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PC Connection CNXN Large Account — Labor And Related Expense

Other segment segments

Small And Medium Sized Businesses
$17.9M+1.3%
Public Sector
$9.21M-0.7%

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Other financials

Income statement

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Revenue$854.0M+12.4%
Gross profit$157.5M+14.3%
Operating income$43.0M+39.2%
Net income$33.2M+33.8%
EPS (diluted)$1.31+35.1%

Balance sheet

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Cash & equivalents$123.7M-33.8%
Total debt$7.5M+196%
Total equity$952.7M+7.7%
Total assets$1.4B+12.5%

Cash flow

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Operating cash flow-$63.8M-343%
CapEx$1.9M+19.2%
Free cash flow-$65.7M-367%

Valuation

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Market cap$2.19B+42.4%
Enterprise value$2.07B+53.3%
P/E22.8×+5.0×
P/S0.7×+0.2×

Profitability

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Gross margin18.9%+0.6pp
Operating margin3.9%+0.5pp
Net margin3.2%+0.2pp
FCF margin1.1%-0.7pp

Returns & leverage

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Return on equity10.4%+0.7pp
Debt / equity0.0×
Current ratio2.9×-0.2×

Where this comes from

Reported directly by PC Connection in its filing.

Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.

The source filing: PC Connection’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:08 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-088136
Line itemEnterprise SolutionsBusiness SolutionsPublic Sector SolutionsTotal
Net sales$369,620$343,870$140,506$853,996
Cost of sales314,475264,789117,260
Personnel costs18,02617,9009,209
Marketing1,5914,5401,246
Allocated corporate overhead18,95522,79611,398
Depreciation and amortization1491049
Other segment expenses11,3592,0101,468
Operating income (loss)$15,065$31,731$(84)$46,712

Item 1. Unaudited Condensed Consolidated Financial Statements:

FAQ

What is PC Connection's large account — labor and related expense?
PC Connection (CNXN) reported large account — labor and related expense of $18.03M in Q2 2026.
How has PC Connection's large account — labor and related expense changed year-over-year?
PC Connection's large account — labor and related expense increased by 6.1% year-over-year, from $17M to $18.03M.
What is the long-term trend for PC Connection's large account — labor and related expense?
Over 3 years (2022 to 2025), PC Connection's large account — labor and related expense has grown at a -1.7% compound annual growth rate (CAGR), from $69.88M to $66.43M.
What does large account — labor and related expense mean?
Includes all compensation, benefits, and payroll-related costs for personnel directly supporting the Large Account segment operations. This metric provides insight into the human capital investment required to maintain service levels and drive sales within the enterprise client segment.

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