CAH · 10-Q · 2026Q3 · Full report
Acquisitions and Partnerships
CARDINAL HEALTH INC · 2026-11-05 · Importance 53 · Surprise 60 · From source text
On November 3, 2025, Cardinal Health completed its acquisition of Solaris Health, a urology managed services organization, through The Specialty Alliance for approximately $1.9 billion in cash, subject to adjustments. The preliminary purchase-price allocation included $1.726 billion of goodwill, and the allocation remained subject to valuation and working-capital adjustments. Solaris-related transaction and integration costs were incurred in the three months ended September 30, 2026, although the filing text does not provide the amount.
Key facts
- Acquisition transaction and integration costs were $82 million in the three months ended September 30, 2026, compared with $17 million in the prior-year quarter. source
- Acquisition-related cash and share-based compensation costs were $94 million in the three months ended September 30, 2026, compared with $64 million in the prior-year quarter, primarily driven by The Specialty Alliance acquisitions. source
- Cardinal Health amended its Red Oak Sourcing agreement in August 2021 to extend the term through June 2029 and is required to make quarterly payments to CVS Health for the term of the arrangement. source
- Cardinal Health completed its acquisition of Solaris Health, a urology MSO, through The Specialty Alliance on November 3, 2025, for approximately $1.9 billion in cash, subject to certain adjustments. source
- Goodwill acquired in the Solaris Health acquisition was $1.726 billion, and total net assets acquired were $2.137 billion. source
- Amortization of acquisition-related intangible assets was $100 million in the three months ended September 30, 2026, compared with $87 million in the prior-year quarter. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | negative | realized | -0.1% | Acquisition transaction and integration costs were $82 million in the three months ended September 30, 2026, compared with $17 million in… |
| operating_income | negative | realized | -0.0% | Acquisition-related cash and share-based compensation costs were $94 million in the three months ended September 30, 2026, compared with… |
| cash | negative | committed | — | Cardinal Health amended its Red Oak Sourcing agreement in August 2021 to extend the term through June 2029 and is required to make… |