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Chewy (CHWY) Operating Expenses: 2018-2025

Historic Operating Expenses for Chewy (CHWY) over the last 8 years, with Q4 2025 value amounting to $863.0 million.

  • Chewy's Operating Expenses rose 546.25% to $863.0 million in Q4 2025 from the same period last year, while for Nov 2025 it was $3.5 billion, marking a year-over-year increase of 860.18%. This contributed to the annual value of $3.4 billion for FY2025, which is 533.65% up from last year.
  • As of Q4 2025, Chewy's Operating Expenses stood at $863.0 million, which was up 546.25% from $872.5 million recorded in Q3 2025.
  • In the past 5 years, Chewy's Operating Expenses ranged from a high of $935.7 million in Q1 2025 and a low of $532.6 million during Q1 2021
  • Over the past 5 years, Chewy's median Operating Expenses value was $778.8 million (recorded in 2023), while the average stood at $744.6 million.
  • As far as peak fluctuations go, Chewy's Operating Expenses skyrocketed by 3770.66% in 2021, and later soared by 78.47% in 2024.
  • Quarter analysis of 5 years shows Chewy's Operating Expenses stood at $616.8 million in 2021, then grew by 16.84% to $720.6 million in 2022, then increased by 9.85% to $791.6 million in 2023, then grew by 3.38% to $818.3 million in 2024, then rose by 5.46% to $863.0 million in 2025.
  • Its Operating Expenses was $863.0 million in Q4 2025, compared to $872.5 million in Q3 2025 and $846.9 million in Q2 2025.