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
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