PC Connection Balance Sheet

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
Cash & Equivalents	193.22	178.32	144.95	122.93	108.31
Short-Term Investments	213.46	264.3	152.23	-	-
Cash & Short-Term Investments	406.68	442.61	297.19	122.93	108.31
Cash Growth	-8.12%	48.94%	141.75%	13.50%	13.23%
Accounts Receivable	583.71	550.74	549.63	552.78	559.92
Other Receivables	64.32	60.69	61.55	57.5	47.61
Receivables	648.02	611.43	611.18	610.28	607.53
Inventory	143.57	95.05	124.18	208.68	206.56
Prepaid Expenses	20.85	17.75	16.09	11.9	10.02
Other Current Assets	1.76	-	-	-	-
Total Current Assets	1,221	1,167	1,049	953.79	932.41
Property, Plant & Equipment	48.48	55.6	61	66.73	70.59
Goodwill	73.6	73.6	73.6	73.6	73.6
Other Intangible Assets	0.99	2.21	3.43	4.65	5.87
Long-Term Deferred Charges	5.39	-	-	-	-
Other Long-Term Assets	1.59	1.1	1.71	1.06	0.91
Total Assets	1,351	1,299	1,188	1,100	1,083
Accounts Payable	338.2	300.24	263.68	232.64	281.84
Accrued Expenses	43.91	32.38	33.93	37.85	47.32
Current Portion of Leases	1.29	1.81	1.73	3.17	3.42
Current Unearned Revenue	8.8	10.29	4.21	4.27	8.63
Other Current Liabilities	28.19	26.49	24.41	32.59	33.43
Total Current Liabilities	420.39	371.21	327.97	310.52	374.63
Long-Term Leases	0.5	1.55	3.18	4.99	6.79
Long-Term Deferred Tax Liabilities	19.91	15.09	15.84	17.97	19.28
Other Long-Term Liabilities	-	0.52	0.62	0.17	0.21
Total Liabilities	440.8	388.36	347.61	333.65	400.91
Common Stock	0.3	0.29	0.29	0.29	0.29
Additional Paid-In Capital	144.61	137.04	130.88	125.78	122.35
Retained Earnings	905.89	837.47	760.9	686.04	605.77
Treasury Stock	-140.74	-63.98	-51.38	-45.94	-45.94
Comprehensive Income & Other	0.08	0.17	0.08	-	-
Shareholders' Equity	910.13	910.99	840.77	766.18	682.47
Total Liabilities & Equity	1,351	1,299	1,188	1,100	1,083
Total Debt	1.79	3.36	4.91	8.16	10.21
Net Cash (Debt)	404.89	439.26	292.27	114.77	98.1
Net Cash Growth	-7.82%	50.29%	154.67%	16.99%	19.49%
Net Cash Per Share	15.80	16.57	11.06	4.34	3.72
Filing Date Shares Outstanding	25.2	26.16	26.36	26.31	26.26
Total Common Shares Outstanding	25.22	26.3	26.36	26.35	26.25
Working Capital	800.48	795.65	720.67	643.28	557.78
Book Value Per Share	36.09	34.64	31.90	29.08	26.00
Tangible Book Value	835.54	835.18	763.74	687.93	603
Tangible Book Value Per Share	33.13	31.76	28.97	26.11	22.97
Machinery	30.35	32.4	36.92	39.32	37.04
Leasehold Improvements	8.43	8.43	8.46	8.96	8.67

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

SEC Filings: 10-K · 10-Q