v3.26.1
Restructuring and Other Expenses, Net
9 Months Ended
Jun. 30, 2026
Restructuring and Related Activities [Abstract]  
Restructuring and Other Expenses, Net Restructuring and Other Expenses, Net
    The following illustrates expenses incurred by the Company relating to Restructuring and Other Expenses, Net for the periods indicated:
Three months ended
June 30,
Nine months ended
June 30,
(in thousands)2026202520262025
Restructuring and employee severance costs, net$38,864 $10,408 $70,370 $55,066 
Business transformation efforts20,883 30,205 43,459 81,325 
Other, net881 1,160 1,838 3,999 
    Total restructuring and other expenses, net$60,628 $41,773 $115,667 $140,390 
Restructuring and employee severance costs, net in the three and nine months ended June 30, 2026 primarily included costs associated with workforce reductions. Restructuring and employee severance costs, net in the nine months ended June 30, 2026 also included a gain on the sale of a facility. Restructuring and employee severance costs, net in the three and nine months ended June 30, 2025 primarily included costs associated with workforce reductions.
Business transformation efforts in the three and nine months ended June 30, 2026 included non-recurring expenses related to significant strategic initiatives to improve operational efficiency, including certain technology initiatives. Business transformation efforts in the three and nine months ended June 30, 2025 included rebranding costs associated with the Company’s name change to Cencora and non-recurring expenses related to significant strategic initiatives to improve operational efficiency, including certain technology initiatives. The majority of these costs are related to services provided by third-party consultants.