NYSE$COR

Cencora Inc · Q2 2026 earnings

Q2 2026 earnings · · Before market open · Investor relations

Briefing

Cencora reported fiscal Q2 2026 revenue of $78.36B with net income of $1.64B and diluted EPS of $8.40.

Revenue increased to $78.36 billion from $75.45 billion. Operating income was $1.14 billion; net income attributable to Cencora was $1.64 billion, or $8.40 per diluted share, compared with $718 million and $3.68 per share in fiscal Q2 2025, including a large other income benefit.

  • Revenue $78.36B (+4% YoY).
  • Operating income $1.14B.
  • Net income $1.64B; diluted EPS $8.40.
  • Pharmaceutical distribution and specialty services scale.

Headline financials

Total Revenue

$78.4B

Previous: $75.5B+3.8%
EPS (adj)

$8.40

Previous: $3.68+128.3%
Capital Expenditures

-$285M

Previous: -$235M-21.3%
Free Cash Flow

-$1.25B

No prior period
Net Income

$1.64B

Previous: $717M+128.8%
Operating Income

$1.14B

Previous: $1.04B+10.3%
Gross Profit

$3.59B

Previous: $3.06B+17.3%
Cash & Equivalents

$2.18B

No prior period
Total Assets

$81.7B

No prior period

Revenue & EPS history

Cencora · Revenue · Quarterly

$78.4B

Q2 2026+3.8%vs Q2 2025
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Forward guidance

Management discusses opioid litigation credits, GLP-1 distribution volumes, and specialty growth.

Tailwinds

  • EPS more than doubled year over year.
  • Gross profit expansion in U.S. distribution.

Headwinds

  • Large one-time other income items can distort comparables.
  • Drug pricing and regulatory scrutiny.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2026

Historical avgQ2 2026

-0.1%

Avg return

Earnings day

+0.3%

Avg return

5 days after

+1.4%

Avg return

30 days after

48%

35 / 73 earnings

Positive

+7.8%

Q2 2019

Best reaction

-18.4%

Q2 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026-18.4%-16.6%-10.1%
Q1 2026-5.9%+0.4%-0.9%
Q4 2025+2.9%+5.8%-1.4%
Q3 2025-2.9%-0.6%+0.1%
Q2 2025+4.6%-4.3%-0.6%
Q1 2025+0.7%-2.1%+1.2%
Q4 2024+5.9%+6.5%+4.0%
Q3 2024+5.8%+4.4%+3.7%
Q2 2024-6.0%-6.3%-5.2%
Q1 2024+7.4%+6.2%+7.5%
Q4 2023+4.2%+4.7%+9.0%
Q3 2023+1.2%-1.3%-7.5%
Q2 2023+0.1%+0.7%+3.5%
Q1 2023-6.2%-8.6%-7.6%
Q4 2022+4.4%+3.1%+12.4%
Q3 2022-2.5%-1.5%+3.4%
Q2 2022+2.9%+4.4%-2.5%
Q1 2022+0.2%+1.3%+7.0%
Q4 2021-0.6%-2.8%-9.0%
Q3 2021-1.5%-2.8%+1.2%
Q2 2021-6.5%-2.1%-7.1%
Q1 2021+3.9%+1.8%-0.7%
Q4 2020-1.0%+4.8%-1.9%
Q3 2020-3.0%-1.6%-7.7%
Q2 2020+3.0%+3.6%+15.8%
Q1 2020-4.8%-2.0%-6.2%
Q4 2019+1.6%+1.0%+4.2%
Q3 2019+3.8%-3.5%-5.6%
Q2 2019+7.8%+5.5%+6.1%
Q1 2019+6.7%+9.2%+5.7%
Q4 2018-2.3%+0.3%-2.9%
Q3 2018+1.9%+5.0%+13.2%
Q2 2018-4.3%-5.1%-6.6%
Q1 2018+2.5%-2.9%+4.7%
Q4 2017-2.4%-2.2%+10.9%
Q3 2017-11.4%-12.0%-12.1%
Q2 2017+3.9%+5.9%+13.2%
Q1 2017+6.0%+6.8%+9.9%
Q4 2016+3.6%+3.1%+12.9%
Q3 2016+5.1%+4.5%+1.9%
Q2 2016-9.2%
Q1 2016-3.7%
Q4 2015-1.0%
Q3 2015-5.4%
Q2 2015+1.9%
Q1 2015+0.4%
Q4 2014+7.1%
Q3 2014+3.7%
Q2 2014-3.1%
Q1 2014-4.3%
Q4 2013+1.8%
Q3 2013-0.0%
Q2 2013-4.6%
Q1 2013-5.1%
Q4 2012-0.6%
Q3 2012+2.7%
Q2 2012-1.2%
Q1 2012+2.4%
Q4 2011-1.0%
Q3 2011-0.5%
Q2 2011+2.9%
Q1 2011+0.5%
Q4 2010-0.5%
Q3 2010-0.7%
Q2 2010+1.0%
Q1 2009-1.7%
Q1 2010+1.2%
Q4 2009-0.6%
Q2 2009-0.6%
Q4 2007-0.6%
Q3 2008-0.5%
Q3 2009-0.5%
Q4 2008-0.5%

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