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) Operating margin

Alert me on Operating margin

PC Connection, Inc.'s operating margin over the twelve months to 30 September 2026 was 4.05%, up 0.6 percentage points from fiscal 2025 (3.46%). Over the past ten years it has ranged from 2.66% (fiscal 2017) to 3.97% (fiscal 2019); the current reading is higher than 73% of that period. That is above the Electronics & Computer Distribution industry median of 2.99% and above the Technology sector median of 0.36%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 3.46% 0.00
FY2024 3.46% (0.16)
FY2023 3.62% (0.24)
FY2022 3.86% 0.52
FY2021 3.34% 0.56
FY2020 2.78% (1.19)
FY2019 3.97% 0.80
FY2018 3.17% 0.51
FY2017 2.66% (0.33)
FY2016 2.99% (0.06)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 4.69% (0.35)
Jun 2026 5.04% 2.24
Mar 2026 2.80% (0.56)
Dec 2025 3.36% (0.91)
43 more quarters

Against its own ten years

Low 2.66% High 3.97%
Ten-year median 3.34%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
NSIT Insight Enterprises, Inc. compare 4.07%
CNXN PC Connection, Inc. 4.05%
CLMB Climb Global Solutions, Inc. compare 3.99%
ARW Arrow Electronics, Inc. compare 3.76%
AVT Avnet, Inc. compare 3.26%
SNX TD SYNNEX Corporation compare 2.71%
SCSC ScanSource, Inc. compare 2.47%
IZM ICZOOM Group Inc. compare 0.00%
TAIT Taitron Components Incorporated compare −7.88%
Electronics & Computer Distribution industry median 2.99%
Technology sector median 0.36%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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