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| 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 |