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

Chewy, Inc. is the larger business by last-quarter revenue ($3.1B vs $862.2M, roughly 3.6× MATTEL INC). MATTEL INC runs the higher net margin — 7.1% vs 1.9%, a 5.2% gap on every dollar of revenue. On growth, Chewy, Inc. posted the faster year-over-year revenue change (8.3% vs 4.3%). Chewy, Inc. produced more free cash flow last quarter ($175.8M vs $-88.1M). Over the past eight quarters, Chewy, Inc.'s revenue compounded faster (4.6% CAGR vs -10.6%).

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.

Mattel Films was the film production division of American toy and entertainment company Mattel that operated from September 6, 2018 to June 2, 2025. It succeeded Mattel Playground Productions, which was formed on October 16, 2013 as part of Mattel Global Brands, a unified media structural and strategy unit, as itself the successor to Mattel Entertainment and Mattel Studios, Mattel's prior entertainment brands/banners.

CHWY vs MAT — Head-to-Head

Bigger by revenue
CHWY
CHWY
3.6× larger
CHWY
$3.1B
$862.2M
MAT
Growing faster (revenue YoY)
CHWY
CHWY
+4.0% gap
CHWY
8.3%
4.3%
MAT
Higher net margin
MAT
MAT
5.2% more per $
MAT
7.1%
1.9%
CHWY
More free cash flow
CHWY
CHWY
$263.9M more FCF
CHWY
$175.8M
$-88.1M
MAT
Faster 2-yr revenue CAGR
CHWY
CHWY
Annualised
CHWY
4.6%
-10.6%
MAT

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
CHWY
CHWY
MAT
MAT
Revenue
$3.1B
$862.2M
Net Profit
$59.2M
$61.0M
Gross Margin
29.8%
44.9%
Operating Margin
2.1%
Net Margin
1.9%
7.1%
Revenue YoY
8.3%
4.3%
Net Profit YoY
1405.6%
251.4%
EPS (diluted)
$0.14
$0.20

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
MAT
MAT
Q1 26
$862.2M
Q4 25
$3.1B
$1.8B
Q3 25
$3.1B
$1.7B
Q2 25
$3.1B
$1.0B
Q1 25
$3.2B
$826.6M
Q4 24
$2.9B
$1.6B
Q3 24
$2.9B
$1.8B
Q2 24
$2.9B
$1.1B
Net Profit
CHWY
CHWY
MAT
MAT
Q1 26
$61.0M
Q4 25
$59.2M
$106.2M
Q3 25
$62.0M
$278.4M
Q2 25
$62.4M
$53.4M
Q1 25
$22.8M
$-40.3M
Q4 24
$3.9M
$140.9M
Q3 24
$299.1M
$372.4M
Q2 24
$66.9M
$56.9M
Gross Margin
CHWY
CHWY
MAT
MAT
Q1 26
44.9%
Q4 25
29.8%
45.9%
Q3 25
30.4%
50.0%
Q2 25
29.6%
50.9%
Q1 25
28.5%
49.4%
Q4 24
29.3%
50.7%
Q3 24
29.5%
53.1%
Q2 24
29.7%
49.2%
Operating Margin
CHWY
CHWY
MAT
MAT
Q1 26
Q4 25
2.1%
8.0%
Q3 25
2.2%
21.9%
Q2 25
2.5%
7.7%
Q1 25
-0.3%
-6.4%
Q4 24
0.9%
9.6%
Q3 24
1.1%
26.5%
Q2 24
2.2%
7.7%
Net Margin
CHWY
CHWY
MAT
MAT
Q1 26
7.1%
Q4 25
1.9%
6.0%
Q3 25
2.0%
16.0%
Q2 25
2.0%
5.2%
Q1 25
0.7%
-4.9%
Q4 24
0.1%
8.6%
Q3 24
10.5%
20.2%
Q2 24
2.3%
5.3%
EPS (diluted)
CHWY
CHWY
MAT
MAT
Q1 26
$0.20
Q4 25
$0.14
$0.32
Q3 25
$0.14
$0.88
Q2 25
$0.15
$0.16
Q1 25
$0.07
$-0.12
Q4 24
$0.01
$0.40
Q3 24
$0.68
$1.09
Q2 24
$0.15
$0.17

Balance Sheet & Financial Strength

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

Metric
CHWY
CHWY
MAT
MAT
Cash + ST InvestmentsLiquidity on hand
$701.5M
$866.0M
Total DebtLower is stronger
$2.3B
Stockholders' EquityBook value
$469.4M
$2.1B
Total Assets
$3.3B
$6.3B
Debt / EquityLower = less leverage
1.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CHWY
CHWY
MAT
MAT
Q1 26
$866.0M
Q4 25
$701.5M
$1.2B
Q3 25
$591.8M
$691.9M
Q2 25
$616.4M
$870.5M
Q1 25
$596.7M
$1.2B
Q4 24
$507.5M
$1.4B
Q3 24
$695.0M
$723.5M
Q2 24
$1.1B
$722.4M
Total Debt
CHWY
CHWY
MAT
MAT
Q1 26
$2.3B
Q4 25
$2.3B
Q3 25
$2.3B
Q2 25
$2.3B
Q1 25
$2.3B
Q4 24
$2.3B
Q3 24
$2.3B
Q2 24
$2.3B
Stockholders' Equity
CHWY
CHWY
MAT
MAT
Q1 26
$2.1B
Q4 25
$469.4M
$2.2B
Q3 25
$389.9M
$2.3B
Q2 25
$375.6M
$2.2B
Q1 25
$261.5M
$2.1B
Q4 24
$223.4M
$2.3B
Q3 24
$486.7M
$2.3B
Q2 24
$642.9M
$2.0B
Total Assets
CHWY
CHWY
MAT
MAT
Q1 26
$6.3B
Q4 25
$3.3B
$6.6B
Q3 25
$3.1B
$6.6B
Q2 25
$3.1B
$6.2B
Q1 25
$3.0B
$6.2B
Q4 24
$3.0B
$6.5B
Q3 24
$3.1B
$6.5B
Q2 24
$3.2B
$5.9B
Debt / Equity
CHWY
CHWY
MAT
MAT
Q1 26
1.11×
Q4 25
1.04×
Q3 25
1.03×
Q2 25
1.08×
Q1 25
1.10×
Q4 24
1.03×
Q3 24
1.01×
Q2 24
1.18×

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
MAT
MAT
Operating Cash FlowLast quarter
$207.9M
Free Cash FlowOCF − Capex
$175.8M
$-88.1M
FCF MarginFCF / Revenue
5.6%
-10.2%
Capex IntensityCapex / Revenue
1.0%
7.6%
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
MAT
MAT
Q1 26
Q4 25
$207.9M
$796.6M
Q3 25
$133.9M
$72.0M
Q2 25
$86.4M
$-300.1M
Q1 25
$207.5M
$24.8M
Q4 24
$183.5M
$862.1M
Q3 24
$123.4M
$155.8M
Q2 24
$81.9M
$-252.9M
Free Cash Flow
CHWY
CHWY
MAT
MAT
Q1 26
$-88.1M
Q4 25
$175.8M
Q3 25
$105.9M
Q2 25
$48.7M
Q1 25
$156.6M
Q4 24
$151.8M
Q3 24
$91.5M
Q2 24
$52.6M
FCF Margin
CHWY
CHWY
MAT
MAT
Q1 26
-10.2%
Q4 25
5.6%
Q3 25
3.4%
Q2 25
1.6%
Q1 25
4.8%
Q4 24
5.3%
Q3 24
3.2%
Q2 24
1.8%
Capex Intensity
CHWY
CHWY
MAT
MAT
Q1 26
7.6%
Q4 25
1.0%
Q3 25
0.9%
Q2 25
1.2%
Q1 25
1.6%
Q4 24
1.1%
Q3 24
1.1%
Q2 24
1.0%
Cash Conversion
CHWY
CHWY
MAT
MAT
Q1 26
Q4 25
3.51×
7.50×
Q3 25
2.16×
0.26×
Q2 25
1.38×
-5.62×
Q1 25
9.10×
Q4 24
46.66×
6.12×
Q3 24
0.41×
0.42×
Q2 24
1.22×
-4.45×

Financial Flow Comparison

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

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