Chewy Gross Margin Growth & History (CHWY)

Chewy's gross margin was 29.79% for fiscal 2025.

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Chewy annual gross margin history

Chewy annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20252026-02-0129.79%+0.55 pp
20242025-02-0229.24%+0.88 pp
20232024-01-2828.36%+0.35 pp
20222023-01-2928.01%+1.41 pp
20212022-01-3026.60%+1.12 pp
20202021-01-3125.48%+1.87 pp
20192020-02-0223.60%+3.37 pp
20182019-02-0320.23%+2.77 pp
20172018-01-2817.47%

Chewy gross margin trends

Over the last five reported fiscal years, Chewy's gross margin increased from 25.48% to 29.79%, a change of +4.31 percentage points. The latest reported quarter, Q1 2026, shows 30.13%.

About the metric

What gross margin means

Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.

Calculation and source

How gross margin is calculated

TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Chewy filings at SEC.gov ↗