September 21, 202613 min readChewy FY2026 Q2 Earnings: 84.6% Autoship, $80.5M Net IncomeChewy's 84.6% Autoship share measures customer spending, not contracted revenue: Q2 sales rose 7.3% to $3.33B while free cash flow fell 15.5% to $89.5M.Mike Thriftchewyopen-ledgerfinancial-analysis