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% YoY from $623.0 million in Q1 2025, and up 29.78% sequentially from $497.0 million in Q4 2025.

Bath & Body Works (BBWI) Operating Expenses (2009 - 2026) Analysis & Trends

Bath & Body Works has disclosed Operating Expenses across 18 years of filings, most recently posting $645.0 million for 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 rose to $645.0 million in Q1 2026, from $497.0 million in the prior quarter.
  • Over the last five years, Operating Expenses for BBWI reached as high as $645.0 million in Q1 2026 and fell as low as $389.0 million in Q2 2022.
  • The 5-year median for Operating Expenses is $476.0 million (2022), against an average of $495.7 million.
  • The widest YoY moves for Operating Expenses: up 10.7% in 2022, down 5.86% in 2022.
  • A 5-year view of Operating Expenses shows it stood at $476.0 million in 2022, then dropped by 3.15% to $461.0 million in 2023, then rose by 4.56% to $482.0 million in 2024, then rose by 3.11% to $497.0 million in 2025, then increased by 29.78% to $645.0 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $645.0 million, $497.0 million, and $483.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 NaaS Technology 29.20 Bn 29.20 Bn - -
2 Caseys General Stores 28.94 Bn 28.48 Bn 1.08 Bn 730.02 Mn
3 Williams Sonoma 27.71 Bn 26.69 Bn 1.10 Bn 627.08 Mn
4 Dick'S Sporting Goods 19.10 Bn 17.75 Bn 1.77 Bn 1.57 Bn
5 Tractor Supply 16.98 Bn 16.76 Bn 1.30 Bn 941.15 Mn
6 Best Buy 16.25 Bn 14.50 Bn 2.10 Bn 1.73 Bn
7 Murphy USA 10.35 Bn 10.23 Bn 3.98 Bn 279.80 Mn
8 Five Below 10.07 Bn 9.13 Bn 696.98 Mn 337.11 Mn
9 Winmark 8.93 Bn 8.93 Bn 20.23 Mn 7.87 Mn
10 Bath & Body Works 2.42 Bn 1.47 Bn 1.24 Bn 645.00 Mn

Historic Data

Download Data
DateValue
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