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| Date | Value |
|---|---|
| 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 |