Growth Metrics

Chewy (CHWY) Net Margin (2018 - 2026)

Chewy's Net Margin history spans 9 years, with the latest figure at 1.2% for Q1 2026.

  • For Q1 2026, Net Margin rose 50.0% year-over-year to 1.2%; the TTM value through Feb 2026 reached 1.77%, down 154.0%, while the annual FY2026 figure was 1.77%, 154.0% down from the prior year.
  • Net Margin reached 1.2% in Q1 2026 per CHWY's latest filing, down from 1.9% 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.
  • Average Net Margin over 5 years is 1.26%, with a median of 0.82% recorded in 2023.
  • Peak YoY movement for Net Margin: surged 974bps in 2024, then tumbled -847bps in 2025.
  • A 5-year view of Net Margin shows it stood at 0.09% in 2022, then plummeted by -1511bps to 1.29% in 2023, then skyrocketed by 111bps to 0.14% in 2024, then soared by 1302bps to 1.9% in 2025, then tumbled by -37bps to 1.2% in 2026.
  • Per Business Quant, the three most recent readings for CHWY's Net Margin are 1.2% (Q1 2026), 1.9% (Q4 2025), and 2.0% (Q3 2025).