Cardinal Health (CAH) Operating Expenses (2009 - 2026)
Cardinal Health's (CAH) quarterly Operating Expenses came in at $1.7 billion in Q2 2026, up 10.19% year-over-year from $1.5 billion in Q2 2025, and up 6.25% quarter-over-quarter from $1.6 billion in Q1 2026.
Analysis
Cardinal Health (CAH) Operating Expenses (2009 - 2026) Analysis & Trends
Cardinal Health has disclosed Operating Expenses across 18 years of filings, most recently posting $1.7 billion for Q2 2026.
- In Q2 2026, Operating Expenses rose 10.19% year-over-year to $1.7 billion; the TTM figure through Jun 2026 stood at $6.2 billion (up 14.04% YoY), while the FY2026 annual figure was $6.2 billion, up 14.04% from the prior year.
- Operating Expenses came in at $1.7 billion for Q2 2026 at Cardinal Health, up from $1.6 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $1.7 billion in Q2 2026 to a low of $1.2 billion in Q2 2022.
- Average Operating Expenses over 5 years is $1.3 billion, with a median of $1.3 billion recorded in 2024.
- Year-over-year, Operating Expenses fell 1.06% in 2023 and grew 16.68% in 2026.
- Over 5 years, Operating Expenses stood at $1.2 billion in 2022, then rose by 8.36% to $1.3 billion in 2023, then grew by 1.47% to $1.3 billion in 2024, then grew by 15.97% to $1.5 billion in 2025, then increased by 9.18% to $1.7 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $1.7 billion in Q2 2026, $1.6 billion in Q1 2026, and $1.5 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Mckesson | 104.71 Bn | 99.54 Bn | 3.69 Bn | 2.37 Bn |
| 2 | Cencora | 62.33 Bn | 59.52 Bn | 3.61 Bn | 2.28 Bn |
| 3 | Cardinal Health | 56.03 Bn | 51.18 Bn | 2.56 Bn | 1.67 Bn |
| 4 | Henry Schein | 9.95 Bn | 9.80 Bn | 1.10 Bn | 563.00 Mn |
| 5 | ZeroStack | 44.82 Mn | 41.86 Mn | 1.62 Mn | 25.85 Mn |
| 6 | 111 | 30.11 Mn | 113.01 Mn | 18.18 Mn | -345.25 Mn |
| 7 | Guardian Pharmacy Services | 5.51 Mn | -84.30 Mn | 80.04 Mn | 59.40 Mn |
| 8 | Ridgetech | 4.77 Mn | -13.24 Mn | - | - |
| 9 | MedWellAI | 2.27 Mn | 2.28 Mn | - | 846,615.00 |
| 10 | DataMeds AI | 1.84 Mn | 1.79 Mn | 170,221.00 | 6.19 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.67 Bn |
| Mar 31, 2026 | 1.57 Bn |
| Dec 31, 2025 | 1.53 Bn |
| Sep 30, 2025 | 1.48 Bn |
| Jun 30, 2025 | 1.51 Bn |
| Mar 31, 2025 | 1.34 Bn |
| Dec 31, 2024 | 1.32 Bn |
| Sep 30, 2024 | 1.30 Bn |
| Jun 30, 2024 | 1.35 Bn |
| Mar 31, 2024 | 1.32 Bn |
| Dec 31, 2023 | 1.30 Bn |
| Sep 30, 2023 | 1.21 Bn |
| Jun 30, 2023 | 1.27 Bn |
| Mar 31, 2023 | 1.19 Bn |
| Dec 31, 2022 | 1.20 Bn |
| Sep 30, 2022 | 1.22 Bn |
| Jun 30, 2022 | 1.16 Bn |
| Mar 31, 2022 | 1.17 Bn |
| Dec 31, 2021 | 1.16 Bn |
| Sep 30, 2021 | 1.13 Bn |