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STATES\n\nSECURITIES AND EXCHANGE COMMISSION\n\nWashington, D.C. 20549\n\nFORM 10-K\n\nx ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\nFor the fiscal year ended March 31, 2026\n\nOR\n\no TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\nFor the transition period from __________ to __________\n\nCommission File Number 000-28827\n\n_____________________________________________________________________\n\nPETMED EXPRESS, INC.\n\n(Exact name of registrant as specified in its charter)\n\nFlorida65-0680967\n\n(State or other jurisdiction of\nincorporation or organization)(IRS Employer\nIdentification No.)\n\n420 South Congress Avenue, Delray Beach, Florida 33445\n\n(Address of principal executive offices) (Zip Code)\n\nRegistrant’s telephone number, including area code: (561) 526-4444\n\nSecurities registered pursuant to Section 12(b) of the Act:\n\nTitle of each classTrading SymbolName of each exchange on which registered\n\nCommon Stock, PETS\n$.001 Par value per share\nPETS\nThe NASDAQ Stock Market LLC\n\n(NASDAQ Global Select Market)\n\nPreferred Stock Purchase Rights\n\nN/A\n\nThe NASDAQ Stock Market LLC\n\n(NASDAQ Global Select Market)\n\nSecurities registered under Section 12(g) of the Act:\n\nNONE\n\n_____________________________________________________________________\n\nIndicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes o No x\n\nIndicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes o No x\n\nIndicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No o\n\nIndicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes x No o\n\nIndicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, 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.\n\nLarge accelerated fileroAccelerated filero\n\nNon-accelerated filerxSmaller reporting company x\n\nEmerging growth companyo\n\nIf an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o\n\nIndicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. o\n\nIf securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements. x\n\nIndicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b). o\n\nIndicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes o No x\n\nThe aggregate market value of the registrant’s Common Stock held by non-affiliates of the registrant as of September 30, 2025, the last business day of the registrant’s most recently completed second fiscal quarter, was $46.0 million based on the closing sales price of the registrant’s Common Stock on that date, as reported on the NASDAQ Global Select Market.\n\nThe number of shares of the registrant’s Common Stock outstanding as of May 22, 2026 was 21,365,782.\n\nDOCUMENTS INCORPORATED BY REFERENCE\n\nInformation to be set forth in our proxy statement relating to our 2026 Annual Meeting of Shareholders is incorporated by reference into Part III of this Annual Report on Form 10-K where indicated. Such proxy statement will be filed with the Securities and Exchange Commission within 120 days of our fiscal year ended March 31, 2026.\n\nPETMED EXPRESS, INC.\n\nMarch 31, 2026 Annual Report on Form 10-K\n\nTABLE OF CONTENTS\n\nPage\n\n[PART I](#i5612d35ddc704c22b6b8aabf807e450f_10)\n\n[1](#i5612d35ddc704c22b6b8aabf807e450f_10)\n\n[Item 1.](#i5612d35ddc704c22b6b8aabf807e450f_13)\n\n[Business](#i5612d35ddc704c22b6b8aabf807e450f_13)\n\n[1](#i5612d35ddc704c22b6b8aabf807e450f_13)\n\n[Item 1A.](#i5612d35ddc704c22b6b8aabf807e450f_16)\n\n[Risk Factors](#i5612d35ddc704c22b6b8aabf807e450f_16)\n\n[9](#i5612d35ddc704c22b6b8aabf807e450f_16)\n\n[Item 1B.](#i5612d35ddc704c22b6b8aabf807e450f_19)\n\n[Unresolved Staff Comments](#i5612d35ddc704c22b6b8aabf807e450f_19)\n\n[23](#i5612d35ddc704c22b6b8aabf807e450f_19)"}