CDW revenue and financials
$134.76Change from previous close: +0.63%Absolute change: +$0.84
In the fiscal year ended December 2025, CDW reported revenue of $22.42B (+6.79% year over year). Net income was $1.07B, a net margin of 4.8%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +6.79%
- 2025 vs 2024
- Net income growth
- −1.04%
- 2025 vs 2024
- Net margin
- 4.8%
- 2024: 5.1%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 17,255 | 16,453 | 16,028 | 15,198 | 15,266 | 15,019 | 14,678 | 14,377 | 13,639 | 13,193 | 13,285 | 12,875 |
| Current assets | 9,681 | 8,965 | 8,501 | 7,777 | 7,837 | 7,652 | 7,373 | 7,662 | 7,044 | 6,634 | 6,705 | 6,458 |
| Cash and equivalents | 362 | 579 | 619 | 453 | 481 | 471 | 504 | 947 | 665 | 804 | 589 | 441 |
| Short-term investments | — | — | 0.0 | 0.0 | 0.0 | 217 | 214 | 212 | — | — | — | — |
| Receivables | 8,029 | 7,235 | 7,025 | 6,507 | 6,295 | 5,972 | 5,743 | 5,505 | 5,359 | 4,888 | 5,150 | 5,042 |
| Inventory | 982 | 821 | 563 | 505 | 762 | 720 | 605 | 683 | 725 | 671 | 668 | 706 |
| Net property, plant and equipment | 294 | 303 | 308 | 280 | 292 | 301 | 312 | 322 | 318 | 325 | 324 | 328 |
| Goodwill | 4,652 | 4,651 | 4,662 | 4,642 | 4,653 | 4,636 | 4,620 | 4,425 | 4,409 | 4,410 | 4,413 | 4,417 |
| Other intangible assets | 1,096 | 1,137 | 1,186 | 1,226 | 1,271 | 1,314 | 1,357 | 1,260 | 1,295 | 1,331 | 1,370 | 1,385 |
| Current liabilities | 8,296 | 7,699 | 7,226 | 5,594 | 5,806 | 5,782 | 5,474 | 5,459 | 6,208 | 5,261 | 5,442 | 4,782 |
| Accounts payable | 5,117 | 4,562 | 4,220 | 3,679 | 3,800 | 3,628 | 3,381 | 3,180 | 3,119 | 2,741 | 2,881 | 2,617 |
| Long-term debt | 4,808 | 4,635 | 4,622 | 5,620 | 5,623 | 5,622 | 5,607 | 5,608 | 4,425 | 5,028 | 5,032 | 5,662 |
| Total debt | 5,964 | 5,791 | 5,788 | 5,758 | 5,769 | — | — | — | — | — | — | — |
| Total liabilities | 14,813 | 13,898 | 13,422 | 12,658 | 12,799 | 12,695 | 12,326 | 12,027 | 11,464 | 11,054 | 11,242 | 11,065 |
| Total equity (incl. minority) | 2,442 | 2,555 | 2,606 | 2,540 | 2,467 | 2,323 | 2,353 | 2,349 | 2,175 | 2,139 | 2,043 | 1,810 |
| Retained earnings | -1,489 | -1,335 | -1,274 | -1,311 | -1,367 | -1,402 | -1,323 | -1,351 | -1,481 | -1,474 | -1,526 | -1,687 |