Henry Schein’s (NASDAQ:HSIC) Q3 2026 earnings results: revenue in line with expectations
Henry Schein reported Q3 2026 revenue of $3.47B, matching estimates, and adjusted EPS of $1.56, beating estimates by 14.9%. Adjusted EBITDA was $321M, also a beat. Management raised full-year adjusted EPS guidance to $5.53. Organic revenue grew 3.1% year-on-year, missing expectations.
How this was made

The 30-second read
Why it matters
Raised full-year adjusted EPS guidance is the key incremental catalyst, while the organic revenue miss and flat free cash flow margin act as constraints on the bull case.
Market read
Traders can reassess valuation and positioning based on the guidance midpoint increase and the mix of beats versus the organic revenue miss.
What to watch
Free cash flow margin is described as flat versus last year, so investors may scrutinize whether earnings strength is translating into cash generation.
Background
The piece summarizes Henry Schein’s Q3 2026 results versus S&P analysts’ consensus and notes a full-year guidance increase.
Ticker impact
Henry Schein reported Q3 revenue of $3.47B in line, but adjusted EPS and EBITDA beat consensus, and raised full-year adjusted EPS guidance to $5.53.
Likely upward bias as the market prices in higher full-year adjusted EPS, tempered by the organic revenue miss.
The article contains multiple company-specific earnings datapoints plus a guidance raise, which are direct drivers of near-term repricing; the organic revenue miss is the main offset.
Market effects
Signals resilience in healthcare distribution/solutions demand, with margin support strong enough to offset slower organic revenue growth.
Primarily US-listed large-cap earnings read-through for healthcare services and distribution peers.
Limited direct global spillover beyond investor sentiment toward US healthcare distributors.
Counterpoint
The guidance raise may not fully compensate for the organic revenue miss, suggesting the quality of growth is weaker than headline revenue implies.
Key entities
- companyHenry Schein
Reported Q3 2026 revenue, adjusted EPS/EBITDA, and raised full-year adjusted EPS guidance.



