CDW Corporation (CDW) Quarterly Income Statement

120+ quarters historyFree accessUpdated daily

CDW Corporation (CDW) quarterly income statement — complete revenue, gross profit & net income history

Quarterly statement

CDW Income Statement

CDW Corporation (CDW) annual income statement — 30-year revenue, gross profit & net income history

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21	Q3'21

Sales/Revenue	6.57B	5.68B	5.51B	5.74B	5.98B	5.2B	5.19B	5.52B	5.42B	4.87B	5.02B	5.63B	5.63B	5.1B	5.44B	6.22B	6.15B	5.95B	5.54B	5.3B
Revenue Growth %	9.97%	9.25%	6.27%	4%	10.2%	6.7%	3.34%	-1.98%	-3.6%	-4.51%	-7.72%	-9.45%	-8.46%	-14.22%	-1.78%	17.27%	19.42%	22.98%	11.72%	11.43%
Cost of Goods Sold	5.25B	4.49B	4.26B	4.48B	4.74B	4.08B	4.03B	4.32B	4.24B	3.81B	3.86B	4.4B	4.44B	4.01B	4.26B	4.98B	4.98B	4.84B	4.56B	4.39B
COGS % of Revenue	79.92%	79.05%	77.24%	78.12%	79.23%	78.41%	77.72%	78.23%	78.19%	78.18%	77.01%	78.19%	79%	78.65%	78.28%	80.16%	80.99%	81.44%	82.38%	82.74%
Gross Profit	1.32B	1.19B	1.25B	1.26B	1.24B	1.12B	1.16B	1.2B	1.18B	1.06B	1.15B	1.23B	1.18B	1.09B	1.18B	1.23B	1.17B	1.1B	975.6M	914.9M
Gross Margin %	20.08%	20.95%	22.76%	21.88%	20.77%	21.59%	22.28%	21.77%	21.81%	21.82%	22.99%	21.81%	21%	21.35%	21.72%	19.84%	19.01%	18.56%	17.62%	17.26%
Gross Profit Growth %	6.33%	6.03%	8.58%	4.56%	4.91%	5.55%	0.13%	-2.2%	0.14%	-2.4%	-2.31%	-0.45%	1.14%	-1.33%	21.06%	34.79%	32.33%	38.85%	10.75%	10.83%
Operating Expenses	891.2M	814M	823.7M	812.2M	821M	760.9M	746.7M	719.1M	750M	735.3M	718.8M	749.3M	769.3M	734.1M	734.5M	766.8M	732.9M	717.2M	636.3M	528.5M
OpEx % of Revenue	13.56%	14.33%	14.95%	14.16%	13.74%	14.64%	14.4%	13.04%	13.83%	15.09%	14.32%	13.31%	13.67%	14.39%	13.51%	12.34%	11.93%	12.06%	11.49%	9.97%
Selling, General & Admin	0	814M	823.7M	812.2M	821M	760.9M	746.7M	719.1M	750M	735.3M	718.8M	749.3M	769.3M	734.1M	734.5M	766.8M	732.9M	717.2M	636.3M	528.5M
SG&A % of Revenue	-	14.33%	14.95%	14.16%	13.74%	14.64%	14.4%	13.04%	13.83%	15.09%	14.32%	13.31%	13.67%	14.39%	13.51%	12.34%	11.93%	12.06%	11.49%	9.97%
Research & Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	1000K	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Income	428.6M	377M	430.7M	443.3M	420.2M	361.4M	408.6M	481.6M	433.1M	328M	435M	478.4M	412.2M	355.3M	446.6M	466.4M	435.3M	386.9M	339.3M	386.4M
Operating Margin %	6.52%	6.64%	7.82%	7.73%	7.03%	6.95%	7.88%	8.73%	7.99%	6.73%	8.67%	8.5%	7.33%	6.96%	8.21%	7.5%	7.08%	6.5%	6.13%	7.29%
Operating Income Growth %	2%	4.32%	5.41%	-7.95%	-2.98%	10.18%	-6.07%	0.67%	5.07%	-7.68%	-2.6%	2.57%	-5.31%	-8.17%	31.62%	20.7%	17.68%	19.64%	2.14%	21.59%
EBITDA	471M	452.1M	505.2M	516.6M	493.5M	436.3M	478.1M	550.7M	502.5M	395.3M	503.1M	544.4M	478.1M	426M	519.1M	542M	506.4M	458.3M	390.5M	434.6M
EBITDA Margin %	7.17%	7.96%	9.17%	9%	8.26%	8.39%	9.22%	9.98%	9.27%	8.11%	10.02%	9.67%	8.5%	8.35%	9.55%	8.72%	8.24%	7.7%	7.05%	8.2%
EBITDA Growth %	-4.56%	3.62%	5.67%	-6.19%	-1.79%	10.37%	-4.97%	1.16%	5.1%	-7.21%	-3.08%	0.44%	-5.59%	-7.05%	32.93%	24.71%	21.58%	24.34%	-4.48%	-3.47%
D&A (Non-Cash Add-back)	42.4M	75.1M	74.5M	73.3M	73.3M	74.9M	69.5M	69.1M	69.4M	67.3M	68.1M	66M	65.9M	70.7M	72.5M	75.6M	71.1M	71.4M	51.2M	48.2M
EBIT	424.1M	263.7M	427.6M	444.4M	421.7M	361.1M	408M	482M	432M	327.9M	434M	477.2M	411.6M	354M	440.6M	461.6M	434.9M	386.4M	330.7M	386.8M
Net Interest Income	-60.2M	55.3M	-58.5M	-55M	-56.8M	-57.1M	-56.5M	-54.4M	-52.3M	-51.3M	-53.3M	-57.4M	-58.2M	-57.7M	-59.4M	-62.6M	-57.7M	-56M	-43.4M	-36.4M
Interest Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Expense	60.2M	-55.3M	58.5M	55M	56.8M	57.1M	56.5M	54.4M	52.3M	51.3M	53.3M	57.4M	58.2M	57.7M	59.4M	62.6M	57.7M	56M	43.4M	36.4M
Other Income/Expense	-55.7M	-58M	-61.6M	-53.9M	-55.3M	-57.4M	-57.1M	-54M	-53.4M	-51.4M	-54.3M	-58.6M	-58.8M	-59M	-65.4M	-67.4M	-58.1M	-56.5M	-52M	-36M
Pretax Income	372.9M	319M	369.1M	389.4M	364.9M	304M	351.5M	427.6M	379.7M	276.6M	380.7M	419.8M	353.4M	296.3M	381.2M	399M	377.2M	330.4M	287.3M	350.4M
Pretax Margin %	5.67%	5.62%	6.7%	6.79%	6.11%	5.85%	6.78%	7.75%	7%	5.68%	7.59%	7.46%	6.28%	5.81%	7.01%	6.42%	6.14%	5.55%	5.19%	6.61%
Income Tax	98.5M	83.6M	89.6M	98.4M	93.7M	79.1M	87.3M	111.2M	98.6M	60.5M	84.6M	104.3M	90.8M	66.2M	94M	101.2M	97.9M	80.2M	72M	83.8M
Effective Tax Rate %	26.41%	26.21%	24.28%	25.27%	25.68%	26.02%	24.84%	26.01%	25.97%	21.87%	22.22%	24.85%	25.69%	22.34%	24.66%	25.36%	25.95%	24.27%	25.06%	23.92%
Net Income	274.4M	235.4M	279.5M	291M	271.2M	224.9M	264.2M	316.4M	281.1M	216.1M	296.1M	315.5M	262.6M	230.1M	287.2M	297.8M	279.3M	250.2M	215.3M	266.6M
Net Margin %	4.18%	4.14%	5.07%	5.07%	4.54%	4.33%	5.09%	5.74%	5.18%	4.43%	5.9%	5.61%	4.67%	4.51%	5.28%	4.79%	4.54%	4.21%	3.89%	5.03%
Net Income Growth %	1.18%	4.67%	5.79%	-8.03%	-3.52%	4.07%	-10.77%	0.29%	7.04%	-6.08%	3.1%	5.94%	-5.98%	-8.03%	33.4%	11.7%	1.9%	7.57%	-9.65%	37.99%
Net Income (Continuing)	274.4M	235.4M	279.5M	291M	271.2M	224.9M	264.2M	316.4M	281.1M	216.1M	296.1M	315.5M	262.6M	230.1M	287.2M	297.8M	279.3M	250.2M	215.3M	266.6M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)	2.15	1.82	2.14	2.21	2.05	1.69	1.97	2.35	2.07	1.59	2.18	2.32	1.93	1.68	2.09	2.17	2.04	1.83	1.57	1.91
EPS Growth %	4.88%	7.69%	8.63%	-5.96%	-0.97%	6.29%	-9.63%	1.29%	7.25%	-5.36%	4.31%	6.91%	-5.39%	-8.2%	33.12%	13.61%	5.7%	12.27%	-4.85%	43.61%
EPS (Basic)	2.16	1.82	2.15	2.22	2.06	1.70	1.98	2.37	2.10	1.61	2.21	2.35	1.95	1.70	2.12	2.20	2.07	1.85	1.60	1.94
Diluted Shares Outstanding	127.4M	129.5M	130.6M	131.8M	132.4M	133.5M	134.4M	134.9M	135.6M	136M	135.9M	135.9M	136.1M	137.3M	137.4M	137.1M	136.8M	136.7M	137.7M	139.4M
Basic Shares Outstanding	127M	129M	130M	131M	131.6M	132.5M	133.1M	133.5M	134.1M	134.4M	134.1M	134.1M	134.6M	135.6M	135.5M	135.3M	135.2M	134.9M	135.5M	137.3M
Dividend Payout Ratio	58.64%	34.45%	29.23%	28.11%	30.35%	36.82%	31.45%	26.14%	29.53%	38.55%	28.06%	25.07%	30.24%	34.72%	27.82%	22.73%	24.17%	26.98%	31.44%	20.56%