Direct Answer
Cardinal Health reported revenue of $223 billion for the fiscal year ended June 30, 2025, with an operating margin of 1.0% and net income of $1.6 billion, according to its SEC filings. Revenue fell 1.9% from the prior year.
What Are Cardinal Health's Key Financial Figures?
| Fiscal year | FY2025 ended June 30, 2025 | FY2024 ended June 30, 2024 | FY2023 ended June 30, 2023 | FY2022 ended June 30, 2022 |
|---|---|---|---|---|
| Revenue | $223 billion | $227 billion | $205 billion | $181 billion |
| Operating income | $2.3 billion | $1.2 billion | $752 million | -$607 million |
| Operating margin | 1.0% | 0.5% | 0.4% | -0.3% |
| Net income | $1.6 billion | $852 million | $330 million | -$938 million |
| Net margin | 0.7% | 0.4% | 0.2% | -0.5% |
| Operating cash flow | $2.4 billion | $3.8 billion | $2.8 billion | $3.2 billion |
| Capital expenditures | $547 million | $511 million | $481 million | $387 million |
| Free cash flow | $1.9 billion | $3.3 billion | $2.4 billion | $2.8 billion |
Operating margin held roughly steady between fiscal 2024 and 2025, which separates pricing and cost discipline from revenue growth alone. Free cash flow (operating cash flow minus capital expenditures) was $1.9 billion against net income of $1.6 billion; cash generation covered reported earnings.
What Does Cardinal Health's Balance Sheet Show?
| Cash and cash equivalents | $3.9 billion |
|---|---|
| Long-term debt | $8.0 billion |
| Total assets | $53.1 billion |
| Total liabilities | Not reported |
| Shareholders' equity | -$2.8 billion |
| Current ratio | 0.9x |
Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions.
Where These Numbers Come From
Every figure on this page is a value Cardinal Health reported in its own SEC filings, read from the SEC's XBRL data (accession 0000721371-26-000038 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 12, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.
Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.
Frequently Asked Questions
What was Cardinal Health's revenue in fiscal 2025?
Cardinal Health reported revenue of $223 billion for the fiscal year ended June 30, 2025, according to its SEC filings.
What is Cardinal Health's operating margin?
Cardinal Health's operating margin was 1.0% in fiscal 2025: operating income of $2.3 billion on revenue of $223 billion.
How much free cash flow did Cardinal Health generate?
Operating cash flow of $2.4 billion less capital expenditures of $547 million gives free cash flow of $1.9 billion for fiscal 2025.