Bath & Body Works (BBWI) Operating Expenses (2009 - 2026)
Bath & Body Works' (BBWI) quarterly Operating Expenses came in at $645.0 million in Q1 2026, up 3.53% year-on-year from $623.0 million in Q1 2025, and up 29.78% on a QoQ basis 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.
- On a quarterly basis, Operating Expenses rose 3.53% year-over-year to $645.0 million in Q1 2026; TTM through Jan 2026 was $2.1 billion, a 4.83% increase from a year earlier, with the FY2026 full-year figure at $2.1 billion, up 4.83% from the prior year.
- Operating Expenses for Q1 2026 stood at $645.0 million, up 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.
- 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.
- Year by year, Operating Expenses stood at $476.0 million in 2022, then retreated by 3.15% to $461.0 million in 2023, then climbed by 4.56% to $482.0 million in 2024, then climbed by 3.11% to $497.0 million in 2025, then advanced by 29.78% to $645.0 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $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 | 32.13 Bn | 31.61 Bn | 1.08 Bn | 730.02 Mn |
| 2 | NaaS Technology | 30.58 Bn | 30.58 Bn | - | - |
| 3 | Williams Sonoma | 28.34 Bn | 27.33 Bn | 1.10 Bn | 627.08 Mn |
| 4 | Ulta Beauty | 23.18 Bn | 22.69 Bn | 1.48 Bn | 1.01 Bn |
| 5 | Best Buy | 18.52 Bn | 16.77 Bn | 2.10 Bn | 1.73 Bn |
| 6 | Dick'S Sporting Goods | 16.59 Bn | 15.24 Bn | 1.77 Bn | 1.57 Bn |
| 7 | MINISO Group Holding | 16.05 Bn | 14.98 Bn | 414.86 Mn | -290.69 Mn |
| 8 | Tractor Supply | 15.89 Bn | 15.66 Bn | 1.30 Bn | 941.15 Mn |
| 9 | Five Below | 12.09 Bn | 11.16 Bn | 696.98 Mn | 337.11 Mn |
| 10 | Bath & Body Works | 4.44 Bn | 3.49 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 |