Best Buy Co. Inc. Net Income

Best Buy Co. Inc. annual net income was $2.45 Billion in fiscal year 2022. The annual net income Increased $656.00 Million from $1.80 Billion (in 2021) to $2.45 Billion (in 2022).
This Increased represents a net income growth of +0.00% Billion year over year.

Best Buy Co. Inc. quarterly net income was $277.00 Million in the quarter ending in Oct 2022.
The quarterly net income Decreased $-222.00 Million from $499.00 Million (in Oct 2021) to $277.00 Million (in Oct 2022).
This Decreased represents a net income growth of -44.49% year over year.

In the last 5 years from 2018 to 2022 :

Highest net income of Best Buy Co. Inc. was $2.45 Billion in fiscal year 2022.
Lowest net income of Best Buy Co. Inc. was $1.00 Billion in fiscal year 2018.
Average net income of Best Buy Co. Inc. was $1.65 Billion.

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Definition of Net Income :
Net Income is the total revenue generated by a company reduced by all expenses, including taxes. For more details on net income, examples and formulas, refer to our glossary.

Best Buy Co. Inc.: Net Income

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Best Buy Co. Inc. : Net Income Details

2022

Best Buy Co. Inc. annual net income was $2.45 Billion in fiscal year 2022.
Best Buy Co. Inc. quarterly net income was $626.00 Million (Jan) , $341.00 Million (Apr) , $306.00 Million (Jul) , and $277.00 Million (Oct) in fiscal year 2022.

2021

Best Buy Co. Inc. annual net income was $1.80 Billion in fiscal year 2021.
Best Buy Co. Inc. quarterly net income was $816.00 Million (Jan) , $595.00 Million (May) , $734.00 Million (Jul) , and $499.00 Million (Oct) in fiscal year 2021.

Best Buy Co. Inc. : Net Income (year over year growth)

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Best Buy Co. Inc. : Net Income (Year Over Year Growth) Details

2022

Best Buy Co. Inc. annual net income Increased +36.48% during fiscal year 2022 compared to 2021.
This represents an Increased in net income of +$656.00 Million from $2.45 Billion (in 2022) to $1.80 Billion (in 2021).

2021

Best Buy Co. Inc. annual net income Increased +16.68% during fiscal year 2021 compared to 2020.
This represents an Increased in net income of +$257.00 Million from $1.80 Billion (in 2021) to $1.54 Billion (in 2020).

Best Buy Co. Inc.: Net Income - Annual (Tabular)

Period	Net Income	Y/Y Growth
2022	$2.45 Billion	36.48 %
2021	$1.80 Billion	16.68 %

Best Buy Co. Inc. : Net Income - Quarterly (Tabular)

Period	Net Income	Y/Y Growth
Oct 22	$277.00 Million	-44.49%
Jul 22	$306.00 Million	-58.31%
Apr 22	$341.00 Million	-42.69%
Jan 22	$626.00 Million	-23.28%
Oct 21	$499.00 Million	27.62%
Jul 21	$734.00 Million	69.91%
May 21	$595.00 Million	274.21%
Jan 21	$816.00 Million	9.53%
Oct 20	$391.00 Million	33.45%
Aug 20	$432.00 Million	81.51%
May 20	$159.00 Million	-40.00%
Feb 20	$745.00 Million	1.36%
Nov 19	$293.00 Million	5.78%
Aug 19	$238.00 Million	-2.46%
May 19	$265.00 Million	27.40%
Feb 19	$735.00 Million	101.92%