MCK · 8-K · 20260805PR000232

Operating Expense Trends

MCKESSON CORP · 2026-08-05 · Importance 45 · Surprise 50

GAAP selling, distribution, general, and administrative expense increased 3% year over year to $2.264 billion from $2.196 billion. Total operating expenses increased 5% to $2.366 billion, including $136 million of restructuring, impairment, and related charges versus $47 million in the prior-year quarter. Fiscal 2027 restructuring charges were primarily recorded in Prescription Technology Solutions, Corporate Expenses, and Medical-Surgical Solutions, while $68 million of transaction-related separation costs were recorded in Medical-Surgical Solutions and Corporate Expenses.

Key facts

• Three months ended June 30, 2026: total operating expenses (GAAP) $2,366 million, increased 5% versus prior year. source
• Restructuring, impairment, and related charges for three months ended June 30, 2026 include pre-tax charges of $136 million ($100 million after-tax), primarily within Prescription Technology Solutions, Corporate Expenses, net, and Medical-Surgical Solutions. source
• During the first three months, McKesson invested $152 million in capital expenditures. source