Growth Metrics

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.

Historic Data

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DateValue
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%