Filing Flows › Cardinal Health (CAH) › Q3 FY26 › vs Q3 FY25
Cardinal Health (CAH) Q3 FY26 vs Q3 FY25 (year over year)
Cardinal Health's revenue rose $6.1B (+11%) from $54.9B in Q3 FY25 to $60.9B in Q3 FY26. Gross margin 4.1% against 3.9% (+0.2 pts).
Cardinal Health, Q3 FY26: revenue $60.9B (+11% year over year), operating margin 0.8%, net earnings $380M, operating cash flow $1.8B. The chart draws each line against Q3 FY25, the increases inside each band.
Margins
| Q3 FY26 | Q3 FY25 | Change | |
|---|---|---|---|
| Gross margin | 4.1% | 3.9% | +0.2 pts |
| Operating margin | 0.8% | 1.3% | -0.5 pts |
| Net margin | 0.6% | 0.9% | -0.3 pts |
| Free cash flow margin | 2.8% | 5.1% | -2.3 pts |
Every line
| Line | Q3 FY26 | Q3 FY25 | Change | % |
|---|---|---|---|---|
| Revenue | $60.9B | $54.9B | $6.1B | +11% |
| Gross profit | $2.5B | $2.1B | $375M | +18% |
| Cost of revenue | $58.4B | $52.8B | $5.7B | +11% |
| Operating profit | $509M | $730M | −$221M | -30% |
| Operating expenses | $2.0B | $1.4B | $596M | +43% |
| Pre-tax earnings | $392M | $665M | −$273M | -41% |
| SG&A | $1.5B | $1.3B | $227M | +17% |
| Other operating costs | $447M | $78.0M | $369M | +473% |
| Net earnings | $380M | $508M | −$128M | -25% |
| Income tax | $12.0M | $157M | −$145M | -92% |
| Depreciation & amortization | $248M | $207M | $41.0M | +20% |
| Share-based compensation | $129M | $31.0M | $98.0M | +316% |
| Working capital & other | $1.1B | $2.2B | −$1.1B | -51% |
| Operating cash flow | $1.8B | $2.9B | −$1.1B | -38% |
| Free cash flow (OCF − capex) | $1.7B | $2.8B | −$1.1B | -40% |
| Capital expenditures | $146M | $126M | $20.0M | +16% |
Questions
How much did Cardinal Health's revenue grow year over year in Q3 FY26?
Cardinal Health's revenue rose $6.1B (+11%) from $54.9B in Q3 FY25 to $60.9B in Q3 FY26. Gross margin 4.1% against 3.9% (+0.2 pts).