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Best Buy BBY Deferred revenue — Contract with Customer, Liability, Current

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Other financials

Income statement

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Revenue$8.9B+1.9%
Gross profit$2.1B+2.6%
Operating income$370.0M+68.9%
Net income$276.0M+36.6%
EPS (diluted)$1.31+37.9%

Balance sheet

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Cash & equivalents$2.0B+41.9%
Total debt$4.2B+2.0%
Total equity$3.1B+11.6%
Total assets$14.9B+5.4%

Cash flow

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Operating cash flow$375.0M+1,003%
CapEx$160.0M-3.6%
Free cash flow$215.0M+263%

Valuation

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Market cap$17.81B+25.0%
Enterprise value$19.94B+19.8%
P/E15.6×-2.7×
P/S0.4×+0.1×

Profitability

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Gross margin22.5%-0.1pp
Operating margin3.7%+0.9pp
Net margin2.7%+0.6pp
FCF margin3.2%

Returns & leverage

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Return on equity39.1%+8.9pp
Debt / equity1.4×-0.1×
Current ratio1.1×+0.1×

Where this comes from

Reported directly by Best Buy in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCurrent.

The source filing: Best Buy’s 10-Q, filed June 5, 2026.

Filed
Jun 5, 2026, 4:43 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0000764478-26-000022
Line itemMay 2, 2026January 31, 2026May 3, 2025
Current liabilities
Accounts payable$5,118$4,745$4,670
Unredeemed gift card liabilities229235246
Deferred revenue843900891
Accrued compensation and related expenses317423367
Accrued liabilities665742617
Current portion of operating lease liabilities614623611
Current portion of long-term debt111110

Item 1. Financial Statements

FAQ

What is Best Buy's deferred revenue — contract with customer, liability, current?
Best Buy (BBY) reported deferred revenue — contract with customer, liability, current of $843M in Q1 2026.
How has Best Buy's deferred revenue — contract with customer, liability, current changed year-over-year?
Best Buy's deferred revenue — contract with customer, liability, current decreased by 5.4% year-over-year, from $891M to $843M.
What is the long-term trend for Best Buy's deferred revenue — contract with customer, liability, current?
Over 4 years (2022 to 2026), Best Buy's deferred revenue — contract with customer, liability, current has grown at a -0.9% compound annual growth rate (CAGR), from $3.67B to $3.53B.
What does deferred revenue — contract with customer, liability, current mean?
This represents the current portion of payments received from customers for goods or services that have not yet been delivered or fulfilled. It reflects obligations to provide future benefits, such as extended service contracts, technical support, or undelivered merchandise, which will be recognized as revenue within the next twelve months. This metric serves as a key indicator of future service-based revenue streams and customer commitment to the company's ecosystem.

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