CDW Corporation (CDW) Financials
Key financial figures for CDW Corporation (Q2 2026).
CDW Q2 2026: Net Sales Up 10% to $6.57B on Infrastructure and AI-Driven Demand, GAAP EPS $2.15. Net sales rose 10.0% year-over-year to $6,572.2 million ($6,572.2M vs $5,976.6M in Q2 2025), driven by continued customer investment in infrastructure modernization, cloud, and AI-enabled technologies. Gross profit grew 6.3% to $1,319.8 million, though gross margin contracted to 20.1% from 20.8% a year earlier as the sales mix skewed toward lower-margin hardware. GAAP operating income rose 2.0% to $428.6 million; GAAP net income per diluted share was $2.15, up from prior-year levels, while Non-GAAP net income per diluted share was $2.91. Figures are for Q2 2026, as CDW Corporation reported them.
- Revenue
- $6.6B
- Net Income
- $274M
- EPS
- $2.16
- Total Assets
- $17.3B
- Operating Cash Flow
- -$55M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2026 | $6.6B | $274M | $2.15 | 6.52% | $166M |
| Q1 FY2026 | $5.7B | $235M | $1.82 | 6.64% | $248M |
| Q4 FY2025 | $5.5B | $280M | $2.14 | 7.82% | $396M |
| Q3 FY2025 | $5.7B | $291M | $2.21 | 7.73% | $299M |
| Q2 FY2025 | $6.0B | $271M | $2.05 | 7.03% | $133M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $22.4B | $1.1B | $8.08 | 7.38% | $1.1B |
| FY2024 | $21.0B | $1.1B | $7.97 | 7.86% | $1.2B |
| FY2023 | $21.4B | $1.1B | $8.10 | 7.86% | $1.5B |
Frequently asked questions
What was CDW Corporation's revenue last quarter?
CDW Corporation reported revenue of $6.57 billion for Q2 FY2026, up 10.0% from the same period a year earlier.
Is CDW Corporation profitable?
Yes. CDW Corporation reported net income of $274.4 million for Q2 FY2026, a net margin of 4.18% on revenue.
How has CDW Corporation's margin trended?
Operating margin was 6.52% in Q2 FY2026, compared with 7.03% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did CDW Corporation generate?
CDW Corporation generated free cash flow of $165.8 million in Q2 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for CDW Corporation on SentiSense, with up to forty quarters and twenty fiscal years of history.