Filing Flows › Cardinal Health (CAH) › Q4 FY25
Cardinal Health (CAH) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Aug 12, 2025
Cardinal Health (CAH) reported revenue of $60.2B for the fourth quarter fiscal 2025 (Q4 FY25), +0.5% from a year earlier and +10% from the quarter before. Operating margin was 0.7%, net earnings $243M (0.4% of revenue).
Cardinal Health, Q4 FY25: revenue $60.2B (+0.5% year over year), operating margin 0.7%, net earnings $243M, operating cash flow $1.5B. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $60.2B | +10% | +0.5% |
| Gross profit | $2.2B | +4% | +17% |
| Operating profit | $428M | -41% | +7% |
| Net earnings | $243M | -52% | +4% |
| Operating cash flow | $1.5B | -48% | -27% |
| Free cash flow | $1.3B | -54% | -31% |
What changed
Revenue was $60.2B in Q4 FY25, roughly flat year over year and up 10% from the previous quarter.
Gross margin was 3.7%, up 0.5 points from a year earlier. Operating profit was $0.43B, a 0.7% margin (unchanged year over year). Of the extra revenue versus a year earlier, 9% reached operating profit, above the 1% margin then. Operating expenses grew 20% against flat revenue. The fastest-growing cost line was Other operating costs (+42%). Net earnings were $0.24B, up 2% year over year. The effective tax rate was 36.7%.
Operating cash flow was $1.5B (down 27% year over year), 628% of net earnings. Non-cash charges added back $0.21B of depreciation and amortization and $0.15B of share-based compensation. Working capital and other items added $0.92B. Capital expenditures of $0.23B left free cash flow of $1.3B.
Questions
What was Cardinal Health's revenue in the fourth quarter fiscal 2025?
Cardinal Health (CAH) reported revenue of $60.2B for the fourth quarter fiscal 2025 (Q4 FY25), +0.5% from a year earlier and +10% from the quarter before.
Was Cardinal Health profitable in the fourth quarter fiscal 2025?
Operating profit was $428M (0.7% of revenue) and net earnings $243M.
Source: Cardinal Health 10-K on SEC EDGAR.