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Chewy CHWY Business Segments — Income tax provision (benefit)

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Other financials

Income statement

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Revenue$3.4B+7.7%
Gross profit$1.0B+9.5%
Operating income$128.5M+67.1%
Net income$94.8M+51.9%
EPS (diluted)$0.23+53.3%

Balance sheet

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Cash & equivalents$485.2M-21.3%
Total debt$523.4M-2.2%
Total equity$424.2M+12.9%
Total assets$3.3B+8.0%

Cash flow

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Operating cash flow$108.5M+25.6%
CapEx$37.7M0.0%
Free cash flow$70.8M+45.4%

Valuation

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Market cap$7.46B-50.3%
Enterprise value$7.49B-49.8%
P/E29.2×-9.4×
P/S0.6×-0.7×

Profitability

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Gross margin29.9%+0.7pp
Operating margin2.4%+1.3pp
Net margin2%-1.2pp
FCF margin4.6%+0.8pp

Returns & leverage

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Return on equity63.8%-12.4pp
Debt / equity1.2×-0.2×
Current ratio0.8×0.0×

Where this comes from

Reported directly by Chewy in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Chewy’s 10-Q, filed June 10, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Chewy's business segments — income tax provision (benefit)?
Chewy (CHWY) reported business segments — income tax provision (benefit) of $36.5M in Q1 2026.
How has Chewy's business segments — income tax provision (benefit) changed year-over-year?
Chewy's business segments — income tax provision (benefit) increased by 135.5% year-over-year, from $15.5M to $36.5M.
What is the long-term trend for Chewy's business segments — income tax provision (benefit)?
Over 3 years (2022 to 2025), Chewy's business segments — income tax provision (benefit) has grown at a 148.3% compound annual growth rate (CAGR), from $2.65M to $40.5M.
What does business segments — income tax provision (benefit) mean?
The amount of income tax expense or benefit recognized in the financial statements for the period. It reflects the tax impact of the company's profitability and any deferred tax assets or liabilities.