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Current Liabilities

Operating Lease Liabilities (Current)

Best Buy Operating Lease Liabilities (Current) decreased by 1.4% to $614M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.5%, from $611M to $614M. Over 5 years (FY 2021 to FY 2026), Operating Lease Liabilities (Current) shows a downward trend with a -2.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalLower is better
VolatilityStable
First reportedQ4 2019
Last reportedQ1 2027Jun 5, 2026

How to read this metric

An increase indicates higher short-term cash outflows required for rent, which can pressure liquidity if revenue growth does not keep pace.

Detailed definition

This represents the portion of total operating lease obligations that are due to be paid within the next twelve months....

Peer comparison

Comparable across retailers with similar lease-to-own real estate strategies.

Metric ID: operating_lease_liabilities_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$654M$643M$645M$648M$636M$629M$638M$638M$625M$615M$614M$618M$613M$610M$616M$617M$611M$610M$619M$623M$614M
QoQ Change-1.7%+0.3%+0.5%-1.9%-1.1%+1.4%+0.0%-2.0%-1.6%-0.2%+0.7%-0.8%-0.5%+1.0%+0.2%-1.0%-0.2%+1.5%+0.6%-1.4%
YoY Change-2.8%-2.2%-1.1%-1.5%-1.7%-2.2%-3.8%-3.1%-1.9%-0.8%+0.3%-0.2%-0.3%+0.0%+0.5%+1.0%+0.5%
Range$610M$654M
CAGR-1.3%
Avg YoY Growth-1.1%
Median YoY Growth-1.1%

Frequently Asked Questions

What is Best Buy's operating lease liabilities (current)?
Best Buy (BBY) reported operating lease liabilities (current) of $614M in Q1 2026.
How has Best Buy's operating lease liabilities (current) changed year-over-year?
Best Buy's operating lease liabilities (current) increased by 0.5% year-over-year, from $611M to $614M.
What is the long-term trend for Best Buy's operating lease liabilities (current)?
Over 5 years (2021 to 2026), Best Buy's operating lease liabilities (current) has grown at a -2.1% compound annual growth rate (CAGR), from $693M to $623M.
What does operating lease liabilities (current) mean?
The amount of lease payments due within the next year.