COR · 10-Q · 2026Q2 · Full report

FX / Currency Headwinds

Cencora, Inc. · 2026-08-05 · Importance 37 · Surprise 6

Cencora has foreign-exchange exposure primarily to the U.K. pound sterling, euro, Turkish lira, Brazilian real, and Canadian dollar through its non-U.S. operations. Foreign operations represented approximately 10% of consolidated revenue during the nine months ended June 30, 2026. The company uses forward contracts for certain intercompany balances and euro-denominated parent-level debt to offset part of its net investment exposure in euro-denominated subsidiaries.

Key facts

• We have exposure to foreign exchange risk primarily with the U.K. Pound Sterling, the Euro, the Turkish Lira, the Brazilian Real, and the Canadian Dollar and we use forward contracts to hedge certain intercompany receivable and payable balances. source