COR · 10-Q · 2026Q2 · Full report

Income Tax Rate Changes

Cencora, Inc. · 2026-08-05 · Importance 18 · Surprise 14

The effective tax rate declined to 22.1% in the June 2026 quarter from 23.0% in the prior-year quarter. The nine-month effective tax rate declined to 21.6% from 22.3% year over year. U.S. state income taxes increased the rates above the U.S. statutory rate, while lower-taxed income and equity-compensation tax benefits reduced the rates. The lower quarterly rate represented a 90-basis-point reduction in the effective rate year over year.

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