Filing Flows › Cencora (COR) › Q2 FY25
Cencora (COR) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed May 7, 2025
Cencora (COR) reported revenue of $75.5B for the second quarter fiscal 2025 (Q2 FY25), +10% from a year earlier and -7% from the quarter before. Operating margin was 1.4%, net earnings $717M (1.0% of revenue).
Cencora, Q2 FY25: revenue $75.5B (+10% year over year), operating margin 1.4%, net earnings $717M, operating cash flow $3.4B. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $75.5B | -7% | +10% |
| Gross profit | $3.1B | +20% | +21% |
| Operating profit | $1.0B | +47% | +87% |
| Net earnings | $717M | +45% | +70% |
| Operating cash flow | $3.4B | — | — |
| Free cash flow | $3.2B | — | — |
What changed
Revenue was $75.5B in Q2 FY25, up 10% year over year and down 7% from the previous quarter.
Gross margin was 4.1%, up 0.3 points from a year earlier. Operating profit was $1.0B, a 1.4% margin (up 0.6 points year over year). Of the extra revenue versus a year earlier, 7% reached operating profit, above the 1% margin then. Operating expenses grew 2% against revenue growth of 10%. The fastest-growing cost line was SG&A (+15%). Net earnings were $0.72B, up 71% year over year. The effective tax rate was 22.7%.
Operating cash flow was $3.4B, 467% of net earnings. Non-cash charges added back $0.26B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items added $2.3B. Capital expenditures of $0.13B left free cash flow of $3.2B.
Questions
What was Cencora's revenue in the second quarter fiscal 2025?
Cencora (COR) reported revenue of $75.5B for the second quarter fiscal 2025 (Q2 FY25), +10% from a year earlier and -7% from the quarter before.
Was Cencora profitable in the second quarter fiscal 2025?
Operating profit was $1.0B (1.4% of revenue) and net earnings $717M.
Source: Cencora 10-Q on SEC EDGAR.