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Side-by-side financial comparison of Chewy, Inc. (CHWY) and Huntington Bancshares (HBAN). Click either name above to swap in a different company.

Chewy, Inc. is the larger business by last-quarter revenue ($3.1B vs $2.6B, roughly 1.2× Huntington Bancshares). Huntington Bancshares runs the higher net margin — 20.2% vs 1.9%, a 18.3% gap on every dollar of revenue. On growth, Huntington Bancshares posted the faster year-over-year revenue change (34.0% vs 8.3%). Over the past eight quarters, Huntington Bancshares's revenue compounded faster (168.3% CAGR vs 4.6%).

Chewy, Inc. is an American online retailer of pet food and other pet-related products based in Plantation, Florida. Chewy went public in 2019 with the ticker symbol CHWY on the New York Stock Exchange.

Huntington Bancshares Incorporated is an American bank holding company headquartered in Columbus, Ohio. Its banking subsidiary, The Huntington National Bank, operates 1,047 banking offices, primarily in the Midwest: 459 in Ohio, 290 in Michigan, 80 in Minnesota, 51 in Pennsylvania, 45 in Indiana, 35 in Illinois, 32 in Colorado, 29 in West Virginia, 16 in Wisconsin, 10 in Kentucky, and one in North Carolina.

CHWY vs HBAN — Head-to-Head

Bigger by revenue
CHWY
CHWY
1.2× larger
CHWY
$3.1B
$2.6B
HBAN
Growing faster (revenue YoY)
HBAN
HBAN
+25.6% gap
HBAN
34.0%
8.3%
CHWY
Higher net margin
HBAN
HBAN
18.3% more per $
HBAN
20.2%
1.9%
CHWY
Faster 2-yr revenue CAGR
HBAN
HBAN
Annualised
HBAN
168.3%
4.6%
CHWY

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
CHWY
CHWY
HBAN
HBAN
Revenue
$3.1B
$2.6B
Net Profit
$59.2M
$523.0M
Gross Margin
29.8%
Operating Margin
2.1%
0.4%
Net Margin
1.9%
20.2%
Revenue YoY
8.3%
34.0%
Net Profit YoY
1405.6%
0.8%
EPS (diluted)
$0.14
$0.25

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CHWY
CHWY
HBAN
HBAN
Q1 26
$2.6B
Q4 25
$3.1B
$410.0M
Q3 25
$3.1B
$424.0M
Q2 25
$3.1B
$377.0M
Q1 25
$3.2B
$351.0M
Q4 24
$2.9B
$410.0M
Q3 24
$2.9B
$362.0M
Q2 24
$2.9B
$360.0M
Net Profit
CHWY
CHWY
HBAN
HBAN
Q1 26
$523.0M
Q4 25
$59.2M
$519.0M
Q3 25
$62.0M
$629.0M
Q2 25
$62.4M
$536.0M
Q1 25
$22.8M
$527.0M
Q4 24
$3.9M
$530.0M
Q3 24
$299.1M
$517.0M
Q2 24
$66.9M
$474.0M
Gross Margin
CHWY
CHWY
HBAN
HBAN
Q1 26
Q4 25
29.8%
Q3 25
30.4%
Q2 25
29.6%
Q1 25
28.5%
Q4 24
29.3%
Q3 24
29.5%
Q2 24
29.7%
Operating Margin
CHWY
CHWY
HBAN
HBAN
Q1 26
0.4%
Q4 25
2.1%
Q3 25
2.2%
Q2 25
2.5%
Q1 25
-0.3%
Q4 24
0.9%
Q3 24
1.1%
Q2 24
2.2%
Net Margin
CHWY
CHWY
HBAN
HBAN
Q1 26
20.2%
Q4 25
1.9%
126.6%
Q3 25
2.0%
148.3%
Q2 25
2.0%
142.2%
Q1 25
0.7%
150.1%
Q4 24
0.1%
129.3%
Q3 24
10.5%
142.8%
Q2 24
2.3%
131.7%
EPS (diluted)
CHWY
CHWY
HBAN
HBAN
Q1 26
$0.25
Q4 25
$0.14
$0.30
Q3 25
$0.14
$0.41
Q2 25
$0.15
$0.34
Q1 25
$0.07
$0.34
Q4 24
$0.01
$0.33
Q3 24
$0.68
$0.33
Q2 24
$0.15
$0.30

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CHWY
CHWY
HBAN
HBAN
Cash + ST InvestmentsLiquidity on hand
$701.5M
Total DebtLower is stronger
$23.5B
Stockholders' EquityBook value
$469.4M
$32.6B
Total Assets
$3.3B
$285.4B
Debt / EquityLower = less leverage
0.72×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CHWY
CHWY
HBAN
HBAN
Q1 26
Q4 25
$701.5M
Q3 25
$591.8M
Q2 25
$616.4M
Q1 25
$596.7M
Q4 24
$507.5M
Q3 24
$695.0M
Q2 24
$1.1B
Total Debt
CHWY
CHWY
HBAN
HBAN
Q1 26
$23.5B
Q4 25
$17.2B
Q3 25
$17.3B
Q2 25
$17.5B
Q1 25
$18.1B
Q4 24
$16.4B
Q3 24
$15.7B
Q2 24
$16.5B
Stockholders' Equity
CHWY
CHWY
HBAN
HBAN
Q1 26
$32.6B
Q4 25
$469.4M
$24.3B
Q3 25
$389.9M
$22.2B
Q2 25
$375.6M
$20.9B
Q1 25
$261.5M
$20.4B
Q4 24
$223.4M
$19.7B
Q3 24
$486.7M
$20.6B
Q2 24
$642.9M
$19.5B
Total Assets
CHWY
CHWY
HBAN
HBAN
Q1 26
$285.4B
Q4 25
$3.3B
$225.1B
Q3 25
$3.1B
$210.2B
Q2 25
$3.1B
$207.7B
Q1 25
$3.0B
$209.6B
Q4 24
$3.0B
$204.2B
Q3 24
$3.1B
$200.5B
Q2 24
$3.2B
$196.3B
Debt / Equity
CHWY
CHWY
HBAN
HBAN
Q1 26
0.72×
Q4 25
0.71×
Q3 25
0.78×
Q2 25
0.83×
Q1 25
0.89×
Q4 24
0.83×
Q3 24
0.76×
Q2 24
0.84×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CHWY
CHWY
HBAN
HBAN
Operating Cash FlowLast quarter
$207.9M
Free Cash FlowOCF − Capex
$175.8M
FCF MarginFCF / Revenue
5.6%
Capex IntensityCapex / Revenue
1.0%
Cash ConversionOCF / Net Profit
3.51×
TTM Free Cash FlowTrailing 4 quarters
$487.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CHWY
CHWY
HBAN
HBAN
Q1 26
Q4 25
$207.9M
$928.0M
Q3 25
$133.9M
$487.0M
Q2 25
$86.4M
$554.0M
Q1 25
$207.5M
$513.0M
Q4 24
$183.5M
$1.5B
Q3 24
$123.4M
$-438.0M
Q2 24
$81.9M
$305.0M
Free Cash Flow
CHWY
CHWY
HBAN
HBAN
Q1 26
Q4 25
$175.8M
$810.0M
Q3 25
$105.9M
$446.0M
Q2 25
$48.7M
$500.0M
Q1 25
$156.6M
$459.0M
Q4 24
$151.8M
$1.5B
Q3 24
$91.5M
$-480.0M
Q2 24
$52.6M
$263.0M
FCF Margin
CHWY
CHWY
HBAN
HBAN
Q1 26
Q4 25
5.6%
197.6%
Q3 25
3.4%
105.2%
Q2 25
1.6%
132.6%
Q1 25
4.8%
130.8%
Q4 24
5.3%
355.4%
Q3 24
3.2%
-132.6%
Q2 24
1.8%
73.1%
Capex Intensity
CHWY
CHWY
HBAN
HBAN
Q1 26
Q4 25
1.0%
28.8%
Q3 25
0.9%
9.7%
Q2 25
1.2%
14.3%
Q1 25
1.6%
15.4%
Q4 24
1.1%
6.6%
Q3 24
1.1%
11.6%
Q2 24
1.0%
11.7%
Cash Conversion
CHWY
CHWY
HBAN
HBAN
Q1 26
Q4 25
3.51×
1.79×
Q3 25
2.16×
0.77×
Q2 25
1.38×
1.03×
Q1 25
9.10×
0.97×
Q4 24
46.66×
2.80×
Q3 24
0.41×
-0.85×
Q2 24
1.22×
0.64×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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