Filing Flows › Cencora (COR) › Q2 FY26 › vs Q2 FY25
Cencora (COR) Q2 FY26 vs Q2 FY25 (year over year)
Cencora's revenue rose $2.9B (+4%) from $75.5B in Q2 FY25 to $78.4B in Q2 FY26. Gross margin 4.6% against 4.1% (+0.5 pts).
Cencora, Q2 FY26: revenue $78.4B (+4% year over year), operating margin 1.5%, net earnings $1.6B, operating cash flow $1.3B. The chart draws each line against Q2 FY25, the increases inside each band.
Margins
| Q2 FY26 | Q2 FY25 | Change | |
|---|---|---|---|
| Gross margin | 4.6% | 4.1% | +0.5 pts |
| Operating margin | 1.5% | 1.4% | +0.1 pts |
| Net margin | 2.1% | 1.0% | +1.1 pts |
| Free cash flow margin | 1.5% | 4.3% | -2.8 pts |
Every line
| Line | Q2 FY26 | Q2 FY25 | Change | % |
|---|---|---|---|---|
| Revenue | $78.4B | $75.5B | $2.9B | +4% |
| Gross profit | $3.6B | $3.1B | $529M | +17% |
| Cost of revenue | $74.8B | $72.4B | $2.4B | +3% |
| Other income, net | $946M | −$108M | $1.1B | — |
| Operating profit | $1.1B | $1.0B | $106M | +10% |
| Operating expenses | $2.4B | $2.0B | $422M | +21% |
| Pre-tax earnings | $2.1B | $929M | $1.2B | +125% |
| SG&A | $2.0B | $1.6B | $378M | +24% |
| Other operating costs | $468M | $424M | $44.6M | +11% |
| Net earnings | $1.6B | $717M | $912M | +127% |
| Income tax | $459M | $211M | $248M | +117% |
| Depreciation & amortization | $249M | $260M | −$10.5M | -4% |
| Share-based compensation | $28.0M | $28.5M | −$450K | -2% |
| Working capital & other | $568M | −$2.3B | $2.9B | — |
| Operating cash flow | $1.3B | $3.4B | −$2.0B | -60% |
| Free cash flow (OCF − capex) | $1.2B | $3.2B | −$2.0B | -64% |
| Capital expenditures | $166M | $129M | $36.6M | +28% |
Questions
How much did Cencora's revenue grow year over year in Q2 FY26?
Cencora's revenue rose $2.9B (+4%) from $75.5B in Q2 FY25 to $78.4B in Q2 FY26. Gross margin 4.6% against 4.1% (+0.5 pts).