Chewy, Inc.
CHWY· NYSE· Retail-Catalog & Mail-Order Houses
- Market cap
- –
- P/FCF
- –
- EV/Sales
- –
- FCF margin
- 4.5%
- ROIC, 5 yr avg
- –
- Revenue, 5 yr CAGR
- +12.0%
We record prices for the companies we cover; CHWY is not one of them yet.
Company statistics
Profile · FY2026
- Market cap
- –
- Enterprise value
- –
- Diluted shares
- 425.8M
- Revenue
- $12.6B
- Free cash flow
- $562.4M
- Owner earnings
- $264.5M
Valuation · FY2026
- P/E
- –
- P/FCF
- –
- P/Owner earnings
- –
- EV/Sales
- –
- EV/FCF
- –
- P/B
- –
Margins · FY2026
- Gross
- 29.8%
- Operating
- 2.0%
- Net
- 1.8%
- Free cash flow
- 4.5%
- Owner earnings
- 2.1%
- Stock pay
- 2.4%
Returns
- ROIC, FY2026
- –
- ROIC, 5 yr avg
- –
- ROE, FY2026
- 44.7%
- ROE, 5 yr avg
- –
Growth (CAGR)
- Revenue, 3 yr
- 7.6%
- Revenue, 5 yr
- 12.0%
- Revenue, 8 yr
- 25.1%
- Diluted EPS, 3 yr
- 63.0%
- Diluted EPS, 5 yr
- –
- Diluted EPS, 8 yr
- –
- Free cash flow, 3 yr
- 67.6%
- Free cash flow, 5 yr
- 208.5%
- Free cash flow, 8 yr
- –
Financial health · FY2026
- Cash and investments
- $878.8M
- Total debt
- –
- Net cash
- –
- Debt/Equity
- –
- Debt/FCF
- –
Shareholder returns · FY2026
- Dividend yield
- –
- Payout ratio
- –
- Buyback yield
- –
- Shareholder yield
- –
- Share count, 5 yr
- 0.9%
Financials: ten years from the 10-Ks
Revenue
$12.6B
+25.1% a year over 8 years
FY2018FY2026
Margins
Gross29.8%Operating2.0%Net1.8%
FY2026
FY2018FY2026
Free cash flow and owner earnings
Free cash flow$562.4MOwner earnings$264.5M
FY2026
FY2018FY2026
Diluted shares
425.8M
+6.9% over 8 years, net dilution
FY2018FY2026
Every figure, year by year
| Fiscal year | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|---|---|---|
| The business | |||||||||
| Revenue | $2.1B | $3.5B | $4.8B | $7.1B | $9.0B | $10.1B | $11.1B | $11.9B | $12.6B |
| Revenue growth | – | 67.9% | 37.2% | 47.4% | 25.5% | 12.8% | 10.2% | 6.4% | 6.2% |
| Gross margin | 17.5% | 20.2% | 23.6% | 25.5% | 26.6% | 28.0% | 28.4% | 29.2% | 29.8% |
| Operating margin | -16.1% | -7.6% | -5.2% | -1.3% | -0.8% | 0.6% | -0.2% | 0.9% | 2.0% |
| Net income | -$338.1M | -$267.9M | -$252.4M | -$92.5M | -$75.2M | $49.9M | $39.6M | $392.7M | $222.8M |
| Net margin | -16.1% | -7.6% | -5.2% | -1.3% | -0.8% | 0.5% | 0.4% | 3.3% | 1.8% |
| Diluted EPS | – | – | $-0.63 | $-0.23 | $-0.18 | $0.12 | $0.09 | $0.91 | $0.52 |
| Return on invested capital? | – | – | – | – | – | – | – | – | – |
| Cash | |||||||||
| Operating cash flow | -$79.7M | -$13.4M | $46.6M | $132.8M | $191.7M | $349.8M | $486.2M | $596.3M | $691.6M |
| Capital expenditure | $40.3M | $44.2M | $48.6M | $130.7M | $183.2M | $230.3M | $143.3M | $143.8M | $129.2M |
| Free cash flow | -$120.0M | -$57.6M | -$2.1M | $2.0M | $8.6M | $119.5M | $342.9M | $452.5M | $562.4M |
| Stock-based compensation | $11.2M | $14.4M | $134.9M | $121.3M | $77.8M | $158.1M | $239.1M | $306.4M | $297.9M |
| Owner earnings? | -$131.2M | -$71.9M | -$137.0M | -$119.3M | -$69.2M | -$38.7M | $103.8M | $146.1M | $264.5M |
| Free cash flow per share | – | – | $-0.01 | $0.00 | $0.02 | $0.28 | $0.79 | $1.05 | $1.32 |
| Capital allocation | |||||||||
| Dividends paid | – | – | – | – | – | – | – | – | – |
| Share repurchases | – | – | – | – | – | $0 | $0 | $942.8M | $262.5M |
| Diluted shares | – | – | 398.3M | 407.2M | 417.2M | 427.8M | 432.0M | 431.0M | 425.8M |
| Share count change? | – | – | – | 2.3% | 2.5% | 2.5% | 1.0% | -0.2% | -1.2% |
| Balance sheet | |||||||||
| Cash and equivalents | $68.8M | $88.3M | $212.1M | $563.3M | $603.1M | $331.6M | $602.2M | $595.8M | $860.1M |
| Short-term investments | – | – | – | – | $0 | $346.9M | $531.8M | $900.0K | $18.7M |
| Total debt | – | – | – | – | – | – | – | – | – |
| Net debt | – | – | – | – | – | – | – | – | – |
| Shareholders' equity | -$83.7M | -$335.9M | -$404.0M | -$55.0M | -$39.6M | $160.3M | $510.3M | $261.5M | $497.9M |
Latest filings
| 2026-09-09 | 10-Q | Quarterly report |
| 2026-09-09 | 8-K | Earnings release |
| 2026-06-10 | 8-K | Earnings release |
| 2026-06-10 | 10-Q | Quarterly report |
| 2026-05-22 | DEF 14A | Proxy statement |
| 2026-03-25 | 10-K | Annual report |
| 2026-03-25 | 8-K | Earnings release |
| 2025-12-10 | 10-Q | Quarterly report |
| 2025-12-10 | 8-K | Earnings release |
| 2025-09-10 | 10-Q | Quarterly report |
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