Cardinal Health

CAH · Health Care · Market cap $53.0B

Q2 FY26 Oct 1 – Dec 31, 2025 reported Apr 30, 2026

Revenue$65.6B +19% year over year

Gross profit$2.4B

Operating profit$0.7B

Net profit$0.5B 1% margin

Numbers and detail

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Dec 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	65.6	100%	+19%
Pharmaceutical and Specialty	56.1	86%	+10%
Other	6.1	9%
Other Segments	1.7	3%
at-Home Solutions	1.1	2%	+35%
Nuclear Precision Health	0.5	1%	+28%
OptiFreight Logistics	0.1	0%	+32%
Cost of revenue	−63.2	96%
Gross profit	2.4	4% margin	+0pp
SG&A	−1.5	2%	+0pp
Other	−0.2	0%	+0pp
Operating profit	0.7	1% margin	+0pp
Tax	−0.1
Interest & other costs	−0.1
Net profit	0.5	1%	+0pp

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Sep 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	64	100%	+22%
Pharmaceutical and Specialty	59.2	92%	+23%
GMPD	3.2	5%	+2%
All Other Segments	1.6	2%	+38%
Cost of revenue	−61.7	96%
Gross profit	2.3	4% margin	+0pp
SG&A	−1.5	2%	+0pp
Other	−0.2	0%	+0pp
Operating profit	0.7	1% margin	+0pp
Tax	−0.1
Interest & other costs	−0.1
Net profit	0.5	1%	+0pp

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Jun 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	60.2	100%	+0%
Pharmaceutical and Specialty	55.4	92%	+0%
GMPD	3.2	5%	+3%
All Other Segments	1.6	3%	+37%
Cost of revenue	−58	96%
Gross profit	2.2	4% margin	+1pp
SG&A	−1.5	2%	+0pp
Other	−0.3	0%	+0pp
Operating profit	0.4	1% margin	+0pp
Tax	−0.2
Net profit	0.2	0%	+0pp

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Mar 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	54.9	100%	+0%
Pharmaceutical and Specialty	50.4	92%	+0%
GMPD	3.2	6%	+2%
All Other Segments	1.3	2%	+13%
Cost of revenue	−52.8	96%
Gross profit	2.1	4% margin	+0pp
SG&A	−1.3	2%	+0pp
Other	−0.1	0%	+0pp
Operating profit	0.7	1% margin	+1pp
Tax	−0.1
Interest & other costs	−0.1
Net profit	0.5	1%	+0pp

Quarter by quarter

Pick a quarter and the diagram above changes. Bars compare revenue across the quarters we hold.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q2 FY26	Oct 1 – Dec 31, 2025	Apr 30, 2026	$65.6B	+19%	1%	$0.5B	1%
Q1 FY26	Jul 1 – Sep 30, 2025	Oct 30, 2025	$64B	+22%	1%	$0.5B	1%
Q4 FY25	Apr 1 – Jun 30, 2025	Aug 12, 2025	$60.2B	+0%	1%	$0.2B	0%
Q3 FY25	Jan 1 – Mar 31, 2025	May 1, 2025	$54.9B	+0%	1%	$0.5B	1%