Saturday 17 October 2026
Export PETS’s income statement to Excel — free account
PetMed Express, Inc.
PETS Healthcare Pharmaceutical Retailers
PetMed Express, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $179.0 million, down 21.1% from fiscal 2025. In the quarter to June 2026, revenue fell 19.9%, EPS grew 83.0% and free cash flow grew 38.6%, each against the same quarter a year earlier. Dividend growth for ten consecutive years; insiders bought in the last twelve months.
1.20
0.02
−1.64%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to March
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend | 2027e | 2028e | 2029e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 19.21 | 21.85 | 15.00 | 21.20 | 24.75 | 17.08 | 5.50 | 2.90 | 1.57 | 1.15 |
Analyst estimates 2027–2029 Powerpack |
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| High | 50.90 | 57.80 | 27.80 | 42.89 | 57.00 | 29.53 | 22.64 | 7.79 | 5.58 | 3.70 | |||||
| People | |||||||||||||||
| People | Employees | 187 | 187 | 199 | 214 | 219 | 212 | 302 | 287 | 173 | 189 | ||||
| Revenue/emp, $m | 1.33 | 1.46 | 1.42 | 1.33 | 1.39 | 1.28 | 0.82 | 0.96 | 1.31 | 0.95 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 249 | 274 | 283 | 284 | 304 | 272 | 248 | 274 | 227 | 179 | ||||
| Gross margin, % | 31.83 | 35.72 | 33.63 | 28.60 | 27.77 | 28.26 | 30.90 | 30.93 | 30.46 | 28.05 | |||||
| EBT | 38 | 54 | 49 | 34 | 31 | 24 | 7 | (6) | (1) | (57) | |||||
| EBT margin, % | 15.22 | 19.65 | 17.33 | 11.93 | 10.19 | 8.88 | 3.01 | (2.29) | (0.26) | (32.04) | |||||
| Net income | 24 | 37 | 38 | 26 | 24 | 19 | 5 | (7) | (6) | (57) | |||||
| Depreciation | 1 | 2 | 2 | 2 | 2 | 3 | 4 | 7 | 8 | 37 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 12.32 | 13.46 | 13.85 | 14.18 | 15.13 | 13.50 | 12.21 | 13.44 | 11.02 | 8.56 | ||||
| Earnings | 1.18 | 1.83 | 1.84 | 1.29 | 1.19 | 1.05 | 0.25 | (0.37) | (0.30) | (2.74) | |||||
| Cash flow | 2.33 | 1.84 | 2.21 | 1.94 | 2.00 | 0.92 | 1.37 | 0.21 | 0.23 | (1.36) | |||||
| Capex | (0.52) | (0.03) | (0.03) | (0.12) | (0.12) | (0.09) | (0.26) | (0.22) | (0.25) | (0.22) | |||||
| Free cash flow | 1.81 | 1.80 | 2.18 | 1.82 | 1.88 | 0.83 | 1.11 | (0.01) | (0.02) | (1.58) | |||||
| Book value | 4.61 | 5.69 | 6.58 | 6.49 | 7.04 | 6.12 | 5.42 | 4.74 | 4.13 | 1.38 | |||||
| Shares, m | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 21 | 21 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 17.07 | 22.40 | 12.50 | 22.48 | 29.42 | 27.98 | 65.38 | 0.00 | 0.00 | 0.00 | ||||
| P/S | 1.64 | 3.06 | 1.67 | 2.03 | 2.32 | 1.91 | 1.33 | 0.35 | 0.38 | 0.27 | |||||
| P/B | 4.36 | 7.25 | 3.51 | 4.44 | 4.99 | 4.22 | 2.99 | 0.99 | 1.01 | 1.65 | |||||
| EV/Sales | 1.40 | 2.78 | 1.31 | 1.66 | 1.93 | 1.50 | 0.91 | 0.15 | 0.14 | 0.15 | |||||
| EV/FCF | 9.53 | 20.74 | 8.37 | 12.95 | 15.59 | 24.45 | 9.99 | (207.00) | (79.94) | (0.80) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | 47 | 37 | 45 | 39 | 40 | 18 | 28 | 4 | 5 | (28) | ||||
| Capex | (11) | (1) | (1) | (2) | (2) | (2) | (5) | (5) | (5) | (5) | |||||
| Free cash flow | 37 | 37 | 45 | 37 | 38 | 17 | 23 | 0 | 0 | (33) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 63 | 87 | 108 | 105 | 116 | 95 | 73 | 21 | 16 | (8) | ||||
| Total debt | — | — | — | — | — | — | — | — | — | — | |||||
| Net debt | (59) | (78) | (101) | (104) | (119) | (111) | (104) | (55) | (55) | (21) | |||||
| Shareholders’ equity | 93 | 116 | 135 | 130 | 141 | 123 | 110 | 97 | 85 | 29 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | 23.46 | 30.11 | 26.09 | 16.69 | 13.95 | 10.19 | 2.96 | (4.42) | (3.94) | (49.84) | ||||
| ROIC | 67.64 | 86.22 | 84.50 | 73.76 | 84.57 | 122.73 | 64.32 | (12.31) | (3.14) | (487.12) | |||||
| ROE | 26.98 | 35.66 | 30.14 | 19.53 | 17.63 | 14.14 | 4.40 | (7.22) | (6.90) | (100.45) | |||||
Negative figures in brackets.
Fiscal years to Mar 2026 · latest quarter Jun 2026
Charts ten years each
PetMed Express, Inc. vs peers in Pharmaceutical Retailers (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| HITI High Tide Inc. | $228.2M | — (loss-making) | 92.0× | +30.72% (above 0%: growing) | +800.00% (above 0%: growing) | −7.91% (below 0%: shrinking) | 26.53% | 4.38% | Compare |
| PETS PetMed Express, Inc. | $26.4M | — (loss-making) | 24.0× | −19.86% (below 0%: shrinking) | n/m | +38.60% (above 0%: growing) | 27.63% | (15.19%) | |
| MEDS DataMeds AI, Inc | $12.8M | — (loss-making) | — | −77.15% (below 0%: shrinking) | n/m | −41.85% (below 0%: shrinking) | 10.24% | (412.67%) | Compare |
| SCNX Scienture Holdings, Inc. | $5.6M | — (loss-making) | — (loss-making) | +3,235.92% (above 0%: growing) | n/m | −53.98% (below 0%: shrinking) | 97.73% | (785.71%) | Compare |
| POM Pomdoctor Limited - Sponsored ADR | $5.0M | — | — | — | — | — | — | — | Compare |
| RDGT Ridgetech Inc. | $3.0M | — (loss-making) | — (loss-making) | +113.14% (above 0%: growing) | n/m | +4,848.31% (above 0%: growing) | 22.81% | 0.00% | Compare |
| MDVLQ MedAvail Holdings, Inc. | $2.9M | — (loss-making) | — (loss-making) | −25.41% (below 0%: shrinking) | n/m | +66.32% (above 0%: growing) | 43.95% | (1,099.75%) | Compare |
| BIMI BIMI Holdings Inc. | $170.0K | — (loss-making) | — | −48.85% (below 0%: shrinking) | n/m | +28.06% (above 0%: growing) | 4.57% | (124.83%) | Compare |
| Median of peers | $5.0M | — | — | +2.65% | — | +10.08% | 24.67% | (268.75%) |
PetMed Express, Inc. (PETS) key facts
- Concern: PetMed Express, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $179.0 million, down 21.1% from fiscal 2025.
- PetMed Express, Inc. (PETS) is a Pharmaceutical Retailers company in the Healthcare sector, listed on Nasdaq.
- As of October 16, 2026, PETS traded at $1.20, a market capitalization of $26.4 million.
- Return on equity was −100.5% and debt-to-equity 0.00.
- Its Piotroski F-score is 3 out of 9 and its Altman Z-score is 0.40 (distress zone) for fiscal 2026.