Petmed Express (PETS) Operating Margin (2010 - 2026)
Petmed Express (PETS) posted quarterly Operating Margin of 25.75% for Q4 2025, down 2488.0% year-over-year from 1.08% in Q4 2024, and down 36.31% quarter-over-quarter from 18.89% in Q3 2025.
Petmed Express (PETS) Operating Margin (2010 - 2026) Analysis & Trends
Petmed Express' Operating Margin history runs 16 years deep, the most recent figure standing at 25.75% for Q4 2025.
- In Q4 2025, Operating Margin fell 2488.0% year-over-year to 25.75%; the TTM figure through Dec 2025 stood at 31.56% (down 3183.0% YoY), while the FY2025 annual figure was 0.67%, up 230.0% from the prior year.
- Operating Margin for Q4 2025 stood at 25.75%, down from 18.89% in the prior quarter.
- The five-year high for Operating Margin was 12.05% in Q3 2021, with the low at 66.69% in Q2 2025.
- The 5-year median for Operating Margin is 0.3% (2024), against an average of 3.49%.
- The sharpest annual moves came in 2024 and 2025: Operating Margin soared 943 bps in 2024, then plunged 7331 bps in 2025.
- Petmed Express' Operating Margin stood at 8.5% in 2021, then slumped by 116 bps to 1.34% in 2022, then sank by 259 bps to 4.83% in 2023, then soared by 82 bps to 0.87% in 2024, then tumbled by 2873 bps to 25.75% in 2025.
- Business Quant data shows PETS's Operating Margin at 25.75% in Q4 2025, 18.89% in Q3 2025, and 66.69% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | High Tide | 215.72 Mn | 182.44 Mn | 35.30 Mn | 3.40% |
| 2 | BioScience Health Innovations | 46.85 Mn | 46.14 Mn | 659,483.00 | -21.02% |
| 3 | Petmed Express | 38.27 Mn | 25.17 Mn | 11.33 Mn | -15.19% |
| 4 | Scienture Holdings | 18.71 Mn | 18.71 Mn | 335,779.00 | -785.63% |
| 5 | Polomar Health Services | 8.48 Mn | 8.31 Mn | 935,916.00 | 14.29% |
| 6 | Ridgetech | 58,250.67 | -17.85 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -15.19% |
| Mar 31, 2026 | -13.29% |
| Dec 31, 2025 | -25.75% |
| Sep 30, 2025 | -18.89% |
| Jun 30, 2025 | -66.69% |
| Mar 31, 2025 | -11.86% |
| Dec 31, 2024 | -0.87% |
| Sep 30, 2024 | 0.95% |
| Jun 30, 2024 | 6.62% |
| Mar 31, 2024 | -5.90% |
| Dec 31, 2023 | -4.83% |
| Sep 30, 2023 | 1.26% |
| Jun 30, 2023 | -2.80% |
| Mar 31, 2023 | -0.35% |
| Dec 31, 2022 | -1.34% |
| Sep 30, 2022 | 5.89% |
| Jun 30, 2022 | 4.91% |
| Mar 31, 2022 | 10.72% |
| Dec 31, 2021 | 8.50% |
| Sep 30, 2021 | 12.05% |