Chewy, Inc. income statement
In fiscal 2026, Chewy, Inc. reported revenue of $12.60bn, up 6.2% on the year before, operating income of $254m (a 2.0% margin) and net income of $223m, or $0.52 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2018Jan 2018 | 2019Feb 2019 | 2020Feb 2020 | 2021Jan 2021 | 2022Jan 2022 | 2023Jan 2023 | 2024Jan 2024 | 2025Feb 2025 | 2026Feb 2026 | LTMAug 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.1 | 3.5 | 4.8 | 7.1 | 9.0 | 10.1 | 11.1 | 11.9 | 12.6 | 13.1 |
| Cost of revenue | 1.7 | 2.8 | 3.7 | 5.3 | 6.6 | 7.3 | 8.0 | 8.4 | 8.8 | 9.2 |
| Gross profit | 0.4 | 0.7 | 1.1 | 1.8 | 2.4 | 2.8 | 3.2 | 3.5 | 3.8 | 3.9 |
| Selling, general and administrative | 0.5 | 0.6 | 1.0 | 1.4 | 1.8 | 2.1 | 2.4 | 2.6 | 2.7 | 2.7 |
| Operating income | −0.3 | −0.3 | −0.3 | −0.1 | −0.1 | 0.1 | −0.0 | 0.1 | 0.3 | 0.3 |
| Interest expense | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Income before tax | −0.3 | −0.3 | −0.3 | −0.1 | −0.1 | 0.1 | 0.0 | 0.2 | 0.3 | 0.4 |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −0.2 | 0.0 | 0.1 |
| Net income | −0.3 | −0.3 | −0.3 | −0.1 | −0.1 | 0.0 | 0.0 | 0.4 | 0.2 | 0.3 |
| Diluted EPS | −$2.67 | −$0.68 | −$0.63 | −$0.23 | −$0.18 | $0.12 | $0.09 | $0.91 | $0.52 | $0.65 |
| Diluted shares (average) | 262m | 393m | 398m | 407m | 417m | 428m | 432m | 431m | 426m | 420m |
| EBITDA | −0.3 | −0.2 | −0.2 | −0.1 | −0.0 | 0.1 | 0.1 | 0.2 | 0.4 | 0.4 |
| Quarter | 2025 Q3Oct 2024 | 2025 Q4Feb 2025 | 2026 Q1May 2025 | 2026 Q2Aug 2025 | 2026 Q3Nov 2025 | 2026 Q4Feb 2026 | 2027 Q1May 2026 | 2027 Q2Aug 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,878 | 3,247 | 3,116 | 3,104 | 3,117 | 3,265 | 3,357 | 3,330 |
| Cost of revenue | 2,034 | 2,321 | 2,192 | 2,162 | 2,188 | 2,305 | 2,346 | 2,319 |
| Gross profit | 844 | 926 | 924 | 942 | 928 | 960 | 1,011 | 1,011 |
| Selling, general and administrative | 627 | 701 | 653 | 672 | 665 | 685 | 677 | 704 |
| Operating income | 26 | −10 | 77 | 70 | 65 | 43 | 129 | 92 |
| Interest expense | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 |
| Income before tax | 30 | −3 | 78 | 74 | 69 | 42 | 131 | 112 |
| Income tax | 26 | −26 | 16 | 12 | 10 | 3 | 37 | 31 |
| Net income | 4 | 23 | 62 | 62 | 59 | 39 | 95 | 81 |
| Diluted EPS | $0.01 | $0.06 | $0.15 | $0.14 | $0.14 | $0.09 | $0.23 | $0.20 |
| EBITDA | 44 | 20 | 107 | 91 | 87 | 77 | 166 | 117 |
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