Filing Flows › Henry Schein (HSIC) › Q2 2026
Henry Schein (HSIC) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 4, 2026
Henry Schein (HSIC) reported revenue of $3.5B for the second quarter 2026 (Q2 2026), +7% from a year earlier and +3% from the quarter before. Operating margin was 4.9%, net earnings $94.0M (2.7% of revenue).
Henry Schein, Q2 2026: revenue $3.5B (+7% year over year), operating margin 4.9%, net earnings $94.0M, operating cash flow $242M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.5B | +3% | +7% |
| Gross profit | $1.1B | +3% | +8% |
| Operating profit | $171M | -6% | +13% |
| Net earnings | $94.0M | -12% | +9% |
| Operating cash flow | $242M | — | +102% |
| Free cash flow | $212M | — | +141% |
What changed
Revenue was $3.5B in Q2 2026, up 7% year over year and up 3% from the previous quarter. Global Distribution and Value-Added Services was the largest line at 84% of revenue. Global Distribution and Value-Added Services added $0.18B year over year (up 7%), 82% of the total change.
Gross margin was 31.8%, up 0.5 points from Q2 2025. Operating profit was $0.17B, a 4.9% margin (up 0.3 points year over year). Of the extra revenue versus Q2 2025, 9% reached operating profit, above the 5% margin then. Operating expenses grew 8% against revenue growth of 7%. The fastest-growing cost line was Other operating costs (+14%). Net earnings were $0.09B, up 9% year over year. The effective tax rate was 25.0%.
Operating cash flow was $0.24B (up 102% year over year), 237% of net income including minority interests. Non-cash charges added back $0.08B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.04B. Capital expenditures of $0.03B left free cash flow of $0.21B.
Questions
What was Henry Schein's revenue in the second quarter 2026?
Henry Schein (HSIC) reported revenue of $3.5B for the second quarter 2026 (Q2 2026), +7% from a year earlier and +3% from the quarter before.
Was Henry Schein profitable in the second quarter 2026?
Operating profit was $171M (4.9% of revenue) and net earnings $94.0M.
Source: Henry Schein 10-Q on SEC EDGAR.