Best Buy Deferred revenue — Contract with Customer, Liability, Current decreased by 6.3% to $843.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.4%, from $891.00M to $843.00M. Over 4 years (FY 2022 to FY 2026), Deferred revenue — Contract with Customer, Liability, Current shows relatively stable performance with a -0.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase suggests growing demand for service-based offerings or pre-paid subscriptions, while a decrease may indicate a slowdown in service contract renewals or faster fulfillment of existing obligations.
This represents the current portion of payments received from customers for goods or services that have not yet been del...
Peers in the consumer electronics and retail services space typically report this as unearned revenue or contract liabilities, with higher balances often correlating with strong attachment rates for extended warranties and subscription services.
bby_segment_deferred_revenue_contract_with_customer_liability_current| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $734.00M | $854.00M | $977.00M | $1.10B | $1.10B | $1.13B | $1.08B | $1.12B | $1.02B | $996.00M | $934.00M | $1.00B | $923.00M | $940.00M | $878.00M | $951.00M | $891.00M | $889.00M | $853.00M | $900.00M | $843.00M |
| QoQ Change | — | +16.3% | +14.4% | +12.9% | -0.2% | +2.9% | -4.7% | +3.3% | -9.1% | -1.9% | -6.2% | +7.1% | -7.7% | +1.8% | -6.6% | +8.3% | -6.3% | -0.2% | -4.0% | +5.5% | -6.3% |
| YoY Change | — | — | — | — | +50.0% | +32.7% | +10.5% | +1.2% | -7.8% | -12.1% | -13.5% | -10.4% | -9.1% | -5.6% | -6.0% | -4.9% | -3.5% | -5.4% | -2.8% | -5.4% | -5.4% |