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CDW CDW Government — Other segment expense items

Other segment segments

Commercial
$443.4M
Other
$108.2M+16.2%
Education
$73.1M

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BWXTGovernment Operations — Costs and Expenses, Adjusted
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$47M-25.4%
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$586M+0.2%
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$146M+3,550%

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:SegmentReportingOtherItemAmount.

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 — other segment expense items?
CDW (CDW) reported government — other segment expense items of $99.5M in Q1 2026.
What does government — other segment expense items mean?
Operating expenses unique to the government segment excluding direct product costs and depreciation.
How do you interpret government — other segment expense items?
An increase may reflect higher investment in sales force expansion or administrative overhead, while a decrease suggests cost-cutting measures or improved operational efficiency.
How does government — other segment expense items compare across companies?
Comparable to segment-specific SG&A or operating overhead in similar business-to-government (B2G) organizations.