Cardinal closes fiscal year with ‘momentum’ 

DUBLIN, Ohio – Cardinal Health reported revenue of $1.6 billion in the fourth quarter for its Other segment, which includes at-Home Solutions, a 37% increase compared to the same period the previous year. It reported revenue of $5.4 billion for fiscal year 2025, a 19% increase. 

Profit for the Other segment, which also includes Nuclear and Precision Health Solutions and OptiFreight Logistics, increased 44% to $160 million in the quarter. It increased 22% to $423 million for the fiscal year. 

Overall, Cardinal Health reported revenue of $60.2 billion for the fourth quarter of 2025, relatively flat to the same period last year. It reported revenue of $22.6 billion for fiscal year 2025, a 2% decrease. 

Financial highlights: 

• Revenue increased 21% excluding the impact of a previously communicated contract expiration 
• Fourth quarter GAAP operating earnings were $428 million and GAAP diluted EPS was $1.00 
• Fourth quarter non-GAAP operating earnings increased 19% to $719 million and non-GAAP diluted EPS increased 13% to $2.08 
• Fiscal Year 2025 adjusted free cash flow was $2.5 billion 
• Fiscal year 2026 non-GAAP EPS guidance raised to $9.30 to $9.50, from $9.10 to $9.30 

Management commentary: 

“Fiscal 2025 was a transformative year for Cardinal Health, and we closed the year with momentum, delivering strong fourth quarter results," said Jason Hollar, CEO of Cardinal Health. "The broad-based operational strength, with all five of our operating segments growing profit double-digits, reflects the disciplined execution of our strategy and our investments for growth. We enter Fiscal 2026 with confidence, evidenced by our increased financial outlook, as we continue to evolve towards reaching our full potential."