Best Buy (BBY) Operating Expenses (2009 - 2026)

Best Buy (BBY) reported Operating Expenses of $2.2 billion for Q1 2026, down 2.92% year-over-year from $2.2 billion in Q1 2025, and up 15.01% quarter-over-quarter from $1.9 billion in Q4 2025.

Best Buy (BBY) Operating Expenses (2009 - 2026) Analysis & Trends

Best Buy (BBY) has 18 years of Operating Expenses data on file, last reported at $2.2 billion in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $2.2 billion, down 2.92% year-over-year; the trailing twelve-month figure through Jan 2026 was $7.8 billion (up 2.16% YoY), and the FY2026 annual result was $7.8 billion, up 2.16% from the prior year.
  • Operating Expenses climbed to $2.2 billion in Q1 2026 per BBY's latest filing, from $1.9 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $2.5 billion in Q1 2022 and troughed at $1.8 billion in Q2 2024.
  • A 5-year average of $2.0 billion and a median of $1.9 billion in 2022 frame the typical range for Operating Expenses.
  • On a YoY basis, Operating Expenses climbed as much as 7.76% in 2025 and fell as far as 8.77% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $2.0 billion in 2022, then fell by 4.58% to $1.9 billion in 2023, then declined by 0.53% to $1.9 billion in 2024, then rose by 0.64% to $1.9 billion in 2025, then rose by 15.01% to $2.2 billion in 2026.
  • Business Quant data shows BBY's Operating Expenses at $2.2 billion in Q1 2026, $1.9 billion in Q4 2025, and $1.9 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Caseys General Stores 27.84 Bn 27.38 Bn 1.01 Bn 697.64 Mn
2 Williams Sonoma 24.59 Bn 23.57 Bn 1.10 Bn 627.08 Mn
3 Ulta Beauty 20.75 Bn 20.25 Bn 1.48 Bn 1.01 Bn
4 Dick'S Sporting Goods 17.81 Bn 16.45 Bn 1.77 Bn 1.57 Bn
5 Tractor Supply 15.90 Bn 15.67 Bn 1.30 Bn 941.15 Mn
6 Best Buy 15.61 Bn 13.87 Bn 2.10 Bn 1.73 Bn
7 NaaS Technology 14.72 Bn 14.70 Bn - -
8 Five Below 10.27 Bn 9.34 Bn 696.98 Mn 337.11 Mn
9 Murphy USA 10.20 Bn 10.08 Bn 3.98 Bn 279.80 Mn
10 GameStop 9.92 Bn 905.02 Mn 386.80 Mn 241.90 Mn

Historic Data

Download Data
DateValue
May 2, 2026 1.73 Bn
Jan 31, 2026 2.16 Bn
Nov 1, 2025 1.88 Bn
Aug 2, 2025 1.94 Bn
May 3, 2025 1.83 Bn
Feb 1, 2025 2.23 Bn
Nov 2, 2024 1.87 Bn
Aug 3, 2024 1.80 Bn
May 4, 2024 1.75 Bn
Feb 3, 2024 2.44 Bn
Oct 28, 2023 1.88 Bn
Jul 29, 2023 1.87 Bn
Apr 29, 2023 1.84 Bn
Jan 28, 2023 2.34 Bn
Oct 29, 2022 1.97 Bn
Jul 30, 2022 1.92 Bn
Apr 30, 2022 1.89 Bn
Jan 29, 2022 2.51 Bn
Oct 30, 2021 2.13 Bn
Jul 31, 2021 2.01 Bn