Best Buy (BBY) Operating Expenses (2009 - 2026)
Best Buy (BBY) posted quarterly Operating Expenses of $1.7 billion for Q2 2026, down 5.36% YoY from $1.8 billion in Q2 2025, and down 19.85% sequentially from $2.2 billion in Q1 2026.
Best Buy (BBY) Operating Expenses (2009 - 2026) Analysis & Trends
Best Buy has disclosed Operating Expenses across 18 years of filings, most recently posting $1.7 billion for Q2 2026.
- In Q2 2026, Operating Expenses fell 5.36% year-over-year to $1.7 billion; the TTM figure through May 2026 stood at $7.7 billion (changed 0.14% YoY), while the FY2026 annual figure was $7.8 billion, up 2.16% from the prior year.
- Operating Expenses slipped to $1.7 billion in Q2 2026, from $2.2 billion in the prior quarter.
- Over the last five years, Operating Expenses for BBY reached as high as $2.5 billion in Q1 2022 and fell as low as $1.7 billion in Q2 2026.
- The 5-year median for Operating Expenses is $1.9 billion (2022), against an average of $2.0 billion.
- The widest YoY moves for Operating Expenses: up 7.76% in 2025, down 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 decreased by 7.82% to $1.7 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $1.7 billion, $2.2 billion, and $1.9 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | NaaS Technology | 29.20 Bn | 29.20 Bn | - | - |
| 2 | Caseys General Stores | 28.94 Bn | 28.48 Bn | 1.08 Bn | 730.02 Mn |
| 3 | Williams Sonoma | 27.71 Bn | 26.69 Bn | 1.10 Bn | 627.08 Mn |
| 4 | Dick'S Sporting Goods | 19.10 Bn | 17.75 Bn | 1.77 Bn | 1.57 Bn |
| 5 | Tractor Supply | 16.98 Bn | 16.76 Bn | 1.30 Bn | 941.15 Mn |
| 6 | Best Buy | 16.25 Bn | 14.50 Bn | 2.10 Bn | 1.73 Bn |
| 7 | Murphy USA | 10.35 Bn | 10.23 Bn | 3.98 Bn | 279.80 Mn |
| 8 | Five Below | 10.07 Bn | 9.13 Bn | 696.98 Mn | 337.11 Mn |
| 9 | Winmark | 8.93 Bn | 8.93 Bn | 20.23 Mn | 7.87 Mn |
| 10 | Academy Sports & Outdoors | 3.04 Bn | 2.71 Bn | 479.35 Mn | 404.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |