Discontinued — last reported Q1 '26

Products & Services · Revenue

Services — Revenue

Best Buy Services — Revenue decreased by 16.5% to $616.00M in Q1 2025 compared to the prior quarter. Year-over-year, this metric declined by 0.2%, from $617.00M to $616.00M. Over 3 years (FY 2022 to FY 2025), Services — Revenue shows an upward trend with a 3.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2017
Last reportedQ1 2026Jun 6, 2025
Rolls up toTotal Revenue

How to read this metric

An increase suggests successful cross-selling of value-added services to hardware customers, while a decrease may indicate lower service attachment rates or reduced customer engagement.

Detailed definition

This metric represents the total revenue generated from the company's services segment, which includes offerings such as...

Peer comparison

Comparable to 'Services and Support' or 'After-sales Revenue' metrics reported by other large-scale consumer electronics and retail companies.

Metric ID: bby_segment_services_revenues

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$591.00M$610.00M$595.00M$585.00M$543.00M$553.00M$576.00M$660.00M$573.00M$588.00M$608.00M$761.00M$617.00M$628.00M$648.00M$738.00M$616.00M
QoQ Change+3.2%-2.5%-1.7%-7.2%+1.8%+4.2%+14.6%-13.2%+2.6%+3.4%+25.2%-18.9%+1.8%+3.2%+13.9%-16.5%
YoY Change-8.1%-9.3%-3.2%+12.8%+5.5%+6.3%+5.6%+15.3%+7.7%+6.8%+6.6%-3.0%-0.2%
Range$543.00M$761.00M
CAGR+1.0%
Avg YoY Growth+3.3%
Median YoY Growth+5.6%

Frequently Asked Questions

What is Best Buy's services — revenue?
Best Buy (BBY) reported services — revenue of $616.00M in Q1 2025.
How has Best Buy's services — revenue changed year-over-year?
Best Buy's services — revenue decreased by 0.2% year-over-year, from $617.00M to $616.00M.
What is the long-term trend for Best Buy's services — revenue?
Over 3 years (2022 to 2025), Best Buy's services — revenue has grown at a 3.4% compound annual growth rate (CAGR), from $2.38B to $2.63B.
What does services — revenue mean?
Total revenue generated from service-based offerings like repairs, support, and protection plans.