Chewy CHWY
NYSE CHWY
$23.73 -0.07 (-0.32%)
As of: Sep 1, 2026 · 3:59 PM EDT

Chewy (CHWY) Net Margin (2018 - 2026)

Chewy's (CHWY) quarterly Net Margin came in at 2.82% in 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.

Analysis

Chewy (CHWY) Net Margin (2018 - 2026) Analysis & Trends

Chewy (CHWY) has 9 years of Net Margin data on file, last reported at 2.82% in Q2 2026.

  • Quarterly Net Margin rose 82.0% year-over-year to 2.82% in Q2 2026, while the trailing twelve-month figure through May 2026 was 1.99% (down 122.0% YoY) and the FY2026 annual result came in at 1.77%, down 154.0% from the prior year.
  • Net Margin grew to 2.82% in Q2 2026, from 1.2% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 10.46% in Q3 2024 to a low of 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.
  • Annual changes were most pronounced in 2024 — Net Margin jumped 974 bps — and 2025, when it plunged 847 bps.
  • Tracing CHWY's Net Margin over 5 years: stood at 0.09% in 2022, then plunged by 1511 bps to 1.29% in 2023, then surged by 111 bps to 0.14% in 2024, then jumped by 1302 bps to 1.9% in 2025, then jumped by 49 bps to 2.82% in 2026.
  • The last three Net Margin figures came in at 2.82% (Q2 2026), 1.2% (Q1 2026), and 1.9% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Amazon Com 2,742.86 Bn 2,619.88 Bn 198.88 Bn 24.31%
2 PDD Holdings 116.24 Bn -48,010.17 Bn 9.45 Bn 24.19%
3 Mercadolibre 99.45 Bn 84.25 Bn 4.16 Bn 4.58%
4 DoorDash 98.02 Bn 92.67 Bn 2.35 Bn 4.47%
5 Sea 67.10 Bn 58.70 Bn 3.55 Bn 11.53%
6 Ebay 46.73 Bn 43.42 Bn 2.30 Bn 17.55%
7 JD.com 39.68 Bn 7.13 Bn 16.50 Bn 1.85%
8 Coupang 28.45 Bn 22.34 Bn 2.49 Bn -6.44%
9 Wayfair 12.37 Bn 11.23 Bn 1.05 Bn -0.03%
10 Chewy 9.81 Bn 9.29 Bn 1.01 Bn 2.82%
Historic Data

Historic Data

Download Data
DateValue
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%