Best Buy's global revenue increased slightly in the financial year 2026 that ended January 31, 2026, amounting to billion U.S. dollars.
Computing and mobile phones lead Best Buy's sales
Best Buy generates almost of its revenue from the sales of computing and mobile phones. Consumer electronics are second in line, accounting for about a third of the company's revenue. Both segments together make up nearly percent of the company's revenue from domestic and international markets. Best Buy also generates revenue from appliances, entertainment, and services. Besides brick-and-mortar store, it has a presence in the e-commerce market.
E-commerce sales are growing
Best Buy is a global retailer and developer of technology products and services. The company operates around domestic and international outlets, with the majority of outlets located in the United States. Best Buy earns around percent of its revenue from brick-and-mortar store sales. The number of stores and square footage in both domestic and international outlets has declined in recent years, while the company's online revenue has grown. The growth in Best Buy's online sales has been higher than its overall sales growth, leading to an increased share of online revenue as total revenue.