McKesson (MCK) Financial Statements & Analysis

McKesson (MCK) Income Statement

McKesson reported revenue of $403.43B in fiscal 2026 (fiscal year ended Mar 31, 2026), up 12.4% from $359.05B a year earlier. Net income was $4.76B, up 44.5% year over year, a net margin of 1.2%. Gross margin was 3.6% and operating margin 1.6%. In the most recent quarter, Q1 fiscal 2027 (ended Jun 30, 2026), revenue was $105.38B, up 7.7% from the same quarter a year earlier.

McKesson Income Statement Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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McKesson Corporation income statement - Annual data in billions USD
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017
Revenue & Gross Profit
Revenue	403.43	359.05	308.95	276.71	263.97	238.23	231.05	214.32	208.36	198.53
Cost of Revenue	388.88	345.73	296.75	264.84	250.84	226.08	219.65	203.56	197.97	187.85
Gross Profit	14.55	13.32	12.20	11.87	13.13	12.15	11.40	10.76	10.39	10.69
Operating Expenses
Research & Development	0.10	0.09	0.08	0.09	0.07	0.07	0.10	0.07	0.13	0.34
Selling, General & Administrative	-8.10	8.51	8.20	7.33	10.54	8.85	8.29	7.61	7.35	6.99
Operating Expenses	8.10	8.51	8.28	7.42	10.54	17.19	8.39	7.68	7.47	7.33
Operating Income	6.45	4.82	3.93	4.45	2.59	-5.04	3.01	3.08	2.92	3.36
Other Income/Expense
Interest Income	0.18	0.17	0.12	0.11	0.01	0.01	0.05	0.04	0.05	0.03
Interest Expense	0.25	0.27	0.24	0.25	0.18	-0.22	0.25	0.26	0.28	0.31
Other Income/Expense	-0.25	-0.37	-0.14	0.18	-0.50	0.01	-1.87	-2.47	-2.68	3.53
Income
Income Before Tax	6.20	4.36	3.79	4.63	1.93	-5.03	1.14	0.61	0.24	6.89
Income Tax Expense	1.10	0.88	0.63	0.91	0.64	-0.70	0.02	0.36	-0.05	1.61
Net Income	4.76	3.30	3.00	3.56	1.11	-4.54	0.90	0.03	0.07	5.18
Net Income - Continuous Operations	4.76	3.48	3.00	3.56	1.29	-4.54	0.90	0.03	0.07	5.18
Net Income - Discontinued Operations	-	-	-	0.00	0.00	-	-	-	-	-
EBITDA	7.18	5.26	4.67	5.74	2.87	-4.15	2.32	1.82	1.47	8.11
EBIT	6.29	4.62	4.04	4.88	2.11	-5.04	-	-	-	-
Depreciation & Amortization	0.73	0.64	0.64	0.86	0.76	0.77	0.92	0.95	0.95	0.91
Earnings Per Share
Basic EPS	39.00	26.00	23.00	25.00	7.00	-28.00	5.00	-	-	23.00
Diluted EPS	38.00	26.00	22.00	25.00	7.00	-28.00	5.00	-	-	23.00
Basic Shares Outstanding	0.12	0.13	0.13	0.14	0.15	0.16	0.18	0.20	0.21	0.22
Diluted Shares Outstanding	0.12	0.13	0.13	0.14	0.15	0.16	0.18	0.20	0.21	0.22

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About McKesson Financial Statements

What was McKesson's revenue in fiscal 2026?

McKesson reported revenue of $403.43B in fiscal 2026 (fiscal year ended Mar 31, 2026). That was up 12.4% from $359.05B a year earlier.

Is McKesson profitable?

Yes. McKesson earned net income of $4.76B in fiscal 2026, a net margin of 1.2%. In fiscal 2025 it earned $3.29B.

What is McKesson's operating margin?

McKesson's operating income was $6.45B on revenue of $403.43B in fiscal 2026, an operating margin of 1.6%, compared with 1.3% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition