Company profile

Nasdaq: PETS

PETMED EXPRESS INC

PETMED EXPRESS INC (PETS) is a U.S. SEC registrant. The Commission classifies the issuer under SIC 5912 (Retail-Drug Stores and Proprietary Stores).

CIK
0001040130
Research Profile
Apex · 90
Coverage
Universe
Profile updated
Sep 17, 2026
Business
Retail-Drug Stores and Proprietary Stores
Exchange / ticker
Nasdaq: PETS
Industry
Consumer
Headquarters
United States
Latest revenue
$41M
Latest filing
10-Q · Aug 13, 2026
Coverage status
Universe only
Taxonomy
US-GAAP

Company overview

What does PETMED EXPRESS INC do?

PETMED EXPRESS INC (PETS) is a U.S. SEC registrant. The Commission classifies the issuer under SIC 5912 (Retail-Drug Stores and Proprietary Stores).

What does PETMED EXPRESS INC do?

PETMED EXPRESS INC (PETS) is a U.S. SEC registrant. The Commission classifies the issuer under SIC 5912 (Retail-Drug Stores and Proprietary Stores).

What industry is PETMED EXPRESS INC in?

Consumer · Retail-Drug Stores and Proprietary Stores

What was PETMED EXPRESS INC's latest reported revenue?

$41M for Q2 2026, from 10-Q filed Aug 13, 2026.

What changed in the latest comparable period?

Revenue declined -19.9% ($51.2M to $41.0M; Q2 2025 vs Q2 2026).

Business model (from the public record)

Belvedere describes the business using the issuer’s SEC classification and the company description extracted from public filings. Segment mix, customer identity, and recurring-versus-transactional revenue are shown only when those facts are identified in the filing extract—not inferred.

Consumer · Retail-Drug Stores and Proprietary Stores · United States

Financial profile

Revenue
$41M
10-Q · Q2 2026 · Filed Aug 13, 2026
Revenue growth YoY
-19.9%
Belvedere calculation · 10-Q · Q2 2026 · Filed Aug 13, 2026
Gross margin
+27.6%
Belvedere calculation · 10-Q · Q2 2026 · Filed Aug 13, 2026
Operating margin
-15.2%
Belvedere calculation · 10-Q · Q2 2026 · Filed Aug 13, 2026
Net income
-$6.1M
10-Q · Q2 2026 · Filed Aug 13, 2026
Operating cash flow
-$7.7M
10-Q · Q2 2026 · Filed Aug 13, 2026
Capex
$641,000
10-Q · Q2 2026 · Filed Aug 13, 2026
Belvedere FCF
-$8.3M
Belvedere calculation · 10-Q · Q2 2026 · Filed Aug 13, 2026
FCF margin
-20.3%
Belvedere calculation · 10-Q · Q2 2026 · Filed Aug 13, 2026
Cash
$13.1M
10-Q · Jun 30, 2026 · Filed Aug 13, 2026
Debt
Not identified in latest matched XBRL period
Net debt
-$13.1M
Belvedere calculation · 10-Q · Jun 30, 2026 · Filed Aug 13, 2026
Shares
21,682,381
10-Q · Jun 30, 2026 · Filed Aug 13, 2026

Balance sheet snapshot

Cash $13.1M. Identified debt . Net debt -$13.1M. Missing debt tags are not treated as a zero-debt capital structure.

Financial information is derived from public filings and other identified sources. Belvedere calculations may differ from company-defined non-GAAP measures. See methodology and source notes. Valuation multiples are omitted because a licensed market-data provider is not configured.

Latest filings

FormFiledPeriodAccessionSource
8-KSep 17, 2026Sep 17, 20260001040130-26-000045SEC
10-QAug 13, 2026Jun 30, 20260001040130-26-000041SEC
8-KAug 13, 2026Aug 13, 20260001040130-26-000040SEC
8-KAug 12, 2026Aug 11, 20260001040130-26-000036SEC
8-KJul 23, 2026Jul 23, 20260001040130-26-000029SEC
8-KJun 26, 2026Jun 23, 20260001040130-26-000027SEC
DEF 14AJun 25, 2026Aug 11, 20260001040130-26-000023SEC
10-KJun 2, 2026Mar 31, 20260001040130-26-000019SEC
8-KJun 2, 2026Jun 2, 20260001040130-26-000016SEC
8-KMay 21, 2026May 15, 20260001040130-26-000010SEC
10-QFeb 5, 2026Dec 31, 20250001040130-26-000007SEC
8-KJan 23, 2026Jan 21, 20260001040130-26-000002SEC
8-K/ADec 29, 2025Dec 8, 20250001040130-25-000112SEC
10-QDec 19, 2025Sep 30, 20250001040130-25-000108SEC
10-QDec 19, 2025Jun 30, 20250001040130-25-000106SEC
DEF 14ADec 10, 2025Jan 21, 20260001040130-25-000099SEC
8-KDec 9, 2025Dec 8, 20250001040130-25-000097SEC

What changed

Revenue-19.9%Revenue declined -19.9% ($51.2M to $41.0M; Q2 2025 vs Q2 2026).
Gross margin$0.28Reported gross margin was +27.6% in the latest comparable period.
Operating cash flow-$7.7MNet cash used in operating activities was -$7.7M.
Cash$13.1MCash and cash equivalents were $13.1M as of the latest reported balance-sheet date.
Shares outstanding$21.7MShares outstanding were 21,682,381 as of the latest reported date.

Each line is an arithmetic comparison of sourced facts. It is not a thesis.

Research view

Belvedere has not published an initiation or update on PETMED EXPRESS INC. Universe inclusion is not a rating, a forecast, or coverage in the sell-side sense.

Research Radar

KindChangeExplanationSourceDate
Revenue-19.9%Revenue declined -19.9% ($51.2M to $41.0M; Q2 2025 vs Q2 2026).10-Q · RevenueFromContractWithCustomerExcludingAssessedTaxAug 13, 2026
Margin change$0.276Reported gross margin was +27.6% in the latest comparable period.10-Q · BelvedereGrossMarginAug 13, 2026
Cash generation$-7.7MNet cash used in operating activities was -$7.7M.10-Q · NetCashProvidedByUsedInOperatingActivitiesAug 13, 2026
Cash$13.1MCash and cash equivalents were $13.1M as of the latest reported balance-sheet date.10-Q · CashAndCashEquivalentsAtCarryingValueAug 13, 2026
Share count$21.7MShares outstanding were 21,682,381 as of the latest reported date.10-Q · CommonStockSharesOutstandingAug 13, 2026

Open the full Research Radar

Rankings

Industry context

PETMED EXPRESS INC is mapped to Consumer (Retail-Drug Stores and Proprietary Stores) from SIC metadata on the SEC submission. Mapping is a classification convenience, not a claim that every peer is economically comparable.

Belvedere Research Profile

ApexResearch Profile Index 90

This measures researchable information characteristics. It is not investment advice, a credit rating, or a buy/sell/hold recommendation.

Financial Disclosure99

Presence of core income-statement, cash-flow and balance-sheet concepts in SEC XBRL.

Operating Visibility100

Comparable-period revenue history and operating-result availability.

KPI Transparency100

Availability of margin, cash-flow and per-share concepts used in screening.

Investor Information80

SEC periodic reports, current reports, proxy statement and website identified in submissions.

Financial History69

Distinct filing years in the current archive window plus comparable prior-period revenue.

Research Profile methodology

Risks

Belvedere does not manufacture generic risk language. Material risks are those the issuer discloses in its periodic reports, particularly Item 1A of the latest Form 10-K.

Open latest Form 10-K on SEC.gov

Sources

Revenue: $41M
Source
U.S. Securities and Exchange Commission
Form
10-Q
Period
Q2 2026
Filed
Aug 13, 2026
Accession
0001040130-26-000041
Concept
RevenueFromContractWithCustomerExcludingAssessedTax
View filing
Revenue growth (Belvedere calculation)
Source
U.S. Securities and Exchange Commission
Form
10-Q
Period
Q2 2026
Filed
Aug 13, 2026
Accession
0001040130-26-000041
Concept
BelvedereRevenueGrowthYoY

(RevenueFromContractWithCustomerExcludingAssessedTax 2026-06-30 / RevenueFromContractWithCustomerExcludingAssessedTax 2025-06-30) - 1

View filing
Free cash flow (Belvedere calculation)
Source
U.S. Securities and Exchange Commission
Form
10-Q
Period
Q2 2026
Filed
Aug 13, 2026
Accession
0001040130-26-000041
Concept
BelvedereFreeCashFlow

Net cash provided by operating activities − payments to acquire property, plant and equipment

View filing
Cash
Source
U.S. Securities and Exchange Commission
Form
10-Q
Period
Jun 30, 2026
Filed
Aug 13, 2026
Accession
0001040130-26-000041
Concept
CashAndCashEquivalentsAtCarryingValue
View filing

Disclosure

Belvedere Research publishes informational analysis. Nothing on this site is investment advice, an offer, or a solicitation to buy or sell any security.

This page is a company intelligence / data profile. It is not a research report unless a dated note is attached above. Rankings appearing here are independent of any issuer compensation.

Frequently asked questions

What does PETMED EXPRESS INC do?
PETMED EXPRESS INC (PETS) is a U.S. SEC registrant. The Commission classifies the issuer under SIC 5912 (Retail-Drug Stores and Proprietary Stores).
What industry is PETMED EXPRESS INC in?
PETMED EXPRESS INC is classified in Consumer (Retail-Drug Stores and Proprietary Stores).
When did PETMED EXPRESS INC last file a periodic report?
PETMED EXPRESS INC last filed a 10-Q on Aug 13, 2026 (accession 0001040130-26-000041).
What was PETMED EXPRESS INC's latest revenue?
$41M for Q2 2026, sourced from 10-Q filed Aug 13, 2026.
Does Belvedere cover PETMED EXPRESS INC?
PETMED EXPRESS INC is in the Belvedere universe. Presence in the universe is not the same as active initiation coverage.