Best Buy (BBY) Deferred Taxes (2009 - 2026)
Best Buy (BBY) posted quarterly Deferred Taxes of $10.0 million for Q2 2026, up 119.61% year-over-year from $4.6 million in Q2 2025, and down 56.52% quarter-over-quarter from $23.0 million in Q1 2026.
Best Buy (BBY) Deferred Taxes (2009 - 2026) Analysis & Trends
Best Buy (BBY) has reported Deferred Taxes for 18 consecutive years, with $10.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Deferred Taxes rose 119.61% year-over-year to $10.0 million; the TTM figure through May 2026 stood at $121.0 million (up 197.58% YoY), while the FY2026 annual figure was $60.0 million, up 201.69% from the prior year.
- Deferred Taxes declined to $10.0 million in Q2 2026 per BBY's latest filing, from $23.0 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $96.0 million in Q3 2025 and bottomed at -$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.
- Best Buy's Deferred Taxes stood at $38.0 million in 2022, then plunged by 128.95% to -$11.0 million in 2023, then grew by 18.18% to -$9.0 million in 2024, then rose by 11.11% to -$8.0 million in 2025, then jumped by 225.0% to $10.0 million in 2026.
- Business Quant data shows BBY's Deferred Taxes at $10.0 million in Q2 2026, $23.0 million in Q1 2026, and -$8.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.70 Bn | 30.18 Bn | 1.08 Bn | -10.69 Mn |
| 2 | Williams Sonoma | 28.62 Bn | 27.60 Bn | 1.10 Bn | 878,000.00 |
| 3 | Ulta Beauty | 22.58 Bn | 22.36 Bn | 1.27 Bn | -2.94 Mn |
| 4 | Tractor Supply | 18.35 Bn | 18.12 Bn | 1.68 Bn | -26.51 Mn |
| 5 | Best Buy | 18.03 Bn | 16.28 Bn | 2.10 Bn | 10.00 Mn |
| 6 | Dick'S Sporting Goods | 15.93 Bn | 14.93 Bn | 1.68 Bn | 55.00 Mn |
| 7 | Five Below | 13.08 Bn | 11.97 Bn | 478.64 Mn | 752,000.00 |
| 8 | Murphy USA | 10.51 Bn | 10.33 Bn | 746.50 Mn | 6.40 Mn |
| 9 | Bath & Body Works | 4.08 Bn | 3.13 Bn | 1.24 Bn | 64.00 Mn |
| 10 | MINISO Group Holding | 3.42 Bn | 2.45 Bn | 414.86 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 |