Non-Current Assets

PP&E (Net)

Best Buy PP&E (Net) increased by 0.1% to $1.99B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.9%, from $2.09B to $1.99B. Over 5 years (FY 2021 to FY 2026), PP&E (Net) shows a downward trend with a -2.6% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2027May 28, 2026

How to read this metric

An increase indicates ongoing investment in physical capacity, whereas a decline may suggest aging assets or a strategy of asset-light operations.

Detailed definition

This metric represents the book value of tangible assets after subtracting accumulated depreciation from the total histo...

Peer comparison

Standard line item for all manufacturing and industrial companies; directly comparable across peers.

Metric ID: property_plant_equipment_net

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$2.23B$2.23B$2.26B$2.25B$2.25B$2.32B$2.37B$2.35B$2.32B$2.31B$2.31B$2.26B$2.20B$2.18B$2.20B$2.12B$2.09B$2.05B$2.04B$1.99B$1.99B
QoQ Change-0.3%+1.3%-0.3%+0.0%+3.0%+2.3%-0.9%-1.3%-0.7%+0.3%-2.3%-2.8%-0.6%+0.6%-3.4%-1.6%-2.1%-0.4%-2.5%+0.1%
YoY Change+0.8%+4.2%+5.2%+4.5%+3.1%-0.6%-2.5%-3.9%-5.4%-5.3%-5.1%-6.1%-4.9%-6.3%-7.2%-6.4%-4.9%
Range$1.99B$2.37B
CAGR-2.3%
Avg YoY Growth-2.4%
Median YoY Growth-4.9%

Geographic Breakdown — Other Countries

View all
SegmentQ4 '23
Other Countries$2.00M
Total$2.35B

Geographic Breakdown — U.S.

View all
SegmentQ4 '23Q4 '25Q4 '26
U.S.$2.24B$2.00B$1.82B
Canada$107.00M$120.00M$164.00M
Total$2.35B$2.12B$1.99B

Canada, U.S. were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is Best Buy's pp&e (net)?
Best Buy (BBY) reported pp&e (net) of $1.99B in Q1 2026.
How has Best Buy's pp&e (net) changed year-over-year?
Best Buy's pp&e (net) decreased by 4.9% year-over-year, from $2.09B to $1.99B.
What is the long-term trend for Best Buy's pp&e (net)?
Over 5 years (2021 to 2026), Best Buy's pp&e (net) has grown at a -2.6% compound annual growth rate (CAGR), from $2.26B to $1.99B.
What does pp&e (net) mean?
The current book value of physical assets after accounting for wear and tear.