Henry Schein, Inc. (HSIC) Income Statement
HSIC 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsHSIC revenue and net income
Where HSIC's revenue goes
2025Each bar shows an amount and its share of revenue. HSIC kept 3.0% of revenue as net income.
HSIC profit margins
HSIC growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +4.0% | +1.4% | +5.4% | +2.2% |
| Gross profit | +2.0% | +1.7% | +6.4% | +2.5% |
| Operating income | +4.0% | −6.9% | +6.0% | −0.1% |
| Net income | +2.1% | −9.6% | −0.2% | −1.8% |
| EPS (diluted) | +4.9% | +0.1% | +11.5% | +5.2% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
HSIC quarterly EPS vs estimates
Henry Schein beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: November 3, 2026 (estimate $1.34).
HSIC income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.18B | $12.67B | $12.34B | $12.65B | $12.40B | $10.12B | $9.99B | $13.20B | $12.46B | $11.57B |
| Cost of revenue | $9.34B | $8.91B | $8.69B | $9.00B | $8.73B | $7.30B | $6.89B | $6.51B | $9.06B | $8.35B |
| Gross profit | $3.84B | $3.77B | $3.65B | $3.65B | $3.67B | $2.81B | $3.09B | $2.91B | $3.40B | $3.23B |
| Research & development | — | — | — | — | — | — | — | $0 | — | $0 |
| Sales, general & admin | $3.08B | $3.03B | $2.91B | $2.77B | $2.81B | $2.25B | $2.36B | $2.63B | $2.54B | $2.42B |
| Total operating expenses | $3.08B | $3.04B | $2.94B | $2.71B | $2.82B | $2.25B | $2.36B | $2.22B | $2.53B | $2.41B |
| Operating income | $758.0M | $729.0M | $714.0M | $938.0M | $854.8M | $567.4M | $733.0M | $693.5M | $864.7M | $817.5M |
| Interest income | $33.0M | $24.0M | $24.0M | $17.0M | $6.5M | $9.8M | $15.8M | $21.2M | $17.6M | $13.3M |
| Interest expense | $150.0M | $131.0M | $87.0M | $44.0M | $27.6M | $41.4M | $50.8M | $76.0M | $53.7M | $31.9M |
| Income before taxes | $545.0M | $526.0M | $556.0M | $736.0M | $850.6M | $512.2M | $698.2M | $557.9M | $821.8M | $774.4M |
| Income taxes | $126.0M | $128.0M | $120.0M | $170.0M | $197.3M | $95.4M | $159.5M | $107.4M | $362.5M | $218.0M |
| Net income | $398.0M | $390.0M | $416.0M | $538.0M | $623.9M | $402.2M | $508.0M | $535.9M | $406.3M | $506.8M |
| EBITDA | $1.01B | $912.0M | $851.0M | $977.0M | $1.07B | $726.8M | $916.0M | $756.5M | $1.07B | $957.5M |
| EPS (diluted) | $4.97 | $4.74 | $4.50 | $4.96 | $4.52 | $2.89 | $3.51 | $4.14 | $3.60 | $3.31 |
| Gross margin | 29.1% | 29.7% | 29.6% | 28.9% | 29.6% | 27.8% | 31.0% | 22.0% | 27.3% | 27.9% |
| Operating margin | 5.7% | 5.8% | 5.8% | 7.4% | 6.9% | 5.6% | 7.3% | 5.3% | 6.9% | 7.1% |
| Net margin | 3.0% | 3.1% | 3.4% | 4.3% | 5.0% | 4.0% | 5.1% | 4.1% | 3.3% | 4.4% |
| 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 | $3.46B | $3.37B | $3.44B | $3.34B | $3.24B | $3.17B | $3.19B | $3.17B | $3.14B | $3.17B | $3.02B | $3.16B |
| Cost of revenue | $2.36B | $2.30B | $2.44B | $2.38B | $2.29B | $2.23B | $2.26B | $2.25B | $2.18B | $2.22B | $2.15B | $2.23B |
| Gross profit | $1.10B | $1.07B | $994.0M | $958.0M | $952.0M | $938.0M | $930.0M | $929.0M | $955.0M | $951.0M | $867.0M | $936.0M |
| Sales, general & admin | $831.0M | $809.0M | $808.0M | $760.0M | $778.0M | $738.0M | $738.0M | $724.0M | $781.0M | $791.0M | $807.0M | $725.0M |
| Total operating expenses | $901.0M | $888.0M | $808.0M | $752.0M | $777.0M | $736.0M | $738.0M | $724.0M | $781.0M | $791.0M | $807.0M | $725.0M |
| Operating income | $200.0M | $182.0M | $186.0M | $206.0M | $175.0M | $202.0M | $192.0M | $205.0M | $174.0M | $160.0M | $60.0M | $211.0M |
| Interest income | $8.0M | $7.0M | $9.0M | $9.0M | $9.0M | $6.0M | $6.0M | $7.0M | $6.0M | $5.0M | $5.0M | $6.0M |
| Interest expense | $43.0M | $39.0M | $39.0M | $38.0M | $38.0M | $35.0M | $35.0M | $34.0M | $32.0M | $30.0M | $29.0M | $25.0M |
| Income before taxes | $136.0M | $150.0M | $135.0M | $137.0M | $125.0M | $148.0M | $127.0M | $131.0M | $138.0M | $130.0M | $18.0M | $182.0M |
| Income taxes | $34.0M | $38.0M | $32.0M | $28.0M | $31.0M | $35.0M | $31.0M | $32.0M | $33.0M | $32.0M | $1.0M | $39.0M |
| Net income | $94.0M | $107.0M | $101.0M | $101.0M | $86.0M | $110.0M | $94.0M | $99.0M | $104.0M | $93.0M | $18.0M | $137.0M |
| EBITDA | $264.0M | $270.0M | $256.0M | $255.0M | $235.0M | $253.0M | $237.0M | $236.0M | $238.0M | $230.0M | $111.0M | $273.0M |
| EPS (diluted) | $1.27 | $1.32 | $1.34 | $1.38 | $1.10 | $1.15 | $1.19 | $1.22 | $1.23 | $1.10 | $0.66 | $1.32 |
| Gross margin | 31.8% | 31.8% | 28.9% | 28.7% | 29.4% | 29.6% | 29.1% | 29.3% | 30.5% | 30.0% | 28.7% | 29.6% |
| Operating margin | 5.8% | 5.4% | 5.4% | 6.2% | 5.4% | 6.4% | 6.0% | 6.5% | 5.5% | 5.0% | 2.0% | 6.7% |
| Net margin | 2.7% | 3.2% | 2.9% | 3.0% | 2.7% | 3.5% | 2.9% | 3.1% | 3.3% | 2.9% | 0.6% | 4.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in HSIC's financial statements (latest annual report filed February 24, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
HSIC financial results
In fiscal year 2025 (ended December 31, 2025), Henry Schein reported revenue of $13.2 billion, up 4.0% from the year before. It had net income of $398.0 million (up 2.1%), a net profit margin of 3.0%. Diluted earnings per share came to $4.97. Over five years revenue grew at an average rate of 5.4% a year.
See the HSIC stock overview for the latest quote and news, or the HSIC chart for price history and technical indicators.
HSIC income statement FAQ
What is Henry Schein's annual revenue?
Henry Schein reported total revenue of $13.2 billion for fiscal year 2025, which ended on December 31, 2025. That was up 4.0% from $12.7 billion the previous year.
Is Henry Schein profitable?
Yes. Henry Schein reported net income of $398.0 million in fiscal 2025, a net profit margin of 3.0%; its operating margin was 5.7%.
What is Henry Schein's gross margin?
Henry Schein's gross margin was 29.1% in fiscal 2025: for every $100 of revenue, Henry Schein kept $29 after the direct cost of its products and services.
How fast is Henry Schein growing?
Revenue grew 5.4% a year on average over the last five fiscal years, from $10.1 billion to $13.2 billion.
What are Henry Schein's earnings per share?
Henry Schein earned $4.97 per diluted share in fiscal 2025, compared with $4.74 a year earlier.
When will Henry Schein report its next earnings?
Henry Schein is expected to report results for the quarter ending September 30, 2026 on November 3, 2026 before the market opens.
When does Henry Schein's fiscal year end?
Henry Schein's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 24, 2026.