Chewy (CHWY) Operating Expenses (2018 - 2026)
Chewy's (CHWY) quarterly Operating Expenses came in at $882.9 million in Q2 2026, up 4.25% YoY from $846.9 million in Q2 2025, and down 3.74% on a QoQ basis from $917.2 million in Q1 2026.
Chewy (CHWY) Operating Expenses (2018 - 2026) Analysis & Trends
Chewy (CHWY) has 9 years of Operating Expenses data on file, last reported at $882.9 million in Q2 2026.
- Quarterly Operating Expenses rose 4.25% year-over-year to $882.9 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $3.5 billion (up 3.6% YoY) and the FY2026 annual result came in at $3.5 billion, up 4.31% from the prior year.
- Operating Expenses retreated to $882.9 million in Q2 2026, from $917.2 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $935.7 million in Q1 2025 to a low of $649.0 million in Q2 2022.
- A 5-year average of $799.0 million and a median of $808.5 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses gained 28.05% — and 2026, when it fell 1.98%.
- Tracing CHWY's Operating Expenses over 5 years: stood at $720.6 million in 2022, then advanced by 9.85% to $791.6 million in 2023, then grew by 3.38% to $818.3 million in 2024, then grew by 5.46% to $863.0 million in 2025, then advanced by 2.31% to $882.9 million in 2026.
- The last three Operating Expenses figures came in at $882.9 million (Q2 2026), $917.2 million (Q1 2026), and $863.0 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,931.64 Bn | 2,808.66 Bn | 198.88 Bn | 330.81 Bn |
| 2 | PDD Holdings | 506.17 Bn | 446.63 Bn | 9.83 Bn | -5.87 Bn |
| 3 | Mercadolibre | 98.29 Bn | 83.09 Bn | 4.16 Bn | 3.48 Bn |
| 4 | DoorDash | 92.11 Bn | 86.76 Bn | 2.35 Bn | 4.30 Bn |
| 5 | JD.com | 87.50 Bn | 58.32 Bn | 7.66 Bn | -1.51 Bn |
| 6 | Sea | 78.22 Bn | 69.70 Bn | 3.15 Bn | -2.55 Bn |
| 7 | Ebay | 47.18 Bn | 43.87 Bn | 2.30 Bn | 1.63 Bn |
| 8 | Coupang | 29.74 Bn | 23.63 Bn | 2.49 Bn | 9.41 Bn |
| 9 | Zkh | 16.36 Bn | 16.36 Bn | 51.11 Mn | -23.28 Mn |
| 10 | Chewy | 9.28 Bn | 8.76 Bn | 1.01 Bn | 882.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 3, 2026 | 882.90 Mn |
| Feb 1, 2026 | 917.20 Mn |
| Nov 2, 2025 | 863.00 Mn |
| Aug 3, 2025 | 872.50 Mn |
| May 4, 2025 | 846.90 Mn |
| Feb 2, 2025 | 935.70 Mn |
| Oct 27, 2024 | 818.30 Mn |
| Jul 28, 2024 | 811.70 Mn |
| Apr 28, 2024 | 789.40 Mn |
| Jan 28, 2024 | 820.02 Mn |
| Oct 29, 2023 | 791.58 Mn |
| Jul 30, 2023 | 805.38 Mn |
| Apr 30, 2023 | 768.12 Mn |
| Jan 29, 2023 | 747.32 Mn |
| Oct 30, 2022 | 720.61 Mn |
| Jul 31, 2022 | 661.14 Mn |
| May 1, 2022 | 649.00 Mn |
| Jan 30, 2022 | 681.97 Mn |
| Oct 31, 2021 | 616.77 Mn |
| Aug 1, 2021 | 609.64 Mn |