HSIC Henry Schein

FY2025 10-K
Filed: Feb 24, 2026
Consumer Discretionary
Wholesale-Medical, Dental & Hospital Equipment & SuppliesSEC EDGAR

Henry Schein (HSIC) filed its fiscal year 2025 10-K annual report with the SEC on Feb 24, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Global distribution of dental/medical products and services to office-based practitioners, supplemented by specialty products and healthcare technology software
  • Global Technology fastest-growing segment at +7.1% driven by cloud-based practice management platform adoption and revenue cycle management solutions; launched Global E-Commerce Platform (henryschein.com)
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Management Discussion & Analysis

  • Revenue $13,184M in FY2025, up 4.0% YoY from $12,673M; internal growth 2.6%, acquisitions 0.9%, FX 0.5%
  • Gross margin 31.1% vs 31.7% prior year; operating expense ratio 26.2% vs 26.8%; effective tax rate 23.7% vs 24.9%
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Risk Factors

  • CEO Stanley Bergman retiring March 1, 2026 after 37-year tenure; successor Frederick Lowery appointed January 2026 amid intensifying senior management competition
  • October 2023 cyberattack disrupted North American and European distribution operations; residual financial impact persisted through 2024 with ongoing remediation costs
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Financial Summary
XBRL

Revenue

$13.2B

Net Income

$398M

Gross Margin

31.1%

Operating Margin

5.0%

Net Margin

3.0%

ROE

12.3%

Total Assets

$11.2B

EPS (Diluted)

$3.27

Operating Cash Flow

$712M

Source: XBRL data from Henry Schein FY2025 10-K filing on SEC EDGAR. All figures in USD.

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