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PC Connection CNXN Public Sector — Operating Income

Other segment segments

Small And Medium Sized Businesses
$31.73M+24.1%
Large Account
$15.07M+45.6%

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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:OperatingIncomeLoss.

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
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
Unallocated Headquarters/Other expenses(3,700)
Interest income, net2,525
Income before taxes$45,537

Item 1. Unaudited Condensed Consolidated Financial Statements:

FAQ

What is PC Connection's public sector — operating income?
PC Connection (CNXN) reported public sector — operating income of -$84K in Q2 2026.
How has PC Connection's public sector — operating income changed year-over-year?
PC Connection's public sector — operating income increased by 96.1% year-over-year, from -$2.13M to -$84K.
What is the long-term trend for PC Connection's public sector — operating income?
Over 2 years (2021 to 2025), PC Connection's public sector — operating income has grown at a 42.6% compound annual growth rate (CAGR), from -$4.93M to -$10.02M.
What does public sector — operating income mean?
This is the primary measure of the public sector segment's profitability, calculated by subtracting all direct and allocated operating expenses from the segment's revenue. It indicates the operational health and financial viability of the segment's business model.

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