SuperworthChewy profit margin CHWY
Gross, operating and net profit as a share of revenue over the last twelve months, from 2019.
- Net margin, 12 months
- 2.1%
- Operating margin, 12 months
- 2.5%
- Net margin on a year earlier
- +0.9 pts
- Peer median
- 5.8%
Over the twelve months to Aug 2, 2026, Chewy kept 2.1% of its revenue as net profit, with an operating margin of 2.5% and a gross margin of 29.9%.
Five years earlier its net margin was 0.1%.
The median for 10 specialty retail stocks of a similar size is 5.8%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 1.8% | 2.0% | 29.8% |
| FY2024 | 3.3% | 0.9% | 29.2% |
| FY2023 | 0.4% | −0.2% | 28.4% |
| FY2022 | 0.5% | 0.6% | 28.0% |
| FY2021 | −0.8% | −0.8% | 26.7% |
| FY2020 | −1.3% | −1.3% | 25.5% |
| FY2019 | −5.2% | −5.2% | 23.6% |
| FY2018 | −7.6% | −7.6% | 20.2% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 2.1% | +0.9 pts | 2.5% | |
| Q1 FY26 | 2.0% | −1.2 pts | 2.4% | |
| Q4 FY25 | 1.8% | −1.5 pts | 2.0% | |
| Q3 FY25 | 1.6% | −1.9 pts | 1.6% | |
| Q2 FY25 | 1.2% | −2.0 pts | 1.3% | |
| Q1 FY25 | 3.2% | +2.5 pts | 1.0% | |
| Q4 FY24 | 3.3% | +3.0 pts | 0.9% | |
| Q3 FY24 | 3.5% | +3.4 pts | 0.9% | |
| Q2 FY24 | 3.2% | +2.7 pts | 0.6% | |
| Q1 FY24 | 0.7% | +0.2 pts | 0.1% | |
| Q4 FY23 | 0.4% | −0.1 pts | −0.2% | |
| Q3 FY23 | 0.1% | +0.3 pts | 0.1% |
Against its peers
Companies in Specialty Retail nearest Chewy's size, closest first, today.
| Company | Profit margin |
|---|---|
| CHWYChewy | 2.1% |
| FCFSFirstCash | 9.4% |
| GMEGameStop | 25.2% |
| DKSDick's Sporting Goods | 4.0% |
| NSITInsight Enterprises | 2.5% |
| SIGSignet Jewelers | 5.2% |
| TSCOTractor Supply | 6.4% |
| BBWIBath & Body Works | 10.8% |
| ASOAcademy Sports & Outdoors | 6.4% |
| BBYBest Buy | 3.0% |
| CPNGCoupang | −2.2% |
| Peer median | 5.8% |
Where Chewy ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Chewy
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.