Cardinal Health sees ‘broad-based performance’
By HME News Staff
Updated 9:46 AM CDT, Mon May 5, 2025
DUBLIN, Ohio – Cardinal Health has reported revenues of $54.9 billion for the third quarter fiscal year 2025, flat to the same period last year. The company reported GAAP operating earnings of $730 million and non-GAAP operating earnings of $807 million, a 21% increase, driven by across-the-board segment profit growth. "Our strong momentum continued into our third quarter as our team's ongoing focus on operational execution and value creation led to excellent financial results," said Jason Hollar, CEO of Cardinal Health. "I am delighted to see the broad-based performance, with all five of our operating segments contributing to our strong growth. We are pleased to raise our fiscal 2025 guidance demonstrating the strength and resilience of Cardinal Health." The company’s Other segment, which comprises at-Home Solutions, Nuclear and Precision Health Solutions, and OptiFreight Logistics, reported revenue of $1.3 billion, a 13% increase, and a profit of $134 million, a 22% increase. Cardinal has increased its outlook for Other segment profit to 16% to 18% growth from about 10% growth, driven by stronger organic performance and the completed acquisition of Advanced Diabetes Supply Group.
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