Chewy (CHWY) Operating Expenses (2018 - 2026)

Chewy (CHWY) reported Operating Expenses of $882.9 million for 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 has disclosed Operating Expenses across 9 years of filings, most recently posting $882.9 million for Q2 2026.

  • On a quarterly basis, Operating Expenses rose 4.25% year-over-year to $882.9 million in Q2 2026; TTM through May 2026 was $3.5 billion, a 3.6% increase from a year earlier, with the FY2026 full-year figure at $3.5 billion, up 4.31% from the prior year.
  • Operating Expenses for Q2 2026 stood at $882.9 million, down from $917.2 million in the prior quarter.
  • The five-year high for Operating Expenses was $935.7 million in Q1 2025, with the low at $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.
  • The sharpest annual moves came in 2022 and 2026: Operating Expenses advanced 28.05% in 2022, then retreated 1.98% in 2026.
  • Year by year, Operating Expenses stood at $720.6 million in 2022, then rose by 9.85% to $791.6 million in 2023, then advanced by 3.38% to $818.3 million in 2024, then advanced by 5.46% to $863.0 million in 2025, then rose by 2.31% to $882.9 million in 2026.
  • Business Quant data shows CHWY's Operating Expenses at $882.9 million in Q2 2026, $917.2 million in Q1 2026, and $863.0 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn 157.67 Bn
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn 3.25 Bn
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn 3.89 Bn
4 PDD Holdings 62.92 Bn 38.25 Bn 12.81 Bn -5.87 Bn
5 Ebay 48.30 Bn 44.44 Bn 2.29 Bn 1.68 Bn
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn 8.75 Bn
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn -23.28 Mn
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn 891.00 Mn
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn 556.00 Mn
10 Chewy 7.37 Bn 6.85 Bn 1.01 Bn 882.90 Mn

Historic Data

Download Data
DateValue
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