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Cardinal Health's Revenue (2016 - 2025)

  • Cardinal Health's annual revenue was $222.58 B in fiscal year 2025. The annual revenue decreased -$4.25 B from $226.83 B (in 2024) to $222.58 B (in 2025), representing a -1.87% year-over-year decline.

  • Cardinal Health's quarterly revenue was $60.94 B in the quarter ending Mar 2026. The quarterly revenue increased $6.06 B from $54.88 B (in Q3: June 2025) to $60.94 B (in Q3: June 2026), representing a 11.05% year-over-year growth.

    • Over the past 10 years (2016 - 2025):
  • The highest annual revenue for Cardinal Health was $226.83 B in fiscal year 2024.
  • The lowest annual revenue was $121.55 B in fiscal year 2016.
  • The average revenue was $168.50 B.

    • Learn more about Cardinal Health's Revenue by Segment and Revenue by Region.

    Check out competitors to Cardinal Health in a side-by-side comparison.

    Explore additional financial metrics for Cardinal Health.


    Definition of Revenue :
  • Revenue is the amount of money generated by a business from sales of its goods or services. Refer to our glossary for more details, examples, and formulas.
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Cardinal Health's Revenue Trend

2025

Cardinal Health's annual revenue was $222.58 B in fiscal year 2025.

Cardinal Health's quarterly revenue was $52.28 B(Q1: Sep 2024), $55.26 B(Q2: Dec 2024), $54.88 B(Q3: Mar 2025), $60.16 B(Q4: Jun 2025) in fiscal year 2025.

2024

Cardinal Health's annual revenue was $226.83 B in fiscal year 2024.

Cardinal Health's quarterly revenue was $54.65 B(Q1: Sep 2023), $57.44 B(Q2: Dec 2023), $54.87 B(Q3: Mar 2024), $59.71 B(Q4: Jun 2024) in fiscal year 2024.

2023

Cardinal Health's annual revenue was $204.98 B in fiscal year 2023.

Cardinal Health's quarterly revenue was $49.60 B(Q1: Sep 2022), $51.47 B(Q2: Dec 2022), $50.49 B(Q3: Mar 2023), $53.45 B(Q4: Jun 2023) in fiscal year 2023.

2022

Cardinal Health's annual revenue was $181.33 B in fiscal year 2022.

Cardinal Health's quarterly revenue was $43.97 B(Q1: Sep 2021), $45.46 B(Q2: Dec 2021), $44.84 B(Q3: Mar 2022), $47.10 B(Q4: Jun 2022) in fiscal year 2022.

2021

Cardinal Health's annual revenue was $162.47 B in fiscal year 2021.

Cardinal Health's quarterly revenue was $39.07 B(Q1: Sep 2020), $41.54 B(Q2: Dec 2020), $39.28 B(Q3: Mar 2021), $42.59 B(Q4: Jun 2021) in fiscal year 2021.

2020

Cardinal Health's annual revenue was $152.92 B in fiscal year 2020.

Cardinal Health's quarterly revenue was $37.34 B(Q1: Sep 2019), $39.74 B(Q2: Dec 2019), $39.16 B(Q3: Mar 2020), $36.69 B(Q4: Jun 2020) in fiscal year 2020.

2019

Cardinal Health's annual revenue was $145.53 B in fiscal year 2019.

Cardinal Health's quarterly revenue was $35.21 B(Q1: Sep 2018), $37.74 B(Q2: Dec 2018), $35.23 B(Q3: Mar 2019), $37.35 B(Q4: Jun 2019) in fiscal year 2019.

2018

Cardinal Health's annual revenue was $136.81 B in fiscal year 2018.

Cardinal Health's quarterly revenue was $32.64 B(Q1: Sep 2017), $35.19 B(Q2: Dec 2017), $33.63 B(Q3: Mar 2018), $35.35 B(Q4: Jun 2018) in fiscal year 2018.

2017

Cardinal Health's annual revenue was $129.98 B in fiscal year 2017.

Cardinal Health's quarterly revenue was $32.04 B(Q1: Sep 2016), $33.15 B(Q2: Dec 2016), $31.82 B(Q3: Mar 2017), $32.97 B(Q4: Jun 2017) in fiscal year 2017.

2016

Cardinal Health's annual revenue was $121.55 B in fiscal year 2016.

Cardinal Health's quarterly revenue was $28.06 B(Q1: Sep 2015), $31.45 B(Q2: Dec 2015), $30.66 B(Q3: Mar 2016), $31.38 B(Q4: Jun 2016) in fiscal year 2016.

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Cardinal Health's Revenue (Year-over-Year Change)

2015 0
2016 +18.55
2017 +6.94
2018 +5.26
2019 +6.38
2020 +5.08
2021 +6.24
2022 +11.61
2023 +13.04
2024 +10.66
2025 -1.87

2025

Cardinal Health’s annual revenue decreased -1.87% during fiscal year 2025 compared to 2024. It represents a decline of $4.25 B from $226.83 B (in 2024) to $222.58 B (in 2025).

2024

Cardinal Health’s annual revenue increased +10.66% during fiscal year 2024 compared to 2023. It represents a growth of $21.85 B from $204.98 B (in 2023) to $226.83 B (in 2024).

2023

Cardinal Health’s annual revenue increased +13.04% during fiscal year 2023 compared to 2022. It represents a growth of $23.65 B from $181.33 B (in 2022) to $204.98 B (in 2023).

2022

Cardinal Health’s annual revenue increased +11.61% during fiscal year 2022 compared to 2021. It represents a growth of $18.86 B from $162.47 B (in 2021) to $181.33 B (in 2022).

2021

Cardinal Health’s annual revenue increased +6.24% during fiscal year 2021 compared to 2020. It represents a growth of $9.55 B from $152.92 B (in 2020) to $162.47 B (in 2021).

2020

Cardinal Health’s annual revenue increased +5.08% during fiscal year 2020 compared to 2019. It represents a growth of $7.39 B from $145.53 B (in 2019) to $152.92 B (in 2020).

2019

Cardinal Health’s annual revenue increased +6.38% during fiscal year 2019 compared to 2018. It represents a growth of $8.73 B from $136.81 B (in 2018) to $145.53 B (in 2019).

2018

Cardinal Health’s annual revenue increased +5.26% during fiscal year 2018 compared to 2017. It represents a growth of $6.83 B from $129.98 B (in 2017) to $136.81 B (in 2018).

2017

Cardinal Health’s annual revenue increased +6.94% during fiscal year 2017 compared to 2016. It represents a growth of $8.43 B from $121.55 B (in 2016) to $129.98 B (in 2017).

2016

Cardinal Health’s annual revenue increased +18.55% during fiscal year 2016 compared to 2015. It represents a growth of $19.02 B from $102.53 B (in 2015) to $121.55 B (in 2016).

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Cardinal Health Revenue History

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Period Revenue Year-over-Year Change
FY 2025
$222.58 B -$4.25 B 1.87%
Q4: Jun 25 $60.16 B $451.00 M 0.76%
Q3: Mar 25 $54.88 B $10.00 M 0.02%
Q2: Dec 24 $55.26 B -$2.18 B 3.79%
Q1: Sep 24 $52.28 B -$2.37 B 4.34%
FY 2024
$226.83 B $21.85 B 10.66%
Q4: Jun 24 $59.71 B $6.26 B 11.7%
Q3: Mar 24 $54.87 B $4.38 B 8.68%
Q2: Dec 23 $57.44 B $5.97 B 11.61%
Q1: Sep 23 $54.65 B $5.05 B 10.17%
FY 2023
$204.98 B $23.65 B 13.04%
Q4: Jun 23 $53.45 B $6.35 B 13.48%
Q3: Mar 23 $50.49 B $5.65 B 12.6%
Q2: Dec 22 $51.47 B $6.01 B 13.23%
Q1: Sep 22 $49.60 B $5.64 B 12.82%
FY 2022
$181.33 B $18.86 B 11.61%
Q4: Jun 22 $47.10 B $4.52 B 10.61%
Q3: Mar 22 $44.84 B $5.56 B 14.16%
Q2: Dec 21 $45.46 B $3.92 B 9.43%
Q1: Sep 21 $43.97 B $4.90 B 12.55%
FY 2021
$162.47 B $9.55 B 6.24%
Q4: Jun 21 $42.59 B $5.90 B 16.07%
Q3: Mar 21 $39.28 B $118.00 M 0.3%
Q2: Dec 20 $41.54 B $1.81 B 4.55%
Q1: Sep 20 $39.07 B $1.72 B 4.62%
FY 2020
$152.92 B $7.39 B 5.08%
Q4: Jun 20 $36.69 B -$664.00 M 1.78%
Q3: Mar 20 $39.16 B $3.93 B 11.15%
Q2: Dec 19 $39.74 B $2.00 B 5.29%
Q1: Sep 19 $37.34 B $2.13 B 6.04%
FY 2019
$145.53 B $8.73 B 6.38%
Q4: Jun 19 $37.35 B $2.00 B 5.67%
Q3: Mar 19 $35.23 B $1.60 B 4.74%
Q2: Dec 18 $37.74 B $2.55 B 7.26%
Q1: Sep 18 $35.21 B $2.57 B 7.88%
FY 2018
$136.81 B $6.83 B 5.26%
Q4: Jun 18 $35.35 B $2.38 B 7.23%
Q3: Mar 18 $33.63 B $1.81 B 5.69%
Q2: Dec 17 $35.19 B $2.04 B 6.14%
Q1: Sep 17 $32.64 B $602.00 M 1.88%
FY 2017
$129.98 B $8.43 B 6.94%
Q4: Jun 17 $32.97 B $1.58 B 5.04%
Q3: Mar 17 $31.82 B $1.16 B 3.78%
Q2: Dec 16 $33.15 B $1.71 B 5.42%
Q1: Sep 16 $32.04 B $3.98 B 14.2%
FY 2016
$121.55 B $19.02 B 18.55%
Q4: Jun 16 $31.38 B $3.84 B 13.92%
Q3: Mar 16 $30.66 B $5.29 B 20.84%
Q2: Dec 15 $31.45 B $5.91 B 23.14%
Q1: Sep 15 $28.06 B $3.99 B 16.56%

Frequently Asked Questions

What is the annual revenue of Cardinal Health?

In fiscal year 2025, Cardinal Health's revenue was $222.58 Billion.

How much did Cardinal Health's revenue change in the last year?

Cardinal Health's revenue decreased by -1.87% (-$4.25 Billion) in 2025 compared to 2024.

What is Cardinal Health's most recent quarterly revenue?

In the third quarter (Q3) of 2026, Cardinal Health reported a revenue of $60.94 Billion.

What is Cardinal Health's revenue per share (TTM)?

Cardinal Health's revenue per share over the trailing twelve months is $1.07 K.

What is Cardinal Health's revenue per employee?

In the fiscal year 2025, Cardinal Health's revenue per employee was $3.86 Million.

What is the annual net income of Cardinal Health?

In fiscal year 2025, Cardinal Health's net income was $1.56 Billion.

What is Cardinal Health's biggest product segment, and what is its revenue?

Pharmaceutical Member is Cardinal Health's biggest product segment, generating $204.64 Billion in revenue for fiscal year 2025.

What is Cardinal Health's net income per employee?

In the fiscal year 2025, Cardinal Health's net income per employee was $27.05 K.

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