Chewy(CHWY) - 2026 Q3 - Earnings Call Presentation

Financial Highlights - Net sequential active customer additions reached 250,000[8] - The company returned $55 million to shareholders through share repurchases in Q3 2025[8] - Net sales per active customer were $595[10] - Autoship customer sales accounted for 84% of net sales[10] - Q3 2025 Adjusted EBITDA was $181 million, representing a 58% margin[10] Revenue Performance - Full year net sales reached $12584 billion, a 64% year-over-year growth[12] - Q3 2025 net sales were $3117 billion, an 83% year-over-year growth[14] - Full year Autoship customer sales reached $10371 billion, a 106% year-over-year growth[16] - Q3 2025 Autoship customer sales were $2614 billion, a 136% year-over-year growth[18] Profitability and Cash Flow - Full year gross profit was $3720 billion, with a gross margin of 296%[24] - Full year Adjusted EBITDA reached $682 million, with a margin of 54%[28] - Full year Free Cash Flow reached $488 million[33] - Q3 FY25 cash balance was $675 million[34] Guidance - The company projects fiscal year 2025 net sales to be between $1258 billion and $1260 billion[37] - The company projects fiscal year 2025 Adjusted EBITDA margin to be between 56% and 57%[37] - The company projects fiscal fourth quarter 2025 net sales to be between $324 billion and $326 billion[37] - The company projects fiscal fourth quarter 2025 Adjusted Diluted EPS to be between $024 and $027[37]