Best Buy's revenue is $46.3 billion.

What is Best Buy's revenue?

Best Buy's annual revenue is $46.3B. Zippia's data science team found the following key financial metrics about Best Buy after extensive research and analysis.
  • Best Buy's revenue growth from 1997 to 2022 is 455.28%.
  • Best Buy has 102,000 employees, and the revenue per employee ratio is $453,901.
  • Best Buy's peak quarterly revenue was $16.9B in 2020(q4).
  • Best Buy peak revenue was $51.8B in 2021.
  • Best Buy annual revenue for 2021 was 51.8B, 9.52% growth from 2020.
  • Best Buy annual revenue for 2022 was 46.3B, -10.55% growth from 2021.

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Most Recent Quarter Revenue
$9.8B (Q3'2023)
Company Most Recent Quarter Revenue
Peak Revenue
$51.8B (2021)
Company Peak Revenue
Revenue / Employee
$453,902
Company Revenue / Employee
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Most Recent Quarter Revenue
$9.8B (Q3'2023)
Company Most Recent Quarter Revenue
Peak Revenue
$51.8B (2021)
Company Peak Revenue
Revenue / Employee
$453,902
Company Revenue / Employee

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Best Buy historical revenue

Best Buy's peak revenue was $51.8B in 2021. The peak quarterly revenue was $16.9B in 2020(q4).

Best Buy's revenue increased from $8.3b in 1997 to $46.3B currently. That's a 455.28% change in annual revenue.

Best Buy annual revenue

$52B
$41B
$31B
$21B
$10B
$0
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022

Best Buy annual revenue over time

Fiscal Year / Year
ascdesc
Best Buy Revenue
ascdesc
2009$45.0B
2010$49.2B
2011$49.7B
2012$41.3B
2013$38.3B
2014$40.3B
2015$39.5B
2016$39.4B
2017$42.2B
2018$42.9B
2019$43.6B
2020$47.3B
2021$51.8B
2022$46.3B

How accurately did Best Buy's revenue projections match actual performance?

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Best Buy annual growth

Best Buy saw the greatest revenue growth in 2007, when revenue increased by 29.74%.

Best Buy had the lowest revenue growth in 2012, when revenue changed by -16.96%.

Best Buy annual growth rate over time

Year
ascdesc
Best Buy Growth
ascdesc
2009
12%
2010
9%
2011
1%
2012
-17%
2013
-7%
2014
5%
2015
-2%
2016
-0%
2017
7%
2018
2%
2019
2%
2020
8%
2021
10%
2022
-11%

Best Buy quarterly revenue over time

  • Q1
  • Q2
  • Q3
  • Q4
$17B
$14B
$10B
$7B
$3B
$0
2019
2020
2021
2022
2023

Best Buy quarterly growth rate over time

Year
ascdesc
Q1
ascdesc
Q2
ascdesc
Q3
ascdesc
Q4
ascdesc
2009$10.1B$9.8B$11.5B$14.7B
2010$10.1B$11.0B$12.0B$16.1B
2011$10.8B$11.3B$11.9B$15.7B
2012$11.4B$10.9B$11.1B$7.9B
2013$10.4B$9.3B$9.4B$9.2B
2014$9.3B$9.3B$9.3B$12.4B
2015$8.6B$8.5B$9.0B$13.4B
2016$8.4B$8.5B$8.9B$13.5B
2017$8.5B$8.9B$9.3B$15.4B
2018$9.1B$9.4B$9.6B$14.8B
2019$9.1B$9.5B$9.8B$15.2B
2020$8.6B$9.9B$11.9B$16.9B
2021$11.6B$11.8B$11.9B$16.4B
2022$10.6B$10.3B$10.6B$14.7B
2023$9.5B$9.6B$9.8B-

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Did Best Buy meet its revenue projections?

Best Buy Financial Information

CEOCorie Barry
IndustryRetailing
Company TypePublic
Employees Number102,000
Date Founded1966
HeadquartersRichfield, Minnesota
Number of Locations24
Revenue$46.3B
Net Income$1,419,000,000
Gross Proft$9.9B (2022)
PE Ratio9.82
Tax Rate0.2%
Market Capitalization$13.9B
Total Assets$15,803,000,000
TickerBBY

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Best Buy competitors

Best Buy's top competitor, Walmart, earned an annual revenue of $611.3B.

Best Buy's smallest competitor is Sears Holdings with revenue of $1.4B last year.

Best Buy Revenue FAQs

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Zippia gives an in-depth look into the details of Best Buy, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Best Buy. The employee data is based on information from people who have self-reported their past or current employments at Best Buy. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Best Buy. The data presented on this page does not represent the view of Best Buy and its employees or that of Zippia.

Best Buy may also be known as or be related to Best Buy, Best Buy Co Inc, Best Buy Co., Inc., Sound of Music (1966–1983) Best Buy Co. Superstores (1983–1984) Best Buy Superstores (1984–1989) and best buy geek squad.