PC Connection Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,873	2,802	2,851	3,125	2,893
Revenue Growth (YoY)	2.52%	-1.70%	-8.78%	8.03%	11.67%
Cost of Revenue	2,333	2,282	2,339	2,599	2,428
Gross Profit	539.33	519.79	511.74	526.18	464.58
Selling, General & Admin	434.04	409.32	393.2	393.63	355.9
Other Operating Expenses	-	-	0.27	-	-0.04
Operating Expenses	434.04	422.32	406.17	405.63	368.06
Operating Income	105.3	97.48	105.57	120.55	96.52
Interest Expense	-0.08	-0.11	-0.02	-	-
Interest & Investment Income	14.45	18.84	9.98	1.08	-
Other Non Operating Income (Expenses)	0.08	-	-	-	0.01
EBT Excluding Unusual Items	119.74	116.2	115.53	121.64	96.52
Merger & Restructuring Charges	-6.01	-0.42	-2.42	-	-
Legal Settlements	-	1.7	-	-	-
Pretax Income	113.73	117.49	113.11	121.64	96.52
Income Tax Expense	30.01	30.39	29.84	32.42	26.62
Net Income	83.72	87.1	83.27	89.22	69.91
Net Income to Common	83.72	87.1	83.27	89.22	69.91
Net Income Growth	-3.87%	4.59%	-6.67%	27.63%	25.36%
Shares Outstanding (Basic)	26	26	26	26	26
Shares Outstanding (Diluted)	26	27	26	26	26
Shares Change (YoY)	-3.30%	0.30%	-0.05%	0.30%	0.11%
EPS (Basic)	3.28	3.31	3.17	3.40	2.67
EPS (Diluted)	3.27	3.29	3.15	3.37	2.65
EPS Growth	-0.61%	4.44%	-6.53%	27.17%	25.00%
Free Cash Flow	58.05	166.29	188.36	25.81	47.45
Free Cash Flow Per Share	2.27	6.27	7.13	0.98	1.80
Dividend Per Share	0.600	0.400	0.320	-	-
Dividend Growth	50.00%	25.00%	-	-	-
Gross Margin	18.77%	18.55%	17.95%	16.84%	16.06%
Operating Margin	3.67%	3.48%	3.70%	3.86%	3.34%
Profit Margin	2.91%	3.11%	2.92%	2.85%	2.42%
Free Cash Flow Margin	2.02%	5.93%	6.61%	0.83%	1.64%
EBITDA	117	110.46	118.22	132.53	108.72
EBITDA Margin	4.07%	3.94%	4.15%	4.24%	3.76%
D&A For EBITDA	11.7	12.98	12.65	11.98	12.2
EBIT	105.3	97.48	105.57	120.55	96.52
EBIT Margin	3.67%	3.48%	3.70%	3.86%	3.34%
Effective Tax Rate	26.38%	25.87%	26.38%	26.65%	27.57%
Advertising Expenses	-	-	-	-	15.8

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q