Filing Flows › Chewy (CHWY) › Q2 FY27
Chewy (CHWY) Q2 FY27 earnings results (second quarter fiscal 2027)
10-Q filed Sep 9, 2026
Chewy (CHWY) reported revenue of $3.3B for the second quarter fiscal 2027 (Q2 FY27), +7% from a year earlier and -0.8% from the quarter before. Operating margin was 2.8%, net earnings $80.5M (2.4% of revenue).
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.
| Q2 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.3B | -0.8% | +7% |
| Gross profit | $1.0B | 0% | +7% |
| Operating profit | $92.0M | -28% | +32% |
| Net earnings | $80.5M | -15% | +30% |
| Operating cash flow | $137M | +27% | +3% |
| Free cash flow | $89.5M | — | -15% |
What changed
Revenue was $3.3B in Q2 FY27, up 7% year over year and down 1% from the previous quarter.
Gross margin was 30.4%, unchanged from Q2 FY26. Operating profit was $0.09B, a 2.8% margin (up 0.5 points year over year). Of the extra revenue versus Q2 FY26, 10% reached operating profit, above the 2% margin then. Operating expenses grew 5% against revenue growth of 7%. Net earnings were $0.08B, up 30% year over year. The effective tax rate was 28.1%.
Operating cash flow was $0.14B (up 3% year over year), 171% of net earnings. Non-cash charges added back $0.04B of depreciation and amortization and $0.08B of share-based compensation. Working capital and other items used $0.07B. After capital expenditures ($0.05B), free cash flow as the company reports it was $0.09B.
Questions
What was Chewy's revenue in the second quarter fiscal 2027?
Chewy (CHWY) reported revenue of $3.3B for the second quarter fiscal 2027 (Q2 FY27), +7% from a year earlier and -0.8% from the quarter before.
Was Chewy profitable in the second quarter fiscal 2027?
Operating profit was $92.0M (2.8% of revenue) and net earnings $80.5M.
Source: Chewy 10-Q on SEC EDGAR.