Every 10-Q that CDW Corporation (CDW) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CDW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CDW filings page.
CDW Corporation reported second-quarter net sales of $6,572.2 million, up 10.0% from $5,976.6 million a year earlier, with customer demand cited in data storage and servers, notebooks/mobile devices, software, and netcomm products. Net income was $274.4 million, compared with $271.2 million, and diluted EPS was $2.15, compared with $2.05.
Profit growth trailed sales growth as gross profit margin decreased to 20.1% from 20.8%, primarily from mix into and lower margin in certain hardware categories. Operating income was $428.6 million, up 2.0%, while operating income margin decreased to 6.5% from 7.0%. For the six months ended June 30, 2026, net sales were $12,252.0 million, up 9.6%, and net income was $509.8 million, up 2.8%.
Operating cash flow for the first half was $219.7 million, down from $443.1 million, mainly due to accounts receivable and merchandise inventory, partly offset by accounts payable-trade. CDW repurchased 4.5 million shares for $544.7 million and reported a Board-authorized $1 billion increase to the share repurchase program.
CDW Corporation delivered higher first-quarter 2026 sales and earnings, though margins tightened. Net sales rose to $5,679.8 million from $5,199.1 million, driven by strength in data storage and servers, netcomm products, software, and notebooks/mobile devices across all segments.
Net income increased to $235.4 million from $224.9 million, with diluted EPS up to $1.82 from $1.69. Gross margin slipped to 21.0% from 21.6% and operating margin to 6.6% from 7.0%, reflecting a lower mix of netted-down revenue and higher compensation and AI-related investments. Commercial sales grew 9.6%, Government 4.6%, Education 2.5%, and UK/Canada "Other" 17.9%. Operating cash flow was $274.8 million, adjusted free cash flow $251.4 million, and net debt $5,062.4 million. CDW repurchased 1.6 million shares for $201.0 million and paid a quarterly dividend of $0.630 per share.
CDW Corporation reported third‑quarter 2025 results. Net sales were $5,737.4 million, up from $5,516.6 million a year ago, while operating income was $443.3 million versus $481.6 million. Net income was $291.0 million and diluted EPS was $2.21 compared with $2.34 last year.
For the first nine months, net sales reached $16,913.1 million versus $15,812.7 million in 2024, with net income of $787.1 million. Operating cash flow was $771.4 million. The company repurchased $500.0 million of common stock and paid $246.9 million in dividends.
CDW ended the quarter with cash and equivalents of $452.9 million and long‑term debt of $5,619.7 million. It repaid the remaining $211 million of its 2025 notes at maturity and had capacity to borrow up to an additional $1.3 billion on its revolving facility. In Q3, segment net sales were $2,349.8 million in Public, $2,255.4 million in Corporate, and $433.8 million in Small Business. Shares outstanding were 130,193,660 as of October 30, 2025.