Best Buy Unredeemed gift card liabilities — Contract with Customer, Liability, Current increased by 1.7% to $235.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 7.1%, from $253.00M to $235.00M. Over 4 years (FY 2022 to FY 2026), Unredeemed gift card liabilities — Contract with Customer, Liability, Current shows a downward trend with a -6.1% CAGR.
An increase suggests higher gift card sales or slower redemption rates, potentially indicating future revenue growth or changes in consumer spending patterns. A decrease may signal higher redemption activity or a slowdown in gift card sales.
This represents the total outstanding balance of gift cards sold to customers that have not yet been redeemed for mercha...
Most major retailers report this as 'Deferred Revenue' or 'Gift Card Liability' within current liabilities, with balances typically fluctuating based on seasonal holiday sales cycles.
bby_segment_unredeemed_gift_card_liabilities_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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $297.00M | $293.00M | $306.00M | $316.00M | $284.00M | $273.00M | $273.00M | $274.00M | $256.00M | $250.00M | $245.00M | $253.00M | $242.00M | $243.00M | $246.00M | $253.00M | $246.00M | $230.00M | $231.00M | $235.00M |
| QoQ Change | — | -1.3% | +4.4% | +3.3% | -10.1% | -3.9% | +0.0% | +0.4% | -6.6% | -2.3% | -2.0% | +3.3% | -4.3% | +0.4% | +1.2% | +2.8% | -2.8% | -6.5% | +0.4% | +1.7% |
| YoY Change | — | — | — | — | -4.4% | -6.8% | -10.8% | -13.3% | -9.9% | -8.4% | -10.3% | -7.7% | -5.5% | -2.8% | +0.4% | +0.0% | +1.7% | -5.3% | -6.1% | -7.1% |