← Chewy, Inc.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | $2.1b | $3.5b | $4.8b | $7.1b | $8.9b | $10.1b | $11.1b | $11.9b | $12.6b | |
| Cost of goods sold | $1.7b | $2.8b | $3.7b | $5.3b | $6.5b | $7.3b | $8.0b | $8.4b | $8.8b | |
| Gross profit | $367.6m | $714.8m | $1.1b | $1.8b | $2.4b | $2.8b | $3.2b | $3.5b | $3.8b | |
| Selling, general and administrative | $451.7m | $589.5m | $969.9m | $1.4b | $1.8b | $2.1b | $2.4b | $2.6b | $2.7b | |
| Total operating expenses | $705.4m | $982.6m | $1.4b | $1.9b | $2.4b | $2.8b | $3.2b | $3.4b | $3.5b | |
| Advertising and marketing | $253.7m | $393.1m | $426.9m | $513.3m | $618.9m | $649.4m | $742.5m | $804.1m | $824.9m | |
| Income (loss) from operations | ($337.9m) | ($267.8m) | ($252.7m) | ($90.5m) | ($72.2m) | $55.8m | ($23.6m) | $112.6m | $254.3m | |
| Interest and other income, net | — | — | — | — | — | — | $71.9m | $39.1m | $9.0m | |
| Income tax provision (benefit) | $0 | $0 | $0 | $0 | $0 | $2.6m | $8.7m | ($241.0m) | $40.5m | |
| Foreign currency translation adjustments | — | — | — | — | $0 | $0 | ($406k) | $483k | $800k | |
| Comprehensive income | — | — | — | — | ($75.2m) | $49.9m | $39.2m | $393.2m | $223.6m | |
| Income before income tax provision (benefit) | ($338.1m) | ($267.9m) | ($252.4m) | ($92.5m) | ($73.8m) | $51.9m | $48.2m | $151.7m | $263.3m | |
| Net income | ($338.1m) | ($267.9m) | ($252.4m) | ($92.5m) | ($73.8m) | $49.2m | $39.6m | $392.7m | $222.8m | |
| Basic (in dollars per share) | — | — | ($0.63) | ($0.23) | ($0.18) | $0.12 | $0.09 | $0.93 | $0.54 | |
| Diluted (in dollars per share) | — | — | ($0.63) | ($0.23) | ($0.18) | $0.12 | $0.09 | $0.91 | $0.52 |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.