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CDW CDW Net Income

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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%
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:NetIncomeLoss.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Other income (expense), net4.51.52.81.2
Income before income taxes372.9364.9691.9668.9
Income tax expense(98.5)(93.7)(182.1)(172.8)
Net income$274.4$271.2$509.8$496.1
Net income per common share:
Basic$2.16$2.06$3.98$3.76
Diluted$2.15$2.05$3.97$3.73
Weighted-average common shares outstanding:

Item 1. Financial Statements

FAQ

What is CDW's net income?
CDW (CDW) reported net income of $274.4M in Q2 2026.
How has CDW's net income changed year-over-year?
CDW's net income increased by 1.2% year-over-year, from $271.2M to $274.4M.
What is the long-term trend for CDW's net income?
Over 4 years (2021 to 2025), CDW's net income has grown at a 1.9% compound annual growth rate (CAGR), from $988.6M to $1.07B.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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