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
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 2.45 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