Best Buy Co., Inc. FY2024 income statement | sankey.it

BBYFY2024

Best Buy Co., Inc.

USD, fiscal year ended 2024-02-03

Operating Expenses: R&D 0% | SG&A 18% of revenue

Revenue

$43.5B-6.1%

Gross margin

22.1%+0.7 pts

Operating margin

3.6%-0.3 pts

Net margin

2.9%-0.2 pts

Open full screen

Revenue segments

Computing And Mobile Phones: $18.5B42.5%
Consumer Electronics: $13.0B29.8%
Appliances: $5.8B13.4%
Entertainment: $3.4B

Period history

Revenue, by year

Income statement

Line	FY2024	YoY
Revenue	$43,452,000,000	-6.1%
Cost of revenue	$33,849,000,000	-7%
Gross profit	$9,603,000,000	-3.1%
Operating expenses	$8,029,000,000	-1.1%
Operating income	$1,574,000,000	-12%
Other income/expense, net	$47,000,000	+771%
Income before tax	$1,621,000,000

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Fiscal period end: February 3, 2024
Source: Financial Modeling Prep, via the DATA project
Diagram generated: September 3, 2026