Filing Flows › Chewy (CHWY) › Q1 FY27
Chewy (CHWY) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Jun 10, 2026
Chewy (CHWY) reported revenue of $3.4B for the first quarter fiscal 2027 (Q1 FY27), +8% from a year earlier and +3% from the quarter before. Operating margin was 3.8%, net earnings $94.8M (2.8% of revenue).
Chewy, Q1 FY27: revenue $3.4B (+8% year over year), operating margin 3.8%, net earnings $94.8M, operating cash flow $108M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.4B | +3% | +8% |
| Gross profit | $1.0B | +5% | +9% |
| Operating profit | $128M | +202% | +67% |
| Net earnings | $94.8M | +142% | +52% |
| Operating cash flow | $108M | -59% | +26% |
| Free cash flow | $70.8M | -69% | +45% |
What changed
Revenue was $3.4B in Q1 FY27, up 8% year over year and up 3% from the previous quarter.
Gross margin was 30.1%, up 0.5 points from Q1 FY26. Operating profit was $0.13B, a 3.8% margin (up 1.4 points year over year). Of the extra revenue versus Q1 FY26, 21% reached operating profit, above the 2% margin then. Operating expenses grew 4% against revenue growth of 8%. Net earnings were $0.09B, up 52% year over year. The effective tax rate was 27.8%.
Operating cash flow was $0.11B (up 26% year over year), 114% of net earnings. Non-cash charges added back $0.04B of depreciation and amortization and $0.07B of share-based compensation. Working capital and other items used $0.09B. Capital expenditures of $0.04B left free cash flow of $0.07B.
Questions
What was Chewy's revenue in the first quarter fiscal 2027?
Chewy (CHWY) reported revenue of $3.4B for the first quarter fiscal 2027 (Q1 FY27), +8% from a year earlier and +3% from the quarter before.
Was Chewy profitable in the first quarter fiscal 2027?
Operating profit was $128M (3.8% of revenue) and net earnings $94.8M.
Source: Chewy 10-Q on SEC EDGAR.