Direct Answer

McKesson Corporation reported revenue of $403 billion for the fiscal year ended March 31, 2026, with an operating margin of 1.5% and net income of $4.8 billion, according to its SEC filings. Revenue grew 12.4% from the prior year.

What Are McKesson Corporation's Key Financial Figures?

Fiscal yearFY2026
ended March 31, 2026
FY2025
ended March 31, 2025
FY2024
ended March 31, 2024
FY2023
ended March 31, 2023
Revenue$403 billion$359 billion$309 billion$277 billion
Operating income$6.2 billion$4.4 billion$3.9 billion$4.4 billion
Operating margin1.5%1.2%1.3%1.6%
Net income$4.8 billion$3.3 billion$3.0 billion$3.6 billion
Net margin1.2%0.9%1.0%1.3%
Operating cash flow$6.2 billion$6.1 billion$4.3 billion$5.2 billion
Capital expenditures$436 million$537 million$431 million$390 million
Free cash flow$5.7 billion$5.5 billion$3.9 billion$4.8 billion

Operating margin held roughly steady between fiscal 2025 and 2026, which separates pricing and cost discipline from revenue growth alone. Free cash flow (operating cash flow minus capital expenditures) was $5.7 billion against net income of $4.8 billion; cash generation covered reported earnings.

Bar chart of McKesson Corporation revenue, operating income, net income for fiscal 2023 to 2026. In fiscal 2026, revenue was $403 billion, operating income $6.2 billion and net income $4.8 billion.
McKesson Corporation revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.
Line chart of McKesson Corporation operating margin and net margin for fiscal 2023 to 2026. In fiscal 2026, operating margin was 1.5% and net margin was 1.2%.
McKesson Corporation operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.
Bar chart of McKesson Corporation operating cash flow, capital expenditures, free cash flow for fiscal 2023 to 2026. In fiscal 2026, operating cash flow was $6.2 billion, capital expenditures was $436 million, free cash flow was $5.7 billion.
McKesson Corporation operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.

What Does McKesson Corporation's Balance Sheet Show?

Cash and cash equivalents$4.0 billion
Long-term debt$6.5 billion
Total assets$82.3 billion
Total liabilitiesNot reported
Shareholders' equity-$2.2 billion
Current ratio0.9x

Balance sheet values are as of the end of fiscal 2026. 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 McKesson Corporation reported in its own SEC filings, read from the SEC's XBRL data (accession 0000927653-26-000069 for fiscal year 2026). Ratios are computed from those reported values. Figures were retrieved on October 7, 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 McKesson Corporation's revenue in fiscal 2026?

McKesson Corporation reported revenue of $403 billion for the fiscal year ended March 31, 2026, according to its SEC filings.

What is McKesson Corporation's operating margin?

McKesson Corporation's operating margin was 1.5% in fiscal 2026: operating income of $6.2 billion on revenue of $403 billion.

How much free cash flow did McKesson Corporation generate?

Operating cash flow of $6.2 billion less capital expenditures of $436 million gives free cash flow of $5.7 billion for fiscal 2026.

References

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