Chewy (CHWY) Gross Margin (2018 - 2026)
Chewy's (CHWY) quarterly Gross Margin came in at 30.36% in Q3 2026, up 1.0% year-over-year from 30.06% in Q3 2025, and up 0.79% on a QoQ basis from 30.13% in Q2 2026.
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Analysis
Chewy (CHWY) Gross Margin (2018 - 2026) Analysis & Trends
Chewy (CHWY) has 9 years of Gross Margin data on file, last reported at 30.36% in Q3 2026.
- On a quarterly basis, Gross Margin rose 1.0% year-over-year to 30.36% in Q3 2026; TTM through Aug 2026 was 29.92%, a 47.0% increase from a year earlier, with the FY2026 full-year figure at 29.79%, up 55.0% from the prior year.
- Gross Margin for Q3 2026 stood at 30.36%, up from 30.13% in the prior quarter.
- Across five years, Gross Margin topped out at 30.36% in Q3 2026 and bottomed at 25.05% in Q1 2022.
- Historically, Gross Margin has averaged 28.8% across 5 years, with a median of 28.52% in 2025.
- The widest annual swing landed in 2022, when Gross Margin slumped 208 bps; it then surged 295 bps in 2023.
- Year by year, Gross Margin stood at 28.44% in 2022, then advanced by 0 bps to 28.47% in 2023, then rose by 3 bps to 29.33% in 2024, then gained by 2 bps to 29.78% in 2025, then climbed by 2 bps to 30.36% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 30.36% in Q3 2026, 30.13% in Q2 2026, and 29.4% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 137.23 Bn | 132.65 Bn | - | - |
| 2 | Kraft Heinz | 28.45 Bn | 25.88 Bn | 2.03 Bn | 32.39% |
| 3 | General Mills | 18.94 Bn | 18.49 Bn | 1.60 Bn | 34.79% |
| 4 | Mccormick | 13.30 Bn | 13.55 Bn | 778.20 Mn | 40.18% |
| 5 | J M Smucker | 12.94 Bn | 12.90 Bn | 979.60 Mn | 44.14% |
| 6 | Hormel Foods | 11.19 Bn | 10.34 Bn | 471.52 Mn | 15.92% |
| 7 | Chewy | 7.89 Bn | 7.28 Bn | 1.01 Bn | 30.36% |
| 8 | Conagra Brands | 7.08 Bn | 6.86 Bn | 704.10 Mn | 24.43% |
| 9 | Lamb Weston Holdings | 6.38 Bn | 6.31 Bn | 361.40 Mn | 20.42% |
| 10 | Campbell'S | 6.03 Bn | 5.63 Bn | 650.00 Mn | 27.47% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | 30.36% |
| May 3, 2026 | 30.13% |
| 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% |
API Access
Chewy Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CHWY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CHWY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CHWY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();