Cardinal Health, Inc. (CAH) FY2026 Annual P&L / Income Statement

Revenue by Business Segment

2025-07-01 to 2026-06-30

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Cardinal Health, Inc. (CAH) FY2026 Annual P&L / Income StatementIncome statement for 2025-07-01 through 2026-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUE RECONCILIATIONREVENUEGROSSOPERATINGPRE-TAXNETPharmaceutical and Specialty SolutionsGMPDOther Operating SegmentRevenueRevenue before reconciliation (calculated)Segment Reporting, Reconciling Item, Corporate NonsegmentGross marginCost of products soldOperating earningsOperating costs, net of other operating items (calculated)Distribution, selling, general, and administrative expensesAcquisition-related cash and share-based compensation costs [Line Items]Impairments and (gain)/loss on disposal of assets, netRestructuring and employee severanceLitigation (recoveries)/charges, netAmortization and other acquisition-related costsEarnings before income taxesOther income (expense), net (calculated)Net earningsIncome Tax Expense (Benefit)Revenue before reconciliation (calculated)Revenue beforereconciliation(calculated)$254.34 BEarnings before income taxesEarnings beforeincome taxes$2.17 BRevenueRevenue$254.25 BGross marginGross margin$9.77 BOperating earningsOperating earnings$2.61 BNet earningsNet earnings$1.71 BOperating costs, net of other operating items (calculated)Operating costs,net (calculated)$7.16 BCost of products soldCost of products sold$244.47 BIncome Tax Expense (Benefit)Income TaxExpense (Benefit)$469.00 MDistribution, selling, general, and administrative expensesDistribution, selling, general,and administrative expenses$6.13 BOther income (expense), net (calculated)Other income,net (calculated)−$439.00 MPharmaceutical and Specialty SolutionsPharmaceutical andSpecialty Solutions$234.83 BAcquisition-related cash and share-based compensation costs [Line Items]Acquisition-related cash andshare-based compensation costs$287.00 MImpairments and (gain)/loss on disposal of assets, netImpairments and (gain)/losson disposal of assets, net$177.00 MGMPDGMPD$12.72 BRestructuring and employee severanceRestructuring andemployee severance$106.00 MOther Operating SegmentOther OperatingSegment$6.79 BLitigation (recoveries)/charges, netLitigation(recoveries)/charges, net−$10.00 MSegment Reporting, Reconciling Item, Corporate NonsegmentSegment Reporting,Reconciling Item,Corporate Nonsegment−$96.00 MAmortization and other acquisition-related costsAmortization and otheracquisition-related costs$469.00 M
Chart details

Cardinal Health, Inc. (CAH) FY2026 Annual P&L / Income Statement

Income statement for 2025-07-01 through 2026-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue
254,248,000,000 US dollars
Cost of products sold
244,474,000,000 US dollars
Gross margin
9,774,000,000 US dollars
Operating costs, net of other operating items (calculated)
7,161,000,000 US dollars
Operating earnings
2,613,000,000 US dollars
Other income (expense), net (calculated)
negative 439,000,000 US dollars
Earnings before income taxes
2,174,000,000 US dollars
Income Tax Expense (Benefit)
469,000,000 US dollars
Net earnings
1,705,000,000 US dollars
GMPD
12,719,000,000 US dollars
Other Operating Segment
6,792,000,000 US dollars
Pharmaceutical and Specialty Solutions
234,833,000,000 US dollars
Distribution, selling, general, and administrative expenses
6,132,000,000 US dollars
Restructuring and employee severance
106,000,000 US dollars
Amortization and other acquisition-related costs
469,000,000 US dollars
Acquisition-related cash and share-based compensation costs [Line Items]
287,000,000 US dollars
Impairments and (gain)/loss on disposal of assets, net
177,000,000 US dollars
Litigation (recoveries)/charges, net
negative 10,000,000 US dollars
Revenue before reconciliation (calculated)
254,344,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
Segment Reporting, Reconciling Item, Corporate Nonsegment
negative 96,000,000 US dollars. Reported reconciliation to consolidated revenue.
GMPD costs
12,461,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Other Operating Segment costs
6,085,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Pharmaceutical and Specialty Solutions costs
232,050,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Reconciling items (calculated)
1,039,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
  • Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
  • Of which attributable to Cardinal Health, Inc.: $1.71 B; to noncontrolling interests: −$9.00 M.
Cardinal Health, Inc. (CAH) FY2026 Annual P&L / Income Statement Sankey chart, Business segment view
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

3.8%

Gross profit / revenue

Operating margin

1.0%

Operating profit / revenue

Cash conversion

303.5%

Operating cash / net income, same period

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