Chewy, Inc. (CHWY) Gross Margin (2018 - 2026)

Chewy (CHWY) has reported Gross Margin for 9 consecutive years, with 30.13% the latest figure, recorded in Q2 2026.

• Gross Margin for Q2 2026 came in at 30.13%, up 48.0% year-over-year; the trailing twelve-month figure through May 2026 was 29.91% (up 68.0% YoY), and the FY2026 annual result was 29.79%, up 55.0% from the prior year.
• Gross Margin was 30.13% for Q2 2026 at Chewy, up from 29.4% in the prior quarter.
• Over five years, Gross Margin peaked at 30.35% in Q3 2025 and troughed at 25.05% in Q1 2022.
• Average Gross Margin over 5 years is 28.71%, with a median of 28.49% recorded in 2023.
• Year-over-year, Gross Margin tumbled 208 bps in 2022 and soared 295 bps in 2023.
• Over 5 years, Gross Margin stood at 28.44% in 2022, then gained by 0 bps to 28.47% in 2023, then increased by 3 bps to 29.33% in 2024, then rose by 2 bps to 29.78% in 2025, then climbed by 1 bps to 30.13% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 30.13% in Q2 2026, 29.4% in Q1 2026, and 29.78% in Q4 2025.