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McKesson (MCK) gross margin by quarter

McKesson's gross margin was 3.6% in Q2 FY27 (second quarter fiscal 2027), +0.1 pts from Q1 FY27. Over the last 7 quarters it ranged from 3.4% (Q1 FY26) to 4.2% (Q4 FY26).

McKesson gross margin by quarterMcKesson gross margin by quarter4.0%Q4 FY253.4%Q1 FY263.4%Q2 FY263.5%Q3 FY264.2%Q4 FY263.5%Q1 FY273.6%Q2 FY27
QuarterGross marginQ/QY/Y
Q2 FY273.6%+0.1 pts+0.1 pts
Q1 FY273.5%-0.7 pts+0.1 pts
Q4 FY264.2%+0.7 pts+0.2 pts
Q3 FY263.5%+0.0 pts—
Q2 FY263.4%+0.1 pts—
Q1 FY263.4%-0.7 pts—
Q4 FY254.0%——

Q2 FY27 at a glance

McKesson, Q2 FY27: revenue $111.0B (+8% year over year), operating margin 1.4%, net earnings $1.2B, operating cash flow $3.1B. The chart follows the revenue to costs, profit and cash.

Questions

What is McKesson's gross margin?

McKesson's gross margin was 3.6% in Q2 FY27 (second quarter fiscal 2027), +0.1 pts from Q1 FY27.

How has McKesson's gross margin changed?

Over the last 7 quarters it ranged from 3.4% (Q1 FY26) to 4.2% (Q4 FY26).

Q2 FY27 results → · How McKesson makes money →