NYSE : CHWY
Chewy, Inc. — Financial statements
Consumer Discretionary · Internet Retail · United States
Last price 21.29 USD (Oct 30, 2026, 4:00 PM EST) · Market cap 8.56B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Chewy, Inc. (CHWY) reported revenue of 13.07B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year March - February; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 13.07B | 12.60B | 11.86B | 11.15B | 10.12B | 8.97B |
| Cost of Revenue | 9.17B | 8.85B | 8.39B | 7.99B | 7.28B | 6.58B |
| Gross Profit | 3.90B | 3.75B | 3.47B | 3.16B | 2.83B | 2.39B |
| Selling, General & Admin | 3.57B | 3.50B | 3.36B | 3.19B | 2.78B | 2.46B |
| Operating Expenses | 3.57B | 3.50B | 3.36B | 3.19B | 2.78B | 2.46B |
| Operating Income | 333.60M | 254.30M | 112.60M | -23.60M | 56.42M | -73.57M |
| Interest Expense | -11.40M | -4.60M | -5.50M | -3.60M | -2.58M | -2.16M |
| Interest & Investment Income | 17.60M | 19.80M | 40.60M | 62.10M | 11.87M | 523.00K |
| Currency Exchange Gain (Loss) | 200.00K | -300.00K | -800.00K | 300.00K | 174.00K | |
| Other Non Operating Income (Expenses) | 20.80M | -5.40M | 4.40M | 13.10M | -13.34M | |
| EBT Excluding Unusual Items | 360.80M | 263.80M | 151.30M | 48.30M | 52.55M | -75.21M |
| Merger & Restructuring Charges | -15.40M | |||||
| Gain (Loss) on Sale of Investments | -800.00K | -500.00K | 400.00K | |||
| Pretax Income | 354.60M | 263.30M | 151.70M | 48.30M | 52.55M | -75.21M |
| Income Tax Expense | 80.90M | 40.50M | -241.00M | 8.70M | 2.65M | |
| Net Income | 273.70M | 222.80M | 392.70M | 39.60M | 49.90M | -75.21M |
| Net Income to Common | 273.70M | 222.80M | 392.70M | 39.60M | 49.90M | -75.21M |
| Shares Outstanding (Basic) | 412.20M | 414.10M | 421.40M | 429.40M | 422.33M | 417.22M |
| Shares Outstanding (Diluted) | 419.70M | 425.80M | 431.00M | 432.00M | 427.77M | 417.22M |
| EPS (Basic) | 0.66 | 0.54 | 0.93 | 0.09 | 0.12 | -0.18 |
| EPS (Diluted) | 0.65 | 0.52 | 0.91 | 0.09 | 0.12 | -0.18 |
| Free Cash Flow | 568.10M | 562.40M | 452.50M | 342.90M | 119.47M | -1.53M |
| Free Cash Flow Per Share | 1.35 | 1.32 | 1.05 | 0.79 | 0.28 | -0.00 |
| Gross Margin | 29.85% | 29.79% | 29.23% | 28.36% | 28.01% | 26.60% |
| Operating Margin | 2.55% | 2.02% | 0.95% | -0.21% | 0.56% | -0.82% |
| Profit Margin | 2.09% | 1.77% | 3.31% | 0.36% | 0.49% | -0.84% |
| Free Cash Flow Margin | 4.35% | 4.46% | 3.82% | 3.08% | 1.18% | -0.02% |
| EBITDA | 432.40M | 341.90M | 189.60M | 55.90M | 117.46M | -32.45M |
| EBITDA Margin | 3.31% | 2.71% | 1.60% | 0.50% | 1.16% | -0.36% |
| D&A For EBITDA | 98.80M | 87.60M | 77.00M | 79.50M | 61.04M | 41.12M |
| EBIT | 333.60M | 254.30M | 112.60M | -23.60M | 56.42M | -73.57M |
| EBIT Margin | 2.55% | 2.02% | 0.95% | -0.21% | 0.56% | -0.82% |
| Effective Tax Rate | 22.81% | 15.38% | 18.01% | 5.04% | ||
| Advertising Expenses | 824.90M | 804.10M | 742.40M | 649.39M | 618.90M |
Balance sheet
Fiscal year March - February; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 611.00M | 860.10M | 595.80M | 602.23M | 331.64M | 603.08M |
| Short-Term Investments | 1.20M | 18.70M | 900.00K | 531.78M | 346.94M | |
| Cash & Short-Term Investments | 612.20M | 878.80M | 596.70M | 1.13B | 678.59M | 603.08M |
| Accounts Receivable | 232.10M | 222.20M | 169.00M | 154.04M | 126.97M | 123.51M |
| Other Receivables | 500.00K | 48.30M | 2.50M | |||
| Receivables | 232.10M | 222.70M | 169.00M | 202.34M | 126.97M | 126.01M |
| Inventory | 924.70M | 864.80M | 836.70M | 719.27M | 678.00M | 560.43M |
| Prepaid Expenses | 76.30M | 69.50M | 60.00M | 48.72M | 41.22M | 34.01M |
| Total Current Assets | 1.85B | 2.04B | 1.66B | 2.10B | 1.52B | 1.32B |
| Property, Plant & Equipment | 974.50M | 903.80M | 907.70M | 900.03M | 902.40M | 739.86M |
| Goodwill | 334.10M | 39.40M | 39.40M | 39.44M | 39.44M | |
| Other Intangible Assets | 282.10M | 118.20M | 105.30M | 95.88M | ||
| Long-Term Deferred Tax Assets | 264.70M | 232.20M | 257.50M | |||
| Other Long-Term Assets | 39.90M | 37.00M | 42.20M | 47.15M | 53.19M | 22.89M |
| Total Assets | 3.74B | 3.37B | 3.01B | 3.19B | 2.52B | 2.09B |
| Accounts Payable | 1.17B | 1.22B | 1.18B | 1.10B | 1.03B | 883.32M |
| Accrued Expenses | 502.30M | 535.50M | 485.20M | 485.68M | 396.79M | 347.79M |
| Current Portion of Leases | 42.30M | 38.10M | 33.50M | 29.00M | 27.65M | 24.23M |
| Other Current Liabilities | 488.80M | 506.60M | 512.10M | 491.25M | 370.10M | 389.55M |
| Total Current Liabilities | 2.20B | 2.30B | 2.21B | 2.11B | 1.83B | 1.64B |
| Long-Term Leases | 527.20M | 518.70M | 502.40M | 527.79M | 471.82M | 410.17M |
| Long-Term Unearned Revenue | 4.50M | 1.90M | 45.00M | |||
| Other Long-Term Liabilities | 51.80M | 48.20M | 39.40M | 36.03M | 15.01M | 16.50M |
| Total Liabilities | 3.37B | 2.87B | 2.75B | 2.68B | 2.36B | 2.07B |
| Common Stock | 4.00M | 4.20M | 4.10M | 4.32M | 4.25M | 4.20M |
| Additional Paid-In Capital | 1.55B | 1.85B | 1.84B | 2.48B | 2.17B | 2.02B |
| Retained Earnings | -1.18B | -1.36B | -1.58B | -1.98B | -2.02B | -2.01B |
| Comprehensive Income & Other | 600.00K | 900.00K | 100.00K | -406.00K | ||
| Shareholders' Equity | 370.50M | 497.90M | 261.50M | 510.24M | 160.27M | 14.74M |
| Total Liabilities & Equity | 3.74B | 3.37B | 3.01B | 3.19B | 2.52B | 2.09B |
| Total Debt | 1.16B | 556.80M | 535.90M | 556.80M | 499.47M | 434.39M |
| Net Cash (Debt) | -549.00M | 322.00M | 60.80M | 577.22M | 179.12M | 168.69M |
| Net Cash Per Share | -1.31 | 0.76 | 0.14 | 1.34 | 0.42 | 0.40 |
| Filing Date Shares Outstanding | 401.93M | 416.68M | 413.64M | 434.92M | 426.95M | 420.48M |
| Total Common Shares Outstanding | 401.47M | 415.13M | 413.59M | 431.78M | 425.35M | 420.11M |
| Working Capital | -357.10M | -265.80M | -544.30M | -6.53M | -302.94M | -321.35M |
| Book Value Per Share | 0.92 | 1.20 | 0.63 | 1.18 | 0.38 | 0.04 |
| Tangible Book Value | -245.70M | 340.30M | 116.80M | 374.92M | 120.83M | 14.74M |
| Tangible Book Value Per Share | -0.61 | 0.82 | 0.28 | 0.87 | 0.28 | 0.04 |
| Machinery | 375.70M | 349.50M | 286.30M | 249.77M | 230.47M | 187.89M |
| Construction In Progress | 16.20M | 20.00M | 130.10M | 82.01M | 93.53M | 85.04M |
| Leasehold Improvements | 508.70M | 428.80M | 327.90M | 312.12M | 246.39M | 153.80M |
Cash flow statement
Fiscal year March - February; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 273.70M | 222.80M | 392.70M | 39.60M | 49.90M | -75.21M |
| Depreciation & Amortization | 98.80M | 87.60M | 77.00M | 79.50M | 61.04M | 41.12M |
| Other Amortization | 45.10M | 41.70M | 37.60M | 30.20M | 22.40M | 14.20M |
| Stock-Based Compensation | 297.90M | 297.90M | 306.40M | 239.10M | 158.12M | 77.77M |
| Other Operating Activities | 80.10M | 76.70M | -223.90M | 28.20M | 53.80M | 33.59M |
| Change in Accounts Receivable | -9.20M | -53.10M | -15.10M | -27.10M | -2.57M | -20.86M |
| Change in Inventory | -35.10M | -27.70M | -117.80M | -41.20M | -115.26M | -41.74M |
| Change in Accounts Payable | -69.90M | 45.40M | 71.10M | 71.80M | 147.47M | 84.06M |
| Change in Other Net Operating Assets | 35.80M | 300.00K | 68.30M | 66.10M | -25.12M | 78.81M |
| Operating Cash Flow | 717.20M | 691.60M | 596.30M | 486.20M | 349.78M | 191.74M |
| Capital Expenditures | -149.10M | -129.20M | -143.80M | -143.30M | -230.31M | -193.27M |
| Cash Acquisitions | -552.80M | -40.03M | ||||
| Investment in Securities | 400.00K | -17.40M | 538.40M | -143.70M | -343.76M | |
| Other Investing Activities | -5.20M | -400.00K | -1.40M | |||
| Investing Cash Flow | -701.50M | -151.80M | 394.60M | -287.40M | -615.50M | -193.27M |
| Long-Term Debt Repaid | -200.00K | -900.00K | -500.00K | -681.00K | -869.00K | |
| Net Debt Issued (Repaid) | 592.30M | -200.00K | -900.00K | -500.00K | -681.00K | -869.00K |
| Issuance of Common Stock | 22.00M | |||||
| Repurchase of Common Stock | -578.60M | -262.50M | -942.80M | |||
| Other Financing Activities | -9.80M | -13.30M | -53.00M | 50.10M | -6.05M | 42.13M |
| Financing Cash Flow | 3.90M | -276.00M | -996.70M | 71.60M | -6.73M | 41.26M |
| Foreign Exchange Rate Adjustments | -400.00K | 500.00K | -600.00K | 200.00K | ||
| Net Cash Flow | 19.20M | 264.30M | -6.40M | 270.60M | -272.46M | 39.73M |
| Free Cash Flow | 568.10M | 562.40M | 452.50M | 342.90M | 119.47M | -1.53M |
| Free Cash Flow Margin | 4.35% | 4.46% | 3.82% | 3.08% | 1.18% | -0.02% |
| Free Cash Flow Per Share | 1.35 | 1.32 | 1.05 | 0.79 | 0.28 | -0.00 |
| Levered Free Cash Flow | 449.07M | 453.06M | 340.09M | 346.17M | 98.58M | 94.40M |
| Unlevered Free Cash Flow | 456.20M | 455.94M | 343.53M | 348.42M | 100.19M | 95.75M |
| Cash Interest Paid | 2.30M | 2.40M | 2.70M | 2.90M | 2.10M | 2.05M |
| Cash Income Tax Paid | 12.90M | 9.20M | 51.90M | -60.60M | ||
| Change in Working Capital | -78.40M | -35.10M | 6.50M | 69.60M | 4.51M | 100.27M |
Ratios
Fiscal year March - February; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 8.56B | 12.08B | 15.93B | 8.36B | 19.44B | 18.37B |
| Enterprise Value | 9.11B | 11.94B | 15.97B | 7.96B | 19.27B | 18.04B |
| Last Close Price | 21.29 | 29.11 | 38.98 | 19.38 | 45.91 | 43.95 |
| PE Ratio | 32.88 | 54.22 | 40.58 | 211.13 | 389.50 | |
| Forward PE | 12.48 | 19.56 | 33.89 | 31.02 | 226.74 | 226.74 |
| PS Ratio | 0.65 | 0.96 | 1.34 | 0.75 | 1.92 | 2.05 |
| PB Ratio | 23.07 | 24.26 | 60.94 | 16.39 | 121.27 | 1,246.62 |
| P/TBV Ratio | 35.50 | 136.43 | 22.30 | 160.86 | 1,246.62 | |
| P/FCF Ratio | 15.06 | 21.48 | 35.22 | 24.38 | 162.69 | |
| P/OCF Ratio | 11.93 | 17.47 | 26.72 | 17.20 | 55.57 | 95.81 |
| PEG Ratio | 0.40 | 0.81 | 0.92 | 0.12 | 3.50 | 136.32 |
| EV/Sales Ratio | 0.70 | 0.95 | 1.35 | 0.71 | 1.90 | 2.01 |
| EV/EBITDA Ratio | 21.06 | 34.92 | 84.23 | 142.38 | 164.06 | |
| EV/EBIT Ratio | 27.30 | 46.95 | 141.84 | 341.56 | ||
| EV/FCF Ratio | 16.03 | 21.23 | 35.29 | 23.21 | 161.31 | |
| Debt / Equity Ratio | 3.13 | 1.12 | 2.05 | 1.09 | 3.12 | 29.48 |
| Debt / EBITDA Ratio | 2.12 | 1.23 | 1.81 | 3.47 | 2.40 | 9.19 |
| Debt / FCF Ratio | 2.04 | 0.99 | 1.18 | 1.62 | 4.18 | |
| Net Debt / Equity Ratio | 1.48 | -0.65 | -0.23 | -1.13 | -1.12 | -11.45 |
| Net Debt / EBITDA Ratio | 1.27 | -0.94 | -0.32 | -10.33 | -1.52 | 5.20 |
| Net Debt / FCF Ratio | 0.97 | -0.57 | -0.13 | -1.68 | -1.50 | 110.32 |
| Asset Turnover | 3.81 | 3.95 | 3.83 | 3.91 | 4.39 | 4.69 |
| Inventory Turnover | 10.19 | 10.40 | 10.79 | 11.43 | 11.76 | 12.26 |
| Quick Ratio | 0.38 | 0.48 | 0.35 | 0.63 | 0.44 | 0.44 |
| Current Ratio | 0.84 | 0.89 | 0.75 | 1.00 | 0.83 | 0.81 |
| Return on Equity (ROE) | 71.99% | 58.68% | 101.77% | 11.81% | 57.03% | -1,181.38% |
| Return on Assets (ROA) | 6.08% | 4.98% | 2.27% | -0.52% | 1.53% | -2.40% |
| Return on Invested Capital (ROIC) | 38.23% | 114.28% | 56.10% | |||
| Return on Capital Employed (ROCE) | 21.70% | 23.90% | 13.90% | -2.20% | 8.20% | -16.70% |
| Earnings Yield | 3.04% | 1.84% | 2.46% | 0.47% | 0.26% | -0.41% |
| FCF Yield | 6.64% | 4.66% | 2.84% | 4.10% | 0.61% | -0.01% |
| Buyback Yield / Dilution | 1.43% | 1.21% | 0.23% | -0.99% | -2.53% | -2.45% |