CDW
CDW Corporation
Stock
$133.29−2.54 (−1.87%)Close Oct 2, 2026
Income statement
| Line | Last 12 months | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $23.5B | $22.4B | $21.0B | $21.4B | $23.7B | $20.8B | $18.5B | $18.0B | $16.2B | $14.8B | $13.7B | $13.0B | $12.1B | $10.8B | $10.1B | $9.6B | $8.8B | $7.2B |
| Cost of revenue | $18.5B | $17.6B | $16.4B | $16.7B | $19.1B | $17.3B | $15.3B | $15.0B | $13.5B | $12.4B | $11.3B | $10.9B | $10.2B | $9.0B | $8.5B | $8.0B | $7.4B | $6.0B |
| Gross profit | $5.0B | $4.9B | $4.6B | $4.7B | $4.7B | $3.6B | $3.2B | $3.0B | $2.7B | $2.5B | $2.3B | $2.1B | $1.9B | $1.8B | $1.7B | $1.6B | $1.4B | $1.1B |
| SG&A | $3.3B | $3.2B | $3.0B | $3.0B | $3.0B | $2.1B | $2.0B | $1.9B | $1.7B | $1.4B | $1.3B | $1.2B | $1.1B | $1.1B | $1.0B | $990M | $932M | $821M |
| Other operating expenses | — | — | — | — | — | — | — | — | — | $174M | $163M | $148M | $138M | $131M | $130M | $123M | $106M | $344M |
| Operating income | $1.7B | $1.7B | $1.7B | $1.7B | $1.7B | $1.4B | $1.2B | $1.1B | $987M | $867M | $820M | $742M | $673M | $509M | $511M | $471M | $353M | −$32M |
| Non-operating income | −$228M | −$228M | −$216M | −$231M | −$247M | −$121M | −$177M | −$184M | −$147M | −$206M | −$147M | −$95M | −$285M | −$313M | −$325M | −$442M | −$390M | −$429M |
| Pretax income | $1.5B | $1.4B | $1.4B | $1.5B | $1.5B | $1.3B | $1.0B | $950M | $841M | $661M | $673M | $647M | $388M | $196M | $186M | $28M | −$37M | −$461M |
| Taxes | $370M | $361M | $358M | $346M | $373M | $309M | $214M | $213M | $198M | $138M | $248M | $244M | $143M | $63M | $67M | $11M | −$7.8M | −$88M |
| Net income | $1.1B | $1.1B | $1.1B | $1.1B | $1.1B | $989M | $789M | $737M | $643M | $523M | $425M | $403M | $245M | $133M | $119M | $17M | −$29M | −$373M |
| Diluted EPS | $8.32 | $8.08 | $7.97 | $8.10 | $8.13 | $7.04 | $5.45 | $4.99 | $4.19 | $3.31 | $2.56 | $2.35 | $1.42 | $0.84 | $0.82 | $0.12 | −$0.20 | — |
| Diluted shares | — | 132.1M | 135.2M | 136.3M | 137.0M | 140.5M | 144.8M | 147.8M | 153.6M | 158.2M | 166.0M | 171.8M | 172.8M | 158.7M | 145.8M | 144.9M | 144.4M | — |
| Revenue growth | — | +6.8% | −1.8% | −10.0% | +14.1% | +12.7% | +2.4% | +11.0% | +9.5% | +8.5% | +5.3% | +7.6% | +12.1% | +6.3% | +5.5% | +9.1% | +22.9% | — |
| Gross margin | 21.4% | 21.7% | 21.9% | 21.8% | 19.7% | 17.1% | 17.4% | 16.9% | 16.7% | 16.5% | 17.0% | 16.3% | 15.9% | 16.3% | 16.5% | 16.5% | 15.8% | 15.8% |
| Operating margin | 7.1% | 7.4% | 7.9% | 7.9% | 7.3% | 6.8% | 6.4% | 6.3% | 6.1% | 5.8% | 6.0% | 5.7% | 5.6% | 4.7% | 5.0% | 4.9% | 4.0% | −0.4% |
| Net margin | 4.6% | 4.8% | 5.1% | 5.2% | 4.7% | 4.7% | 4.3% | 4.1% | 4.0% | 3.5% | 3.1% | 3.1% | 2.0% | 1.2% | 1.2% | 0.2% | −0.3% | −5.2% |