Skip to content
Screener

CDW CDW Commercial — Operating income (loss)

Other segment segments

Education
$65.1M
Government
$59.9M
Other
$52M+22.1%

Similar metrics at other companies

IES
IESCCommercial and Industrial — Operating income (loss)
$21.43M+35.2%
Constellation Brands logo
STZCorporate Operations and Other — Operating income (loss)
-$56.1M+2.4%
Marriott International logo
MAREMEA — Operating income (loss)
$1.06B+12.2%
Coty logo
COTYCorporate — Operating income (loss)
-$7.1M+95.8%
Coty logo
COTYPrestige — Operating income (loss)
$58.4M-25.8%
GameStop logo
GMEAustralia — Operating income (loss)
$0+100%

Other financials

Income statement

See full
Revenue$6.6B+10.0%
Gross profit$1.3B+6.3%
Operating income$428.6M+2.0%
Net income$274.4M+1.2%
EPS (diluted)$2.15+4.9%

Balance sheet

See full
Cash & equivalents$361.8M-24.8%
Total debt$6.0B+3.4%
Total equity$2.4B-1.0%
Total assets$17.3B+13.0%

Cash flow

See full
Operating cash flow$274.8M-4.3%
CapEx$27.5M+22.2%
Free cash flow$248.4M-4.6%

Valuation

See full
Market cap$17.9B-17.9%
Enterprise value$23.5B-13.2%
P/E16.6×-3.7×
P/S0.8×-0.2×

Profitability

See full
Gross margin21.4%-0.2pp
Operating margin7.1%-0.5pp
Net margin4.6%-0.3pp
FCF margin4.7%0.0pp

Returns & leverage

See full
Return on equity44%-2.4pp
Debt / equity2.4×+0.1×
Current ratio1.2×-0.2×

Where this comes from

Reported directly by CDW in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: CDW’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:04 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001402057-26-000065
Three Months Ended June 30, 2026CommercialGovernmentEducationOtherHeadquartersTotal
Cost of sales3,120.1684.3780.1667.95,252.4
Gross profit845.3163.7153.0157.81,319.8
Other segment expense items(1)462.7103.887.9105.8131.0891.2
Operating income (loss)$382.6$59.9$65.1$52.0$(131.0)$428.6
Other Segment Information(2)
Depreciation and amortization expense$27.0$10.4$3.3$8.0$26.6$75.3
Three Months Ended June 30, 2025
Net sales$3,631.3$746.6$926.6$672.1$5,976.6

Item 1. Financial Statements

FAQ

What is CDW's commercial — operating income (loss)?
CDW (CDW) reported commercial — operating income (loss) of $382.6M in Q2 2026.
What does commercial — operating income (loss) mean?
Represents the profit or loss generated by the commercial segment after deducting all operating expenses, including cost of sales and allocated overheads. This is the primary measure of the commercial segment's operational profitability and contribution to the company's overall bottom line. It excludes interest, taxes, and corporate-level allocations.

Ask your AI about CDW's commercial — operating income (loss).

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude