Earnings Call
Aug 5, 2026
Q2 FY2026
EPS Estimate
9.56
EPS Actual
9.86
Post-Earnings Close
$871.38
Earnings Reaction
-0.7%
McKesson posted record quarterly revenues of $103 billion in its fiscal second quarter 2026, up 10% year-over-year, with adjusted EPS of $9.86, a 39% increase that cleared the consensus estimate of $9.56 by a meaningful margin. Three of four segments delivered double-digit adjusted operating profit growth, and consolidated operating profit reached a quarterly record of $1.6 billion, up 26%. The strength was broad-based enough that management raised full-year adjusted EPS guidance by $0.30 to a range of $38.35, $38.85, representing 16%, 18% growth over the prior year, the second guidance raise in as many months following an $0.80 increase announced at the September Investor Day.
Report generated on Aug 4, 2026
AI-generated earnings analysis. Not investment advice.
Chief Executive Officer
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
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