Best Buy Co., Inc. BBY

Revenue Intelligence Report • 58 quarters of SEC filing data • Updated 2026-03-06

Best Buy Co., Inc. has demonstrated a steady revenue performance, with the latest quarterly revenue reported at $8.77 billion. The company's revenue is primarily influenced by its selling, general, and administrative expenses, which have shown minimal elasticity, indicating that increased spending in this area does not significantly drive revenue growth. Despite a holdout test revealing a notable prediction error, the company is forecasting a revenue increase to $45 billion for the fiscal year, reflecting an 8.7% year-over-year growth. Investors should consider the company's cost management strategies and the potential for revenue enhancement as key factors in assessing its financial outlook.

Next FY Revenue
$45.07B
+8.7% YoY
SG&A Elasticity
-0.00x
Model Accuracy
3.8% MAPE
Holdout validation: The model predicted $11B vs the actual $9B — an error of 22.9%.
⚠ Model limitation: This company shows negative spending multipliers, meaning increases in spending have not directly translated into revenue growth. This typically occurs with commodity-driven companies or hypergrowth companies.
Note: Best Buy Co., Inc. does not report R&D expenses separately. This analysis uses SG&A spending only.
Investor insight: Actual revenue ($9B) came in 23% below the spending-based forecast ($11B). This suggests spending is not yet translating to revenue at historical rates.

Revenue Forecast

BBY Revenue Forecast

Quarterly Detail

QuarterModel ForecastActual95% RangeYoY GrowthStatus
Q2 2025 $11B $9B $10B – $12B +21.8% ✗ Outside range
Q3 2025 $11B $10B – $13B +19.0%
Q3 2025 $11B $9B – $13B +11.3%
Q4 2025 $12B $10B – $15B -12.4%
Q1 2026 $11B $9B – $14B +28.7%

How Spending Drives Revenue

BBY Spending Timing
Reading this chart: Each line shows the cumulative elasticity — how a 1% increase in spending translates to revenue growth over subsequent quarters. The effect builds over 4-5 quarters as investments compound.

Want this analysis for your portfolio?

I build custom revenue intelligence reports for investors and companies using SEC filing data, econometric modeling, and AI-powered insights.

Get in Touch

Data sourced from SEC EDGAR XBRL filings. Model: ARDL (log-log) with 58 quarters. This analysis is for informational purposes only and does not constitute investment advice.