McKesson Corporation (MCK) Q4 2025 10-Q Quarterly Report

Filed: Feb 4, 2026Period ending Dec 31, 2025
Consumer Staples
Wholesale-Drugs, Proprietaries & Druggists' SundriesSEC EDGAR

McKesson Corporation (MCK) 10-Q quarterly report for Q4 2025, filed with SEC EDGAR on Feb 4, 2026 for the fiscal period ending Dec 31, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

McKesson Corporation Q4 2025 10-Q Analysis

Management Discussion & Analysis

  • Revenue $106.2B Q2 FY26, up 11% YoY from $95.3B; $307.1B 9M FY26, up 15% YoY from $268.2B
  • Operating margin 1.81% Q2 FY26 vs ~1.52% Q2 FY25 estimated (1,916M profit on 106,158M revenue vs 1,448M on 95,294M)
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Risk Factors

  • New operational risk from Rite Aid bankruptcy impact: $29M net charge in provision for bad debts and vendor credits recorded in 3Q FY26
  • Most material update in restructuring charges: $146M in 9M FY26 vs $213M in 9M FY25, reflecting ongoing cost optimization initiatives
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McKesson Corporation Q4 2025 Quarterly Financials
XBRL

Revenue

$106.2B

+11.4% YoY +2.9% QoQ

Net Income

$1.2B

+34.9% YoY +6.8% QoQ

Gross Margin

3.5%

+3bp YoY +4bp QoQ

Operating Margin

1.5%

+24bp YoY +16bp QoQ

Net Margin

1.1%

+19bp YoY +4bp QoQ

ROE

-91.4%

-6287bp YoY

Total Assets

$84.2B

+18.4% YoY

EPS (Diluted)

$9.57

+38.5% YoY +7.4% QoQ

Operating Cash Flow

$1.2B

+151.7% YoY -49.1% QoQ

Source: XBRL data from McKesson Corporation Q4 2025 10-Q filing on SEC EDGAR. All figures in USD.

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