Cencora (COR) Operating Expenses (2009 - 2026)
Cencora's (COR) quarterly Operating Expenses came in at $2.3 billion in Q2 2026, up 26.79% on a YoY basis from $1.8 billion in Q2 2025, and up 8.25% quarter-over-quarter from $2.1 billion in Q1 2026.
Analysis
Cencora (COR) Operating Expenses (2009 - 2026) Analysis & Trends
Cencora (COR) has reported Operating Expenses for 18 consecutive years, with $2.3 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 26.79% year-over-year to $2.3 billion; the trailing twelve-month figure through Jun 2026 stood at $8.2 billion (up 20.98% YoY), and the FY2025 full-year result was $7.0 billion, up 14.76% from the prior year.
- Operating Expenses rose to $2.3 billion in Q2 2026 per COR's latest filing, from $2.1 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $2.3 billion in Q2 2026 and bottomed at $1.3 billion in Q2 2022.
- Historically, Operating Expenses has averaged $1.6 billion across 5 years, with a median of $1.6 billion in 2023.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses soared 52.73% in 2022, then retreated 0.26% in 2025.
- Over 5 years, Operating Expenses stood at $1.4 billion in 2022, then grew by 1.25% to $1.4 billion in 2023, then grew by 10.89% to $1.6 billion in 2024, then grew by 21.75% to $1.9 billion in 2025, then grew by 18.35% to $2.3 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $2.3 billion, $2.1 billion, and $1.9 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Mckesson | 104.59 Bn | 99.42 Bn | 3.69 Bn | 2.37 Bn |
| 2 | Cencora | 62.07 Bn | 59.25 Bn | 3.61 Bn | 2.28 Bn |
| 3 | Cardinal Health | 55.70 Bn | 50.84 Bn | 2.56 Bn | 1.67 Bn |
| 4 | Henry Schein | 9.91 Bn | 9.75 Bn | 1.10 Bn | 563.00 Mn |
| 5 | ZeroStack | 48.41 Mn | 45.45 Mn | 1.62 Mn | 25.85 Mn |
| 6 | 111 | 30.02 Mn | -24.35 Mn | 18.18 Mn | -345.25 Mn |
| 7 | Guardian Pharmacy Services | 5.58 Mn | -84.23 Mn | 80.04 Mn | 59.40 Mn |
| 8 | Ridgetech | 4.83 Mn | -13.18 Mn | - | - |
| 9 | DataMeds AI | 1.85 Mn | 1.80 Mn | 170,221.00 | 6.19 Mn |
| 10 | MedWellAI | 1.47 Mn | 1.32 Mn | - | 846,615.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.28 Bn |
| Mar 31, 2026 | 2.11 Bn |
| Dec 31, 2025 | 1.93 Bn |
| Sep 30, 2025 | 1.88 Bn |
| Jun 30, 2025 | 1.80 Bn |
| Mar 31, 2025 | 1.72 Bn |
| Dec 31, 2024 | 1.59 Bn |
| Sep 30, 2024 | 1.67 Bn |
| Jun 30, 2024 | 1.54 Bn |
| Mar 31, 2024 | 1.73 Bn |
| Dec 31, 2023 | 1.43 Bn |
| Sep 30, 2023 | 1.56 Bn |
| Jun 30, 2023 | 1.34 Bn |
| Mar 31, 2023 | 1.52 Bn |
| Dec 31, 2022 | 1.41 Bn |
| Sep 30, 2022 | 1.38 Bn |
| Jun 30, 2022 | 1.33 Bn |
| Mar 31, 2022 | 1.35 Bn |
| Dec 31, 2021 | 1.30 Bn |
| Sep 30, 2021 | 1.20 Bn |