Filing Flows › Henry Schein (HSIC) › Q3 2026 › vs Q2 2026
Henry Schein (HSIC) Q3 2026 vs Q2 2026 (quarter over quarter)
Henry Schein's revenue rose $13.0M (+0.4%) from $3.5B in Q2 2026 to $3.5B in Q3 2026. The biggest changes: Global Distribution and Value-Added Services +$35.0M (+1%); Global Specialty Products −$22.0M (-6%); Global Technology +$0 (0%). Gross margin 31.8% against 31.8% (-0.0 pts).
Henry Schein, Q3 2026: revenue $3.5B (+4% year over year), operating margin 5.6%, net earnings $119M, operating cash flow $161M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 31.8% | 31.8% | -0.0 pts |
| Operating margin | 5.6% | 4.9% | +0.6 pts |
| Net margin | 3.4% | 2.7% | +0.7 pts |
| Free cash flow margin | 3.8% | 6.1% | -2.4 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Global Distribution and Value-Added Services | $2.9B | $2.9B | $35.0M | +1% |
| Global Specialty Products | $350M | $372M | −$22.0M | -6% |
| Global Technology | $181M | $181M | $0 | 0% |
| Revenue | $3.5B | $3.5B | $13.0M | +0.4% |
| Gross profit | $1.1B | $1.1B | $4.0M | +0.4% |
| Cost of revenue | $2.4B | $2.4B | $9.0M | +0.4% |
| Operating profit | $193M | $171M | $22.0M | +13% |
| Operating expenses | $912M | $930M | −$18.0M | -2% |
| Pre-tax earnings | $163M | $136M | $27.0M | +20% |
| Other expense, net | $30.0M | $35.0M | −$5.0M | -14% |
| SG&A | $819M | $831M | −$12.0M | -1% |
| Other operating costs | $93.0M | $99.0M | −$6.0M | -6% |
| Net earnings | $119M | $94.0M | $25.0M | +27% |
| Minority interests | $7.0M | $8.0M | −$1.0M | -12% |
| Income tax | $37.0M | $34.0M | $3.0M | +9% |
| Depreciation & amortization | $86.0M | $84.0M | $2.0M | +2% |
| Share-based compensation | $10.0M | $13.0M | −$3.0M | -23% |
| Working capital & other | $54.0M | −$51.0M | $105M | — |
| Operating cash flow | $161M | $242M | −$81.0M | -33% |
| Free cash flow (OCF − capex) | $131M | $212M | −$81.0M | -38% |
| Capital expenditures | $30.0M | $30.0M | $0 | 0% |
Questions
How much did Henry Schein's revenue grow quarter over quarter in Q3 2026?
Henry Schein's revenue rose $13.0M (+0.4%) from $3.5B in Q2 2026 to $3.5B in Q3 2026.
What drove Henry Schein's revenue change in Q3 2026?
Global Distribution and Value-Added Services +$35.0M (+1%); Global Specialty Products −$22.0M (-6%); Global Technology +$0 (0%).