WOOF

MKT CAP:$838M

Petco Health and Wellness Company, Inc.

Market Cap

$838M

Consumer Cyclical·Specialty Retail·🇺🇸 United States·NASDAQ

Consumer Cyc.·Specialty Retail·🇺🇸·NASDAQ

Stock Price

$2.99+$0.14 (+4.91%)

Apr 23, 2026

Company Details

Petco Health and Wellness Company, Inc., a health and wellness company, focuses on enhancing the lives of pets, pet parents, and its Petco partners. The company provides veterinary care, grooming, training, tele-health, and Vital Care and p...

CEO

Joel D. Anderson

IPO Date

Jan 14, 2021

Website

corporate.petco.com

Key Metrics TTM

Revenue

$6.0B

-3.9% YoY

Net Income

-$2M

EPS (Diluted)

-$0.01

Free Cash Flow

$130M

Revenue / Share

$20.81

Gross Margin

37.7%

Operating Margin

1.9%

Net Margin

-0.0%

FCF Margin

2.2%

P/S

0.1x

P/E

—

Earnings Reports

FY 2025

Mar 13, 2026

$6.0B-2.5%EPS $0.03

Q3 2025

Dec 5, 2025

$1.5B-3.1%EPS $0.03

Q2 2025

Aug 29, 2025

$1.5B-2.3%EPS $0.05

Q1 2025

Jun 6, 2025

$1.5B-2.3%EPS -$0.04

FY 2024

Mar 31, 2025

$6.1B-2.2%EPS -$0.37

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q3 19	$1.1B	$472M	$24M
Q2 21	$1.4B	$599M	$73M
Q2 22	$1.5B	$594M	$50M
Q3 22	$1.5B	$598M	$48M
Q4 22	$1.6B	$627M	$78M
Q1 23	$1.6B	$604M	$28M
Q2 23	$1.5B	$593M	$24M
Q3 23	$1.5B	$550M	-$9M
Q4 23	$1.7B	$606M	$166.0K
Q1 24	$1.5B	$579M	-$17M
Q2 24	$1.5B	$581M	$2M
Q3 24	$1.5B	$526M	$10M
Q4 24	$1.6B	$539M	$25M
Q1 25	$1.5B	$570M	$16M
Q2 25	$1.5B	$585M	$43M
Q3 25	$1.5B	$569M	$29M

Valuation

Quarter	P/S	P/E
Q3 19	—	—
Q2 21	1.1x	—
Q2 22	0.7x	124.0x
Q3 22	0.5x	34.9x
Q4 22	0.5x	21.5x
Q1 23	0.4x	41.1x
Q2 23	0.4x	60.5x
Q3 23	0.2x	—
Q4 23	0.1x	—
Q1 24	0.1x	—
Q2 24	0.1x	—
Q3 24	0.2x	—
Q4 24	0.1x	—
Q1 25	0.1x	—
Q2 25	0.1x	—
Q3 25	0.1x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 19	-$4M	-$48M
Q2 21	$87M	$35M
Q2 22	$43M	-$28M
Q3 22	$109M	$33M
Q4 22	$137M	$71M
Q1 23	$38M	-$24M
Q2 23	$97M	$45M
Q3 23	$34M	-$28M
Q4 23	$47M	-$2M
Q1 24	-$8M	-$41M
Q2 24	$69M	$42M
Q3 24	$21M	-$10M
Q4 24	$96M	$59M
Q1 25	-$15M	-$44M
Q2 25	$86M	$54M
Q3 25	$90M	$61M

Capital Expenditures

Quarter	CapEx
Q3 19	$43M
Q2 21	$53M
Q2 22	$70M
Q3 22	$76M
Q4 22	$66M
Q1 23	$62M
Q2 23	$52M
Q3 23	$63M
Q4 23	$49M
Q1 24	$33M
Q2 24	$27M
Q3 24	$31M
Q4 24	$37M
Q1 25	$28M
Q2 25	$32M
Q3 25	$29M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	+35.1%	+33.3%
Q3 22	+36.9%	+35.4%
Q4 22	+44.4%	+40.3%
Q1 23	+8.5%	+12.3%
Q2 23	+3.4%	+5.3%
Q3 23	-0.5%	+3.4%
Q4 23	+6.1%	+11.6%
Q1 24	-1.7%	+1.2%
Q2 24	-0.5%	+1.0%
Q3 24	+1.2%	-0.1%
Q4 24	-7.3%	-8.8%
Q1 25	-2.3%	-4.5%
Q2 25	-2.3%	-5.0%
Q3 25	-3.1%	-4.4%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 19	$3M	0.3%
Q2 21	$12M	0.8%
Q2 22	$13M	0.9%
Q3 22	$16M	1.1%
Q4 22	$20M	1.3%
Q1 23	$22M	1.4%
Q2 23	$24M	1.6%
Q3 23	$18M	1.2%
Q4 23	$17M	1.0%
Q1 24	$17M	1.1%
Q2 24	$12M	0.8%
Q3 24	$11M	0.8%
Q4 24	$10M	0.6%
Q1 25	$9M	0.6%
Q2 25	$9M	0.6%
Q3 25	$7M	0.5%

OpEx Breakdown

Quarter	G&A	S&M	SG&A
Q3 19	$428M	$20M	—
Q2 21	—	—	$526M
Q2 22	—	—	$544M
Q3 22	—	—	$550M
Q4 22	—	—	$550M
Q1 23	—	—	$577M
Q2 23	—	—	$569M
Q3 23	—	—	$559M
Q4 23	—	—	$606M
Q1 24	—	—	$595M
Q2 24	—	—	$578M
Q3 24	—	—	$516M
Q4 24	—	—	$514M
Q1 25	—	—	$554M
Q2 25	—	—	$542M
Q3 25	—	—	$540M

Revenue Segments

Quarter	Consumables	Services And Other	Supplies And Companion Animals
Q2 21	$612M	$159M	$664M
Q2 22	$687M	$193M	$601M
Q3 22	$721M	$205M	$575M
Q4 22	$766M	$216M	$596M
Q1 23	$763M	$239M	$554M
Q2 23	$734M	$252M	$545M
Q3 23	$733M	$236M	$525M
Q4 23	$833M	$254M	$587M
Q1 24	$764M	$249M	$516M
Q2 24	$745M	$260M	$519M
Q3 24	$753M	$248M	$510M
Q1 25	$748M	$252M	$494M
Q2 25	$730M	$263M	$496M
Q3 25	$731M	$255M	$478M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$191M	$0	$191M
Q2 22	$125M	$0	$125M
Q3 22	$149M	$0	$149M
Q4 22	$202M	$0	$202M
Q1 23	$149M	$0	$149M
Q2 23	$173M	$0	$173M
Q3 23	$140M	$0	$140M
Q4 23	$125M	$0	$125M
Q1 24	$90M	$0	$90M
Q2 24	$128M	$0	$128M
Q3 24	$117M	$0	$117M
Q4 24	$166M	$0	$166M
Q1 25	$133M	$0	$133M
Q2 25	$189M	$0	$189M
Q3 25	$237M	$0	$237M
Q4 25	$257M	$0	$257M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q3 19	1.46B	+0.1%	—
Q2 21	265M	-81.8%	—
Q2 22	266M	+0.2%	-81.8%
Q3 22	266M	+0.0%	-81.8%
Q4 22	266M	+0.1%	-81.7%
Q1 23	266M	+0.1%	+0.5%
Q2 23	267M	+0.3%	+0.5%
Q3 23	268M	+0.3%	+0.7%
Q4 23	269M	+0.3%	+0.9%
Q1 24	270M	+0.4%	+1.2%
Q2 24	273M	+1.2%	+2.2%
Q3 24	274M	+0.5%	+2.5%
Q4 24	276M	+0.7%	+2.9%
Q1 25	278M	+0.4%	+2.9%
Q2 25	286M	+3.0%	+4.6%
Q3 25	288M	+0.9%	+5.0%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q3 19	—	—
Q2 21	$53.0K	27K
Q2 22	$52.0K	28K
Q3 22	$52.7K	28K
Q4 22	$54.4K	29K
Q1 23	$53.7K	29K
Q2 23	$52.8K	29K
Q3 23	$51.5K	29K
Q4 23	$57.7K	29K
Q1 24	$52.7K	29K
Q2 24	$52.5K	29K
Q3 24	$52.1K	29K
Q4 24	$53.5K	29K
Q1 25	$51.5K	29K
Q2 25	$51.3K	29K
Q3 25	$50.5K	29K

Revenue / Employee