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Side-by-side financial comparison of Chewy, Inc. (CHWY) and Primoris Services Corp (PRIM). Click either name above to swap in a different company.

Chewy, Inc. is the larger business by last-quarter revenue ($3.1B vs $1.9B, roughly 1.7× Primoris Services Corp). Primoris Services Corp runs the higher net margin — 2.8% vs 1.9%, a 0.9% gap on every dollar of revenue. On growth, Chewy, Inc. posted the faster year-over-year revenue change (8.3% vs 6.7%). Chewy, Inc. produced more free cash flow last quarter ($175.8M vs $121.1M). Over the past eight quarters, Primoris Services Corp's revenue compounded faster (14.7% 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.

Primoris Services Corporation is a publicly traded specialty construction and infrastructure company based in the United States, with a particular focus on pipelines for natural gas, wastewater and water. As of 2014 it was a Fortune 1000 company.

CHWY vs PRIM — Head-to-Head

Bigger by revenue
CHWY
CHWY
1.7× larger
CHWY
$3.1B
$1.9B
PRIM
Growing faster (revenue YoY)
CHWY
CHWY
+1.6% gap
CHWY
8.3%
6.7%
PRIM
Higher net margin
PRIM
PRIM
0.9% more per $
PRIM
2.8%
1.9%
CHWY
More free cash flow
CHWY
CHWY
$54.7M more FCF
CHWY
$175.8M
$121.1M
PRIM
Faster 2-yr revenue CAGR
PRIM
PRIM
Annualised
PRIM
14.7%
4.6%
CHWY

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
CHWY
CHWY
PRIM
PRIM
Revenue
$3.1B
$1.9B
Net Profit
$59.2M
$51.7M
Gross Margin
29.8%
9.4%
Operating Margin
2.1%
4.2%
Net Margin
1.9%
2.8%
Revenue YoY
8.3%
6.7%
Net Profit YoY
1405.6%
-4.2%
EPS (diluted)
$0.14
$0.94

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
PRIM
PRIM
Q4 25
$3.1B
$1.9B
Q3 25
$3.1B
$2.2B
Q2 25
$3.1B
$1.9B
Q1 25
$3.2B
$1.6B
Q4 24
$2.9B
$1.7B
Q3 24
$2.9B
$1.6B
Q2 24
$2.9B
$1.6B
Q1 24
$2.8B
$1.4B
Net Profit
CHWY
CHWY
PRIM
PRIM
Q4 25
$59.2M
$51.7M
Q3 25
$62.0M
$94.6M
Q2 25
$62.4M
$84.3M
Q1 25
$22.8M
$44.2M
Q4 24
$3.9M
$54.0M
Q3 24
$299.1M
$58.4M
Q2 24
$66.9M
$49.5M
Q1 24
$34.3M
$18.9M
Gross Margin
CHWY
CHWY
PRIM
PRIM
Q4 25
29.8%
9.4%
Q3 25
30.4%
10.8%
Q2 25
29.6%
12.3%
Q1 25
28.5%
10.4%
Q4 24
29.3%
10.6%
Q3 24
29.5%
12.0%
Q2 24
29.7%
11.9%
Q1 24
28.2%
9.4%
Operating Margin
CHWY
CHWY
PRIM
PRIM
Q4 25
2.1%
4.2%
Q3 25
2.2%
6.3%
Q2 25
2.5%
6.7%
Q1 25
-0.3%
4.3%
Q4 24
0.9%
5.0%
Q3 24
1.1%
6.0%
Q2 24
2.2%
5.5%
Q1 24
-0.7%
3.1%
Net Margin
CHWY
CHWY
PRIM
PRIM
Q4 25
1.9%
2.8%
Q3 25
2.0%
4.3%
Q2 25
2.0%
4.5%
Q1 25
0.7%
2.7%
Q4 24
0.1%
3.1%
Q3 24
10.5%
3.5%
Q2 24
2.3%
3.2%
Q1 24
1.2%
1.3%
EPS (diluted)
CHWY
CHWY
PRIM
PRIM
Q4 25
$0.14
$0.94
Q3 25
$0.14
$1.73
Q2 25
$0.15
$1.54
Q1 25
$0.07
$0.81
Q4 24
$0.01
$0.98
Q3 24
$0.68
$1.07
Q2 24
$0.15
$0.91
Q1 24
$0.08
$0.35

Balance Sheet & Financial Strength

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

Metric
CHWY
CHWY
PRIM
PRIM
Cash + ST InvestmentsLiquidity on hand
$701.5M
$535.5M
Total DebtLower is stronger
$469.9M
Stockholders' EquityBook value
$469.4M
$1.7B
Total Assets
$3.3B
$4.4B
Debt / EquityLower = less leverage
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CHWY
CHWY
PRIM
PRIM
Q4 25
$701.5M
$535.5M
Q3 25
$591.8M
$431.4M
Q2 25
$616.4M
$390.3M
Q1 25
$596.7M
$351.6M
Q4 24
$507.5M
$455.8M
Q3 24
$695.0M
$352.7M
Q2 24
$1.1B
$207.4M
Q1 24
$1.1B
$177.6M
Total Debt
CHWY
CHWY
PRIM
PRIM
Q4 25
$469.9M
Q3 25
$486.0M
Q2 25
$603.1M
Q1 25
$612.0M
Q4 24
$734.8M
Q3 24
$903.7M
Q2 24
$933.0M
Q1 24
$951.7M
Stockholders' Equity
CHWY
CHWY
PRIM
PRIM
Q4 25
$469.4M
$1.7B
Q3 25
$389.9M
$1.6B
Q2 25
$375.6M
$1.5B
Q1 25
$261.5M
$1.4B
Q4 24
$223.4M
$1.4B
Q3 24
$486.7M
$1.4B
Q2 24
$642.9M
$1.3B
Q1 24
$510.2M
$1.2B
Total Assets
CHWY
CHWY
PRIM
PRIM
Q4 25
$3.3B
$4.4B
Q3 25
$3.1B
$4.6B
Q2 25
$3.1B
$4.5B
Q1 25
$3.0B
$4.2B
Q4 24
$3.0B
$4.2B
Q3 24
$3.1B
$4.2B
Q2 24
$3.2B
$4.0B
Q1 24
$3.2B
$4.0B
Debt / Equity
CHWY
CHWY
PRIM
PRIM
Q4 25
0.28×
Q3 25
0.30×
Q2 25
0.39×
Q1 25
0.42×
Q4 24
0.52×
Q3 24
0.67×
Q2 24
0.72×
Q1 24
0.76×

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
PRIM
PRIM
Operating Cash FlowLast quarter
$207.9M
$142.9M
Free Cash FlowOCF − Capex
$175.8M
$121.1M
FCF MarginFCF / Revenue
5.6%
6.5%
Capex IntensityCapex / Revenue
1.0%
1.2%
Cash ConversionOCF / Net Profit
3.51×
2.76×
TTM Free Cash FlowTrailing 4 quarters
$487.0M
$340.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CHWY
CHWY
PRIM
PRIM
Q4 25
$207.9M
$142.9M
Q3 25
$133.9M
$182.9M
Q2 25
$86.4M
$78.5M
Q1 25
$207.5M
$66.2M
Q4 24
$183.5M
$298.3M
Q3 24
$123.4M
$222.5M
Q2 24
$81.9M
$16.1M
Q1 24
$98.9M
$-28.5M
Free Cash Flow
CHWY
CHWY
PRIM
PRIM
Q4 25
$175.8M
$121.1M
Q3 25
$105.9M
$148.4M
Q2 25
$48.7M
$45.3M
Q1 25
$156.6M
$25.6M
Q4 24
$151.8M
$270.0M
Q3 24
$91.5M
$158.8M
Q2 24
$52.6M
$-8.1M
Q1 24
$66.5M
$-38.9M
FCF Margin
CHWY
CHWY
PRIM
PRIM
Q4 25
5.6%
6.5%
Q3 25
3.4%
6.8%
Q2 25
1.6%
2.4%
Q1 25
4.8%
1.6%
Q4 24
5.3%
15.5%
Q3 24
3.2%
9.6%
Q2 24
1.8%
-0.5%
Q1 24
2.3%
-2.8%
Capex Intensity
CHWY
CHWY
PRIM
PRIM
Q4 25
1.0%
1.2%
Q3 25
0.9%
1.6%
Q2 25
1.2%
1.8%
Q1 25
1.6%
2.5%
Q4 24
1.1%
1.6%
Q3 24
1.1%
3.9%
Q2 24
1.0%
1.5%
Q1 24
1.1%
0.7%
Cash Conversion
CHWY
CHWY
PRIM
PRIM
Q4 25
3.51×
2.76×
Q3 25
2.16×
1.93×
Q2 25
1.38×
0.93×
Q1 25
9.10×
1.50×
Q4 24
46.66×
5.53×
Q3 24
0.41×
3.81×
Q2 24
1.22×
0.32×
Q1 24
2.89×
-1.50×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CHWY
CHWY

Segment breakdown not available.

PRIM
PRIM

Energy Segment$1.2B64%
Unit Price Contracts$473.7M25%
Cost Reimbursable Contracts$121.3M7%
Other$74.9M4%

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