NYSE$CHWY

Chewy · Q2 2026 earnings

Q2 2026 earnings · · Before market open · Investor relations

Briefing

Chewy reported Q2 fiscal 2026 net sales of $3.10B with net income of $62M and diluted EPS of $0.14.

Second-quarter net sales were $3.10 billion. Net income was $62 million and diluted EPS was $0.14 as Autoship and active customers grew. Pet health and advertising efficiency remained focus areas.

  • Q2 net sales $3.10B; Autoship penetration supports retention.
  • Diluted EPS $0.14; net income $62M.
  • New customer acquisition and category expansion drive growth.
  • Promotional intensity and freight costs can pressure gross margin.

Headline financials

Total Revenue

$3.1B

No prior period
EPS (adj)

$0.14

No prior period
Free Cash Flow

$62M

No prior period
Net Income

$62M

No prior period
Operating Income

$69.7M

No prior period
Gross Profit

$942M

No prior period
Cash & Equivalents

$592M

No prior period
Total Assets

$3.12B

No prior period

Revenue & EPS history

Chewy · Revenue · Quarterly

$3.1B

Q2 2026
Beat estimate in 15 of 16 quarters(94%)
ActualEstimate

Forward guidance

Management discusses comparable sales, private label mix, and cost inflation mitigation.

Tailwinds

  • Loyalty and e-commerce penetration support traffic.
  • Productivity and pricing actions defend margins.

Headwinds

  • Consumer trade-down pressures basket size.
  • Input, freight, and labor costs remain volatile.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q2 2026

Historical avgQ2 2026

-1.0%

Avg return

Earnings day

-0.9%

Avg return

5 days after

+2.2%

Avg return

30 days after

46%

13 / 28 earnings

Positive

+27.4%

Q1 2024

Best reaction

-16.6%

Q2 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.0%-5.2%
Q4 2025+1.0%-1.5%
Q3 2026+1.5%-4.9%-7.7%
Q2 2026-16.6%-12.2%-7.3%
Q1 2025+0.1%+4.5%-5.6%
Q4 2024-1.1%-3.3%+9.5%
Q3 2024-7.6%-8.1%+7.0%
Q2 2024+11.0%+10.4%+15.9%
Q1 2024+27.4%+31.6%+61.1%
Q4 2023-4.6%-7.6%-3.2%
Q3 2023+4.4%+10.0%+10.9%
Q2 2023-12.1%-9.6%-33.1%
Q1 2023+18.7%+21.9%+30.7%
Q4 2022-12.4%-13.8%-17.6%
Q3 2022+5.9%+8.1%-9.0%
Q2 2022-9.7%-13.8%-18.2%
Q1 2022+17.7%+11.9%+50.0%
Q4 2021-12.3%-16.1%-33.9%
Q3 2021-13.9%-8.7%-19.3%
Q2 2021-10.0%-12.9%-23.5%
Q1 2021-3.9%-5.0%+10.0%
Q4 2020+7.4%+4.9%+3.3%
Q3 2020+1.1%+13.8%+31.0%
Q2 2020-12.5%-12.0%+0.1%
Q1 2020+1.8%-1.3%+6.5%
Q3 2019+2.2%+13.3%+14.7%
Q2 2019-6.7%-13.3%-12.1%
Q1 2019-3.1%-6.5%-2.3%
Q4 2018
Q3 2018
Q2 2018
Q1 2018

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