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Chewy (CHWY) operating margin by quarter

Chewy's operating margin was 2.8% in Q2 FY27 (second quarter fiscal 2027), -1.1 pts from Q1 FY27. Over the last 6 quarters it ranged from 1.3% (Q4 FY26) to 3.8% (Q1 FY27).

Chewy operating margin by quarterChewy operating margin by quarter2.5%Q1 FY262.2%Q2 FY262.1%Q3 FY261.3%Q4 FY263.8%Q1 FY272.8%Q2 FY27
QuarterOperating marginQ/QY/Y
Q2 FY272.8%-1.1 pts+0.5 pts
Q1 FY273.8%+2.5 pts+1.4 pts
Q4 FY261.3%-0.8 pts—
Q3 FY262.1%-0.2 pts—
Q2 FY262.2%-0.2 pts—
Q1 FY262.5%——

Q2 FY27 at a glance

Chewy, Q2 FY27: revenue $3.3B (+7% year over year), operating margin 2.8%, net earnings $80.5M, operating cash flow $137M. The chart follows the revenue to costs, profit and cash.

Questions

What is Chewy's operating margin?

Chewy's operating margin was 2.8% in Q2 FY27 (second quarter fiscal 2027), -1.1 pts from Q1 FY27.

How has Chewy's operating margin changed?

Over the last 6 quarters it ranged from 1.3% (Q4 FY26) to 3.8% (Q1 FY27).

Q2 FY27 results → · How Chewy makes money →