Petco Earnings Reports

Petco delivered $1.46 billion in revenue and returned to profitability in Q3 2025, driven by operational improvements and cost control. Despite declining comparable and total sales, the company expanded margins and grew adjusted EBITDA.

Petco posted a modest net profit in Q2 2025 as it improved operating income and gross margins. While sales declined year-over-year, strong execution led to raised full-year earnings guidance.

Petco delivered better-than-expected Q1 2025 results, with gross margin expansion and increased operating income. Revenue and comparable sales declined modestly year over year, but the company reaffirmed its full-year guidance.

In Q4 2024, Petco's revenue declined by 7.3% year-over-year to $1.55 billion, while it narrowed its GAAP net loss to $13.8 million. Adjusted EBITDA was $96.1 million, reflecting a decrease from the prior year. Operating income improved significantly year-over-year, and gross profit experienced a smaller decline relative to revenue.