Skip to content
Screener

CDW CDW Q1 2026 earnings

Reported May 6, 2026 · Before market open

Revenue$5.7BBeat by $199.7M
EPS$2.28In line
Revenue estimate$5.5B
EPS estimate$2.28

Next report

Nov 3, 2026 (in 2 months)
Revenue estimate$6.2B
EPS estimate$2.92

Financials

Q1 2026

Income statement

See full
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

See full
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

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

Valuation & ratios

Valuation

as of 03/31/26
See full
Market cap$15.61B-26.5%
Enterprise value$20.82B-22.2%
P/E14.5×-5.0×
P/S0.7×-0.3×

Profitability

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

Returns & leverage

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

Segments

By product

See full
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—

FAQ

When did CDW report Q1 2026 earnings?
CDW (CDW) reported Q1 2026 earnings on May 6, 2026 before market open.
What were CDW's Q1 2026 revenue and EPS?
CDW reported revenue of $5.7B and eps of $2.28 for Q1 2026.
Did CDW beat estimates in Q1 2026?
Revenue beat the consensus estimate of $5.5B by $199.7M. EPS beat the consensus estimate of $2.28 by $0.00.
How did CDW's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 9.2% from $5.2B a year earlier and eps grew 6.0% from $2.15.
Where can I find CDW's Q1 2026 SEC filings?
You can read the 8-K earnings release (0001402057-26-000023) and the 10-Q periodic report (0001402057-26-000025) directly on SEC EDGAR. The filing index links above go to sec.gov.