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
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%