Cardinal Health, Inc. (CAH) Income Statement
CAH FY2026 at a glance
Fiscal year ended June 30, 2026 · U.S. dollarsCAH revenue and net income
Where CAH's revenue goes
FY2026Each bar shows an amount and its share of revenue. CAH kept 0.7% of revenue as net income.
CAH profit margins
CAH growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +14.2% | +7.4% | +9.4% | +7.7% |
| Gross profit | +19.7% | +12.4% | +7.6% | +4.1% |
| Operating income | +14.9% | +51.5% | +40.8% | +0.6% |
| Net income | +9.8% | +73.2% | +22.9% | +1.8% |
| EPS (diluted) | +36.7% | +24.7% | +15.2% | +7.9% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CAH quarterly EPS vs estimates
Cardinal Health beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: November 5, 2026 (estimate $2.92).
CAH income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $254.25B | $222.58B | $226.83B | $204.98B | $181.33B | $162.47B | $152.92B | $145.53B | $136.81B | $129.98B |
| Cost of revenue | $244.47B | $214.41B | $219.41B | $198.10B | $174.84B | $155.69B | $146.05B | $138.70B | $129.63B | $123.43B |
| Gross profit | $9.77B | $8.17B | $7.41B | $6.89B | $6.48B | $6.78B | $6.87B | $6.83B | $7.18B | $6.54B |
| Research & development | — | — | — | — | — | — | — | — | $0 | $0 |
| Sales, general & admin | $6.13B | $5.38B | $5.00B | $4.83B | $4.56B | $4.53B | $4.57B | $4.48B | $4.60B | $3.77B |
| Total operating expenses | $7.16B | $5.89B | $6.17B | $6.12B | $7.09B | $6.31B | $10.97B | $4.77B | $7.05B | $4.42B |
| Operating income | $2.61B | $2.27B | $1.24B | $752.0M | −$607.0M | $472.0M | −$4.10B | $2.06B | $126.0M | $2.12B |
| Interest income | — | $215.0M | $51.0M | $93.0M | $147.0M | $182.0M | $341.0M | $307.0M | $334.0M | $206.0M |
| Interest expense | $348.0M | $215.0M | $51.0M | $84.0M | $147.0M | $180.0M | $238.0M | $294.0M | $329.0M | $201.0M |
| Income before taxes | $2.17B | $2.10B | $1.20B | $663.0M | −$784.0M | $323.0M | −$3.77B | $1.75B | −$228.0M | $1.92B |
| Income taxes | $469.0M | $532.0M | $348.0M | $332.0M | $153.0M | −$289.0M | −$79.0M | $386.0M | −$487.0M | $630.0M |
| Net income | $1.71B | $1.56B | $852.0M | $330.0M | −$938.0M | $611.0M | −$3.69B | $1.36B | $256.0M | $1.29B |
| EBITDA | $3.48B | $3.11B | $1.96B | $1.44B | $55.0M | $1.29B | −$2.62B | $3.04B | $1.13B | $2.84B |
| EPS (diluted) | $11.26 | $8.24 | $7.47 | $5.81 | $5.06 | $5.55 | $5.45 | $5.28 | $5.00 | $5.42 |
| Gross margin | 3.8% | 3.7% | 3.3% | 3.4% | 3.6% | 4.2% | 4.5% | 4.7% | 5.2% | 5.0% |
| Operating margin | 1.0% | 1.0% | 0.5% | 0.4% | −0.3% | 0.3% | −2.7% | 1.4% | 0.1% | 1.6% |
| Net margin | 0.7% | 0.7% | 0.4% | 0.2% | −0.5% | 0.4% | −2.4% | 0.9% | 0.2% | 1.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $63.86B | $60.94B | $65.44B | $64.01B | $60.16B | $54.88B | $55.26B | $52.28B | $59.71B | $54.87B | $57.44B | $54.65B |
| Cost of revenue | $61.11B | $58.44B | $63.23B | $61.69B | $57.96B | $52.76B | $53.32B | $50.38B | $57.85B | $52.93B | $55.59B | $52.91B |
| Gross profit | $2.75B | $2.50B | $2.21B | $2.32B | $2.20B | $2.12B | $1.94B | $1.90B | $1.85B | $1.94B | $1.85B | $1.74B |
| Sales, general & admin | $1.62B | $1.54B | $1.50B | $1.46B | $1.48B | $1.31B | $1.31B | $1.28B | $1.24B | $1.28B | $1.28B | $1.20B |
| Total operating expenses | $2.02B | $1.99B | $1.50B | $1.65B | $1.77B | $1.39B | $1.39B | $1.33B | $1.45B | $1.57B | $1.35B | $1.77B |
| Operating income | $729.0M | $509.0M | $707.0M | $668.0M | $428.0M | $730.0M | $549.0M | $568.0M | $408.0M | $369.0M | $505.0M | −$32.0M |
| Interest income | — | — | $88.0M | $80.0M | $74.0M | $74.0M | $35.0M | $32.0M | — | — | — | $14.0M |
| Interest expense | $79.0M | $101.0M | $88.0M | $80.0M | $74.0M | $74.0M | $35.0M | $32.0M | $4.0M | $28.0M | $3.0M | $11.0M |
| Income before taxes | $554.0M | $392.0M | $630.0M | $598.0M | $384.0M | $665.0M | $511.0M | $541.0M | $396.0M | $342.0M | $512.0M | −$44.0M |
| Income taxes | $154.0M | $12.0M | $159.0M | $144.0M | $141.0M | $157.0M | $110.0M | $124.0M | $162.0M | $80.0M | $143.0M | −$33.0M |
| Net income | $394.0M | $399.0M | $471.0M | $450.0M | $239.0M | $506.0M | $400.0M | $416.0M | $236.0M | $261.0M | $368.0M | −$12.0M |
| EBITDA | $1.05B | $741.0M | $776.0M | $911.0M | $667.0M | $946.0M | $738.0M | $755.0M | $578.0M | $547.0M | $690.0M | $139.0M |
| EPS (diluted) | $2.91 | $3.17 | $2.63 | $2.55 | $2.08 | $2.35 | $1.93 | $1.88 | $1.84 | $2.08 | $1.82 | $1.73 |
| Gross margin | 4.3% | 4.1% | 3.4% | 3.6% | 3.7% | 3.9% | 3.5% | 3.6% | 3.1% | 3.5% | 3.2% | 3.2% |
| Operating margin | 1.1% | 0.8% | 1.1% | 1.0% | 0.7% | 1.3% | 1.0% | 1.1% | 0.7% | 0.7% | 0.9% | −0.1% |
| Net margin | 0.6% | 0.7% | 0.7% | 0.7% | 0.4% | 0.9% | 0.7% | 0.8% | 0.4% | 0.5% | 0.6% | −0.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CAH's financial statements (latest annual report filed August 11, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CAH financial results
In fiscal year 2026 (ended June 30, 2026), Cardinal Health reported revenue of $254.2 billion, up 14.2% from the year before. It had net income of $1.7 billion (up 9.8%), a net profit margin of 0.7%. Diluted earnings per share came to $11.26. Over five years revenue grew at an average rate of 9.4% a year.
See the CAH stock overview for the latest quote and news, or the CAH chart for price history and technical indicators.
CAH income statement FAQ
What is Cardinal Health's annual revenue?
Cardinal Health reported total revenue of $254.2 billion for fiscal year 2026, which ended on June 30, 2026. That was up 14.2% from $222.6 billion the previous year.
Is Cardinal Health profitable?
Yes. Cardinal Health reported net income of $1.7 billion in fiscal 2026, a net profit margin of 0.7%; its operating margin was 1.0%.
What is Cardinal Health's gross margin?
Cardinal Health's gross margin was 3.8% in fiscal 2026: for every $100 of revenue, Cardinal Health kept $4 after the direct cost of its products and services.
How fast is Cardinal Health growing?
Revenue grew 9.4% a year on average over the last five fiscal years, from $162.5 billion to $254.2 billion.
What are Cardinal Health's earnings per share?
Cardinal Health earned $11.26 per diluted share in fiscal 2026, compared with $8.24 a year earlier.
When will Cardinal Health report its next earnings?
Cardinal Health is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 before the market opens.
When does Cardinal Health's fiscal year end?
Cardinal Health's fiscal year ends in June. The latest annual report covers the year ended June 30, 2026 and was filed on August 11, 2026.