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  • Goodwill Impairment (new) — The filing discloses a $118 million goodwill impairment for Best Buy Health recorded in fiscal 2026, which was not present in the prior year's filing.
NYSE: BBY BEST BUY CO INC 10-Q

Quarterly net income of $315.0M against $186.0M a year earlier; Best Buy Q2 profit jumps 69% on tariff refunds and lower restructuring costs

Filed September 4, 2026 · Period ending August 1, 2026 · Compared to 10-Q Sep 5, 2025 · ~1 min read

Key Changes

  • high

    Net income rose 69.4% to $315.0M, with diluted EPS up 70.1% to $1.48, driven by a $34M tariff refund and sharply lower restructuring charges.

    MD&A: Results verify on EDGAR →
  • high

    Revenue grew 3.6% to $9.78B, led by computing, home theater, AI glasses, and trading cards; traditional gaming declined.

    MD&A: Revenue verify on EDGAR →
  • high

    Operating income surged 68% to $421M, helped by a $6M restructuring credit versus a $114M charge last year.

    MD&A: Operating income verify on EDGAR →

2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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Figures/quotes linked to EDGAR · Narrative written by AI · Sep 4, 2026 · How we verify