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Chewy, Inc.（CHWY）与Wayfair Inc.（W）财务数据对比。点击上方公司名可切换其他公司
Wayfair Inc.的季度营收约是Chewy, Inc.的1.1倍（$3.3B vs $3.1B）。Chewy, Inc.净利率更高（1.9% vs -3.5%，领先5.4%）。Chewy, Inc.同比增速更快（8.3% vs 6.9%）。Wayfair Inc.自由现金流更多（$177.0M vs $175.8M）。过去两年Wayfair Inc.的营收复合增速更高（10.6% vs 4.6%）
Chewy Inc.是总部位于美国佛罗里达州普兰泰申的宠物用品线上零售商，主营宠物食品及各类宠物相关产品，2019年于纽约证券交易所挂牌上市，股票代码CHWY，是北美知名的宠物电商平台，为宠物主提供丰富可靠的一站式宠物消费选购服务。
Wayfair Inc.是总部位于美国马萨诸塞州波士顿的电商企业，2002年成立，前身为CSN Stores，专注于家具及家居用品线上销售。目前平台提供来自全球11000余家供应商的1400万款商品，业务遍及北美、加拿大、德国、爱尔兰、中国、英国等国家和地区。
CHWY vs W — 直观对比
营收规模更大
W
是对方的1.1倍
$3.1B
营收增速更快
CHWY
高出1.4%
6.9%
净利率更高
CHWY
高出5.4%
-3.5%
自由现金流更多
W
多$1.2M
$175.8M
两年增速更快
W
近两年复合增速
4.6%
损益表 — Q3 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $3.3B |
| 净利润 | $59.2M | $-116.0M |
| 毛利率 | 29.8% | 30.3% |
| 营业利润率 | 2.1% | 2.5% |
| 净利率 | 1.9% | -3.5% |
| 营收同比 | 8.3% | 6.9% |
| 净利润同比 | 1405.6% | 9.4% |
| 每股收益（稀释后） | $0.14 | $-0.90 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CHWYW
| Q4 25 | $3.1B | $3.3B | ||
| Q3 25 | $3.1B | $3.1B | ||
| Q2 25 | $3.1B | $3.3B | ||
| Q1 25 | $3.2B | $2.7B | ||
| Q4 24 | $2.9B | $3.1B | ||
| Q3 24 | $2.9B | $2.9B | ||
| Q2 24 | $2.9B | $3.1B | ||
| Q1 24 | $2.8B | $2.7B |
净利润CHWYW
| Q4 25 | $59.2M | $-116.0M | ||
| Q3 25 | $62.0M | $-99.0M | ||
| Q2 25 | $62.4M | $15.0M | ||
| Q1 25 | $22.8M | $-113.0M | ||
| Q4 24 | $3.9M | $-128.0M | ||
| Q3 24 | $299.1M | $-74.0M | ||
| Q2 24 | $66.9M | $-42.0M | ||
| Q1 24 | $34.3M | $-248.0M |
毛利率CHWYW
| Q4 25 | 29.8% | 30.3% | ||
| Q3 25 | 30.4% | 30.0% | ||
| Q2 25 | 29.6% | 30.1% | ||
| Q1 25 | 28.5% | 30.7% | ||
| Q4 24 | 29.3% | 30.2% | ||
| Q3 24 | 29.5% | 30.3% | ||
| Q2 24 | 29.7% | 30.2% | ||
| Q1 24 | 28.2% | 30.0% |
营业利润率CHWYW
| Q4 25 | 2.1% | 2.5% | ||
| Q3 25 | 2.2% | 1.2% | ||
| Q2 25 | 2.5% | 0.5% | ||
| Q1 25 | -0.3% | -4.5% | ||
| Q4 24 | 0.9% | -3.7% | ||
| Q3 24 | 1.1% | -2.6% | ||
| Q2 24 | 2.2% | -1.1% | ||
| Q1 24 | -0.7% | -8.6% |
净利率CHWYW
| Q4 25 | 1.9% | -3.5% | ||
| Q3 25 | 2.0% | -3.2% | ||
| Q2 25 | 2.0% | 0.5% | ||
| Q1 25 | 0.7% | -4.1% | ||
| Q4 24 | 0.1% | -4.1% | ||
| Q3 24 | 10.5% | -2.6% | ||
| Q2 24 | 2.3% | -1.3% | ||
| Q1 24 | 1.2% | -9.1% |
每股收益（稀释后）CHWYW
| Q4 25 | $0.14 | $-0.90 | ||
| Q3 25 | $0.14 | $-0.76 | ||
| Q2 25 | $0.15 | $0.11 | ||
| Q1 25 | $0.07 | $-0.89 | ||
| Q4 24 | $0.01 | $-1.01 | ||
| Q3 24 | $0.68 | $-0.60 | ||
| Q2 24 | $0.15 | $-0.34 | ||
| Q1 24 | $0.08 | $-2.06 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $701.5M | $1.5B |
| 总债务越低越好 | — | $3.3B |
| 股东权益账面价值 | $469.4M | $-2.8B |
| 总资产 | $3.3B | $3.4B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CHWYW
| Q4 25 | $701.5M | $1.5B | ||
| Q3 25 | $591.8M | $1.2B | ||
| Q2 25 | $616.4M | $1.4B | ||
| Q1 25 | $596.7M | $1.4B | ||
| Q4 24 | $507.5M | $1.4B | ||
| Q3 24 | $695.0M | $1.3B | ||
| Q2 24 | $1.1B | $1.3B | ||
| Q1 24 | $1.1B | $1.2B |
总债务CHWYW
| Q4 25 | — | $3.3B | ||
| Q3 25 | — | $2.9B | ||
| Q2 25 | — | $3.0B | ||
| Q1 25 | — | $3.2B | ||
| Q4 24 | — | $3.1B | ||
| Q3 24 | — | $3.2B | ||
| Q2 24 | — | $3.2B | ||
| Q1 24 | — | $3.2B |
股东权益CHWYW
| Q4 25 | $469.4M | $-2.8B | ||
| Q3 25 | $389.9M | $-2.8B | ||
| Q2 25 | $375.6M | $-2.7B | ||
| Q1 25 | $261.5M | $-2.8B | ||
| Q4 24 | $223.4M | $-2.8B | ||
| Q3 24 | $486.7M | $-2.7B | ||
| Q2 24 | $642.9M | $-2.8B | ||
| Q1 24 | $510.2M | $-2.8B |
总资产CHWYW
| Q4 25 | $3.3B | $3.4B | ||
| Q3 25 | $3.1B | $3.1B | ||
| Q2 25 | $3.1B | $3.3B | ||
| Q1 25 | $3.0B | $3.4B | ||
| Q4 24 | $3.0B | $3.5B | ||
| Q3 24 | $3.1B | $3.4B | ||
| Q2 24 | $3.2B | $3.4B | ||
| Q1 24 | $3.2B | $3.2B |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $207.9M | $202.0M |
| 自由现金流经营现金流 - 资本支出 | $175.8M | $177.0M |
| 自由现金流率自由现金流/营收 | 5.6% | 5.3% |
| 资本支出强度资本支出/营收 | 1.0% | 0.7% |
| 现金转化率经营现金流/净利润 | 3.51× | — |
| 过去12个月自由现金流最近4个季度 | $487.0M | $464.0M |
8季度趋势，按日历期对齐
经营现金流CHWYW
| Q4 25 | $207.9M | $202.0M | ||
| Q3 25 | $133.9M | $155.0M | ||
| Q2 25 | $86.4M | $273.0M | ||
| Q1 25 | $207.5M | $-96.0M | ||
| Q4 24 | $183.5M | $162.0M | ||
| Q3 24 | $123.4M | $49.0M | ||
| Q2 24 | $81.9M | $245.0M | ||
| Q1 24 | $98.9M | $-139.0M |
自由现金流CHWYW
| Q4 25 | $175.8M | $177.0M | ||
| Q3 25 | $105.9M | $128.0M | ||
| Q2 25 | $48.7M | $260.0M | ||
| Q1 25 | $156.6M | $-101.0M | ||
| Q4 24 | $151.8M | $142.0M | ||
| Q3 24 | $91.5M | $32.0M | ||
| Q2 24 | $52.6M | $222.0M | ||
| Q1 24 | $66.5M | $-152.0M |
自由现金流率CHWYW
| Q4 25 | 5.6% | 5.3% | ||
| Q3 25 | 3.4% | 4.1% | ||
| Q2 25 | 1.6% | 7.9% | ||
| Q1 25 | 4.8% | -3.7% | ||
| Q4 24 | 5.3% | 4.5% | ||
| Q3 24 | 3.2% | 1.1% | ||
| Q2 24 | 1.8% | 7.1% | ||
| Q1 24 | 2.3% | -5.6% |
资本支出强度CHWYW
| Q4 25 | 1.0% | 0.7% | ||
| Q3 25 | 0.9% | 0.9% | ||
| Q2 25 | 1.2% | 0.4% | ||
| Q1 25 | 1.6% | 0.2% | ||
| Q4 24 | 1.1% | 0.6% | ||
| Q3 24 | 1.1% | 0.6% | ||
| Q2 24 | 1.0% | 0.7% | ||
| Q1 24 | 1.1% | 0.5% |
现金转化率CHWYW
| Q4 25 | 3.51× | — | ||
| Q3 25 | 2.16× | — | ||
| Q2 25 | 1.38× | 18.20× | ||
| Q1 25 | 9.10× | — | ||
| Q4 24 | 46.66× | — | ||
| Q3 24 | 0.41× | — | ||
| Q2 24 | 1.22× | — | ||
| Q1 24 | 2.89× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CHWY
暂无分部数据
W
| US Segment | $2.9B | 88% |
| International Segment | $395.0M | 12% |
