CDW revenue and financials
$133.92Change from previous close: +0.47%Absolute change: +$0.63
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 |
|---|---|---|---|---|---|
| Total revenue | 6,572 | 5,680 | 5,511 | 5,737 | 5,977 |
| Cost of revenue | 5,252 | 4,490 | 4,257 | 4,482 | 4,735 |
| Gross profit | 1,320 | 1,190 | 1,254 | 1,256 | 1,241 |
| Selling, general and administrative | 891 | 814 | 824 | 812 | 821 |
| Operating income | 429 | 376 | 431 | 443 | 420 |
| EBIT | 433 | 374 | 428 | 444 | 422 |
| EBITDA | 508 | 449 | 502 | 518 | 495 |
| Interest expense | 60.2 | 55.3 | 58.5 | 55.0 | 56.8 |
| Pre-tax income | 373 | 319 | 369 | 389 | 365 |
| Income tax | 98.5 | 83.6 | 89.6 | 98.4 | 93.7 |
| Net income | 274 | 235 | 280 | 291 | 271 |
| Net income to common shareholders | 274 | 235 | 280 | 291 | 271 |
| Basic EPS | 2.16 | 1.82 | 2.15 | 2.22 | 2.06 |
| Diluted EPS | 2.15 | 1.82 | 2.14 | 2.21 | 2.05 |
| Average shares (basic) | 127 | 129 | 130 | 131 | 132 |
| Average shares (diluted) | 127 | 130 | 131 | 132 | 132 |