Operating Expenses

SG&A

McKesson SG&A decreased by 11.5% to $1.80B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 9.1%, from $1.98B to $1.80B. Over 4 years (FY 2022 to FY 2026), SG&A shows a downward trend with a -6.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Increases may indicate aggressive marketing or expansion, while decreases often reflect cost-cutting measures or improved corporate efficiency.

Detailed definition

The sum of all direct and indirect selling expenses and all general and administrative expenses of a company. This inclu...

Peer comparison

Used to assess the 'leaness' of a company's corporate structure relative to its peers.

Metric ID: selling_general_and_administrative

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$2.23B$2.67B$3.11B$2.53B$1.96B$1.95B$1.90B$1.96B$1.87B$2.09B$2.51B$2.19B$2.00B$2.50B$2.03B$1.98B$2.20B$2.07B$2.03B$1.80B
QoQ Change+19.6%+16.3%-18.5%-22.6%-0.5%-2.4%+3.2%-4.8%+11.9%+19.8%-12.6%-8.6%+25.1%-19.0%-2.6%+11.2%-5.6%-2.1%-11.5%
YoY Change-12.2%-26.9%-38.7%-22.4%-4.5%+7.3%+31.7%+11.5%+7.0%+19.6%-19.1%-9.8%+9.7%-17.1%+0.1%-9.1%
Range$1.80B$3.11B
CAGR-4.5%
Avg YoY Growth-4.6%
Median YoY Growth-6.8%
Current Streak3 quarters decline

Product Breakdown

View all
SegmentFY'22FY'23FY'24FY'25FY'26
Shipping and Handling$1.10B$1.20B$1.10B$1.10B$1.20B
Total$10.54B$7.78B$8.66B$8.51B$8.10B

All segment values are derived from annual filings.

Frequently Asked Questions

What is McKesson's sg&a?
McKesson (MCK) reported sg&a of $1.80B in Q1 2026.
How has McKesson's sg&a changed year-over-year?
McKesson's sg&a decreased by 9.1% year-over-year, from $1.98B to $1.80B.
What is the long-term trend for McKesson's sg&a?
Over 4 years (2022 to 2026), McKesson's sg&a has grown at a -6.4% compound annual growth rate (CAGR), from $10.54B to $8.10B.
What does sg&a mean?
The day-to-day costs of running the business and marketing its products.