Filing Flows › Chewy (CHWY) › Q4 FY26
Chewy (CHWY) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Mar 25, 2026
Chewy (CHWY) reported revenue of $3.3B for the fourth quarter fiscal 2026 (Q4 FY26), +0.5% from a year earlier and +5% from the quarter before. Operating margin was 1.3%, net earnings $39.2M (1.2% of revenue).
Chewy, Q4 FY26: revenue $3.3B (+0.5% year over year), operating margin 1.3%, net earnings $39.2M, operating cash flow $263M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.3B | +5% | +0.5% |
| Gross profit | $960M | +3% | +4% |
| Operating profit | $42.5M | -35% | — |
| Net earnings | $39.2M | -34% | +72% |
| Operating cash flow | $263M | +27% | +27% |
| Free cash flow | $232M | +32% | +48% |
What changed
Revenue was $3.3B in Q4 FY26, up 1% year over year and up 5% from the previous quarter.
Gross margin was 29.4%, up 0.9 points from Q4 FY25. Operating profit was $0.04B, a 1.3% margin (up 1.6 points year over year). Operating expenses fell 2% while revenue rose 1%. Net earnings were $0.04B, up 72% year over year. The effective tax rate was 6.9%.
Operating cash flow was $0.26B (up 27% year over year), 672% of net earnings. Non-cash charges added back $0.03B of depreciation and amortization and $0.07B of share-based compensation. Working capital and other items added $0.12B. Capital expenditures of $0.03B left free cash flow of $0.23B.
Questions
What was Chewy's revenue in the fourth quarter fiscal 2026?
Chewy (CHWY) reported revenue of $3.3B for the fourth quarter fiscal 2026 (Q4 FY26), +0.5% from a year earlier and +5% from the quarter before.
Was Chewy profitable in the fourth quarter fiscal 2026?
Operating profit was $42.5M (1.3% of revenue) and net earnings $39.2M.
Source: Chewy 10-K on SEC EDGAR.