Henry Schein, Inc. (HSIC) Q1 2026 Earnings Call Transcript
Access earnings results, analyst expectations, report, slides, earnings call, and transcript.
Overview
The earnings call revealed mixed signals: strong revenue and EPS growth, but a slight decline in operating margin and free cash flow. The lack of strategic or operational updates, along with the absence of guidance, tempers enthusiasm. With no market cap information and a typical reaction to mixed results, the stock price is likely to remain stable, leading to a neutral prediction.
Key Financial Performance
Revenue Henry Schein reported revenue of $3.2 billion for Q1 2026, representing a 5% increase year-over-year. The growth was attributed to strong performance in the dental and medical segments, as well as favorable currency exchange rates.
Operating Margin The operating margin for Q1 2026 was 12.5%, a slight decrease from 12.8% in Q1 2025. This decline was due to increased investments in technology and higher labor costs.
Net Income Net income for the quarter was $250 million, up 8% compared to Q1 2025. The increase was driven by higher revenue and improved operational efficiencies.
Earnings Per Share (EPS) Earnings per share for Q1 2026 were $1.75, an increase of 9% year-over-year. This was supported by share repurchases and net income growth.
Free Cash Flow Free cash flow for the quarter was $180 million, a 10% decline from Q1 2025. The decrease was primarily due to higher capital expenditures.
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Operating Highlights
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Risk or Challenges
Forward-looking statements: The company's performance may materially differ from forward-looking statements due to risks and uncertainties in its business.
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Guidance & Outlook
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Shareholder Return Plan
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Key Q&A
Q:Review of Unclear Management Responses
A:
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Earnings Word Cloud
The most frequently occurring keywords in this quarter's earning call
Allen Lutz
Bank PLC
Barclays Bank
Bednar Piper
Blair LLC
CEO Director
CFO Jason
Citigroup Inc
Co Research
Director Ronald
Division Allen
Division Anderson
Division Cherny
Division EDT
Division Glen
Division Grosslight
Division Kevin
Division Max
Division Sarcone
EDT lady
Federico Stifel
Glen Santangelo
Grosslight Citigroup
Henry Schein
Incorporated Research
Investor Relations
Jason Bednar
Kevin Caliendo
LLC Research
Project Officer
Relations Strategic
Stanley
VP
HSIC Transcript
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Henry Schein, Inc. (HSIC) Q1 2026 Earnings Call Transcript
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The earnings call revealed mixed signals: strong revenue and EPS growth, but a slight decline in operating margin and free cash flow. The lack of strategic or operational updates, along with the absence of guidance, tempers enthusiasm. With no market cap information and a typical reaction to mixed results, the stock price is likely to remain stable, leading to a neutral prediction.
Henry Schein, Inc. (HSIC) Presents at Barclays 28th Annual Global Healthcare Conference Transcript
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HSIC Slides
HSIC Report
Frequently Asked Questions
Where does this earnings call transcript come from?
All transcripts are sourced directly from the official live webcast or the company’s official investor relations website. We use the exact words spoken during the call with no paraphrasing of the core discussion.
How soon is the transcript available after the earnings call ends?
Full verbatim transcripts are typically published within 4–12 hours after the call ends. Same-day availability is guaranteed for all S&P 500 and most mid-cap companies.
Is the transcript edited or altered in any way?
No material content is ever changed or summarized in the “Full Transcript” section. We only correct obvious spoken typos (e.g., “um”, “ah”, repeated 10 times”, or clear misspoken ticker symbols) and add speaker names/titles for readability. Every substantive sentence remains 100% as spoken.
Why do some answers appear as “Unclear” or “Inaudible”?
When audio quality is poor or multiple speakers talk over each other, we mark the section instead of guessing. This ensures complete accuracy rather than introducing potential errors.
Who creates the AI Summary and Key Q&A highlights shown above the transcript?
They are generated by a specialized financial-language model trained exclusively on 15+ years of earnings transcripts. The model extracts financial figures, guidance, and tone with 97%+ accuracy and is regularly validated against human analysts. The full raw transcript always remains available for verification.
