Products & Services · Contract with Customer, Liability, Current

Deferred revenue — Contract with Customer, Liability, Current

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.

Analysis

StatementSegment
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ2 2020
Last reportedQ1 2027May 28, 2026
Rolls up toDeferred Revenue

How to read this metric

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.

Detailed definition

This represents the current portion of payments received from customers for goods or services that have not yet been del...

Peer comparison

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.

Metric ID: bby_segment_deferred_revenue_contract_with_customer_liability_current

Historical Data

21 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '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%
Range$734.00M$1.13B
CAGR+2.8%
Avg YoY Growth+0.1%
Median YoY Growth-5.4%

Frequently Asked Questions

What is Best Buy's deferred revenue — contract with customer, liability, current?
Best Buy (BBY) reported deferred revenue — contract with customer, liability, current of $843.00M in Q1 2026.
How has Best Buy's deferred revenue — contract with customer, liability, current changed year-over-year?
Best Buy's deferred revenue — contract with customer, liability, current decreased by 5.4% year-over-year, from $891.00M to $843.00M.
What is the long-term trend for Best Buy's deferred revenue — contract with customer, liability, current?
Over 4 years (2022 to 2026), Best Buy's deferred revenue — contract with customer, liability, current has grown at a -0.9% compound annual growth rate (CAGR), from $3.67B to $3.53B.
What does deferred revenue — contract with customer, liability, current mean?
This is the value of goods or services that customers have paid for but the company has not yet delivered.