Cardinal Health Q1 Revenue Rises 22% to $64 Billion

Reuters
Oct 30
Cardinal Health Q1 Revenue Rises 22% to $64 Billion

Cardinal Health Inc. reported first quarter fiscal year 2026 revenues of $64.0 billion, a 22.0% increase from $52.3 billion in the first quarter of fiscal year 2025. GAAP operating earnings rose 18.0% to $668 million, compared to $568 million in the prior-year quarter. GAAP diluted earnings per share $(EPS)$ increased 11.0% to $1.88 from $1.70. Non-GAAP operating earnings for the quarter were $857 million, up 37.0% from $625 million, while non-GAAP diluted EPS increased 36.0% to $2.55 from $1.88. Net earnings attributable to Cardinal Health, Inc. reached $450 million, an 8.0% increase from $416 million. Non-GAAP net earnings attributable to the company were $611 million, up 33.0% from $460 million. The effective tax rate for the quarter was 24.1%, while the non-GAAP effective tax rate was 21.9%. Cardinal Health raised its fiscal year 2026 non-GAAP EPS guidance to a range of $9.65 to $9.85 and increased its fiscal year 2026 non-GAAP adjusted free cash flow outlook to $3.0 to $3.5 billion. In the Pharmaceutical and Specialty Solutions segment, first quarter revenue increased 23.0% to $59.2 billion, compared to $48.0 billion in the previous year. Segment profit grew 26.0% to $667 million from $530 million, driven by brand and specialty pharmaceutical sales growth from existing and new customers. Cardinal Health anticipates completing the acquisition of Solaris Health in early November.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cardinal Health Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CL10421) on October 30, 2025, and is solely responsible for the information contained therein.

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