Chewy (CHWY) Gross Margin (2018 - 2026)
Chewy posted quarterly Gross Margin of 29.4% for Q1 2026, up 88.0% year-on-year from 15.64% in Q1 2025, and down 1.3% on a QoQ basis from 29.78% in Q4 2025.
Chewy (CHWY) has 9 years of Gross Margin data on file, last reported at 29.4% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 88.0% year-over-year to 29.4%; the trailing twelve-month figure through Feb 2026 stood at 29.79% (up 55.0% YoY), and the FY2026 full-year result was 29.79%, up 55.0% from the prior year.
- Gross Margin for Q1 2026 stood at 29.4%, down from 29.78% in the prior quarter.
- Across five years, Gross Margin topped out at 30.35% in Q3 2025 and bottomed at 25.05% in Q1 2022.
- The 5-year median for Gross Margin is 28.47% (2023), against an average of 28.63%.
- The widest annual swing landed in 2022, when Gross Margin tumbled 208 bps; it then jumped 295 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 28.44% in 2022, then increased by 0 bps to 28.47% in 2023, then climbed by 3 bps to 29.33% in 2024, then grew by 2 bps to 29.78% in 2025, then retreated by 1 bps to 29.4% in 2026.
- The last three Gross Margin figures came in at 29.4% (Q1 2026), 29.78% (Q4 2025), and 30.35% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,861.08 Bn | 2,717.99 Bn | 171.21 Bn | 94.32% |
| 2 | Alibaba Group Holding | 348.49 Bn | 315.38 Bn | 12.18 Bn | 34.51% |
| 3 | Mercadolibre | 84.38 Bn | 78.73 Bn | 3.86 Bn | 43.66% |
| 4 | DoorDash | 69.78 Bn | 64.91 Bn | 2.04 Bn | 50.64% |
| 5 | Ebay | 51.86 Bn | 48.00 Bn | 2.29 Bn | 74.04% |
| 6 | Coupang | 29.42 Bn | 29.33 Bn | 2.30 Bn | 27.01% |
| 7 | Maplebear | 9.86 Bn | 9.17 Bn | 738.00 Mn | 72.42% |
| 8 | Wayfair | 8.79 Bn | 7.72 Bn | 880.00 Mn | 30.02% |
| 9 | Chewy | 8.58 Bn | 7.71 Bn | 959.70 Mn | 29.40% |
| 10 | Etsy | 6.00 Bn | 4.58 Bn | 455.60 Mn | 72.17% |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 1, 2026 | 29.40% |
| Nov 2, 2025 | 29.78% |
| Aug 3, 2025 | 30.35% |
| May 4, 2025 | 29.65% |
| Feb 2, 2025 | 28.52% |
| Oct 27, 2024 | 29.33% |
| Jul 28, 2024 | 29.52% |
| Apr 28, 2024 | 29.68% |
| Jan 28, 2024 | 28.24% |
| Oct 29, 2023 | 28.47% |
| Jul 30, 2023 | 28.32% |
| Apr 30, 2023 | 28.41% |
| Jan 29, 2023 | 28.00% |
| Oct 30, 2022 | 28.44% |
| Jul 31, 2022 | 28.09% |
| May 1, 2022 | 27.50% |
| Jan 30, 2022 | 25.05% |
| Oct 31, 2021 | 26.44% |
| Aug 1, 2021 | 27.54% |
| May 2, 2021 | 27.62% |
| Jan 31, 2021 | 27.13% |
| Nov 1, 2020 | 25.51% |
| Aug 2, 2020 | 25.49% |
| May 3, 2020 | 23.36% |
| Feb 2, 2020 | 24.08% |
| Nov 3, 2019 | 23.73% |
| Aug 4, 2019 | 23.60% |
| May 5, 2019 | 22.90% |
| Feb 3, 2019 | 20.85% |
| Oct 28, 2018 | 19.65% |
| Jul 29, 2018 | 20.59% |
| Apr 29, 2018 | 19.65% |