Cardinal Health, Inc.
Explore Cardinal Health
Core profile pages, annual revenue records, and related research hubs for this company.
Cardinal Health, Inc.
Explore Cardinal Health
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
$222.6B
Market Cap
$48.2B
Net Income
$1.6B
Employees
57,700
Cardinal Health generated $222.578 billion in fiscal 2025 revenue, down from $226.827 billion in fiscal 2024, mainly because the OptumRx pharmaceutical distribution contract expired in June 2024. The revenue decline was strategically unusual: losing a very large but low-margin contract reduced sales while improving the mix of the remaining business. Net earnings were $1.569 billion in fiscal 2025. The key operating question is whether Cardinal can convert its scale in pharmaceutical distribution into more durable profit through specialty care, medical products, at-home solutions, and services layered on top of the core wholesale network.
Revenue Trend Analysis
YoY Change
-1.9%
3-Year CAGR
+7.1%
Peak Year
2024
Trend
Mostly Growing
Cardinal Health, Inc. has reported revenue across 4 fiscal years, compounding at +7.1% annually over 3 years. The most recent year saw a 1.9% decline versus the prior year. Revenue peaked in 2024 at $226.8B. Out of 3 reported periods, 2 showed growth and 1 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $222.6B | $1.6B | -1.9% |
| FY2024 | $226.8B | $853M | +10.7% |
| FY2023 | $205.0B | $331M | +13.0% |
| FY2022 | $181.3B | — | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Cardinal Health reported $222.578 billion in FY2025 revenue.
Thin distribution margins on very large revenue.
Cardinal Health had about 57,700 employees in fiscal 2025.
Cardinal Health reported $222.578 billion in FY2025 revenue.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Cardinal Health, Inc. Revenue & Financials." CorpDigest, https://corpdigest.com/company/cardinal-health/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Cardinal Health, Inc. reported $223B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/cardinal-health/financials" target="_blank" rel="noopener">CorpDigest — Cardinal Health, Inc. financials</a></div>