Filing Flows › Petco Health & Wellness Company (WOOF) › Q1 FY26
Petco Health & Wellness Company (WOOF) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jun 6, 2025
Petco Health & Wellness Company (WOOF) reported revenue of $1.5B for the first quarter fiscal 2026 (Q1 FY26), -2% from a year earlier and -4% from the quarter before. Operating margin was 1.1%, net loss $11.7M (0.8% of revenue).
Petco Health & Wellness Company, Q1 FY26: revenue $1.5B (-2% year over year), operating margin 1.1%, net loss $11.7M, operating cash flow −$15.5M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.5B | -4% | -2% |
| Operating profit | $16.4M | -6% | — |
| Net earnings | −$11.7M | — | — |
| Operating cash flow | −$15.5M | -116% | — |
What changed
Revenue was $1.5B in Q1 FY26, down 2% year over year and down 4% from the previous quarter. Consumables was the largest line at 50% of revenue. Supplies and Companion Animals lost $0.02B year over year (down 4%), 61% of the total change.
Gross margin was 38.2%, up 0.3 points from a year earlier. Operating profit was $0.02B, a 1.1% margin (up 2.2 points year over year). Operating expenses fell 7% while revenue fell 2%. The quarter ended with a net loss of $0.01B, narrower than the previous quarter's $0.01B loss. Net interest and other expense of $0.03B was the main reason.
Operating cash flow was −$0.02B. Non-cash charges added back $0.05B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.06B. Capital expenditures of $0.03B exceeded it, leaving free cash flow of −$0.04B.
Questions
What was Petco Health & Wellness Company's revenue in the first quarter fiscal 2026?
Petco Health & Wellness Company (WOOF) reported revenue of $1.5B for the first quarter fiscal 2026 (Q1 FY26), -2% from a year earlier and -4% from the quarter before.
Was Petco Health & Wellness Company profitable in the first quarter fiscal 2026?
Operating profit was $16.4M (1.1% of revenue) and net loss $11.7M.