FORM 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THESECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2025 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THESECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to _____________ Commission file number: 000-28827________________________ PETMED EXPRESS, INC. (Exact name of registrant as specified in its charter)________________________ FLORIDA 65-0680967 (I.R.S. EmployerIdentification No.) (State or other jurisdiction ofincorporation or organization) 420 South Congress Avenue, Delray Beach, Florida 33445(Address of principal executive offices, including zip code) (561) 526-4444(Registrant’s telephone number, including area code) N/A(Former name, former address and former fiscal year, if changed since last report) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities ExchangeAct of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) hasbeen subject to such filing requirements for the past 90 days. YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T (§ 229.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant wasrequired to submit such files).YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reportingcompany, or an emerging growth company. See definition of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and“emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filerNon-accelerated filerEmerging growth company Accelerated FilerSmaller reporting company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (defined in Rule 12b-2 of the Exchange Act).YesNo Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: 21,400,495shares of Common Stock, $.001 par value per share, at January30, 2026. PART I - FINANCIAL INFORMATION CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS In addition to historical information, certain information in this Quarterly Report on Form 10-Q includes forward-looking statementswithin the meaning of Section 27A of the Securities Act of 1933, as amended ("Securities Act") and Section 21E of the SecuritiesExchange Act of 1934, as amended ("Exchange Act"). All statements, other than statements of historical facts, including statementsconcerning our plans, objectives, goals, beliefs, business strategies, future events, business conditions, our results of operations, financialposition and our business outlook, business trends and other information, may be forward-looking statements. You can identify theseforward-lookingstatements by the words"believes,""intends,""expects,"“might,”"may,""will,""should,""plans,""projects,""contemplates," "intends," "budgets," “potential,” "predicts," "estimates," "anticipates," “future,” “goal,” and variations of such words orsimilar expressions. These statements are based on our beliefs, as well as assumptions we have used based upon information currentlyavailable to us. Because these statements reflect our current views concerning future events, these statements involve risks, uncertainties,and assumptions, many of which, by their nature, are inherently uncertain and beyond our control. Our expectations, beliefs, estimates andprojections are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance thatmanagement’s expectations, beliefs, estimates and projections will result or be achieved, and actual future results may differ materiallyfrom what is expressed in or indicated by the forward-looking statements. Factors that might cause such differences include, but are notlimited to, those discussed in Part I, Item 1A, under the heading “Risk Factors,” in our Annual Report on Form 10-K for the year endedMarch31, 2025 filed with the Securities and Exchange Commission (“SEC”) on October 14, 2025, and under “Part II, Item 1A., RiskFactors” in this Quarterly Report on Form 10-Q, if and as such risk factors may be updated from time to time in our periodic filings withthe SEC. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements, and a reader,whether i