MCK · Q3 FY26 · Oct 1 – Dec 31, 2025
McKesson Q3 FY26: where the revenue came from and where it went
McKesson Q3 FY26: revenue $106.2B (+11% year over year). Net profit $1.2B. Largest cohort North American Pharmaceutical $88.3B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Oct 1 – Dec 31, 2025
- Reported
- Feb 4, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$106.2B
+11% year over year
Gross profit$3.7B
3% margin
Operating profit$1.6B
2% margin
Net profit$1.2B
1% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 106.2 | 100% | +11% |
| North American Pharmaceutical | 88.3 | 83% | |
| Oncology & Multispecialty | 13 | 12% | |
| Medical-Surgical Solutions | 3 | 3% | +1% |
| Prescription Technology | 1.5 | 1% | +9% |
| Other | 0.3 | 0% | |
| Cost of revenue | −102.5 | 97% | |
| Gross profit | 3.7 | 3% margin | +0pp |
| SG&A | −2.1 | 2% | +0pp |
| Operating profit | 1.6 | 2% margin | +0pp |
| Tax | −0.3 | ||
| Interest & other costs | −0.1 | ||
| Net profit | 1.2 | 1% | +0pp |
Older quarters
-
Q2 FY26 9/2025Revenue $103.2B Net margin 1%
-
Q1 FY26 6/2025Revenue $97.8B Net margin 1%
-
Q3 FY25 12/2024Revenue $95.3B Net margin 1%
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