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Saturday 17 October 2026 Export CDW’s income statement to Excel — free account

CDW Corporation

CDW Technology Information Technology Services

CDW Corporation’s revenue for fiscal 2025 (year ended December 2025) was $22.4 billion, up 6.79% from fiscal 2024. In the quarter to June 2026, revenue grew 9.97%, EPS grew 4.85%, free cash flow fell 161.9% and total debt rose 3.27%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years; insiders bought in the last twelve months.

150.48 3.85 −2.49%
Market cap
$19.3B
P/E
18.0×
Fwd P/E
14.9×
Dividend yield
1.67%
F-score
5/9
Altman Z
2.52
Beneish M
−2.35
Dividend safety
82/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

CDW Corporation (CDW) Gross margin

Alert me on Gross margin

CDW Corporation's gross margin over the twelve months to 30 June 2026 was 21.4%, down 0.4 percentage points from fiscal 2025 (21.7%). Over the past ten years it has ranged from 16.3% (fiscal 2015) to 21.9% (fiscal 2024); the current reading is higher than 82% of that period. That is below the Information Technology Services industry median of 30.0% and below the Technology sector median of 47.2%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 21.7% (0.19)
FY2024 21.9% 0.16
FY2023 21.8% 2.03
FY2022 19.7% 2.59
FY2021 17.1% (0.24)
FY2020 17.4% 0.52
FY2019 16.9% 0.19
FY2018 16.7% 0.15
FY2017 16.5% (0.51)
FY2016 17.0% 0.74

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 20.1% (0.87)
Mar 2026 21.0% (1.81)
Dec 2025 22.8% 0.88
Sep 2025 21.9% 1.11
42 more quarters

Against its own ten years

Low 16.3% High 21.9%
Ten-year median 17.1%
Current reading's percentile 74

Gross margin against peers

Company Gross margin
IT Gartner, Inc. compare 69.6%
FISV Fiserv, Inc. compare 55.4%
FIS Fidelity National Information Services, Inc. compare 36.0%
CTSH Cognizant Technology Solutions Corporation compare 33.4%
CACI CACI International, Inc. compare 33.2%
BR Broadridge Financial Solutions, Inc. compare 31.8%
WIT Wipro Limited compare 29.0%
CDW CDW Corporation 21.4%
LDOS Leidos Holdings, Inc. compare 17.8%
Information Technology Services industry median 30.0%
Technology sector median 47.2%
Market median 46.2%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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