| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 3.5K | 2.7% | 6.7% |
| Total Income | 3.5K | 2.7% | 6.7% |
| Expenditure | 3.3K | 3.2% | 6.4% |
| PBT | 137.00 | 8.7% | 13.2% |
| Net Profit | 94.00 | 12.2% | 9.3% |
| OPM | 4.95% | 0.46pp | 0.29pp |
| NPM | 2.72% | 0.46pp | 0.06pp |
| EPS | 0.83 | 10.8% | 16.9% |
Henry Schein Reports Strong Second Quarter 2026 Financial Results and Raises FY2026 Guidance
04 Aug 2026 · 4 Aug, 3:46 pm
Summary
Henry Schein reported strong financial results for the second quarter of 2026, with total net sales reaching $3.5 billion, a 6.7% increase year-over-year. The company also saw significant growth in its Global Distribution and Value-Added Services segment. Both GAAP and non-GAAP diluted EPS showed notable increases, with non-GAAP EPS rising to $1.27. Driven by this performance and sustained momentum, Henry Schein has raised its full-year 2026 guidance, now projecting higher non-GAAP diluted EPS and increased total sales growth.
Key Highlights
- 1
Henry Schein reported strong second quarter 2026 financial results, leading to a raise in FY2026 guidance.
- 2
Total net sales for the second quarter of 2026 were $3.5 billion, an increase of 6.7% compared to the second quarter of 2025.
- 3
Global Distribution and Value-Added Services sales increased by 6.6% in Q2 2026 compared to Q2 2025.
- 4
Q2 2026 GAAP diluted EPS was $0.82, an increase from $0.70 in Q2 2025.
- 5
Q2 2026 non-GAAP diluted EPS was $1.27, up from $1.10 in Q2 2025.
- 6
Adjusted EBITDA for the second quarter of 2026 was $288 million, compared to $256 million in the prior year's second quarter.
- 7
The company raised its FY2026 guidance, now expecting non-GAAP diluted EPS between $5.29 to $5.39 and total sales growth of 4.5% to 5.5%.
Management Comments
Fred Lowery
We delivered strong sales performance and margin improvement in the second quarter, driven by sustained momentum across our businesses and solid operational execution by the team. Internal local currency sales growth accelerated compared to the first quarter, which, combined with strong gross margins and the early benefits from our value creation initiatives, drove strong earnings growth. Our first-half performance and the sustained momentum have positioned us to raise our FY2026 guidance. Our value creation plans remain a top focus for our team, and we are on track to achieve our goals. As we sharpen our focus, our priorities ahead are accelerating growth, simplifying our business, driving operational rigor, and further deepening our customer relationships, all of which we believe will create sustainable shareholder value.
Informational and educational content only. Not investment advice.