Filing Flows › Petco Health & Wellness Company (WOOF) › Q2 FY26
Petco Health & Wellness Company (WOOF) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Aug 29, 2025
Petco Health & Wellness Company (WOOF) reported revenue of $1.5B for the second quarter fiscal 2026 (Q2 FY26), -2% from a year earlier and -0.3% from the quarter before. Operating margin was 2.9%, net earnings $14.0M (0.9% of revenue).
Petco Health & Wellness Company, Q2 FY26: revenue $1.5B (-2% year over year), operating margin 2.9%, net earnings $14.0M, operating cash flow $85.9M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.5B | -0.3% | -2% |
| Gross profit | $585M | +3% | +0.8% |
| Operating profit | $43.0M | +163% | 17× |
| Net earnings | $14.0M | — | — |
| Operating cash flow | $85.9M | — | +24% |
| Free cash flow | $53.8M | — | +28% |
What changed
Revenue was $1.5B in Q2 FY26, down 2% year over year and roughly flat from the previous quarter. Consumables was the largest line at 49% of revenue. Supplies and Companion Animals lost $0.02B year over year (down 4%), 66% of the total change.
Gross margin was 39.3%, up 1.2 points from a year earlier. Operating profit was $0.04B, a 2.9% margin (up 2.7 points year over year). Operating expenses fell 6% while revenue fell 2%. Net earnings were $0.01B. The effective tax rate was 5.1%.
Operating cash flow was $0.09B (up 24% year over year), 615% of net earnings. Non-cash charges added back $0.05B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.01B. Capital expenditures of $0.03B left free cash flow of $0.05B.
Questions
What was Petco Health & Wellness Company's revenue in the second quarter fiscal 2026?
Petco Health & Wellness Company (WOOF) reported revenue of $1.5B for the second quarter fiscal 2026 (Q2 FY26), -2% from a year earlier and -0.3% from the quarter before.
Was Petco Health & Wellness Company profitable in the second quarter fiscal 2026?
Operating profit was $43.0M (2.9% of revenue) and net earnings $14.0M.