Chewy, Inc. (CHWY) Income Statement
CHWY FY2026 at a glance
Fiscal year ended January 31, 2026 · U.S. dollarsCHWY revenue and net income
Where CHWY's revenue goes
FY2026Each bar shows an amount and its share of revenue. CHWY kept 1.8% of revenue as net income.
CHWY profit margins
CHWY growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +6.2% | +7.6% | +12.0% | — |
| Gross profit | +8.3% | +9.8% | +15.6% | — |
| Operating income | +125.9% | +65.2% | — | — |
| Net income | −43.3% | +64.7% | — | — |
| EPS (diluted) | +46.0% | +119.6% | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CHWY quarterly EPS vs estimates
Chewy beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: December 9, 2026 (estimate $0.20).
CHWY income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.60B | $11.86B | $11.15B | $10.12B | $8.97B | $7.15B | $4.85B | $3.53B | $2.10B | $900.6M |
| Cost of revenue | $8.85B | $8.39B | $7.99B | $7.28B | $6.58B | $5.33B | $3.70B | $2.82B | $1.74B | $750.7M |
| Gross profit | $3.75B | $3.47B | $3.16B | $2.83B | $2.39B | $1.82B | $1.14B | $714.8M | $367.6M | $149.8M |
| Research & development | — | $37.6M | $30.2M | $22.4M | $14.2M | $7.4M | $8.6M | — | — | — |
| Sales, general & admin | $3.50B | $3.36B | $3.19B | $2.78B | $2.46B | $1.91B | $1.40B | $982.6M | $705.4M | $257.3M |
| Total operating expenses | $3.50B | $3.36B | $3.19B | $2.78B | $2.46B | $1.91B | $1.40B | $982.6M | $705.4M | $257.3M |
| Operating income | $254.3M | $112.6M | −$23.6M | $56.4M | −$73.6M | −$90.5M | −$252.7M | −$267.8M | −$337.9M | −$107.4M |
| Interest income | $19.8M | $40.6M | $62.1M | $11.9M | $523,000 | — | $356,000 | $57,000 | $350,000 | $518,000 |
| Interest expense | $4.6M | $5.5M | $3.6M | $2.6M | $2.2M | $2.0M | $356,000 | $181,000 | $556,000 | $296,000 |
| Income before taxes | $263.3M | $151.7M | $48.2M | $52.5M | −$75.2M | −$92.5M | −$252.4M | −$267.9M | −$338.1M | −$107.2M |
| Income taxes | $40.5M | −$241.0M | $8.7M | $2.6M | $1.6M | $2.0M | −$356,000 | $57,000 | — | $337,000 |
| Net income | $222.8M | $392.7M | $39.6M | $49.9M | −$75.2M | −$92.5M | −$252.4M | −$267.9M | −$338.1M | −$107.2M |
| EBITDA | $397.2M | $271.8M | $161.5M | $138.6M | −$17.7M | −$54.8M | −$222.1M | −$244.6M | −$325.3M | −$101.8M |
| EPS (diluted) | $1.27 | $0.87 | $0.68 | $0.12 | −$0.17 | −$0.23 | −$0.64 | −$0.17 | −$0.85 | — |
| Gross margin | 29.8% | 29.2% | 28.4% | 28.0% | 26.6% | 25.5% | 23.6% | 20.2% | 17.5% | 16.6% |
| Operating margin | 2.0% | 0.9% | −0.2% | 0.6% | −0.8% | −1.3% | −5.2% | −7.6% | −16.1% | −11.9% |
| Net margin | 1.8% | 3.3% | 0.4% | 0.5% | −0.8% | −1.3% | −5.2% | −7.6% | −16.1% | −11.9% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.33B | $3.26B | $3.26B | $3.12B | $3.10B | $3.12B | $3.25B | $2.88B | $2.86B | $2.88B | $2.85B | $2.75B |
| Cost of revenue | $2.36B | $2.31B | $2.31B | $2.19B | $2.16B | $2.19B | $2.32B | $2.03B | $2.01B | $2.02B | $2.04B | $1.96B |
| Gross profit | $974.1M | $959.7M | $959.7M | $928.2M | $942.2M | $923.8M | $926.0M | $843.9M | $843.8M | $854.0M | $802.5M | $781.9M |
| Research & development | — | — | — | — | $10.4M | $10.1M | $8.9M | $9.5M | $9.4M | $8.9M | $8.4M | $8.0M |
| Sales, general & admin | $875.7M | $917.2M | $917.2M | $863.0M | $872.5M | $846.9M | $935.7M | $818.2M | $811.8M | $789.4M | $822.1M | $791.6M |
| Total operating expenses | $875.7M | $917.2M | $917.2M | $863.0M | $872.5M | $846.9M | $935.7M | $818.2M | $811.8M | $789.4M | $822.1M | $791.6M |
| Operating income | $98.4M | $42.5M | $42.5M | $65.2M | $69.7M | $76.9M | −$9.7M | $25.6M | $32.1M | $64.6M | −$19.6M | −$9.7M |
| Interest income | $3.6M | $4.0M | $5.2M | $4.9M | $5.3M | $4.5M | $5.0M | $5.3M | $14.4M | $15.9M | $32.3M | $11.1M |
| Interest expense | $8.3M | $1.2M | $600,000 | $1.4M | $1.4M | $1.3M | $1.3M | $1.4M | $1.5M | $1.3M | $947,000 | $877,000 |
| Income before taxes | $111.9M | $42.1M | $42.1M | $69.3M | $74.0M | $77.9M | −$2.7M | $29.5M | $46.5M | $78.4M | $38.9M | −$33.7M |
| Income taxes | $31.4M | $2.9M | $2.9M | $10.1M | $12.0M | $15.5M | −$25.5M | $25.6M | −$252.6M | $11.5M | $4.6M | $1.7M |
| Net income | $80.5M | $94.8M | $39.2M | $59.2M | $62.0M | $62.4M | $22.8M | $3.9M | $299.1M | $66.9M | $34.3M | −$35.4M |
| EBITDA | $138.1M | $80.3M | $77.1M | $103.5M | $107.5M | $109.2M | $27.7M | $59.8M | $76.5M | $107.7M | $67.3M | −$7.3M |
| EPS (diluted) | $0.16 | $0.26 | $0.27 | $0.32 | $0.33 | $0.35 | $0.28 | $0.20 | $0.24 | $0.15 | $0.18 | $0.15 |
| Gross margin | 29.3% | 29.4% | 29.4% | 29.8% | 30.4% | 29.6% | 28.5% | 29.3% | 29.5% | 29.7% | 28.2% | 28.5% |
| Operating margin | 3.0% | 1.3% | 1.3% | 2.1% | 2.2% | 2.5% | −0.3% | 0.9% | 1.1% | 2.2% | −0.7% | −0.4% |
| Net margin | 2.4% | 2.9% | 1.2% | 1.9% | 2.0% | 2.0% | 0.7% | 0.1% | 10.5% | 2.3% | 1.2% | −1.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CHWY's financial statements (latest annual report filed March 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CHWY financial results
In fiscal year 2026 (ended January 31, 2026), Chewy reported revenue of $12.6 billion, up 6.2% from the year before. It had net income of $222.8 million (down 43.3%), a net profit margin of 1.8%. Diluted earnings per share came to $1.27. Over five years revenue grew at an average rate of 12.0% a year.
See the CHWY stock overview for the latest quote and news, or the CHWY chart for price history and technical indicators.
CHWY income statement FAQ
What is Chewy's annual revenue?
Chewy reported total revenue of $12.6 billion for fiscal year 2026, which ended on January 31, 2026. That was up 6.2% from $11.9 billion the previous year.
Is Chewy profitable?
Yes. Chewy reported net income of $222.8 million in fiscal 2026, a net profit margin of 1.8%; its operating margin was 2.0%.
What is Chewy's gross margin?
Chewy's gross margin was 29.8% in fiscal 2026: for every $100 of revenue, Chewy kept $30 after the direct cost of its products and services.
How fast is Chewy growing?
Revenue grew 12.0% a year on average over the last five fiscal years, from $7.1 billion to $12.6 billion.
What are Chewy's earnings per share?
Chewy earned $1.27 per diluted share in fiscal 2026, compared with $0.87 a year earlier.
When will Chewy report its next earnings?
Chewy is expected to report results for the quarter ending October 31, 2026 on December 9, 2026 before the market opens.
When does Chewy's fiscal year end?
Chewy's fiscal year ends in January. The latest annual report covers the year ended January 31, 2026 and was filed on March 25, 2026.