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CDW CDW Government — Net Sales

Other segment segments

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$3.57B
Other
$802.5M+17.9%
Education
$675M

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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 government — net sales?
CDW (CDW) reported government — net sales of $632.9M in Q1 2026.
What does government — net sales mean?
Total revenue earned from providing technology products and services to government clients.
How do you interpret government — net sales?
An increase indicates successful contract acquisition and higher demand for public sector IT spending, while a decrease suggests budget constraints or loss of competitive positioning.
How does government — net sales compare across companies?
Comparable to public sector revenue segments reported by other IT value-added resellers and systems integrators.