McKesson revenue and financials
$921.67Change from previous close: +0.68%Absolute change: +$6.22
In the fiscal year ended March 2026, McKesson reported revenue of $403.43B (+12.36% year over year). Net income was $4.76B, a net margin of 1.2%.
Fiscal year ending in March. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +12.36%
- FY to Mar 2026 vs FY to Mar 2025
- Net income growth
- +44.52%
- FY to Mar 2026 vs FY to Mar 2025
- Net margin
- 1.2%
- FY to Mar 2025: 0.9%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -220 | 3,421 | 1,232 | 2,420 | -918 | 7,748 | -2,383 | 2,100 | -1,380 | 4,147 | 254 | 965 |
| Depreciation and amortization | 195 | 63.0 | 188 | 188 | 157 | 46.0 | 153 | 163 | 169 | 58.0 | 159 | 157 |
| Capital expenditure | -112 | -111 | -108 | -106 | -111 | -169 | -126 | -136 | -106 | -188 | -90.0 | -75.0 |
| Investing cash flow | -214 | 425 | -269 | -24.0 | -3,564 | -224 | -136 | -286 | -87.0 | -577 | -180 | -166 |
| Financing cash flow | 1,632 | -2,820 | -2,026 | -961 | 1,176 | -2,855 | 1,298 | -1,599 | -809 | -968 | -622 | -909 |
| Dividends paid | -102 | -101 | -101 | -89.0 | -90.0 | -91.0 | -92.0 | -80.0 | -82.0 | -82.0 | -83.0 | -75.0 |
| Share repurchases | -2,530 | -2,671 | -680 | -818 | -581 | -300 | -827 | -1,492 | -527 | -678 | -842 | -809 |
| Debt issued | 3,215 | 6,972 | 0.0 | 2,275 | 1,990 | 3,691 | 4,519 | 6,013 | 1,361 | 15,194 | 2,770 | 1,935 |
| Debt repaid | -1.0 | -6,980 | -1,197 | -2,277 | 0.0 | -6,125 | -2,103 | -6,016 | -1,361 | -16,067 | -2,561 | -1,938 |
| Effect of exchange rates | -10.0 | -11.0 | 7.0 | -9.0 | 33.0 | 5.0 | -22.0 | 6.0 | -5.0 | — | 7.0 | -3.0 |
| Net change in cash | 1,188 | 1,015 | -1,056 | 1,426 | -3,273 | 4,674 | -1,229 | 207 | -2,281 | 2,602 | -541 | -113 |
| Free cash flow | -332 | 3,310 | 1,124 | 2,314 | -1,029 | 7,579 | -2,509 | 1,964 | -1,486 | 3,959 | 164 | 890 |
| Levered free cash flow | -170 | 3,673 | 851 | 2,552 | -1,314 | 7,219 | -2,841 | 1,729 | -1,872 | 4,079 | 330 | 1,168 |