Best Buy Historical Income Statement Analysis

Historical analysis of Best Buy income statement accounts such as Cost of Revenue of 35.7 B, Earning Before Interest and Taxes EBIT of 1.7 B or Gross Profit of 9.4 B can show how well Best Buy Co Inc performed in making a profits. Evaluating Best Buy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Best Buy future profits or losses. Financial Statement Analysis is much more than just reviewing and examining Best Buy Co latest accounting reports in order to predict its past. Macroaxis encourages investors to analyze financial statement over time for various trends across multiple indicators and accounts to determine whether Best Buy Co is a good buy for the upcoming year. Check also Trending Equities.
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Best Buy Co Inc Income Statement Chart

Cost of Revenue    Earning Before Interest and Taxes EBIT    Operating Expenses    Operating Income    Revenues    Revenues USD    Weighted Average Shares Diluted    

Cost of Revenue

Cost of Revenue is found on Best Buy Co income statement and represents the costs associated with goods and services Best Buy provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. The aggregate cost of goods produced and sold and services rendered during the reporting period.

Earning Before Interest and Taxes EBIT

Earnings Before Interest and Tax is calculated by adding Income Tax Expense and Interest Expense back to Net Income.

Operating Expenses

Operating expenses represents the total expenditure on Selling General and Administrative Expense, [RND] and other operating expense items, it excludes Cost of Revenue.

Operating Income

Operating Income is the amount of profit realized from Best Buy Co operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Best Buy Co Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Operating income is a measure of financial performance before the deduction of Interest Expense, Income Tax Expense and other Non-Operating items. It is calculated as Gross Profit minus Operating Expenses.


Revenues refers to the total amount of money received by Best Buy for goods sold or services provided during a certain time period. It also includes all of Best Buy Co sales as well as any other increase in Best Buy Co Inc equity.Revenues are reported on Best Buy Co income statement and calculated before any expenses are subtracted. Amount of Revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Interest income for financial institutions is reported net of interest expense and provision for credit losses.

Revenues USD

Revenues in USD, converted by [FXUSD].

Weighted Average Shares Diluted

The weighted average number of shares or units issued and outstanding that are used by the company to calculate Earnings per Diluted Share, determined based on the timing of issuance of shares or units in the period.