PetMed Express (PETS) Balance Sheet: Assets & Liabilities

PetMed Express (PETS) Balance Sheet

As of Mar 31, 2026 (end of fiscal 2026), PetMed Express reported total assets of $81.19M and total liabilities of $52.25M. Shareholders' equity was $28.94M, down 66.0% from $85.13M a year earlier. Total debt stood at $535.00K against $21.41M in cash and short-term investments, a net cash position of $20.88M. That puts debt-to-equity at 0.02, compared with 0.01 a year earlier.

PetMed Express Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

Balance sheet showing assets, liabilities, and shareholders' equity for PetMed Express, Inc. (PETS) - Annual data in millions USD
Breakdown	FY 2026	FY 2025	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Mar 2026	Jun 2025	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017
Current Assets
Cash and Cash Equivalents	21.41	54.72	54.72	55.30	104.09	111.08	118.72	103.76	100.53	77.94	58.73
Cash & Short-Term Investments	21.41	54.72	54.72	55.30	104.09	111.08	118.72	103.76	100.53	77.94	58.73
Accounts Receivable	1.91	2.32	2.32	3.28	1.74	1.91	2.59	3.84	2.54	2.29	1.81
Inventory	13.61	16.21	16.21	28.56	19.02	32.46	34.42	17.88	21.37	23.34	20.23
Other Current Assets	6.64	5.63	5.63	6.33	4.72	5.55	4.50	3.53	1.99	1.67	1.02
Total Current Assets	43.56	78.87	78.87	93.65	130.43	151.00	161.19	129.02	126.43	105.24	81.79
Non-Current Assets
Property, Plant & Equipment (Net)	26.84	29.83	29.83	28.09	26.18	24.46	25.45	25.45	27.14	28.74	30.16
Long-Term Investments	5.30	0.00	5.30	5.30	5.00	24.27	25.55	25.53	0.00	0.00	0.00
Goodwill	0.00	26.66	26.66	26.66	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Intangible Assets	5.49	13.35	8.05	11.20	0.86	0.86	0.86	0.86	0.86	0.86	0.86
Other Non-Current Assets	-5.30	0.00	-	4.99	-5.00	-25.32	-26.31	-26.31	-28.00	0.00	0.00
Total Non-Current Assets	37.63	69.83	-	76.24	37.05	25.32	26.31	26.31	28.00	29.60	31.02
Total Assets	81.19	148.70	148.70	169.88	167.48	176.32	187.50	155.32	154.43	134.84	112.81
Current Liabilities
Accounts Payable	20.91	23.56	23.56	37.02	25.21	27.50	39.55	19.66	16.28	15.27	15.22
Short-Term Debt	0.49	0.46	-	0.46	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Accrued Liabilities	29.93	-	36.58	5.45	4.81	3.92	3.56	-	-	-	-
Deferred Revenue	0.69	2.09	2.09	2.60	0.00	0.00	1.41	0.00	0.00	0.00	0.00
Other Current Liabilities	0.02	36.36	0.08	1.78	30.42	4.48	0.42	4.21	1.94	2.30	2.48
Total Current Liabilities	52.03	62.77	62.77	72.16	57.51	33.20	44.94	24.34	18.63	18.11	18.36
Non-Current Liabilities
Long-Term Debt	0.04	0.54	-	1.00	1.00	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax Liabilities	0.18	0.26	0.26	0.00	2.53	0.94	1.28	0.97	1.12	1.00	1.09
Other Non-Current Liabilities	0.18	0.00	0.26	0.00	3.83	0.00	0.00	0.00	0.00	0.00	0.00
Total Non-Current Liabilities	0.22	0.80	0.80	1.00	2.53	0.94	1.28	0.97	1.12	1.00	1.09
Total Liabilities	52.25	63.57	63.57	73.15	57.51	34.13	46.22	25.31	19.75	19.11	19.44
Stockholders' Equity
Common Stock	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02
Retained Earnings	9.26	66.54	66.54	71.56	91.66	130.50	134.14	126.18	122.17	106.32	86.53
Accumulated Other Comprehensive Income	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00	-6.17	-4.05
Additional Paid-in Capital	19.65	18.56	-	25.15	18.28	11.66	7.11	3.80	12.48	9.38	6.81
Shares Outstanding	21.39	-	-	21.15	21.08	20.98	20.27	-	-	-	-
Total Stockholders' Equity	28.94	85.13	85.13	96.73	109.97	142.19	141.28	130.01	134.68	115.73	93.37
Total Liabilities & Equity	81.19	148.70	-	169.88	167.48	176.32	187.50	155.32	154.43	134.84	112.81

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About PetMed Express Balance Sheet

How much debt does PetMed Express have?

PetMed Express had total debt of $535.00K as of Mar 31, 2026, against $21.41M in cash and short-term investments. Its debt-to-equity ratio was 0.02. Total debt was $996.00K a year earlier.

What are PetMed Express's total assets?

PetMed Express reported total assets of $81.19M as of Mar 31, 2026, down 45.4% from $148.70M a year earlier. Total liabilities were $52.25M.

What is PetMed Express's shareholders' equity?

PetMed Express's shareholders' equity was $28.94M as of Mar 31, 2026, or about $1.35 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition