MCKMcKesson

Health care · Drug Wholesale · NYSE

Employees: 43,000
Headquarters: Irving, TX
CEO: Brian S. Tyler
Next results: around Feb 3, 2027

RevenueFY2017–26 $403.4B+12.4% Highest in 10 years 10-K FY2026 · XBRL Net incomeFY2017–26 $4.8B+44.5% FY2025: $3.3B 10-K FY2026 · XBRL Free cash flowFY2017–26 $5.7B+3.1% Highest in 10 years 10-K FY2026 · XBRL Operating marginFY2017–26 1.5%+0.3 pts 3.6% in FY2017 10-K FY2026 · XBRL

What changed

10-K filed May 8, 2026 against May 9, 2025

Area	What changed	Source
Risk factors	6 new paragraphs, nothing like them in the previous 10-K	10-K Item 1A
Accounting checks	11 other checks clear	10-K · XBRL
Insiders	No open-market buys in the last 90 days	Form 4
Filings	2 in the last 30 days	EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

What's new, in their words

10-K filed May 8, 2026

Paragraphs in Risk Factors that were not in the 10-K filed 2025-05-09. Quoted as filed.

Anti-bribery and anti-corruption laws increase our compliance burden and expose us to risks.
10-K, Item 1A

All 6 new paragraphs →

Accounting checks

latest 10-K

11 of 11 clear 0 worth a look. Checks, not verdicts.

✓
Receivables +9.1% vs revenue +12.4% (-3.2 pts)
✓
Cash from operations $6.2B vs net income $4.8B (FY ending 2026-03-31)
✓
Inventory +5.2% vs revenue +12.4% (-7.1 pts)
✓
Same auditor in both 10-Ks: Deloitte & Touche LLP
✓
No statement of substantial doubt about going concern
✓
No 8-K item 4.02 in the last 2 years
✓
No NT 10-K or NT 10-Q in the last 2 years
✓
The same matters as last year: Uncertain Tax Position, Opioid-Related Claims; Table of Contents Item 8 Index; McKESSON CORPORATION
✓
No sentence in the 10-K concludes that controls were not effective because of a material weakness
✓
No 8-K item 2.06 in the last 2 years
✓
No 8-K item 1.03 in the last 2 years

How each check works, with sources →

In the last 30 days

All filings →

Nov 4, 20268-K Quarterly results 8-K item 2.02
Nov 4, 202610-Q Quarterly report (10-Q) period ended Sep 30, 2026

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Work on MCK in a spreadsheet: Excel workbook (a sheet per section, ten years by column, charts, links to the filings) · CSV. For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/MCK/export.csv") into a cell.