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

Bath & Body Works (BBWI) reported 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 18 years of Operating Expenses data on file, last reported at $645.0 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $645.0 million, up 3.53% year-over-year; the trailing twelve-month figure through Jan 2026 was $2.1 billion (up 4.83% YoY), and the FY2026 annual result was $2.1 billion, up 4.83% from the prior year.
  • Operating Expenses climbed to $645.0 million in Q1 2026 per BBWI's latest filing, from $497.0 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $645.0 million in Q1 2026 and troughed at $389.0 million in Q2 2022.
  • A 5-year average of $495.7 million and a median of $476.0 million in 2022 frame the typical range for Operating Expenses.
  • On a YoY basis, Operating Expenses climbed as much as 10.7% in 2022 and fell as far as 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.
  • 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Caseys General Stores 27.84 Bn 27.38 Bn 1.01 Bn 697.64 Mn
2 Williams Sonoma 24.59 Bn 23.57 Bn 1.10 Bn 627.08 Mn
3 Ulta Beauty 20.75 Bn 20.25 Bn 1.48 Bn 1.01 Bn
4 Dick'S Sporting Goods 17.81 Bn 16.45 Bn 1.77 Bn 1.57 Bn
5 Tractor Supply 15.90 Bn 15.67 Bn 1.30 Bn 941.15 Mn
6 Best Buy 15.61 Bn 13.87 Bn 2.10 Bn 1.73 Bn
7 NaaS Technology 14.72 Bn 14.70 Bn - -
8 Five Below 10.27 Bn 9.34 Bn 696.98 Mn 337.11 Mn
9 Murphy USA 10.20 Bn 10.08 Bn 3.98 Bn 279.80 Mn
10 Bath & Body Works 4.08 Bn 3.13 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