Chewy

CHWY Consumer Cyclical Internet Retail

Chewy’s revenue for fiscal 2026 (year ended January 2026) was $12.6 billion, up 6.24% from fiscal 2025.

Revenue
+7.28%
EPS
+33.3%
Free cash flow
−15.5%

Quarter to July 2026, against a year earlier

23.42 1.37 +6.21%
Market cap
$8.9B
P/E
33.5×
Fwd P/E
27.7×
Dividend yield
—
F-score
8/9
Altman Z
5.85
Beneish M
−2.90
Dividend safety
n/a

Chewy (CHWY) Gross margin

Alert me on Gross margin

Chewy's gross margin over the twelve months to 31 July 2026 was 29.9%, up 0.1 percentage points from fiscal 2026 (29.8%). Over the past ten years it has ranged from 16.1% (fiscal 2016) to 29.8% (fiscal 2026) — the current reading is the highest in ten years. That is below the Internet Retail industry median of 44.1% and below the Consumer Cyclical sector median of 35.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2026 29.8% 0.55
FY2025 29.2% 0.88
FY2024 28.4% 0.35
FY2023 28.0% 1.41
FY2022 26.6% 1.12
FY2021 25.5% 1.88
FY2020 23.6% 3.37
FY2019 20.2% 2.76
FY2018 17.5% 1.38
FY2016 16.1% —

Quarterly newest first

Period Gross margin Change (points)
Jul 2026 30.4% 0.23
Apr 2026 30.1% 0.73
Jan 2026 29.4% (0.38)
Oct 2025 29.8% (0.57)
30 more quarters

Against its own ten years

Low 16.1% High 29.8%
Ten-year median 26.0%
Current reading's percentile 100

Gross margin against peers

Company Gross margin
CART Maplebear Inc. compare 72.6%
ETSY Etsy, Inc. compare 71.3%
GLBE Global-e Online Ltd. compare 45.2%
PTRN Pattern Group Inc. compare 43.9%
W Wayfair Inc. compare 30.1%
CHWY Chewy 29.9%
CPNG Coupang, Inc. compare 27.4%
VIPS Vipshop Holdings Limited compare 23.4%
JD JD.com, Inc. compare 16.6%
Internet Retail industry median 44.1%
Consumer Cyclical sector median 35.1%
Market median 46.4%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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