Henry Schein (HSIC) Operating Expenses (2009 - 2026)
Henry Schein's Operating Expenses came in at $563 million for Q2 2026, up 6.4% from $529 million a year earlier and up 2.6% from the prior quarter.
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Analysis
Henry Schein (HSIC) Operating Expenses (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 27, 2026, Henry Schein reported Operating Expenses of $1.73 billion, up 8.2% year-over-year; for FY2025, it came in at $2.11 billion, up 1.3% from FY2024.
- Operating Expenses carries a five-year compound annual growth rate of -0.7% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $2.08 billion in FY2024 (+2.3%), $2.03 billion in FY2023 (-28.4%), $2.84 billion in FY2022 (+4.6%) and $2.71 billion in FY2021 (+24.3%).
- The five-year range for quarterly Operating Expenses is -$166 million (Q4 2024) to $828 million (Q4 2023).
- Year-over-year, Operating Expenses increased in three of the last six quarters, with an average decline of 9.1%.
- The fastest year-over-year change in Operating Expenses over five years came in Q4 2021 (growth of 41.5%), and the weakest in Q1 2025 (a decline of 35.8%).
- Business Quant data shows HSIC's Operating Expenses at $549 million (Q1 2026), -$109 million (Q4 2025) and $726 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 330.47 Bn | 215.10 Bn | 36.67 Bn | 104.04 Bn |
| 2 | Cvs Health | 108.89 Bn | 61.49 Bn | 47.23 Bn | 101.39 Bn |
| 3 | Mckesson | 104.86 Bn | 91.32 Bn | 3.69 Bn | 2.37 Bn |
| 4 | Elevance Health | 82.79 Bn | -58.96 Bn | 13.45 Bn | 48.54 Bn |
| 5 | Cigna | 70.83 Bn | 40.37 Bn | 14.97 Bn | 68.99 Bn |
| 6 | Cencora | 59.11 Bn | 48.20 Bn | 3.61 Bn | 2.28 Bn |
| 7 | Cardinal Health | 53.53 Bn | 37.53 Bn | 2.56 Bn | 1.67 Bn |
| 8 | Humana | 45.57 Bn | -42.23 Bn | 5.50 Bn | 39.51 Bn |
| 9 | Centene | 30.12 Bn | -60.16 Bn | 14.55 Bn | 52.38 Bn |
| 10 | Henry Schein | 9.51 Bn | 10.25 Bn | 1.10 Bn | 563.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 563.00 Mn |
| Mar 28, 2026 | 549.00 Mn |
| Dec 27, 2025 | -109.00 Mn |
| Sep 27, 2025 | 726.00 Mn |
| Jun 28, 2025 | 529.00 Mn |
| Mar 29, 2025 | 514.00 Mn |
| Dec 28, 2024 | -166.00 Mn |
| Sep 28, 2024 | 721.00 Mn |
| Jun 29, 2024 | 761.00 Mn |
| Mar 30, 2024 | 801.00 Mn |
| Dec 30, 2023 | 828.00 Mn |
| Sep 30, 2023 | 736.00 Mn |
| Jul 1, 2023 | 725.00 Mn |
| Apr 1, 2023 | 747.00 Mn |
| Dec 31, 2022 | 761.00 Mn |
| Sep 24, 2022 | 657.00 Mn |
| Jun 25, 2022 | 680.00 Mn |
| Mar 26, 2022 | 682.00 Mn |
| Dec 25, 2021 | 732.54 Mn |
| Sep 25, 2021 | 657.00 Mn |
API Access
Henry Schein Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=HSIC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "HSIC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=HSIC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();