Cardinal Health has ‘positive perspective’ on at-Home Solutions

DUBLIN, Ohio – Cardinal Health’s Pharma segment may have been the star of the third quarter fiscal year 2026, but the company’s Other segment, which includes at-Home Solutions, held its own with a 31% increase in revenue to $1.7 billion.

Cardinal Health expects the segment – which also includes OptiFreight Logistics and Nuclear and Precision Health Solutions – to now see profit growth of 36% to 38% for the full year, up from 33% to 35%.

“We saw a strong performance across all three of the growth businesses affectionately known as Other,” said CFO Aaron Alt during a recent conference call to discuss the company’s financial results. “Revenue was up 31%. Profit was up 34%. But if you really unpack that, the strong secular trends (and) the competitive positioning we have – that's contributing to good results within the business and, indeed, lots of positive perspective on where those businesses are going to take us as we carry forward. Strong demand has also been a key part of why those businesses have succeeded the way they have.”

By comparison, Cardinal Health’s Pharmaceutical and Special Solutions segment posted $56.1 billion in revenue in the third quarter, an 11% increase. Overall, the company reported revenue of $60.9 billion, an 11% increase.

ADS acquisition enters lap year

Company officials said the Advanced Diabetes Supply (ADS) acquisition, a big driver of growth in the at-Home Solutions segment, has pivoted from integrating supply chain and distribution to shoring up systems and back-office operations to ensure a “best-in-class” patient experience.

“It’s going very well,” Alt said. “We had a plan with opportunities to overperform, and we continue to see the goodness coming from the at-Home business supported by the ADS acquisition.”

Company officials noted the company laps the ADS acquisition in April, which will result in more normalized growth in the fourth quarter.

Referral program realizes segment synergies

Company officials also highlighted early momentum for ContinuCare Pathway, a referral program launched earlier this year that connects retail pharmacies with at‑Home Solutions to streamline fulfillment and home delivery of diabetes supplies, including continuous glucose monitors (CGMs). The program has already grown 20% and serves 165,000 patients.

CEO Jason Hollar pointed to ContinuCare Pathway as an example of the synergies between Pharmaceutical and Specialty Solutions and at‑Home Solutions, enabled by ongoing investments in technology and Cardinal Health’s distribution footprint.

“To that end,” he said, “we have signed a lease and are progressing with our new Sacramento distribution center, which will help us serve an even more customers on the West Coast.”