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Chewy CHWY Q2 2026 earnings

Reported September 9, 2026 · Before market open

Revenue$3.3BBeat by $13.4M
Adjusted EPS$0.36Beat by $0.18
Revenue estimate$3.3B
EPS estimate$0.18
“Chewy delivered a strong second quarter, with growth of 7.3% to $3.33 billion of net sales at the high end of our guidance, and a 6.8% Adj. EBITDA margin, exceeding our expectations. The durability of our recurring revenue base, continued customer growth, and disciplined execution give us confidence to raise our full-year revenue and profitability outlook, while continuing to invest in compelling opportunities that deepen customer engagement and create long-term shareholder value.”
Sumit Singh

Next report

Dec 9, 2026 (in 2 months)
Revenue estimate$3.3B
EPS estimate$0.38

Financials

Q2 2026

Income statement

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Revenue$3.3B+7.3%
Gross profit$1.0B+7.3%
Operating income$92.0M+32.0%
Net income$80.5M+29.8%
EPS (diluted)$0.20+42.9%

Balance sheet

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Cash & equivalents$611.0M+3.2%
Total debt$1.2B+119%
Total equity$370.5M-5.0%
Total assets$3.7B+19.9%

Cash flow

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Operating cash flow$137.4M+2.6%
CapEx$47.9M+71.1%
Free cash flow$89.5M-15.5%

Valuation & ratios

Valuation

as of 10/09/26
See full
Market cap$7.6B-53.2%
Enterprise value$8.15B-49.6%
P/E27.8×-79.6×
P/S0.6×-0.7×

Profitability

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Gross margin29.9%+0.5pp
Operating margin2.5%+1.1pp
Net margin2.1%+0.9pp
FCF margin4.3%+0.6pp

Returns & leverage

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Return on equity72%+37.5pp
Debt / equity3.1×+1.8×
Current ratio0.8×0.0×

Segments

By segment

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Reportable Segment$3.3B+7.3%

FAQ

When did Chewy report Q2 2026 earnings?
Chewy (CHWY) reported Q2 2026 earnings on September 9, 2026 before market open.
What were Chewy's Q2 2026 revenue and EPS?
Chewy reported revenue of $3.3B and adjusted eps of $0.36 for Q2 2026.
Did Chewy beat estimates in Q2 2026?
Revenue beat the consensus estimate of $3.3B by $13.4M. EPS beat the consensus estimate of $0.18 by $0.18.
How did Chewy's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 7.3% from $3.1B a year earlier.
Where can I find Chewy's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001628280-26-061011) and the 10-Q periodic report (0001628280-26-061018) directly on SEC EDGAR. The filing index links above go to sec.gov.