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Henry Schein (HSIC) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Nov 3, 2026 · Henry Schein (HSIC) Q3 2026 earnings results →
Q3 2026 Revenue up 4% year over year to $3.5B · 3¢ of every $1 of revenue kept as net profit · operating margin 5.6%
Henry Schein made $3.5B in Q3 2026 (+4% Y/Y): Global Distribution and Value-Added Services $2.9B, Global Specialty Products $350M, Global Technology $181M. Operating margin 5.6%, net earnings $119M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 3, 2026.
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What changed this quarter
Revenue was $3.5B in Q3 2026, up 4% year over year and roughly flat from the previous quarter. Global Distribution and Value-Added Services was the largest line at 85% of revenue. Global Distribution and Value-Added Services added $0.10B year over year (up 4%), 80% of the total change.
Gross margin was 31.8%, up 1.1 points from Q3 2025. Operating profit was $0.19B, a 5.6% margin (up 0.6 points year over year). Of the extra revenue versus Q3 2025, 22% reached operating profit, above the 5% margin then. Operating expenses grew 6% against revenue growth of 4%. Net earnings were $0.12B, up 18% year over year. The effective tax rate was 22.7%.
Operating cash flow was $0.16B (down 7% year over year), 128% of net income including minority interests. Non-cash charges added back $0.09B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.06B. Capital expenditures of $0.03B left free cash flow of $0.13B.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Nov 3, 2026 | $3.5B | +4% | 5.6% | $119M | $161M |
| Q2 2026 | 10-Q | Aug 4, 2026 | $3.5B | +7% | 4.9% | $94.0M | $242M |
| Q1 2026 | 10-Q | May 5, 2026 | $3.4B | +6% | 5.4% | $107M | −$97.0M |
| Q4 2025 | 10-K | Feb 24, 2026 | $3.4B | +8% | 4.7% | $101M | $381M |
| Q3 2025 | 10-Q | Nov 4, 2025 | $3.3B | +5% | 4.9% | $101M | $174M |
| Q2 2025 | 10-Q | Aug 5, 2025 | $3.2B | +3% | 4.7% | $86.0M | $120M |
| Q1 2025 | 10-Q | May 5, 2025 | $3.2B | -0.1% | 5.5% | $110M | $37.0M |
Charts
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💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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Customers and suppliers named in filings
Buys from
- XRAY — 13% of the supplier’s revenue · Stated in 10-K (customer table) · source
- NVST — 12% of the supplier’s revenue · Stated in 10-K (sentence) · source
About Henry Schein
The maximum number of shares that may yet be purchased under this program is determined at the end of each month based on the Includes infection-control products, handpieces, preventatives, impression materials, composites, anesthetics, teeth, gypsum,
In its own words, from its 10-K, filed Feb 24, 2026.
Henry Schein against its Wholesale-Medical, Dental & Hospital Equipment & Supplies peers
The largest companies of the same SEC industry, each at its latest quarter.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| HSIC Henry Schein | Q3 2026 | $3.5B | +4% | 5.6% |
| ACH Accendra Health | Q3 2026 | $602M | -14% | 0.2% |
Source: Henry Schein 10-Q on SEC EDGAR · CIK 1000228 · Wholesale-Medical, Dental & Hospital Equipment & Supplies
13F: who owns HSIC and who is buying
More on HSIC
- How Henry Schein makes money: revenue by segment
- Henry Schein next earnings date and what analysts expect
- Henry Schein stock forecast, price target and fair value
- Who owns Henry Schein stock: holders, funds and Congress trades
- Henry Schein guidance and outlook
- Is Henry Schein a takeover target? LBO and rumors
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results
- Henry Schein guidance history: guided vs reported
- Henry Schein gross margin by quarter
- Henry Schein operating margin by quarter
- Henry Schein net income by quarter
- Henry Schein free cash flow by quarter
- Henry Schein capital expenditures by quarter
- Henry Schein Global Distribution and Value-Added Services revenue by quarter
- Henry Schein Global Specialty Products revenue by quarter
- Henry Schein Global Technology revenue by quarter