Best Buy (BBY) Deferred Taxes (2009 - 2026)

Best Buy's (BBY) quarterly Deferred Taxes came in at $10.0 million in Q2 2026, up 119.61% year-on-year from $4.6 million in Q2 2025, and down 56.52% on a QoQ basis from $23.0 million in Q1 2026.

Best Buy (BBY) Deferred Taxes (2009 - 2026) Analysis & Trends

Best Buy (BBY) has 18 years of Deferred Taxes data on file, last reported at $10.0 million in Q2 2026.

  • On a quarterly basis, Deferred Taxes rose 119.61% year-over-year to $10.0 million in Q2 2026; TTM through May 2026 was $121.0 million, a 197.58% increase from a year earlier, with the FY2026 full-year figure at $60.0 million, up 201.69% from the prior year.
  • Deferred Taxes for Q2 2026 stood at $10.0 million, down from $23.0 million in the prior quarter.
  • Over the last five years, Deferred Taxes for BBY reached as high as $96.0 million in Q3 2025 and fell as low as -$60.0 million in Q1 2025.
  • Historically, Deferred Taxes has averaged $3.5 million across 5 years, with a median of -$4.0 million in 2024.
  • On a YoY basis, Deferred Taxes climbed as much as 2500.0% in 2025 and fell as far as 464.29% in 2025.
  • Year by year, Deferred Taxes stood at $38.0 million in 2022, then plunged by 128.95% to -$11.0 million in 2023, then rose by 18.18% to -$9.0 million in 2024, then advanced by 11.11% to -$8.0 million in 2025, then soared by 225.0% to $10.0 million in 2026.
  • Per Business Quant data, the three most recent Deferred Taxes figures were $10.0 million in Q2 2026, $23.0 million in Q1 2026, and -$8.0 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Caseys General Stores 32.13 Bn 31.61 Bn 1.08 Bn -10.69 Mn
2 NaaS Technology 30.58 Bn 30.58 Bn - -
3 Williams Sonoma 28.34 Bn 27.33 Bn 1.10 Bn 878,000.00
4 Ulta Beauty 23.18 Bn 22.69 Bn 1.48 Bn 1.63 Mn
5 Best Buy 18.52 Bn 16.77 Bn 2.10 Bn 10.00 Mn
6 Dick'S Sporting Goods 16.59 Bn 15.24 Bn 1.77 Bn 144.90 Mn
7 MINISO Group Holding 16.05 Bn 14.98 Bn 414.86 Mn -
8 Tractor Supply 15.89 Bn 15.66 Bn 1.30 Bn 23.50 Mn
9 Five Below 12.09 Bn 11.16 Bn 696.98 Mn -4.27 Mn
10 Murphy USA 11.42 Bn 11.30 Bn -3.64 Bn 9.30 Mn

Historic Data

Download Data
DateValue
May 2, 2026 10.00 Mn
Jan 31, 2026 23.00 Mn
Nov 1, 2025 -8.00 Mn
Aug 2, 2025 96.00 Mn
May 3, 2025 -51.00 Mn
Feb 1, 2025 -60.00 Mn
Nov 2, 2024 -9.00 Mn
Aug 3, 2024 -4.00 Mn
May 4, 2024 14.00 Mn
Jan 28, 2023 -11.00 Mn
Jan 29, 2022 38.00 Mn
Oct 30, 2021 -18.00 Mn
Jan 30, 2021 -55.00 Mn
Oct 31, 2020 6.00 Mn
Aug 1, 2020 -2.00 Mn
May 2, 2020 15.00 Mn
Feb 1, 2020 50.00 Mn
Nov 2, 2019 10.00 Mn
Aug 3, 2019 -3.00 Mn
May 4, 2019 13.00 Mn