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CDW CDW United States — Net Sales

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Other financials

Income statement

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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

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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

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

Valuation

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

Profitability

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

Returns & leverage

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Line itemCommercialGovernmentEducationOtherTotal
Geography(1)
United States$3,942.6$848.0$933.1$9.1$5,732.8
Rest of World22.8816.6839.4
Total Net sales$3,965.4$848.0$933.1$825.7$6,572.2
Major Product and Services
Hardware$2,903.7$579.4$794.9$627.0$4,905.0
Software719.1187.490.9116.91,114.3
Services316.279.946.777.9520.7

Item 1. Financial Statements

FAQ

What is CDW's united states — net sales?
CDW (CDW) reported united states — net sales of $5.73B in Q2 2026.
How has CDW's united states — net sales changed year-over-year?
CDW's united states — net sales increased by 8.6% year-over-year, from $5.28B to $5.73B.
What is the long-term trend for CDW's united states — net sales?
Over 4 years (2021 to 2025), CDW's united states — net sales has grown at a 1.8% compound annual growth rate (CAGR), from $18.24B to $19.62B.
What does united states — net sales mean?
This metric represents the total revenue generated from the sale of information technology solutions, hardware, software, and services within the United States geographic segment. It reflects the company's primary market performance and demand for its integrated technology offerings in its largest operating region. This figure is a key indicator of the company's ability to capture market share and sustain growth within the domestic IT infrastructure and services landscape.

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