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| Date | Value |
|---|---|
| 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 |