Mckesson MCK
NYSE MCK
$883.87 -7.81 (-0.88%)
As of: Sep 10, 2026 · 12:38 PM EDT

Mckesson (MCK) Operating Expenses (2009 - 2026)

Mckesson's (MCK) quarterly Operating Expenses came in at $2.4 billion in Q2 2026, up 5.48% year-over-year from $2.2 billion in Q2 2025, and up 24.92% quarter-over-quarter from $1.9 billion in Q1 2026.

Analysis

Mckesson (MCK) Operating Expenses (2009 - 2026) Analysis & Trends

Mckesson (MCK) has reported Operating Expenses for 18 consecutive years, with $2.4 billion the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 5.48% year-over-year to $2.4 billion in Q2 2026; TTM through Jun 2026 was $8.5 billion, a 6.21% decrease from a year earlier, with the FY2026 full-year figure at $8.3 billion, down 6.33% from the prior year.
  • Operating Expenses was $2.4 billion for Q2 2026 at Mckesson, up from $1.9 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $2.7 billion in Q1 2022 and troughed at $1.9 billion in Q1 2026.
  • A 5-year average of $2.2 billion and a median of $2.1 billion in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses plunged 38.24% in 2022 and climbed 29.85% in 2023, its largest moves.
  • Over 5 years, Operating Expenses stood at $1.9 billion in 2022, then grew by 29.85% to $2.5 billion in 2023, then declined by 17.93% to $2.1 billion in 2024, then rose by 0.29% to $2.1 billion in 2025, then climbed by 14.52% to $2.4 billion in 2026.
  • The last three Operating Expenses figures came in at $2.4 billion (Q2 2026), $1.9 billion (Q1 2026), and $2.1 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Mckesson 104.95 Bn 99.79 Bn 3.69 Bn 2.37 Bn
2 Cencora 62.50 Bn 59.69 Bn 3.61 Bn 2.28 Bn
3 Cardinal Health 56.01 Bn 51.16 Bn 2.56 Bn 1.67 Bn
4 Henry Schein 9.96 Bn 9.81 Bn 1.10 Bn 563.00 Mn
5 ZeroStack 47.71 Mn 44.75 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 5.46 Mn -84.35 Mn 80.04 Mn 59.40 Mn
8 Ridgetech 4.90 Mn -13.11 Mn - -
9 DataMeds AI 1.84 Mn 1.79 Mn 170,221.00 6.19 Mn
10 MedWellAI 1.47 Mn 1.32 Mn - 846,615.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 2.37 Bn
Mar 31, 2026 1.89 Bn
Dec 31, 2025 2.07 Bn
Sep 30, 2025 2.14 Bn
Jun 30, 2025 2.24 Bn
Mar 31, 2025 2.05 Bn
Dec 31, 2024 2.06 Bn
Sep 30, 2024 2.67 Bn
Jun 30, 2024 2.12 Bn
Mar 31, 2024 2.37 Bn
Dec 31, 2023 2.51 Bn
Sep 30, 2023 2.12 Bn
Jun 30, 2023 1.92 Bn
Mar 31, 2023 2.09 Bn
Dec 31, 2022 1.93 Bn
Sep 30, 2022 1.97 Bn
Jun 30, 2022 1.99 Bn
Mar 31, 2022 2.69 Bn
Dec 31, 2021 3.13 Bn
Sep 30, 2021 2.81 Bn