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CDW

CDW

CDW is a leading multi-brand provider of information technology solutions and services across the United States, United Kingdom, and Canada.

Market cap
$17.64B-25.6%
Revenue$22.9B+7.4%
Net income$1.1B-0.9%
Free cash flow$1.1B+7.1%
EPS (diluted)$8.22+1.9%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 5, 2026 (In 1 week)
Revenue estimate$6.2B
EPS estimate$2.80

Financials

Q1 2026

Income statement

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Revenue$5.7B+9.2%
Gross profit$1.2B+6.0%
Operating income$376.0M+4.0%
Net income$235.4M+4.7%
EPS (diluted)$1.82+7.7%

Balance sheet

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Cash & equivalents$578.6M+22.7%
Total debt$5.8B-3.4%
Total equity$2.6B+10.0%
Total assets$16.5B+9.6%

Cash flow

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Operating cash flow$274.8M-4.3%
CapEx$26.4M-1.9%
Free cash flow$248.4M-4.6%

Valuation & ratios

Valuation

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Market cap$17.64B-25.6%
Enterprise value$22.85B-21.8%
P/E16.4×-5.9×
P/S0.8×-0.3×

Profitability

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Gross margin21.6%-0.3pp
Operating margin7.3%-0.6pp
Net margin4.7%-0.4pp
FCF margin4.7%0.0pp

Returns & leverage

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Return on equity44.2%-4.5pp
Debt / equity2.3×-0.3×
Current ratio1.2×-0.2×

Segments

By product

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Hardware$4.1B+9.9%
Notebooks/Mobile Devices$1.4B+4.6%
Software$1.1B+11.2%
Data Storage and Servers$687.2M+32.0%
Netcomm Products$675.3M+23.3%

By segment

See full
Commercial$3.6B
Other$802.5M+17.9%
Education$675.0M
Government$632.9M

Competitors

Profile

CDW is a leading multi-brand provider of information technology solutions and services across the United States, United Kingdom, and Canada. The company acts as a value-added intermediary in the IT ecosystem, simplifying complex technology procurement and integration for business, government, education, and healthcare customers. Its core value proposition lies in its vendor-neutral approach, offering a broad portfolio of hardware, software, and integrated cloud, security, and hybrid infrastructure solutions.

Competitive position

CDW is a dominant scale player in a highly fragmented market, leveraging deep technical expertise and extensive vendor relationships to act as a trusted advisor.

GeographiesUnited States, United Kingdom, Canada
Customer segmentsEnterprise, Small and Medium Business, Government, Education, Healthcare
Business modelValue-added reseller (VAR), Managed Services Provider (MSP), Professional Services, B2B E-commerce
SuppliersOriginal Equipment Manufacturers (OEMs), Software Publishers, Cloud Providers, Wholesale Distributors
CustomersFortune 500 Companies, Public School Districts, Federal Government Agencies, Hospitals and Health Systems, Small Business Owners
Listed2013
Employees15.1K
CEOChristine A. Leahy
Websitecdw.com
FilingsSEC EDGAR

Questions, answered.

What is CDW's market cap?
CDW (CDW) has a market capitalization of $17.6B and trades on NASDAQ.
What is CDW's revenue and profitability?
CDW generated $22.9B in trailing twelve-month revenue with net income of $1.1B, representing a net margin of 4.7%. Gross margin stands at 21.6%, with free cash flow of $1.1B. These figures are based on the Q1 2026 filing.
Who are CDW's competitors?
CDW's key competitors include Insight Enterprises, ePlus, Amazon, and others. These companies compete in similar markets and product categories.
Who does CDW partner with?
CDW's notable partners include Adobe, Amazon Web Services, Apple, and others.
What subsidiaries does CDW have?
CDW's subsidiaries include CDW UK, CDW Canada.
Where is CDW headquartered?
CDW is headquartered in United States of America and employs approximately 15,100 people. It has been publicly traded since 2013.