COR · 8-K · 20260805PR000032
Income Tax Rate Changes
Cencora, Inc. · 2026-08-05 · Importance 25 · Surprise 32
The GAAP effective tax rate declined to 22.1% in the third quarter from 23.0% in the prior-year quarter. The adjusted effective tax rate declined to 19.9% from 20.7%. Third-quarter GAAP income tax expense was $219.7 million on $996.4 million of income before taxes, while adjusted income tax expense was $219.0 million on $1.102 billion of adjusted income before taxes. Fiscal 2026 guidance assumes an adjusted effective tax rate of approximately 20%, compared with 20.6% in fiscal 2025.