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Chewy CHWY Operating Income

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Other financials

Income statement

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Revenue$3.4B+7.7%
Gross profit$1.0B+9.5%
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$9.84B-31.4%
Enterprise value$9.88B-30.7%
P/E38.6×+1.6×
P/S0.8×-0.4×

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:OperatingIncomeLoss.

The source filing: Chewy’s 10-Q, filed June 10, 2026.

Filed
Jun 10, 2026, 7:30 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-042060
Line item13 Weeks Ended / May 3,202613 Weeks Ended / May 4,2025
Selling, general and administrative676.8653.1
Advertising and marketing206.1193.8
Total operating expenses882.9846.9
Income from operations128.576.9
Interest and other income, net2.81.0
Income before income tax provision131.377.9
Income tax provision (benefit)36.515.5
Net income$94.8$62.4

Item 1. Financial Statements (Unaudited)

FAQ

What is Chewy's operating income?
Chewy (CHWY) reported operating income of $128.5M in Q1 2026.
How has Chewy's operating income changed year-over-year?
Chewy's operating income increased by 67.1% year-over-year, from $76.9M to $128.5M.
What is the long-term trend for Chewy's operating income?
Over 4 years (2021 to 2025), Chewy's operating income has grown at a 36.4% compound annual growth rate (CAGR), from -$73.57M to $254.3M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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