Cencora (COR) Operating Expenses (2009 - 2026)

Cencora (COR) posted Operating Expenses of $2.1 billion for Q1 2026, up 9.33% on a QoQ basis from $1.9 billion in Q4 2025, and up 22.51% year-over-year from $1.7 billion in Q1 2025.

Cencora (COR) Operating Expenses (2009 - 2026) Analysis & Trends

Cencora's Operating Expenses history runs 18 years deep, the most recent figure standing at $2.1 billion for Q1 2026.

  • Quarterly Operating Expenses rose 22.51% year-over-year to $2.1 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $7.8 billion (up 20.36% YoY) and the FY2025 annual result came in at $7.0 billion, up 14.76% from the prior year.
  • Operating Expenses was $2.1 billion for Q1 2026 at Cencora, up from $1.9 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $2.1 billion in Q1 2026 and bottomed at $1.3 billion in Q1 2022.
  • A 5-year average of $1.6 billion and a median of $1.5 billion in 2023 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses surged 48.53% — and 2023, when it rose 0.61%.
  • Cencora's Operating Expenses stood at $1.4 billion in 2022, then climbed by 9.56% to $1.5 billion in 2023, then gained by 3.14% to $1.6 billion in 2024, then grew by 21.75% to $1.9 billion in 2025, then climbed by 9.33% to $2.1 billion in 2026.
  • Business Quant data shows COR's Operating Expenses at $2.1 billion in Q1 2026, $1.9 billion in Q4 2025, and $2.0 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Mckesson 105.72 Bn 101.75 Bn 4.04 Bn 1.89 Bn
2 Cencora 60.96 Bn 58.79 Bn 3.59 Bn 2.11 Bn
3 Cardinal Health 53.93 Bn 49.99 Bn 2.50 Bn 1.57 Bn
4 Henry Schein 9.78 Bn 9.65 Bn 1.07 Bn 73.00 Mn
5 Akso Health 3.06 Bn 3.06 Bn - -
6 111 651.73 Mn 572.63 Mn 23.58 Mn -403.32 Mn
7 Accendra Health 247.26 Mn -89.62 Mn 278.03 Mn 610.66 Mn
8 Edap Tms 230.14 Mn 215.14 Mn 8.15 Mn 8.39 Mn
9 VitaNova Life Sciences 11.51 Mn 11.01 Mn 316,343.00 269,612.00
10 Cosmos Health 9.29 Mn 7.13 Mn 1.38 Mn 3.57 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.11 Bn
Dec 31, 2025 1.93 Bn
Sep 30, 2025 1.98 Bn
Jun 30, 2025 1.82 Bn
Mar 31, 2025 1.72 Bn
Dec 31, 2024 1.59 Bn
Sep 30, 2024 1.67 Bn
Jun 30, 2024 1.53 Bn
Mar 31, 2024 1.57 Bn
Dec 31, 2023 1.54 Bn
Sep 30, 2023 1.46 Bn
Jun 30, 2023 1.34 Bn
Mar 31, 2023 1.44 Bn
Dec 31, 2022 1.40 Bn
Sep 30, 2022 1.45 Bn
Jun 30, 2022 1.33 Bn
Mar 31, 2022 1.31 Bn
Dec 31, 2021 1.30 Bn
Sep 30, 2021 1.21 Bn
Jun 30, 2021 1.22 Bn