best-buy-revenue

Best Buy Revenue

Business / By / March 20, 2023

Best Buy generated $51.76 billion in revenue in 2022, compared to $47.26 billion in 2021, $43.64 billion in 2020.

best-buy-revenue-by-product
  • Computing and Mobile Phones:
    • Steady growth from 2020 to 2022
    • Increased demand for computing devices and smartphones
  • Consumer Electronics:
    • Slight dip in 2021 followed by a significant increase in 2022
    • Consumers upgrading home electronics
  • Appliances:
    • Consistent growth from 2020 to 2022
    • Increasing consumer spending on home improvements
  • Entertainment:
    • Steady growth across all three years
    • Increased demand for streaming services and gaming platforms
  • Services:
    • Slight dip in 2021, followed by a recovery in 2022
    • Growing importance of subscription-based services and digital solutions
  • Other:
    • Fluctuating trend with a dip in 2021 and recovery in 2022
    • Diverse segment with varied performance across sub-segments
best-buy-stores
In 2022, Best Buy had about a thousand stores, 938 Best Buy stores, 16 Outlet Centers, 21 Pacific Sales stores, and 9 Yardbird stores.

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Best Buy Revenue

best-buy-revenue
Best Buy generated $51.76 billion in revenue in 2022, compared to $47.26 billion in 2021, and $43.64 billion in 2020.

Best Buy Profits

best-buy-profits
Best Buy generated $2.45 billion in profits in 2022, compared to $1.8 billion in 2021 and $1.54 billion in 2020.

Best Buy Free Cash Flow

best-buy-free-cash-flow
Best Buy generated $2.5 billion in free cash flow in 2022, compared to $4.21 billion in 2021 and $1.82 billion in 2020.

Best Buy Revenue Breakdown

best-buy-revenue-breakdown
In 2022, of $51.76 billion in revenue, Best buy generated $47,8 billion from the domestic segment and $3.93 billion from the international segment.

Best Buy Revenue By Product

best-buy-revenue-by-product
In 2022, Best Buy generated most of its revenue from computing and mobile phones ($22.48 billion), followed by consumer electronics ($16.2 billion), appliances ($7.17 billion), entertainment ($3.27 billion), services ($2.38 billion).

Best Buy Stores

best-buy-stores
In 2022, Best Buy had about a thousand stores, 938 Best Buy stores, 16 Outlet Centers, 21 Pacific Sales stores, and 9 Yardbird stores.

Best Buy Employees

best-buy-employees
Best Buy had 105,000 employees in 2022, compared to 102,000 employees in 2021.

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About The Author

Gennaro is the creator of FourWeekMBA, which reached about four million business people, comprising C-level executives, investors, analysts, product managers, and aspiring digital entrepreneurs in 2022 alone | He is also Director of Sales for a high-tech scaleup in the AI Industry | In 2012, Gennaro earned an International MBA with emphasis on Corporate Finance and Business Strategy.
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