Filing Flows › Cardinal Health (CAH) › Q3 FY25
Cardinal Health (CAH) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed May 1, 2025
Cardinal Health (CAH) reported revenue of $54.9B for the third quarter fiscal 2025 (Q3 FY25), 0% from a year earlier and -0.7% from the quarter before. Operating margin was 1.3%, net earnings $508M (0.9% of revenue).
Cardinal Health, Q3 FY25: revenue $54.9B (0% year over year), operating margin 1.3%, net earnings $508M, operating cash flow $2.9B. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $54.9B | -0.7% | 0% |
| Gross profit | $2.1B | +9% | +10% |
| Operating profit | $730M | +33% | +98% |
| Net earnings | $508M | +27% | +94% |
| Operating cash flow | $2.9B | — | — |
| Free cash flow | $2.8B | — | — |
What changed
Revenue was $54.9B in Q3 FY25, roughly flat year over year and down 1% from the previous quarter.
Gross margin was 3.9%, up 0.3 points from a year earlier. Operating profit was $0.73B, a 1.3% margin (up 0.7 points year over year). Of the extra revenue versus a year earlier, 3610% reached operating profit, above the 1% margin then. Operating expenses fell 11% while revenue was flat. Net earnings were $0.51B, up 94% year over year. The effective tax rate was 23.6%.
Operating cash flow was $2.9B, 573% of net earnings. Non-cash charges added back $0.21B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items added $2.2B. Capital expenditures of $0.13B left free cash flow of $2.8B.
Questions
What was Cardinal Health's revenue in the third quarter fiscal 2025?
Cardinal Health (CAH) reported revenue of $54.9B for the third quarter fiscal 2025 (Q3 FY25), 0% from a year earlier and -0.7% from the quarter before.
Was Cardinal Health profitable in the third quarter fiscal 2025?
Operating profit was $730M (1.3% of revenue) and net earnings $508M.
Source: Cardinal Health 10-Q on SEC EDGAR.