Filing Flows › Cencora (COR) › Q3 FY25
Cencora (COR) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Aug 6, 2025
Cencora (COR) reported revenue of $80.7B for the third quarter fiscal 2025 (Q3 FY25), +9% from a year earlier and +7% from the quarter before. Operating margin was 1.1%, net earnings $690M (0.9% of revenue).
Cencora, Q3 FY25: revenue $80.7B (+9% year over year), operating margin 1.1%, net earnings $690M, operating cash flow $109M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $80.7B | +7% | +9% |
| Gross profit | $2.9B | -5% | +21% |
| Operating profit | $868M | -16% | +29% |
| Net earnings | $690M | -4% | +41% |
| Operating cash flow | $109M | -97% | -96% |
What changed
Revenue was $80.7B in Q3 FY25, up 9% year over year and up 7% from the previous quarter.
Gross margin was 3.6%, up 0.4 points from a year earlier. Operating profit was $0.87B, a 1.1% margin (up 0.2 points year over year). Of the extra revenue versus a year earlier, 3% reached operating profit, above the 1% margin then. Operating expenses grew 17% against revenue growth of 9%. The fastest-growing cost line was SG&A (+21%). Net earnings were $0.69B, up 42% year over year. The effective tax rate was 23.0%.
Operating cash flow was $0.11B (down 96% year over year), 16% of net earnings. Non-cash charges added back $0.25B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.86B. Capital expenditures of $0.18B exceeded it, leaving free cash flow of −$0.07B.
Questions
What was Cencora's revenue in the third quarter fiscal 2025?
Cencora (COR) reported revenue of $80.7B for the third quarter fiscal 2025 (Q3 FY25), +9% from a year earlier and +7% from the quarter before.
Was Cencora profitable in the third quarter fiscal 2025?
Operating profit was $868M (1.1% of revenue) and net earnings $690M.
Source: Cencora 10-Q on SEC EDGAR.