Henry Schein Inc. (HSIC) financial statements: income statement, balance sheet and cash flow
Henry Schein Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 27, 2025 · FY), Henry Schein Inc. reported revenue of $13.2B (+4.0% year on year) and net income of $419.0M (+5.3% year on year).
Income statement
Henry Schein Inc. income statement, fiscal years
Line item
Dec 27, 2025 · FY
Dec 28, 2024 · FY
Dec 30, 2023 · FY
Dec 31, 2022 · FY
Net sales
$13.2B
$12.7B
$12.3B
$12.6B
Cost of sales
$9.1B
$8.7B
$8.5B
$8.8B
Gross profit
$4.1B
$4.0B
$3.9B
$3.8B
Selling, general and administrative
$3.1B
$3.0B
$3.0B
$2.8B
Depreciation and amortization
$263.0M
$251.0M
$210.0M
$182.0M
Restructuring and related costs
$105.0M
—
—
—
Operating income
$653.0M
$621.0M
$615.0M
$747.0M
Interest income
$33.0M
$24.0M
$17.0M
$17.0M
Interest expense
($150.0M)
($131.0M)
($87.0M)
($44.0M)
Other, net
($3.0M)
($1.0M)
($3.0M)
$1.0M
Income before taxes, equity in earnings of affiliates and noncontrolling interests
$533.0M
$513.0M
$542.0M
$721.0M
Income taxes
($126.0M)
($128.0M)
($120.0M)
($170.0M)
Equity in earnings of affiliates, net of tax
$12.0M
$13.0M
$14.0M
$15.0M
Net Income
$419.0M
$398.0M
$436.0M
$566.0M
Less: Net income attributable to noncontrolling interests
($21.0M)
($8.0M)
($20.0M)
($28.0M)
Net income attributable to Henry Schein, Inc.
$398.0M
$390.0M
$416.0M
$538.0M
Basic (in dollars per share)
$3.29
$3.07
$3.18
$3.95
Diluted (in dollars per share)
$3.27
$3.05
$3.16
$3.91
Basic (in shares)
120.8M
126.8M
130.6M
136.1M
Diluted (in shares)
121.7M
127.8M
131.7M
137.8M
Henry Schein Inc. income statement, quarters
Line item
Jun 27, 2026 · Q2
Mar 28, 2026 · Q1
Sep 27, 2025 · Q3
Jun 28, 2025 · Q2
Net sales
$3.5B
$3.4B
$3.3B
$3.2B
Cost of sales
$2.4B
$2.3B
$2.3B
$2.2B
Gross profit
$1.1B
$1.1B
$1.0B
$1.0B
Selling, general and administrative
$831.0M
$809.0M
$760.0M
$778.0M
Depreciation and amortization
$70.0M
$67.0M
$68.0M
$64.0M
Restructuring and related costs
$29.0M
$12.0M
$34.0M
$23.0M
Operating income
$171.0M
$182.0M
$164.0M
$151.0M
Interest income
$8.0M
$7.0M
$9.0M
$9.0M
Interest expense
($43.0M)
($39.0M)
($38.0M)
($38.0M)
Other, net
$1.0M
$0
($1.0M)
($1.0M)
Income before taxes, equity in earnings of affiliates and noncontrolling interests
$137.0M
$150.0M
$134.0M
$121.0M
Income taxes
($34.0M)
($38.0M)
($28.0M)
($31.0M)
Equity in earnings (loss) of affiliates, net of tax
($1.0M)
$0
$3.0M
$4.0M
Net income
$102.0M
$112.0M
$109.0M
$94.0M
Less: Net income attributable to noncontrolling interests
($8.0M)
($5.0M)
($8.0M)
($8.0M)
Net income attributable to Henry Schein, Inc.
$94.0M
$107.0M
$101.0M
$86.0M
Basic (in dollars per share)
$0.83
$0.93
$0.84
$0.71
Diluted (in dollars per share)
$0.82
$0.92
$0.84
$0.70
Basic (in shares)
113.5M
114.9M
120.2M
121.9M
Diluted (in shares)
114.4M
116.1M
121.0M
122.6M
Balance sheet
Henry Schein Inc. balance sheet, fiscal years
Line item
Dec 27, 2025 · FY
Dec 28, 2024 · FY
Dec 30, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$156.0M
$122.0M
$171.0M
$117.0M
Accounts receivable, net of allowance for credit losses of $90 and $78
$1.7B
$1.5B
$1.9B
$1.4B
Inventories, net
$2.0B
$1.8B
$1.8B
$2.0B
Prepaid expenses and other
$655.0M
$569.0M
$639.0M
$466.0M
Total current assets
$4.5B
$4.0B
$4.5B
$4.0B
Property and equipment, net
$621.0M
$531.0M
$498.0M
$383.0M
Operating Lease Right-of-Use Asset
$301.0M
$293.0M
$325.0M
$284.0M
Business acquisition allocated, goodwill
$4.2B
$3.9B
$3.9B
$2.9B
Other intangibles, net
$1.0B
$1.0B
$916.0M
$587.0M
Investments and other
$598.0M
$501.0M
$471.0M
$472.0M
Total assets
$11.2B
$10.2B
$10.6B
$8.6B
Accounts payable
$1.2B
$962.0M
$1.0B
$1.0B
Bank credit lines
$764.0M
$650.0M
$264.0M
$103.0M
Current maturities of long-term debt
$33.0M
$56.0M
$150.0M
$6.0M
Operating lease liabilities
$78.0M
$75.0M
$80.0M
$73.0M
Payroll and related
$340.0M
$303.0M
$332.0M
$314.0M
Taxes
$179.0M
$139.0M
$137.0M
$132.0M
Other
$680.0M
$618.0M
$700.0M
$592.0M
Total current liabilities
$3.2B
$2.8B
$2.7B
$2.2B
Long-term debt
$2.3B
$1.8B
$1.9B
$1.0B
Deferred income taxes
$146.0M
$102.0M
$54.0M
$36.0M
Non-current operating lease liabilities
$251.0M
$259.0M
$310.0M
$275.0M
Other liabilities
$486.0M
$387.0M
$436.0M
$361.0M
Total liabilities
$6.4B
$5.4B
$5.4B
$3.9B
Redeemable noncontrolling interests
$895.0M
$806.0M
$864.0M
$576.0M
Preferred stock, $0.01 par value, 1,000,000 shares authorized, none outstanding
0
0
0
0
Common stock, $0.01 par value, 480,000,000 shares authorized, 115,771,149 issued and outstanding on December 27, 2025 and 124,155,884 issued and outstanding on December 28, 2024
1.0M
1.0M
1.0M
1.0M
Additional Paid-In Capital
$177.0M
$0
$0
$0
Retained earnings
$3.3B
$3.8B
$3.9B
$3.7B
Accumulated other comprehensive loss
($226.0M)
($379.0M)
($206.0M)
($233.0M)
Total Henry Schein, Inc. stockholders' equity
$3.2B
$3.4B
$3.7B
$3.4B
Noncontrolling interests
$654.0M
$638.0M
$634.0M
$649.0M
Total stockholders' equity
$3.9B
$4.0B
$4.3B
$4.1B
Total liabilities, redeemable noncontrolling interests and stockholders' equity
$11.2B
$10.2B
$10.6B
$8.6B
Henry Schein Inc. balance sheet, quarters
Line item
Jun 27, 2026
Mar 28, 2026
Sep 27, 2025
Jun 28, 2025
Cash and cash equivalents
$157.0M
$138.0M
$136.0M
$145.0M
Accounts receivable, net of allowance for credit losses of $97 and $90
$1.8B
$1.7B
$1.7B
$1.6B
Inventories, net
$2.1B
$2.0B
$1.9B
$1.9B
Prepaid expenses and other
$621.0M
$625.0M
$604.0M
$545.0M
Total current assets
$4.6B
$4.5B
$4.4B
$4.2B
Property and equipment, net
$618.0M
$618.0M
$603.0M
$587.0M
Operating Lease Right-of-Use Asset
$322.0M
$312.0M
$308.0M
$300.0M
Business acquisition allocated initial goodwill amount
$4.3B
$4.3B
$4.1B
$4.1B
Other intangibles, net
$965.0M
$1.0B
$1.0B
$1.0B
Investments and other
$604.0M
$587.0M
$598.0M
$650.0M
Total assets
$11.4B
$11.3B
$11.1B
$10.9B
Accounts payable
$1.1B
$1.0B
$1.0B
$918.0M
Bank credit lines
$1.0B
$1.0B
$913.0M
$901.0M
Current maturities of long-term debt
$138.0M
$35.0M
$30.0M
$27.0M
Operating lease liabilities
$76.0M
$78.0M
$81.0M
$81.0M
Payroll and related
$307.0M
$262.0M
$291.0M
$285.0M
Taxes
$199.0M
$192.0M
$181.0M
$170.0M
Other
$609.0M
$641.0M
$618.0M
$625.0M
Total current liabilities
$3.5B
$3.3B
$3.1B
$3.0B
Long-term debt
$2.3B
$2.3B
$2.2B
$2.1B
Deferred income taxes
$153.0M
$158.0M
$144.0M
$147.0M
Noncurrent operating lease liabilities
$275.0M
$263.0M
$264.0M
$259.0M
Other liabilities
$442.0M
$437.0M
$487.0M
$504.0M
Total liabilities
$6.7B
$6.5B
$6.2B
$6.0B
Redeemable noncontrolling interests
$906.0M
$903.0M
$877.0M
$811.0M
Preferred stock, $0.01 par value, 1,000,000 shares authorized, none outstanding
0
0
0
0
Common stock, $0.01 par value, 480,000,000 shares authorized,111,916,222 issued and outstanding on June 27, 2026 and 115,771,149 issued and outstanding on December 27, 2025
1.0M
1.0M
1.0M
1.0M
Additional Paid-In Capital
$140.0M
$167.0M
$207.0M
$186.0M
Retained earnings
$3.2B
$3.3B
$3.4B
$3.5B
Accumulated other comprehensive loss
($184.0M)
($189.0M)
($222.0M)
($227.0M)
Total Henry Schein, Inc. stockholders' equity
$3.2B
$3.3B
$3.4B
$3.4B
Noncontrolling interests
$660.0M
$653.0M
$662.0M
$643.0M
Total stockholders' equity
$3.8B
$3.9B
$4.0B
$4.1B
Total liabilities, redeemable noncontrolling interests and stockholders' equity
$11.4B
$11.3B
$11.1B
$10.9B
Cash flow statement
Henry Schein Inc. cash flow statement, fiscal years
Line item
Dec 27, 2025 · FY
Dec 28, 2024 · FY
Dec 30, 2023 · FY
Dec 31, 2022 · FY
Net Income
$419.0M
$398.0M
$436.0M
$566.0M
Depreciation and amortization
$311.0M
$297.0M
$248.0M
$212.0M
Impairment charge on intangible assets
$16.0M
$0
$7.0M
$34.0M
Impairment of capitalized software
$0
$12.0M
$27.0M
—
Non-cash restructuring and related charges
$8.0M
$32.0M
$27.0M
$93.0M
Stock-based compensation expense
$39.0M
$39.0M
$39.0M
$54.0M
Provision for losses on trade and other accounts receivable
$16.0M
$14.0M
$18.0M
$5.0M
Provision for (benefit from) deferred income taxes
$5.0M
($61.0M)
($20.0M)
($73.0M)
Equity in earnings of affiliates
($12.0M)
($13.0M)
($14.0M)
($15.0M)
Distributions from equity affiliates
$11.0M
$12.0M
$15.0M
$15.0M
Changes in unrecognized tax benefits
$4.0M
$5.0M
$10.0M
$12.0M
Other
($57.0M)
($27.0M)
($3.0M)
($20.0M)
Accounts receivable
($124.0M)
$315.0M
($327.0M)
($7.0M)
Inventories
($95.0M)
($59.0M)
$231.0M
($126.0M)
Other current assets
($45.0M)
$47.0M
($138.0M)
($52.0M)
Accounts payable and accrued expenses
$216.0M
($163.0M)
($56.0M)
($96.0M)
Net cash provided by operating activities
$712.0M
$848.0M
$500.0M
$602.0M
Purchases of property and equipment
($139.0M)
($148.0M)
($147.0M)
($96.0M)
Payments related to equity investments and business acquisitions, net of cash acquired
($199.0M)
($230.0M)
($955.0M)
($158.0M)
Proceeds from loan to affiliate
$3.0M
$4.0M
$6.0M
$11.0M
Settlements for net investment hedges
$0
$0
$22.0M
—
Capitalized software costs
($52.0M)
($39.0M)
($40.0M)
—
Other
($13.0M)
($17.0M)
($21.0M)
($33.0M)
Net cash used in investing activities
($400.0M)
($430.0M)
($1.1B)
($276.0M)
Net change in bank credit lines
$108.0M
$387.0M
$153.0M
$48.0M
Proceeds from issuance of long-term debt
$489.0M
$120.0M
$1.4B
$270.0M
Principal payments for long-term debt
($44.0M)
($318.0M)
($468.0M)
($59.0M)
Debt issuance costs
($2.0M)
$0
($3.0M)
$0
Issuance of common stock
$250.0M
—
—
—
Proceeds from issuance of stock upon exercise of stock options
$2.0M
$6.0M
$1.0M
$2.0M
Payments for repurchases and retirement of common stock
($850.0M)
($385.0M)
($250.0M)
($485.0M)
Payments for taxes related to shares withheld for employee taxes
-15.0M
-9.0M
-34.0M
-32.0M
Distributions to noncontrolling shareholders
($30.0M)
($54.0M)
($47.0M)
($21.0M)
Payments for contingent consideration
($19.0M)
($2.0M)
—
—
Acquisitions of noncontrolling interests in subsidiaries
($77.0M)
($255.0M)
($19.0M)
($38.0M)
Net cash provided by (used in) financing activities
($188.0M)
($510.0M)
$701.0M
($315.0M)
Effect of exchange rate changes on cash and cash equivalents
($90.0M)
$43.0M
($12.0M)
—
Net change in cash and cash equivalents
$34.0M
($49.0M)
$54.0M
—
Cash and cash equivalents, beginning of period
$122.0M
$171.0M
$117.0M
$118.0M
Cash and cash equivalents, end of period
$156.0M
$122.0M
$171.0M
$117.0M
Henry Schein Inc. cash flow statement, quarters
Line item
Jun 27, 2026 · YTD
Mar 28, 2026 · Q1
Sep 27, 2025 · YTD
Jun 28, 2025 · YTD
Net income
$214.0M
$112.0M
$316.0M
$207.0M
Depreciation and amortization
$165.0M
$81.0M
$229.0M
$149.0M
Impairment of intangible assets
$0
$0
$1.0M
$1.0M
Non-cash restructuring and related charges
$4.0M
$2.0M
$7.0M
$3.0M
Stock-based compensation expense
$16.0M
$3.0M
$29.0M
$16.0M
Provision for losses on trade and other accounts receivable
$8.0M
$6.0M
$9.0M
$5.0M
Benefit from deferred income taxes
($8.0M)
$2.0M
$0
($7.0M)
Equity in (earnings) losses of affiliates
$1.0M
$0
($10.0M)
($7.0M)
Distributions from equity affiliates
$4.0M
$3.0M
$9.0M
$8.0M
Changes in unrecognized tax benefits
($4.0M)
($1.0M)
$6.0M
($1.0M)
Other
($21.0M)
($27.0M)
($44.0M)
($31.0M)
Accounts receivable
($116.0M)
($69.0M)
($198.0M)
($100.0M)
Inventories
($49.0M)
$8.0M
($25.0M)
($29.0M)
Other current assets
$10.0M
$6.0M
($3.0M)
$37.0M
Accounts payable and accrued expenses
($79.0M)
($223.0M)
$5.0M
($94.0M)
Net cash provided by operating activities
$145.0M
($97.0M)
$331.0M
$157.0M
Purchases of property and equipment
($55.0M)
($25.0M)
($96.0M)
($63.0M)
Payments related to equity investments and business acquisitions, net of cash acquired
($30.0M)
($24.0M)
($112.0M)
($101.0M)
Proceeds from loan to affiliate
$2.0M
$1.0M
$2.0M
$2.0M
Capitalized software costs
($30.0M)
($14.0M)
($38.0M)
($26.0M)
Other
($15.0M)
($1.0M)
($9.0M)
($9.0M)
Net cash used in investing activities
($128.0M)
($63.0M)
($253.0M)
($197.0M)
Net change in bank credit lines
$261.0M
$283.0M
$257.0M
$248.0M
Proceeds from issuance of long-term debt
$144.0M
$57.0M
$314.0M
$244.0M
Principal payments for long-term debt
($50.0M)
($39.0M)
($28.0M)
($21.0M)
Debt issuance costs
$0
—
($2.0M)
($2.0M)
Issuance of common stock
$0
—
$250.0M
$250.0M
Proceeds from issuance of stock upon exercise of stock options
$2.0M
$1.0M
$1.0M
$1.0M
Payments for repurchases and retirement of common stock
($325.0M)
($125.0M)
($650.0M)
($447.0M)
Payments for taxes related to shares withheld for employee taxes
-12.0M
-9.0M
-14.0M
-14.0M
Distributions to noncontrolling shareholders
($22.0M)
($16.0M)
($12.0M)
($18.0M)
Payments for contingent consideration
($4.0M)
$0
($19.0M)
($19.0M)
Acquisitions of noncontrolling interests in subsidiaries
($42.0M)
($32.0M)
($79.0M)
($77.0M)
Net cash provided by (used in) financing activities
($48.0M)
$120.0M
$18.0M
$145.0M
Effect of exchange rate changes on cash and cash equivalents