Chewy, Inc. (CHWY) Net Margin (2018 - 2026)

Chewy (CHWY) has reported Net Margin for 9 consecutive years, with 2.82% the latest figure, recorded in Q2 2026.

• Net Margin for Q2 2026 came in at 2.82%, up 82.0% year-over-year; the trailing twelve-month figure through May 2026 was 1.99% (down 122.0% YoY), and the FY2026 annual result was 1.77%, down 154.0% from the prior year.
• Net Margin was 2.82% for Q2 2026 at Chewy, up from 1.2% in the prior quarter.
• Over five years, Net Margin peaked at 10.46% in Q3 2024 and troughed at 2.64% in Q1 2022.
• Average Net Margin over 5 years is 1.35%, with a median of 0.87% recorded in 2022.
• Year-over-year, Net Margin soared 974 bps in 2024 and slumped 847 bps in 2025.
• Over 5 years, Net Margin stood at 0.09% in 2022, then tumbled 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.
• Per Business Quant data, the three most recent Net Margin figures were 2.82% in Q2 2026, 1.2% in Q1 2026, and 1.9% in Q4 2025.