Current Liabilities
Deferred Revenue
Best Buy Deferred Revenue decreased by 47.1% to $9.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 10.0%, from $10.00M to $9.00M. Over 2 years (FY 2023 to FY 2025), Deferred Revenue shows an upward trend with a 13.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2015
Last reportedQ3 2026Dec 5, 2025
How to read this metric
An increase is generally positive, signaling strong future demand and cash collection, while a decrease indicates the fulfillment of obligations.
Detailed definition
This represents payments received from customers for goods or services that have not yet been delivered or performed. It...
Peer comparison
Common in subscription and long-term contract businesses; highly indicative of future revenue visibility.
Metric ID:
deferred_revenue_currentHistorical Data
12 periods
| Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $25.00M | $22.00M | $17.00M | $10.00M | $33.00M | $26.00M | $17.00M | $10.00M | $32.00M | $24.00M | $17.00M | $9.00M |
| QoQ Change | — | -12.0% | -22.7% | -41.2% | +230.0% | -21.2% | -34.6% | -41.2% | +220.0% | -25.0% | -29.2% | -47.1% |
| YoY Change | — | — | — | — | +32.0% | +18.2% | +0.0% | +0.0% | -3.0% | -7.7% | +0.0% | -10.0% |
Range$9.00M – $33.00M
CAGR-31.0%
Avg YoY Growth+3.7%
Median YoY Growth+0.0%
Current Streak3 quarters decline
Product Breakdown
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '27 |
|---|---|---|---|---|---|
| Deferred revenue | $923.00M | $940.00M | $878.00M | $951.00M | $843.00M |
| Accrued liabilities | $57.00M | $64.00M | $58.00M | $50.00M | — |
| Unredeemed gift card liabilities | $242.00M | $243.00M | $246.00M | $253.00M | — |
| Unredeemed Gift Cards | $242.00M | $243.00M | $246.00M | $253.00M | — |
| Total | $26.00M | $17.00M | $10.00M | $32.00M | — |
Deferred Revenue at Other Companies
Frequently Asked Questions
- What is Best Buy's deferred revenue?
- Best Buy (BBY) reported deferred revenue of $9.00M in Q3 2025.
- How has Best Buy's deferred revenue changed year-over-year?
- Best Buy's deferred revenue decreased by 10.0% year-over-year, from $10.00M to $9.00M.
- What is the long-term trend for Best Buy's deferred revenue?
- Over 2 years (2023 to 2025), Best Buy's deferred revenue has grown at a 13.1% compound annual growth rate (CAGR), from $25.00M to $32.00M.
- What does deferred revenue mean?
- Cash received from customers for work that has not yet been completed.