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Chewy CHWY Operating Lease Liabilities

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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$9.59B-33.1%
Enterprise value$9.63B-32.5%
P/E37.6×+0.6×
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:OperatingLeaseLiabilityNoncurrent.

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
AssetsAs of / May 3,2026 / (Unaudited)As of / February 1,2026
Trade accounts payable$1,311.1$1,221.4
Accrued expenses and other current liabilities1,033.41,080.2
Total current liabilities2,344.52,301.6
Operating lease liabilities484.1518.7
Other long-term liabilities50.948.2
Total liabilities2,879.52,868.5
Commitments and contingencies (Note 7)
Stockholders’ equity:

Item 1. Financial Statements (Unaudited)

FAQ

What is Chewy's operating lease liabilities?
Chewy (CHWY) reported operating lease liabilities of $484.1M in Q1 2026.
How has Chewy's operating lease liabilities changed year-over-year?
Chewy's operating lease liabilities decreased by 3.2% year-over-year, from $500.2M to $484.1M.
What is the long-term trend for Chewy's operating lease liabilities?
Over 5 years (2020 to 2025), Chewy's operating lease liabilities has grown at a 9.6% compound annual growth rate (CAGR), from $328.23M to $518.7M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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