Chewy (CHWY) Net Margin (2018 - 2026)
Chewy (CHWY) reported Net Margin of 2.82% for Q2 2026, up 82.0% YoY from 1.55% in Q2 2025, and up 135.17% on a QoQ basis from 1.2% in Q1 2026.
Chewy (CHWY) Net Margin (2018 - 2026) Analysis & Trends
Chewy has disclosed Net Margin across 9 years of filings, most recently posting 2.82% for Q2 2026.
- On a quarterly basis, Net Margin rose 82.0% year-over-year to 2.82% in Q2 2026; TTM through May 2026 was 1.99%, a 122.0% decrease from a year earlier, with the FY2026 full-year figure at 1.77%, down 154.0% from the prior year.
- Net Margin for Q2 2026 stood at 2.82%, up from 1.2% in the prior quarter.
- The five-year high for Net Margin was 10.46% in Q3 2024, with the low at 2.64% in Q1 2022.
- A 5-year average of 1.35% and a median of 0.87% in 2022 frame the typical range for Net Margin.
- The sharpest annual moves came in 2024 and 2025: Net Margin surged 974 bps in 2024, then tumbled 847 bps in 2025.
- Year by year, Net Margin stood at 0.09% in 2022, then slumped by 1511 bps to 1.29% in 2023, then soared by 111 bps to 0.14% in 2024, then surged by 1302 bps to 1.9% in 2025, then surged by 49 bps to 2.82% in 2026.
- Business Quant data shows CHWY's Net Margin at 2.82% in Q2 2026, 1.2% in Q1 2026, and 1.9% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 16.68% |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 4.71% |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | 4.53% |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | 19.81% |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | - |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | -3.13% |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | -0.43% |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | -3.58% |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | 14.13% |
| 10 | Chewy | 7.37 Bn | 6.85 Bn | 1.01 Bn | 2.82% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 3, 2026 | 2.82% |
| Feb 1, 2026 | 1.20% |
| Nov 2, 2025 | 1.90% |
| Aug 3, 2025 | 2.00% |
| May 4, 2025 | 2.00% |
| Feb 2, 2025 | 0.70% |
| Oct 27, 2024 | 0.14% |
| Jul 28, 2024 | 10.46% |
| Apr 28, 2024 | 2.32% |
| Jan 28, 2024 | 1.13% |
| Oct 29, 2023 | -1.29% |
| Jul 30, 2023 | 0.73% |
| Apr 30, 2023 | 0.82% |
| Jan 29, 2023 | 0.25% |
| Oct 30, 2022 | 0.09% |
| Jul 31, 2022 | 0.92% |
| May 1, 2022 | 0.76% |
| Jan 30, 2022 | -2.64% |
| Oct 31, 2021 | -1.46% |
| Aug 1, 2021 | -0.77% |