PC Connection, Inc.

CNXN Technology Electronics & Computer Distribution

PC Connection, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.9 billion, up 2.52% from fiscal 2024.

Revenue
+23.3%
EPS
+27.2%
Free cash flow
−87.7%

Quarter to September 2026, against a year earlier

79.15 0.52 −0.65%
Market cap
$2.0B
P/E
19.5×
Fwd P/E
18.1×
Dividend yield
0.95%
F-score
5/9
Altman Z
6.02
Beneish M
−2.43
Dividend safety
85/100

PC Connection, Inc. (CNXN) Gross margin

Alert me on Gross margin

PC Connection, Inc.'s gross margin over the twelve months to 30 September 2026 was 18.6%, down 0.1 percentage points from fiscal 2025 (18.8%). Over the past ten years it has ranged from 13.1% (fiscal 2017) to 18.8% (fiscal 2025) — the current reading is the highest in ten years. That is above the Electronics & Computer Distribution industry median of 14.2% and below the Technology sector median of 47.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 18.8% 0.22
FY2024 18.6% 0.60
FY2023 18.0% 1.11
FY2022 16.8% 0.78
FY2021 16.1% (0.11)
FY2020 16.2% 0.17
FY2019 16.0% 0.77
FY2018 15.2% 2.11
FY2017 13.1% (0.66)
FY2016 13.8% 0.53

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 18.5% 0.07
Jun 2026 18.4% 0.05
Mar 2026 18.4% (0.90)
Dec 2025 19.3% (0.26)
43 more quarters

Against its own ten years

Low 13.1% High 18.8%
Ten-year median 16.1%
Current reading's percentile 91

Gross margin against peers

Company Gross margin
TAIT Taitron Components Incorporated compare 47.5%
NSIT Insight Enterprises, Inc. compare 22.0%
CNXN PC Connection, Inc. 18.6%
CLMB Climb Global Solutions, Inc. compare 15.5%
SCSC ScanSource, Inc. compare 13.0%
ARW Arrow Electronics, Inc. compare 11.3%
AVT Avnet, Inc. compare 10.3%
SNX TD SYNNEX Corporation compare 6.89%
IZM ICZOOM Group Inc. compare 2.56%
Electronics & Computer Distribution industry median 14.2%
Technology sector median 47.1%
Market median 46.0%

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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