Best Buy (BBY) Operating Expenses (2009 - 2026)
Best Buy (BBY) reported Operating Expenses of $2.2 billion for Q1 2026, down 2.92% year-over-year from $2.2 billion in Q1 2025, and up 15.01% quarter-over-quarter from $1.9 billion in Q4 2025.
Best Buy (BBY) Operating Expenses (2009 - 2026) Analysis & Trends
Best Buy (BBY) has 18 years of Operating Expenses data on file, last reported at $2.2 billion in Q1 2026.
- Operating Expenses for Q1 2026 came in at $2.2 billion, down 2.92% year-over-year; the trailing twelve-month figure through Jan 2026 was $7.8 billion (up 2.16% YoY), and the FY2026 annual result was $7.8 billion, up 2.16% from the prior year.
- Operating Expenses climbed to $2.2 billion in Q1 2026 per BBY's latest filing, from $1.9 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $2.5 billion in Q1 2022 and troughed at $1.8 billion in Q2 2024.
- A 5-year average of $2.0 billion and a median of $1.9 billion in 2022 frame the typical range for Operating Expenses.
- On a YoY basis, Operating Expenses climbed as much as 7.76% in 2025 and fell as far as 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 rose by 15.01% to $2.2 billion in 2026.
- Business Quant data shows BBY's Operating Expenses at $2.2 billion in Q1 2026, $1.9 billion in Q4 2025, and $1.9 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 27.84 Bn | 27.38 Bn | 1.01 Bn | 697.64 Mn |
| 2 | Williams Sonoma | 24.59 Bn | 23.57 Bn | 1.10 Bn | 627.08 Mn |
| 3 | Ulta Beauty | 20.75 Bn | 20.25 Bn | 1.48 Bn | 1.01 Bn |
| 4 | Dick'S Sporting Goods | 17.81 Bn | 16.45 Bn | 1.77 Bn | 1.57 Bn |
| 5 | Tractor Supply | 15.90 Bn | 15.67 Bn | 1.30 Bn | 941.15 Mn |
| 6 | Best Buy | 15.61 Bn | 13.87 Bn | 2.10 Bn | 1.73 Bn |
| 7 | NaaS Technology | 14.72 Bn | 14.70 Bn | - | - |
| 8 | Five Below | 10.27 Bn | 9.34 Bn | 696.98 Mn | 337.11 Mn |
| 9 | Murphy USA | 10.20 Bn | 10.08 Bn | 3.98 Bn | 279.80 Mn |
| 10 | GameStop | 9.92 Bn | 905.02 Mn | 386.80 Mn | 241.90 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 |