Bath & Body Works (BBWI) Operating Expenses (2009 - 2026)
Bath & Body Works (BBWI) posted quarterly Operating Expenses of $645.0 million for Q1 2026, up 3.53% year-over-year from $623.0 million in Q1 2025, and up 29.78% quarter-over-quarter from $497.0 million in Q4 2025.
Bath & Body Works (BBWI) Operating Expenses (2009 - 2026) Analysis & Trends
Bath & Body Works (BBWI) has reported Operating Expenses for 18 consecutive years, with $645.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 3.53% year-over-year to $645.0 million; the TTM figure through Jan 2026 stood at $2.1 billion (up 4.83% YoY), while the FY2026 annual figure was $2.1 billion, up 4.83% from the prior year.
- Operating Expenses grew to $645.0 million in Q1 2026 per BBWI's latest filing, from $497.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $645.0 million in Q1 2026 and bottomed at $389.0 million in Q2 2022.
- Historically, Operating Expenses has averaged $495.7 million across 5 years, with a median of $476.0 million in 2022.
- On a YoY basis, Operating Expenses climbed as much as 10.7% in 2022 and fell as far as 5.86% in 2022.
- Bath & Body Works' Operating Expenses stood at $476.0 million in 2022, then declined by 3.15% to $461.0 million in 2023, then gained by 4.56% to $482.0 million in 2024, then gained by 3.11% to $497.0 million in 2025, then rose by 29.78% to $645.0 million in 2026.
- Business Quant data shows BBWI's Operating Expenses at $645.0 million in Q1 2026, $497.0 million in Q4 2025, and $483.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.70 Bn | 30.18 Bn | 1.08 Bn | 730.02 Mn |
| 2 | Williams Sonoma | 28.62 Bn | 27.60 Bn | 1.10 Bn | 627.08 Mn |
| 3 | Ulta Beauty | 22.58 Bn | 22.36 Bn | 1.27 Bn | 819.36 Mn |
| 4 | Tractor Supply | 18.35 Bn | 18.12 Bn | 1.68 Bn | 1.02 Bn |
| 5 | Best Buy | 18.03 Bn | 16.28 Bn | 2.10 Bn | 1.73 Bn |
| 6 | Dick'S Sporting Goods | 15.93 Bn | 14.93 Bn | 1.68 Bn | 1.22 Bn |
| 7 | Five Below | 13.08 Bn | 11.97 Bn | 478.64 Mn | 273.28 Mn |
| 8 | Murphy USA | 10.51 Bn | 10.33 Bn | 746.50 Mn | 6.50 Bn |
| 9 | Bath & Body Works | 4.08 Bn | 3.13 Bn | 1.24 Bn | 645.00 Mn |
| 10 | MINISO Group Holding | 3.42 Bn | 2.45 Bn | 414.86 Mn | -290.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 645.00 Mn |
| Nov 1, 2025 | 497.00 Mn |
| Aug 2, 2025 | 483.00 Mn |
| May 3, 2025 | 437.00 Mn |
| Feb 1, 2025 | 623.00 Mn |
| Nov 2, 2024 | 482.00 Mn |
| Aug 3, 2024 | 443.00 Mn |
| May 4, 2024 | 419.00 Mn |
| Feb 3, 2024 | 641.00 Mn |
| Oct 28, 2023 | 461.00 Mn |
| Jul 29, 2023 | 434.00 Mn |
| Apr 29, 2023 | 415.00 Mn |
| Jan 28, 2023 | 597.00 Mn |
| Oct 29, 2022 | 476.00 Mn |
| Jul 30, 2022 | 418.00 Mn |
| Apr 30, 2022 | 389.00 Mn |
| Jan 29, 2022 | 567.00 Mn |
| Oct 30, 2021 | 430.00 Mn |
| Jul 31, 2021 | 444.00 Mn |
| May 1, 2021 | 405.00 Mn |