MCK · 8-K · 20260805PR000232

Net Income and EPS Performance

MCKESSON CORP · 2026-08-05 · Importance 43 · Surprise 66

GAAP net income attributable to McKesson fell 22% year over year to $614 million from $784 million, and diluted EPS declined 18% to $5.15 from $6.25. The decline primarily reflected a $293 million redemption-value adjustment for redeemable noncontrolling interests in Medical-Surgical Solutions. Adjusted earnings per diluted share increased 20% to $9.93 from $8.26, supported by operational growth and a 5% reduction in diluted weighted-average shares to 119.2 million.

Key facts

• Adjusted Earnings per Diluted Share increased to $9.93 from $8.26, a 20% increase, driven by strong operational growth and a lower share count. source
• Adjusted Earnings per Diluted Share for the first quarter: $9.93, increased 20%. source
• First quarter GAAP net income attributable to McKesson Corporation: $614 million, compared to $784 million prior year (down 22%). source
• Schedule 1: Net income (GAAP) for the quarter: $1,032 million versus $831 million prior year (up 24%). source
• Earnings per diluted share for the first quarter: $5.15, decreased $1.10 versus prior year. source