Best Buy (BBY) Operating Expenses (2009 - 2026)
Best Buy's (BBY) quarterly Operating Expenses came in at $1.7 billion in Q2 2026, down 5.36% year-on-year from $1.8 billion in Q2 2025, and down 19.85% on a QoQ basis from $2.2 billion in Q1 2026.
Best Buy (BBY) Operating Expenses (2009 - 2026) Analysis & Trends
Best Buy (BBY) has 18 years of Operating Expenses data on file, last reported at $1.7 billion in Q2 2026.
- On a quarterly basis, Operating Expenses fell 5.36% year-over-year to $1.7 billion in Q2 2026; TTM through May 2026 was $7.7 billion, a 0.14% change from a year earlier, with the FY2026 full-year figure at $7.8 billion, up 2.16% from the prior year.
- Operating Expenses for Q2 2026 stood at $1.7 billion, down 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.
- Historically, Operating Expenses has averaged $2.0 billion across 5 years, with a median of $1.9 billion in 2022.
- On a YoY basis, Operating Expenses climbed as much as 7.76% in 2025 and fell as far as 8.77% in 2025.
- Year by year, Operating Expenses stood at $2.0 billion in 2022, then slipped by 4.58% to $1.9 billion in 2023, then decreased by 0.53% to $1.9 billion in 2024, then climbed by 0.64% to $1.9 billion in 2025, then declined by 7.82% to $1.7 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $1.7 billion in Q2 2026, $2.2 billion in Q1 2026, and $1.9 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 32.35 Bn | 31.83 Bn | 1.08 Bn | 730.02 Mn |
| 2 | NaaS Technology | 30.76 Bn | 30.76 Bn | - | - |
| 3 | Williams Sonoma | 28.07 Bn | 27.05 Bn | 1.10 Bn | 627.08 Mn |
| 4 | Ulta Beauty | 22.98 Bn | 22.49 Bn | 1.48 Bn | 1.01 Bn |
| 5 | Best Buy | 18.17 Bn | 16.42 Bn | 2.10 Bn | 1.73 Bn |
| 6 | Dick'S Sporting Goods | 16.47 Bn | 15.12 Bn | 1.77 Bn | 1.57 Bn |
| 7 | Tractor Supply | 15.98 Bn | 15.76 Bn | 1.30 Bn | 941.15 Mn |
| 8 | MINISO Group Holding | 15.79 Bn | 14.72 Bn | 414.86 Mn | -290.69 Mn |
| 9 | Five Below | 11.82 Bn | 10.89 Bn | 696.98 Mn | 337.11 Mn |
| 10 | Murphy USA | 11.28 Bn | 11.16 Bn | -3.64 Bn | 4.61 Bn |
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 | 2.45 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 |