Filing Flows › Cencora (COR) › Q3 FY26 › vs Q3 FY25
Cencora (COR) Q3 FY26 vs Q3 FY25 (year over year)
Cencora's revenue rose $4.1B (+5%) from $80.7B in Q3 FY25 to $84.8B in Q3 FY26. Gross margin 4.3% against 3.6% (+0.7 pts).
Cencora, Q3 FY26: revenue $84.8B (+5% year over year), operating margin 1.3%, net earnings $777M, operating cash flow $2.7B. The chart draws each line against Q3 FY25, the increases inside each band.
Margins
| Q3 FY26 | Q3 FY25 | Change | |
|---|---|---|---|
| Gross margin | 4.3% | 3.6% | +0.7 pts |
| Operating margin | 1.3% | 1.1% | +0.2 pts |
| Net margin | 0.9% | 0.9% | +0.1 pts |
| Free cash flow margin | 2.9% | -0.1% | +3.0 pts |
Every line
| Line | Q3 FY26 | Q3 FY25 | Change | % |
|---|---|---|---|---|
| Revenue | $84.8B | $80.7B | $4.1B | +5% |
| Gross profit | $3.6B | $2.9B | $700M | +24% |
| Cost of revenue | $81.1B | $77.8B | $3.4B | +4% |
| Operating profit | $1.1B | $868M | $253M | +29% |
| Operating expenses | $2.5B | $2.0B | $448M | +22% |
| Pre-tax earnings | $996M | $896M | $100M | +11% |
| SG&A | $2.1B | $1.7B | $460M | +27% |
| Other operating costs | $355M | $367M | −$12.0M | -3% |
| Net earnings | $777M | $690M | $86.9M | +13% |
| Income tax | $220M | $207M | $13.2M | +6% |
| Depreciation & amortization | $269M | $254M | $15.5M | +6% |
| Share-based compensation | $28.7M | $23.2M | $5.5M | +24% |
| Working capital & other | $1.6B | −$858M | $2.4B | — |
| Operating cash flow | $2.7B | $109M | $2.5B | 24× |
| Free cash flow (OCF − capex) | $2.4B | −$74.0M | $2.5B | — |
| Capital expenditures | $226M | $183M | $42.8M | +23% |
Questions
How much did Cencora's revenue grow year over year in Q3 FY26?
Cencora's revenue rose $4.1B (+5%) from $80.7B in Q3 FY25 to $84.8B in Q3 FY26. Gross margin 4.3% against 3.6% (+0.7 pts).