Henry Schein (HSIC)
NASDAQ:HSIC
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Earnings Data
Report Date
Aug 11, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.23Last Year’s EPS
1.1Same Quarter Last Year
Moderate Buy
Based on 16 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented multiple strong operational and financial positives — solid revenue growth (+6.3% total, 2.5% internal), non-GAAP margin expansion (+28 bps), adjusted EBITDA growth (+11.6%), cloud/customer momentum (+25% cloud subscribers), rapid e-commerce adoption (80%+ U.S. dental e-commerce), and an explicit multi-year value-creation plan with a $125 million 2026 run-rate target and a >$200 million longer-term target. Offsetting these were manageable but important risks: a Q1 GAAP margin dip and slight GAAP net income decline, negative Q1 operating cash flow (seasonal), softness in medical diagnostics due to a light flu season, digital equipment ASP pressure, restructuring costs ($12M in Q1), and exposure to rising oil/freight costs. Overall, the positives (growth, margin expansion on a non-GAAP basis, technology and e-commerce traction, and clear cost-transformation initiatives) materially outweigh the near-term headwinds and execution costs, supporting an optimistic outlook grounded with prudent caveats around macro and timing of savings.Company Guidance
Top-line Sales Growth
Global sales of $3.4 billion, up 6.3% year-over-year (2.5% internal/local currency, 3.1% favorable foreign exchange, 0.7% acquisitions).
Profitability Improvement on a Non-GAAP Basis
Non-GAAP operating margin expanded to 7.53%, up 28 basis points year-over-year; non-GAAP net income rose to $153 million ($1.32 diluted EPS) from $143 million ($1.15), reflecting margin and mix improvements.
Adjusted EBITDA Growth
Adjusted EBITDA of $289 million in Q1, up 11.6% versus $259 million in Q1 2025.
Strong Performance in High-Growth Businesses
U.S. Dental, Global Technology and value-added services showed robust growth (Global Tech sales +7.0%, Global value-added services +10.6% (7.8% LCI)). High-growth, high-margin businesses now approaching ~50% of operating income and on track to exceed 50% by 2027.
Cloud & Software Momentum
Cloud-based customers increased roughly 25% year-over-year to more than 13,000 Dentrix Ascend and Dentally subscribers; Dentrix Ascend and other software businesses reported strong revenue growth.
E-commerce Adoption
Major rollout progress for henryschein.com: over 80% of U.S. dental e-commerce sales now transacted on the platform; Canadian and U.S. lab rollouts completed; U.S. rollout expected to finish by end of August.
Capital Return and Balance Sheet Actions
Repurchased ~1.6 million shares in Q1 at an average price of $77.64 for $125 million; approximately $655 million remaining authorization for future buybacks.
Value Creation Targets and Early Execution
Company reaffirmed target of >$200 million annual operating income improvement over multi-year horizon with $125 million run rate by end of 2026; early cost and gross-profit initiatives underway (outsourced back-office, indirect procurement savings, value pricing, corporate brand growth).
HSIC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
HSIC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $72.02 | $74.37 | +3.26% |
Feb 24, 2026 | $80.57 | $83.35 | +3.45% |
Nov 04, 2025 | $64.64 | $71.61 | +10.78% |
May 05, 2025 | $65.30 | $66.58 | +1.96% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Henry Schein (HSIC) report earnings?
Henry Schein (HSIC) is schdueled to report earning on Aug 11, 2026, Before Open (Confirmed).
What is Henry Schein (HSIC) earnings time?
Henry Schein (HSIC) earnings time is at Aug 11, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HSIC EPS forecast?
HSIC EPS forecast for the fiscal quarter 2026 (Q2) is 1.23.