Chewy First Quarter 2026 Earnings: Revenues Beat Expectations, EPS Lags

Chewy (NYSE:CHWY) First Quarter 2026 Results

Key Financial Results

• Revenue: US$3.12b (up 8.3% from 1Q 2025).
• Net income: US$62.4m (down 6.7% from 1Q 2025).
• Profit margin: 2.0% (down from 2.3% in 1Q 2025). The decrease in margin was driven by higher expenses.
• EPS: US$0.15 (down from US$0.15 in 1Q 2025).

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All figures shown in the chart above are for the trailing 12 month (TTM) period

Chewy Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 10%.

Looking ahead, revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Specialty Retail industry in the US.

Performance of the American Specialty Retail industry.

The company's shares are down 13% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Chewy's balance sheet and an in-depth analysis of the company's financial position.

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