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CDW CDW Education — Net Sales

Other segment segments

Commercial
$3.57B
Other
$802.5M+17.9%
Government
$632.9M

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Other financials

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

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Market cap$16.4B-26.5%
Enterprise value$21.61B-22.2%
P/E15.2×-5.3×
P/S0.7×-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×

Where this comes from

Reported directly by CDW in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: CDW’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CDW's education — net sales?
CDW (CDW) reported education — net sales of $675M in Q1 2026.
What does education — net sales mean?
This metric represents the total revenue generated from the sale of IT solutions, hardware, software, and services specifically to educational institutions. It reflects the company's market penetration and demand within the K-12 and higher education sectors. Tracking this helps assess the scale of the business unit's commercial activity.