Filing Flows › Cardinal Health (CAH) › Q1 FY27 › vs Q3 FY26
Cardinal Health (CAH) Q1 FY27 vs Q3 FY26 (quarter over quarter)
Cardinal Health's revenue rose $3.8B (+6%) from $63.7B in Q3 FY26 to $67.5B in Q1 FY27. Gross margin 3.8% against 4.0% (-0.2 pts).
Cardinal Health, Q1 FY27: revenue $67.5B (+6% year over year), operating margin 1.1%, net earnings $556M, operating cash flow $1.4B. The chart draws each line against Q3 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q3 FY26 | Change | |
|---|---|---|---|
| Gross margin | 3.8% | 4.0% | -0.2 pts |
| Operating margin | 1.1% | 1.1% | -0.0 pts |
| Net margin | 0.8% | 0.6% | +0.2 pts |
| Free cash flow margin | 1.8% | 2.2% | -0.4 pts |
Every line
| Line | Q1 FY27 | Q3 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $67.5B | $63.7B | $3.8B | +6% |
| Gross profit | $2.6B | $2.6B | $36.0M | +1% |
| Cost of revenue | $64.9B | $61.1B | $3.8B | +6% |
| Operating profit | $753M | $729M | $24.0M | +3% |
| Operating expenses | $1.8B | $1.8B | $12.0M | +0.7% |
| Pre-tax earnings | $688M | $554M | $134M | +24% |
| SG&A | $1.6B | $1.6B | −$30.0M | -2% |
| Other operating costs | $248M | $206M | $42.0M | +20% |
| Net earnings | $556M | $400M | $156M | +39% |
| Income tax | $132M | $154M | −$22.0M | -14% |
| Depreciation & amortization | $247M | $241M | $6.0M | +2% |
| Share-based compensation | $109M | $58.0M | $51.0M | +88% |
| Working capital & other | $486M | $993M | −$507M | -51% |
| Operating cash flow | $1.4B | $1.7B | −$294M | -17% |
| Free cash flow (OCF − capex) | $1.2B | $1.4B | −$187M | -13% |
| Capital expenditures | $157M | $264M | −$107M | -41% |
Questions
How much did Cardinal Health's revenue grow quarter over quarter in Q1 FY27?
Cardinal Health's revenue rose $3.8B (+6%) from $63.7B in Q3 FY26 to $67.5B in Q1 FY27. Gross margin 3.8% against 4.0% (-0.2 pts).