Mckesson (MCK) Operating Expenses (2009 - 2026)
Mckesson's (MCK) quarterly Operating Expenses came in at $1.9 billion in Q1 2026, down 7.52% year-on-year from $2.0 billion in Q1 2025, and down 8.33% on a QoQ basis from $2.1 billion in Q4 2025.
Mckesson (MCK) Operating Expenses (2009 - 2026) Analysis & Trends
Mckesson (MCK) has 18 years of Operating Expenses data on file, last reported at $1.9 billion in Q1 2026.
- On a quarterly basis, Operating Expenses fell 7.52% year-over-year to $1.9 billion in Q1 2026; TTM through Mar 2026 was $8.3 billion, a 6.33% decrease from a year earlier, with the FY2026 full-year figure at $8.3 billion, down 6.33% from the prior year.
- Operating Expenses for Q1 2026 stood at $1.9 billion, down from $2.1 billion in the prior quarter.
- Over the last five years, Operating Expenses for MCK reached as high as $2.7 billion in Q1 2022 and fell as low as $1.9 billion in Q1 2026.
- Historically, Operating Expenses has averaged $2.2 billion across 5 years, with a median of $2.1 billion in 2023.
- Across the five-year window, Operating Expenses sank 38.24% in 2022 and advanced 29.85% in 2023, its largest moves.
- Year by year, Operating Expenses stood at $1.9 billion in 2022, then advanced by 29.85% to $2.5 billion in 2023, then slipped by 17.93% to $2.1 billion in 2024, then grew by 0.29% to $2.1 billion in 2025, then dropped by 8.33% to $1.9 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $1.9 billion in Q1 2026, $2.1 billion in Q4 2025, and $2.1 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Mckesson | 105.15 Bn | 101.18 Bn | 4.04 Bn | 1.89 Bn |
| 2 | Cencora | 60.58 Bn | 58.40 Bn | 3.59 Bn | 2.11 Bn |
| 3 | Cardinal Health | 53.81 Bn | 49.87 Bn | 2.50 Bn | 1.57 Bn |
| 4 | Henry Schein | 9.71 Bn | 9.57 Bn | 1.07 Bn | 73.00 Mn |
| 5 | Akso Health | 3.28 Bn | 3.28 Bn | - | - |
| 6 | 111 | 651.73 Mn | 572.63 Mn | 23.58 Mn | -403.32 Mn |
| 7 | Accendra Health | 248.02 Mn | -88.86 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 | 9.57 Mn | 7.41 Mn | 1.38 Mn | 3.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 2.46 Bn |