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Income Statement

Revenue, expenses, and profitability analysis

Quarterly Income Statement (USD)

Quarterly ReportTTM
03/31/2026
12/31/2025
09/30/2025
06/30/2025
03/31/2025
12/31/2024
09/30/2024
06/30/2024
22.905B5.680B5.511B5.737B5.977B5.199B5.186B5.517B5.423B
Cost of Goods Sold
17.964B4.490B4.257B4.482B4.735B4.077B4.031B4.316B4.240B
4.941B1.190B1.254B1.256B1.241B1.122B1.155B1.201B1.183B
21.0%21.0%22.8%21.9%20.8%21.6%22.3%21.8%21.8%
Total Operating Expenses
3.271B814.000M823.700M812.200M821.000M760.900M746.700M719.100M750.000M
0.000.000.000.000.000.000.000.000.00
3.271B814.000M823.700M812.200M821.000M760.900M746.700M719.100M750.000M
1.671B377.000M430.700M443.300M420.200M361.400M408.600M481.600M433.100M
6.6%6.6%7.8%7.7%7.0%7.0%7.9%8.7%8.0%
1.442B319.000M369.100M389.400M364.900M304.000M351.500M427.600M379.700M
Interest Income
115.000M-55.300M58.500M55.000M56.800M57.100M56.500M54.400M52.300M
Other Income/Expense
-228.800M-58.000M-61.600M-53.900M-55.300M-57.400M-57.100M-54.000M-53.400M
1.077B235.400M279.500M291.000M271.200M224.900M264.200M316.400M281.100M
365.300M83.600M89.600M98.400M93.700M79.100M87.300M111.200M98.600M
4.1%4.1%5.1%5.1%4.5%4.3%5.1%5.7%5.2%
1.967B452.100M505.200M516.600M493.500M436.300M478.100M550.700M502.500M
8.0%8.0%9.2%9.0%8.3%8.4%9.2%10.0%9.3%
296.200M75.100M74.500M73.300M73.300M74.900M69.500M69.100M69.400M
8.251.822.152.222.061.701.982.372.10
8.221.822.142.212.051.691.972.352.07
129.000M129.000M130.000M131.000M131.600M132.500M133.100M133.500M134.100M
129.500M129.500M130.600M131.800M132.400M133.500M134.400M134.900M135.600M

Annual Income Statement (USD)

Annual Report
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
22.424B20.999B21.376B23.749B20.821B18.468B18.032B16.241B
Cost of Goods Sold
17.551B16.396B16.724B19.062B17.252B15.257B14.992B13.534B
4.873B4.602B4.652B4.687B3.568B3.210B3.040B2.707B
21.7%21.9%21.8%19.7%17.1%17.4%16.9%16.7%
Total Operating Expenses
3.218B2.951B2.971B2.951B2.150B2.031B1.906B1.720B
0.000.000.000.000.000.000.000.00
3.218B2.926B2.971B2.951B2.150B2.031B1.906B1.720B
1.656B1.651B1.681B1.735B1.419B1.179B1.134B987.300M
7.4%7.9%7.9%7.3%6.8%6.4%6.3%6.1%
1.427B1.435B1.450B1.488B1.298B1.002B949.700M840.500M
Interest Income
227.400M214.500M226.600M235.700M150.900M154.900M159.400M148.600M
Other Income/Expense
-228.200M-215.900M-230.700M-247.400M-121.200M-176.900M-183.900M-146.800M
1.067B1.078B1.104B1.115B988.600M788.500M736.800M643.000M
360.800M357.600M345.900M373.300M309.200M213.800M212.900M197.500M
4.8%5.1%5.2%4.7%4.7%4.3%4.1%4.0%
1.952B1.927B1.952B2.026B1.610B1.605B1.401B1.253B
8.7%9.2%9.1%8.5%7.7%8.7%7.8%7.7%
296.000M275.300M270.700M290.600M191.200M425.600M267.100M265.600M
8.138.068.208.247.145.535.084.26
8.087.978.108.147.045.454.994.19
131.300M133.800M134.600M135.200M138.500M142.600M145.100M150.900M
132.100M135.200M136.300M137.000M140.500M144.800M147.800M153.600M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About CDW Corporation

CDW Corporation specializes in delivering comprehensive information technology services and products across North America and the United Kingdom. It strategically targets three core client divisions: corporate enterprises, small to medium-sized businesses, and public sector organizations. Their portfolio encompasses both individual hardware and software offerings, alongside sophisticated integrated IT solution packages. These comprehensive solutions span on-premise, hybrid, and cloud environments, addressing critical areas such as data center infrastructure, network management, digital workspace enablement, and robust security. Key hardware categories include mobile computing devices (laptops, tablets), network infrastructure components, desktop workstations, display units, and enterprise data storage systems, while software offerings feature application suites, cybersecurity tools, virtualization platforms, operating systems, and network management utilities. Beyond products, CDW delivers a broad spectrum of services, including expert advisory and design, custom software development, system implementation, ongoing managed services, specialized professional support, configuration assistance, and telecommunications solutions, complemented by product warranties. They also focus on providing mission-critical software, system, and network solutions. Furthermore, installation, deployment, and repair services are facilitated for customers, often leveraging a network of third-party partners. Their diverse clientele includes governmental bodies, educational institutions, healthcare providers, and businesses of all scales – from small enterprises to major corporations. Established in 1984, the company maintains its primary corporate offices in Vernon Hills, Illinois.

Vernon Hills, IL
15,100 employees
Technology / Information Technology Services
Sector
Technology
Industry
Information Technology Services
CEO
Christine A. Leahy