COR · 8-K · 20260805PR000032

Operating Income and Margins

Cencora, Inc. · 2026-08-05 · Importance 41 · Surprise 48 · No source text

GAAP operating income increased 29.1% year over year to $1.1 billion, and GAAP operating margin expanded 24 basis points to 1.32%. Adjusted operating income increased 17.0% to $1.2 billion, with adjusted operating margin rising 15 basis points to 1.46%. U.S. Healthcare Solutions operating income rose 15.9% to $966.2 million, International Healthcare Solutions increased 20.8% to $165.9 million, and Other increased 24.8% to $108.7 million. The consolidated improvement reflected higher gross profit, partly offset by higher operating expenses.

Key facts

• U.S. Healthcare Solutions segment operating income in third quarter fiscal 2026: $966.2 million, up 15.9% year-over-year source
• Third quarter fiscal 2026 operating income (GAAP): $1.1 billion, an increase of 29.1 percent year-over-year source
• International Healthcare Solutions segment operating income in third quarter fiscal 2026: $165.9 million, up 20.8% year-over-year source
• Other segment operating income in third quarter fiscal 2026: $108.7 million, up 24.8% year-over-year source
• Third quarter fiscal 2026 adjusted diluted EPS: $4.48, up 12.0 percent from $4.00 prior year third quarter source
• Third quarter fiscal 2026 GAAP diluted EPS: $3.94 source
• Operating income as a percentage of revenue in third quarter fiscal 2026 (GAAP): 1.32%, up 24 basis points from prior year quarter source

Impact estimates