Chewy, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $12.60B | $11.86B | $11.15B | $10.12B | $8.97B | $7.15B | $4.85B | $3.53B |
| Cost of Revenue | $8.85B | $8.39B | $7.99B | $7.28B | $6.58B | $5.33B | $3.70B | $2.82B |
| Gross Profit | $3.75B | $3.47B | $3.16B | $2.83B | $2.39B | $1.82B | $1.14B | $714.8M |
| Gross Margin | 29.8% | 29.2% | 28.4% | 28.0% | 26.6% | 25.5% | 23.6% | 20.2% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $2.67B | $2.55B | $2.44B | $2.13B | $1.84B | $1.40B | $969.9M | $589.5M |
| Operating Income | $254.3M | $112.6M | $-23.6M | $56.4M | $-73.6M | $-90.5M | $-252.7M | $-267.8M |
| Operating Margin | 2.0% | 0.9% | -0.2% | 0.6% | -0.8% | -1.3% | -5.2% | -7.6% |
| Interest Expense | — | $5.5M | $3.6M | $2.6M | $2.2M | $2.2M | — | — |
| Pretax Income | $263.3M | $151.7M | $48.3M | $52.5M | $-75.2M | $-92.5M | $-252.4M | $-267.9M |
| Income Tax Expense | $40.5M | $-241.0M | $8.7M | $2.6M | $0 | $0 | $0 | $0 |
| Net Income | $222.8M | $392.7M | $39.6M | $49.9M | $-75.2M | $-92.5M | $-252.4M | $-267.9M |
| Net Margin | 1.8% | 3.3% | 0.4% | 0.5% | -0.8% | -1.3% | -5.2% | -7.6% |
| EPS (Basic) | $0.54 | $0.93 | $0.09 | $0.12 | $-0.18 | $-0.23 | $-0.63 | $-0.68 |
| EPS (Diluted) | $0.52 | $0.91 | $0.09 | $0.12 | $-0.18 | $-0.23 | $-0.63 | $-0.68 |
| Shares Outstanding (Basic) | 414.1M | 421.4M | 429.4M | 422.3M | 417.2M | 407.2M | 398.3M | 100 |
| Shares Outstanding (Diluted) | 425.8M | 431.0M | 432.0M | 427.8M | 417.2M | 407.2M | 398.3M | 100 |
| Dividends Per Share | — | — | — | — | — | — | — | — |