Best Buy (BBY) FY2025 results: revenue $41.5 billion, down 4.4% on the year
Best Buy Co., Inc. (BBY) reported revenue of $41.5 billion for fiscal 2025, the year ended 1 February 2025, down 4.4% on the year before. Net income was $927 million, down 25.3%, and diluted earnings per share $4.28. The figures are the company's own, from the 10-K it filed with the SEC on 19 March 2025.
Revenue
$41.5 billion
-4.4% on the year
FY2018FY2025
Operating margin
3.0%
3.6% a year earlier
FY2018FY2025
Net income
$927 million
-25.3% on the year
FY2018FY2025
Diluted EPS
$4.28
-24.6% on the year
FY2018FY2025
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Operating cash flow
2,098
1,470
1,824
+42.7%
Capital expenditure
706
795
930
-11.2%
Free cash flow
1,392
675
894
+106.2%
Free cash flow margin
3.4%
1.6%
1.9%
Cash from investing
-704
-781
-962
Cash from financing
-1,309
-1,144
-1,806
Depreciation and amortisation
866
923
918
-6.2%
Share-based compensation
139
145
138
-4.1%
Buybacks
500
340
1,014
+47.1%
Dividends paid
807
801
789
+0.7%
Dividend per share
$3.76
$3.68
$3.52
+2.2%
Diluted shares, weighted
217m
218m
226m
-0.9%
Shares outstanding at period end
211m
215m
218m
-1.9%
Balance sheet
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Shareholders' equity
2,808
3,053
2,795
-8.0%
Debt
1,154
1,165
1,176
-0.9%
Operating lease liabilities
2,282
2,199
2,164
+3.8%
Finance lease liabilities
15.0
21.0
26.0
-28.6%
Other liabilities
8,523
8,529
9,642
-0.1%
Total liabilities and equity
14,782
14,967
15,803
-1.2%
Fixed assets
2,122
2,260
2,352
-6.1%
Goodwill
908
1,383
1,383
-34.3%
Cash and equivalents
1,578
1,447
1,874
+9.1%
Receivables
1,044
939
1,141
+11.2%
Inventory
5,085
4,958
5,140
+2.6%
Other assets
4,045
3,980
3,913
+1.6%
Total assets
14,782
14,967
15,803
-1.2%
10-K for the year ended 1 February 2025, filed 19 March 2025: the filing.