Mckesson (MCK) Operating Expenses (2009 - 2026)
Mckesson (MCK) posted quarterly Operating Expenses of $1.9 billion for Q1 2026, down 7.52% year-over-year from $2.0 billion in Q1 2025, and down 8.33% quarter-over-quarter from $2.1 billion in Q4 2025.
Mckesson (MCK) Operating Expenses (2009 - 2026) Analysis & Trends
Mckesson (MCK) has reported Operating Expenses for 18 consecutive years, with $1.9 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 7.52% year-over-year to $1.9 billion; the TTM figure through Mar 2026 stood at $8.3 billion (down 6.33% YoY), while the FY2026 annual figure was $8.3 billion, down 6.33% from the prior year.
- Operating Expenses declined to $1.9 billion in Q1 2026 per MCK's latest filing, from $2.1 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $2.7 billion in Q1 2022 and bottomed at $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.
- Annual changes were most pronounced in 2022 — Operating Expenses tumbled 38.24% — and 2023, when it grew 29.85%.
- Mckesson's Operating Expenses stood at $1.9 billion in 2022, then rose by 29.85% to $2.5 billion in 2023, then retreated by 17.93% to $2.1 billion in 2024, then advanced by 0.29% to $2.1 billion in 2025, then decreased by 8.33% to $1.9 billion in 2026.
- Business Quant data shows MCK's Operating Expenses at $1.9 billion in Q1 2026, $2.1 billion in Q4 2025, and $2.1 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Mckesson | 102.12 Bn | 96.96 Bn | 3.69 Bn | 2.37 Bn |
| 2 | Cencora | 61.67 Bn | 58.86 Bn | 3.61 Bn | 2.28 Bn |
| 3 | Cardinal Health | 54.51 Bn | 49.66 Bn | 2.56 Bn | 1.67 Bn |
| 4 | Henry Schein | 10.04 Bn | 9.88 Bn | 1.10 Bn | 563.00 Mn |
| 5 | Akso Health | 820.26 Mn | 820.04 Mn | - | - |
| 6 | Edap Tms | 157.38 Mn | 135.84 Mn | 7.34 Mn | 13.05 Mn |
| 7 | Accendra Health | 95.10 Mn | 87.45 Mn | 263.41 Mn | 648.38 Mn |
| 8 | 111 | 30.87 Mn | 109.39 Mn | 18.18 Mn | -345.25 Mn |
| 9 | Cosmos Health | 13.30 Mn | 10.86 Mn | 1.51 Mn | 4.44 Mn |
| 10 | VitaNova Life Sciences | 11.51 Mn | 9.91 Mn | 264,662.00 | 374,522.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |