Best Buy reported Q4 FY26 net earnings of $541 million, up from $117 million, on revenue of $13.81 billion, down from $13.94 billion a year earlier. Gross profit totaled $2.88 billion versus $2.91 billion, operating income rose to $721 million, lifting the operating margin to 5.2% from 1.6%, and EPS reached $2.58 basic and $2.56 diluted.

Domestic revenue declined to $12.57 billion from $12.71 billion, with domestic online sales of $4.91 billion down 2.3% on a comparable basis and accounting for 39% of domestic revenue. Domestic gross profit rate held at 20.9%. International revenue was flat at $1.23 billion, driven by a 0.5% FX benefit offset by a 1.3% drop in comparable sales, and international gross profit rate eased to 20.5% from 21.4%.

For FY26, Best Buy generated $41.69 billion in revenue, up from $41.52 billion, with gross profit of $9.373 billion (margin 22.5%). Operating income climbed to $1.389 billion from $1.262 billion, and net earnings rose to $1.069 billion from $927 million. The company forecasts FY27 revenue of $41.2–42.1 billion and adjusted diluted EPS of $6.30–6.60.