Best Buy (BBY) Operating Expenses (2009 - 2026)
Best Buy (BBY) posted quarterly Operating Expenses of $1.7 billion for Q2 2026, down 5.36% year-over-year from $1.8 billion in Q2 2025, and down 19.85% quarter-over-quarter from $2.2 billion in Q1 2026.
Best Buy (BBY) Operating Expenses (2009 - 2026) Analysis & Trends
Best Buy (BBY) has reported Operating Expenses for 18 consecutive years, with $1.7 billion the latest figure, recorded in 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 eased to $1.7 billion in Q2 2026 per BBY's latest filing, from $2.2 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $2.5 billion in Q1 2022 and bottomed at $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.
- Best Buy's Operating Expenses stood at $2.0 billion in 2022, then retreated by 4.58% to $1.9 billion in 2023, then fell by 0.53% to $1.9 billion in 2024, then gained by 0.64% to $1.9 billion in 2025, then slipped by 7.82% to $1.7 billion in 2026.
- Business Quant data shows BBY's Operating Expenses at $1.7 billion in Q2 2026, $2.2 billion in Q1 2026, and $1.9 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.70 Bn | 30.18 Bn | 1.08 Bn | 730.02 Mn |
| 2 | Williams Sonoma | 28.62 Bn | 27.60 Bn | 1.10 Bn | 627.08 Mn |
| 3 | Ulta Beauty | 22.58 Bn | 22.36 Bn | 1.27 Bn | 819.36 Mn |
| 4 | Tractor Supply | 18.35 Bn | 18.12 Bn | 1.68 Bn | 1.02 Bn |
| 5 | Best Buy | 18.03 Bn | 16.28 Bn | 2.10 Bn | 1.73 Bn |
| 6 | Dick'S Sporting Goods | 15.93 Bn | 14.93 Bn | 1.68 Bn | 1.22 Bn |
| 7 | Five Below | 13.08 Bn | 11.97 Bn | 478.64 Mn | 273.28 Mn |
| 8 | Murphy USA | 10.51 Bn | 10.33 Bn | 746.50 Mn | 6.50 Bn |
| 9 | Bath & Body Works | 4.08 Bn | 3.13 Bn | 1.24 Bn | 645.00 Mn |
| 10 | MINISO Group Holding | 3.42 Bn | 2.45 Bn | 414.86 Mn | -290.69 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 | 2.45 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 |