Discontinued — last reported Q1 '26
Services — Revenue
Best Buy Services — Revenue decreased by 16.5% to $616M in Q1 2025 compared to the prior quarter. Year-over-year, this metric declined by 0.2%, from $617M to $616M. Over 3 years (FY 2022 to FY 2025), Services — Revenue shows an upward trend with a 3.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests successful cross-selling of value-added services to hardware customers, while a decrease may indicate lower service attachment rates or reduced customer engagement.
Detailed definition
This metric represents the total revenue generated from the company's services segment, which includes offerings such as...
Peer comparison
Comparable to 'Services and Support' or 'After-sales Revenue' metrics reported by other large-scale consumer electronics and retail companies.
bby_segment_services_revenuesHistorical Data
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $591M | $610M | $595M | $585M | $543M | $553M | $576M | $660M | $573M | $588M | $608M | $761M | $617M | $628M | $648M | $738M | $616M |
| QoQ Change | — | +3.2% | -2.5% | -1.7% | -7.2% | +1.8% | +4.2% | +14.6% | -13.2% | +2.6% | +3.4% | +25.2% | -18.9% | +1.8% | +3.2% | +13.9% | -16.5% |
| YoY Change | — | — | — | — | -8.1% | -9.3% | -3.2% | +12.8% | +5.5% | +6.3% | +5.6% | +15.3% | +7.7% | +6.8% | +6.6% | -3.0% | -0.2% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Best Buy's services — revenue?
- Best Buy (BBY) reported services — revenue of $616M in Q1 2025.
- How has Best Buy's services — revenue changed year-over-year?
- Best Buy's services — revenue decreased by 0.2% year-over-year, from $617M to $616M.
- What is the long-term trend for Best Buy's services — revenue?
- Over 3 years (2022 to 2025), Best Buy's services — revenue has grown at a 3.4% compound annual growth rate (CAGR), from $2.38B to $2.63B.
- What does services — revenue mean?
- Total revenue generated from service-based offerings like repairs, support, and protection plans.