Operating
Change in Income Taxes
Best Buy Change in Income Taxes increased by 124.1% to $42M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 500.0%, from $7M to $42M.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2027Jun 5, 2026
How to read this metric
An increase in liabilities represents a source of cash, while a decrease represents a cash outflow for tax settlements.
Detailed definition
Captures the net movement in income tax liabilities or receivables resulting from timing differences between tax reporti...
Peer comparison
Highly dependent on jurisdictional tax laws and the timing of quarterly estimated tax payments.
Metric ID:
change_in_income_taxesHistorical Data
16 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q1 '27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $113M | -$275M | -$10M | $63M | $8M | $46M | -$194M | -$52M | $252M | $13M | -$196M | -$36M | $0 | $7M | -$174M | $42M |
| QoQ Change | — | -343.4% | +96.4% | +730.0% | -87.3% | +475.0% | -521.7% | +73.2% | +584.6% | -94.8% | <-999% | +81.6% | +100.0% | — | <-999% | +124.1% |
| YoY Change | — | — | — | -44.2% | — | -27.0% | — | — | >999% | -71.7% | -1.0% | +30.8% | -100.0% | -46.2% | +11.2% | +500.0% |
Range-$275M – $252M
CAGR-23.2%
Avg YoY Growth+330.2%
Median YoY Growth-14.0%
Change in Income Taxes at Other Companies
Frequently Asked Questions
- What is Best Buy's change in income taxes?
- Best Buy (BBY) reported change in income taxes of $42M in Q1 2026.
- How has Best Buy's change in income taxes changed year-over-year?
- Best Buy's change in income taxes increased by 500.0% year-over-year, from $7M to $42M.
- What does change in income taxes mean?
- The net change in the company's tax-related obligations or refunds due.