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
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