CDWNasdaqRetail-Catalog & Mail-Order HousesFiscal year ends December 31
CDW Corp
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$152.65+2.17 (+1.44%)
Close on Oct 19, 2026
- Market cap
- $19.45B
- P/E (TTM)
- 18.3
- Dividend yield
- 1.64%
CDW Corp revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Corporate | $9.44B | $8.84B | $8.96B | $10.35B | $8.18B | $6.85B | $7.50B | $6.84B | $6.17B | $5.73B | 42.1% | +6.8% |
| Public | $8.54B | $8.16B | $8.31B | $8.55B | $8.18B | $8.14B | $6.86B | $6.15B | $5.91B | $5.48B | 38.1% | +4.6% |
| Other | $2.72B | $2.48B | $2.55B | $2.91B | $2.59B | $2.09B | $2.16B | $1.88B | $1.53B | $1.34B | 12.1% | +9.7% |
| Small Business | $1.73B | $1.52B | $1.56B | $1.94B | $1.87B | $1.40B | $1.51B | $1.36B | $1.22B | $1.12B | 7.7% | +13.3% |
| Corporate | – | – | – | – | – | – | – | – | $6.35B | $5.89B | – | – |
| Operating income | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Corporate | $889.30M | $879.50M | $846.80M | $931.70M | $697.30M | $489.50M | $585.10M | $530.40M | $480.90M | $453.50M | +1.1% |
| Public | $750.30M | $745.90M | $735.00M | $681.70M | $606.70M | $678.20M | $475.00M | $405.00M | $367.70M | $367.70M | +0.6% |
| Small Business | $203.20M | $181.00M | $177.30M | $186.80M | $167.70M | $99.00M | $107.50M | $94.40M | $73.00M | $69.10M | +12.3% |
| Other | $154.20M | $112.10M | $142.10M | $130.70M | $115.80M | $65.90M | $101.60M | $82.20M | $57.10M | $44.60M | +37.6% |
| Corporate | – | – | – | – | – | – | – | – | $487.00M | $453.60M | – |
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Hardware | $16.07B | $15.22B | $15.70B | $18.09B | $16.77B | $14.83B | $14.48B | $13.13B | $11.97B | $10.92B | 71.7% | +5.6% |
| Notebooks/Mobile Devices | $5.64B | $5.09B | $4.69B | $6.18B | $6.66B | $5.49B | $4.34B | $3.84B | $3.49B | $2.94B | 25.1% | +10.8% |
| Software | $4.20B | $3.80B | $3.80B | $3.68B | $2.80B | $2.58B | $2.59B | $2.30B | $2.15B | $2.07B | 18.7% | +10.5% |
| Netcomm Products | $2.69B | $2.54B | $3.19B | $2.73B | $1.95B | $1.96B | $2.19B | $2.12B | $2.02B | $1.96B | 12.0% | +5.9% |
| Other Hardware | $2.50B | $2.58B | $2.61B | $3.02B | $2.69B | $4.12B | $3.98B | $3.63B | $3.12B | $2.89B | 11.2% | -2.8% |
| Data Storage and Servers | $2.15B | $2.13B | $2.24B | $2.48B | $2.04B | – | – | – | – | – | 9.6% | +0.8% |
| Services | $2.04B | $1.87B | $1.76B | $1.84B | $1.13B | $913.90M | $840.90M | $695.90M | $602.80M | $564.20M | 9.1% | +9.0% |
| Collaboration | $1.76B | $1.77B | $1.91B | $2.39B | $2.22B | – | – | – | – | – | 7.8% | -0.7% |
| Desktops | $1.33B | $1.11B | $1.07B | $1.28B | $1.20B | $1.13B | $1.55B | $1.25B | $1.20B | $1.09B | 5.9% | +19.9% |
| Other | $114.80M | $107.90M | $112.80M | $130.80M | $122.70M | $139.20M | $124.30M | $113.80M | $112.90M | $120.20M | 0.5% | +6.4% |
| Enterprise and Data Storage (Including Drives) | – | – | – | $1.38B | $992.10M | $947.40M | $1.15B | $1.10B | $1.07B | $1.07B | – | – |
| Video | – | – | – | $1.79B | $1.61B | $1.19B | $1.27B | $1.18B | $1.07B | $963.00M | – | – |
By region
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $19.62B | $18.46B | $18.75B | $20.83B | $18.24B | $16.38B | $15.89B | $14.38B | $13.32B | $12.22B | 87.5% | +6.3% |
| Rest of World | $2.80B | $2.54B | $2.62B | $2.92B | $2.58B | $2.09B | $2.14B | $1.86B | $1.51B | $1.45B | 12.5% | +10.3% |
From the segment and revenue-disaggregation notes of CDW's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.