Petmed Express (PETS) Operating Margin (2010 - 2025)
Petmed Express (PETS) reported Operating Margin of 25.75% for Q4 2025, down 2488.0% on a YoY basis 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 - 2025) Analysis & Trends
Petmed Express has reported Operating Margin for 16 years, with the latest figure at 25.75% in Q4 2025.
- For the quarter ending Q4 2025, Operating Margin fell 2488.0% year-over-year to 25.75%; the trailing twelve-month figure through Dec 2025 stood at 31.56% (down 3183.0% YoY), and the FY2025 full-year result 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.
- Historically, Operating Margin has averaged 3.49% across 5 years, with a median of 0.3% in 2024.
- Annual changes were most pronounced in 2024 — Operating Margin jumped 943 bps — and 2025, when it sank 7331 bps.
- 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.
- The last three Operating Margin figures came in at 25.75% (Q4 2025), 18.89% (Q3 2025), and 66.69% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | High Tide | 558.20 Mn | 531.28 Mn | 32.00 Mn | 1.33% |
| 2 | Wellgistics Health | 385.01 Mn | 384.95 Mn | 170,221.00 | -385.72% |
| 3 | Petmed Express | 35.71 Mn | 8.80 Mn | 9.46 Mn | -25.75% |
| 4 | Scienture Holdings | 14.72 Mn | 14.72 Mn | 53,850.00 | -6,230.80% |
| 5 | Ridgetech | 15.50 | -4.11 Mn | - | - |
| 6 | Scientist Home Future Health | - | - | 32,589.00 | -281.94% |
| 7 | BioScience Health Innovations | - | - | 485,596.00 | -30.62% |
| 8 | Rest Ez | - | - | - | - |
| 9 | Polomar Health Services | - | - | 550,489.00 | -0.69% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 6.88% |
| Mar 31, 2021 | 11.70% |