Chewy (CHWY) Gross Margin (2018 - 2026)
Chewy (CHWY) recorded Gross Margin of 30.36% in fiscal Q2 2027 (quarter ended Aug 2, 2026), up 0.01 percentage points from 30.35% a year earlier and up 0.24 percentage points from the prior quarter.
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Analysis
Chewy (CHWY) Gross Margin (2018 - 2026) Analysis & Trends
On a TTM basis, Chewy's Gross Margin came in at 29.92% as of Aug 2, 2026, up 0.47 percentage points year-over-year; for FY2026 (ended Feb 1, 2026), it was 29.79%, up 0.55 percentage points from FY2025.
- Annual Gross Margin has increased for eight straight fiscal years, with a five-year change of +4.31 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, Gross Margin came in at 29.24% in FY2025 (+0.88 pp), 28.36% in FY2024 (+0.35 pp), 28.01% in FY2023 (+1.41 pp) and 26.60% in FY2022 (+1.12 pp).
- The fiscal Q2 2027 figure is the highest quarterly Gross Margin in data going back to fiscal Q1 2019.
- On a year-over-year basis, Gross Margin has increased for five consecutive quarters, with an average year-over-year change of +0.47 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 2.95 percentage points in fiscal Q4 2023, against a drop of 2.08 percentage points in fiscal Q4 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 30.13% (Q1 2027), 29.40% (Q4 2026) and 29.78% (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 139.25 Bn | 90.71 Bn | - | - |
| 2 | Mondelez International | 80.46 Bn | 73.72 Bn | 3.99 Bn | 42.61% |
| 3 | Hershey | 33.06 Bn | 29.30 Bn | 1.26 Bn | 45.32% |
| 4 | Kraft Heinz | 26.98 Bn | 13.39 Bn | 2.03 Bn | 32.39% |
| 5 | General Mills | 17.20 Bn | 14.85 Bn | 1.49 Bn | 33.88% |
| 6 | J M Smucker | 12.96 Bn | 12.75 Bn | 979.60 Mn | 44.14% |
| 7 | Mccormick | 12.08 Bn | 11.14 Bn | 794.90 Mn | 39.26% |
| 8 | Hormel Foods | 10.88 Bn | 7.55 Bn | 471.52 Mn | 15.92% |
| 9 | Chewy | 8.23 Bn | 5.52 Bn | 1.01 Bn | 30.36% |
| 10 | Lamb Weston Holdings | 7.31 Bn | 6.93 Bn | 266.50 Mn | 15.96% |
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();