Non-Current Liabilities

Operating Lease Liabilities

Best Buy Operating Lease Liabilities increased by 0.4% to $2.34B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.9%, from $2.28B to $2.34B. Over 5 years (FY 2021 to FY 2026), Operating Lease Liabilities shows an upward trend with a 3.0% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2019
Last reportedQ1 2027May 28, 2026

How to read this metric

An increase reflects long-term expansion of the leased asset base, while a decrease indicates a reduction in long-term lease commitments.

Detailed definition

This represents the portion of operating lease obligations that are due beyond the next twelve months. It reflects the l...

Peer comparison

Standard long-term liability for companies with significant real estate or equipment footprints.

Metric ID: operating_lease_liabilities_non_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$1.98B$2.09B$2.10B$2.06B$2.12B$2.22B$2.22B$2.16B$2.13B$2.25B$2.27B$2.20B$2.22B$2.32B$2.29B$2.28B$2.28B$2.29B$2.31B$2.33B$2.34B
QoQ Change+5.4%+0.6%-2.0%+2.9%+4.7%-0.2%-2.3%-1.7%+5.9%+0.7%-3.1%+1.0%+4.2%-1.0%-0.5%-0.2%+0.7%+0.7%+1.1%+0.4%
YoY Change+7.0%+6.3%+5.4%+5.0%+0.3%+1.5%+2.4%+1.6%+4.4%+2.8%+1.0%+3.8%+2.5%-1.0%+0.7%+2.3%+2.9%
Range$1.98B$2.34B
CAGR+3.4%
Avg YoY Growth+2.9%
Median YoY Growth+2.5%
Current Streak4 quarters growth

Frequently Asked Questions

What is Best Buy's operating lease liabilities?
Best Buy (BBY) reported operating lease liabilities of $2.34B in Q1 2026.
How has Best Buy's operating lease liabilities changed year-over-year?
Best Buy's operating lease liabilities increased by 2.9% year-over-year, from $2.28B to $2.34B.
What is the long-term trend for Best Buy's operating lease liabilities?
Over 5 years (2021 to 2026), Best Buy's operating lease liabilities has grown at a 3.0% compound annual growth rate (CAGR), from $2.01B to $2.33B.
What does operating lease liabilities mean?
The amount of lease payments due after one year.