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CDW Corporation (CDW)
NASDAQ: CDW · Real-Time Price · USD
117.59
+0.15 (0.13%)
Mar 18, 2026, 4:00 PM EDT - Market closed

CDW Corporation Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
22,42420,99921,37623,74920,821
Revenue Growth (YoY)
6.79%-1.76%-9.99%14.06%12.74%
Cost of Revenue
17,55116,39616,72419,06217,252
Gross Profit
4,8734,6024,6524,6873,569
Selling, General & Admin
3,2182,9512,9722,9512,150
Total Operating Expenses
3,2182,9512,9722,9512,150
Operating Income
1,6561,6511,6811,7351,419
Interest Expense
-227.4-214.5-226.6-235.7-150.9
Other Non-Operating Income (Expense)
-0.8-1.4-4.1-11.729.7
Total Non-Operating Income (Expense)
-228.2-215.9-230.7-247.4-121.2
Pretax Income
1,4271,4351,4501,4881,298
Provision for Income Taxes
360.8357.6345.9373.3309.2
Net Income
1,0671,0781,1041,115988.6
Net Income to Common
1,0671,0781,1041,115988.6
Net Income Growth
-1.04%-2.40%-0.92%12.73%25.38%
Shares Outstanding (Basic)
131134135135139
Shares Outstanding (Diluted)
132135136137141
Shares Change (YoY)
-2.29%-0.81%-0.51%-2.49%-2.97%
EPS (Basic)
8.138.068.208.247.14
EPS (Diluted)
8.087.978.108.137.04
EPS Growth
1.38%-1.60%-0.37%15.48%29.17%
Free Cash Flow
1,0881,1551,4511,208684.6
Free Cash Flow Growth
-5.77%-20.39%20.06%76.47%-40.79%
Free Cash Flow Per Share
8.248.5410.648.824.87
Dividends Per Share
2.5052.4852.3902.0901.700
Dividend Growth
0.80%3.98%14.35%22.94%10.39%
Gross Margin
21.73%21.92%21.76%19.73%17.14%
Operating Margin
7.38%7.86%7.86%7.31%6.82%
Profit Margin
4.76%5.13%5.17%4.69%4.75%
FCF Margin
4.85%5.50%6.79%5.09%3.29%
EBITDA
1,9511,9271,9522,0261,610
EBITDA Margin
8.70%9.17%9.13%8.53%7.73%
EBIT
1,6561,6511,6811,7351,419
EBIT Margin
7.38%7.86%7.86%7.31%6.82%
Effective Tax Rate
25.28%24.91%23.85%25.09%23.82%
Updated Feb 4, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q