Filing Flows › Cencora (COR) › Q1 FY26
Cencora (COR) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Feb 4, 2026
Cencora (COR) reported revenue of $85.9B for the first quarter fiscal 2026 (Q1 FY26), +5% from a year earlier and +3% from the quarter before. Operating margin was 0.9%, net earnings $566M (0.7% of revenue).
Cencora, Q1 FY26: revenue $85.9B (+6% year over year), operating margin 0.9%, net earnings $566M, operating cash flow −$2.3B. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $85.9B | +3% | +5% |
| Gross profit | $3.1B | +4% | +20% |
| Operating profit | $760M | 41× | +8% |
| Net earnings | $566M | — | +15% |
| Operating cash flow | −$2.3B | -174% | — |
What changed
Revenue was $85.9B in Q1 FY26, up 5% year over year and up 3% from the previous quarter.
Gross margin was 3.6%, up 0.4 points from a year earlier. Operating profit was $0.76B, a 0.9% margin (unchanged year over year). Of the extra revenue versus a year earlier, 1% reached operating profit, above the 1% margin then. Operating expenses grew 25% against revenue growth of 5%. The fastest-growing cost line was Other operating costs (+36%). Net earnings were $0.56B, up 15% year over year. The effective tax rate was 20.1%.
Operating cash flow was −$2.3B. Non-cash charges added back $0.26B of depreciation and amortization and $0.07B of share-based compensation. Working capital and other items used $3.2B. Capital expenditures of $0.12B exceeded it, leaving free cash flow of −$2.4B.
Questions
What was Cencora's revenue in the first quarter fiscal 2026?
Cencora (COR) reported revenue of $85.9B for the first quarter fiscal 2026 (Q1 FY26), +5% from a year earlier and +3% from the quarter before.
Was Cencora profitable in the first quarter fiscal 2026?
Operating profit was $760M (0.9% of revenue) and net earnings $566M.
Source: Cencora 10-Q on SEC EDGAR.