Filing Flows › Henry Schein (HSIC) › Q3 2026
Henry Schein (HSIC) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 3, 2026
Henry Schein (HSIC) reported revenue of $3.5B for the third quarter 2026 (Q3 2026), +4% from a year earlier and +0.4% from the quarter before. Operating margin was 5.6%, net earnings $119M (3.4% of revenue).
Henry Schein, Q3 2026: revenue $3.5B (+4% year over year), operating margin 5.6%, net earnings $119M, operating cash flow $161M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.5B | +0.4% | +4% |
| Gross profit | $1.1B | +0.4% | +8% |
| Operating profit | $193M | +13% | +18% |
| Net earnings | $119M | +27% | +18% |
| Operating cash flow | $161M | -33% | -7% |
| Free cash flow | $131M | -38% | -7% |
What changed
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.
Questions
What was Henry Schein's revenue in the third quarter 2026?
Henry Schein (HSIC) reported revenue of $3.5B for the third quarter 2026 (Q3 2026), +4% from a year earlier and +0.4% from the quarter before.
Was Henry Schein profitable in the third quarter 2026?
Operating profit was $193M (5.6% of revenue) and net earnings $119M.
Source: Henry Schein 10-Q on SEC EDGAR.