CDW Corporation (CDW) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
CDW Corp is a multi-brand provider of information technology (IT) solutions to businesses, government, education, and healthcare customers in the United States, the United Kingdom, and Canada. The...
CDW Corporation's revenue increased 6.8% year over year, from $21.00B to $22.42B.
Net income decreased 1.0% over the same period, from $1.08B to $1.07B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 60% in total.
Total debt decreased by 17.6% to $4.62B.
The debt-to-equity ratio stands at 1.77, indicating a elevated leverage profile.
Operating cash flow declined 5.6% to $1.21B.
CDW Corporation maintains a moderate net profit margin of 4.8%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $5.52B+1.7% | $316.4M | $1.20B | $481.6M | $342.1M | $14.38B | $5.61B | $2.35B |
| Q4 FY2024 | $5.19B-6.0% | $264.2M | $1.16B | $408.6M | $345.3M | $14.68B | $5.61B | $2.35B |
| Q1 FY2025 | $5.20B+0.3% | $224.9M | $1.12B | $361.4M | $287.2M | $15.02B | $5.62B | $2.32B |
| Q2 FY2025 | $5.98B+15.0% | $271.2M | $1.24B | $420.2M | $155.9M | $15.27B | $5.62B | $2.47B |
| Q3 FY2025 | $5.74B-4.0% | $291.0M | $1.26B | $443.3M | $328.3M | $15.20B | $5.62B | $2.54B |
| Q4 FY2025 | $5.51B-3.9% | $279.5M | $1.25B | $430.7M | $433.8M | $16.03B | $4.62B | $2.61B |
| Q1 FY2026 | $5.68B+3.1% | $235.4M | $1.19B | $376.0M | $274.8M | $16.45B | $6.15B | $2.56B |
| Q2 FY2026 | $6.57B+15.7% | $274.4M | $1.32B | $428.6M | $-55.1M | $17.25B | $6.43B | $2.44B |
Balance Sheet Summary (Q2 FY2026)
CDW Corporation (CDW) Financial Statements & Revenue History
CDW Corporation (CDW) is a US-listed stock operating in the Consumer Cyclical sector, specifically the Retail-Catalog & Mail-Order Houses industry trading at $150.48 with a market capitalization of $19. This page provides 42 historical financial statements for CDW Corporation, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, CDW Corporation reported revenue of $22.4 billion, representing 6.8% year-over-year growth. The net profit margin of 4.8% suggests thin margins. The debt-to-equity ratio of 1.77 indicates elevated leverage.
CDW Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows CDW Corporation's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether CDW is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track CDW's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently CDW Corporation converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of CDW's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use CDW Financial Data
Investors use CDW Corporation's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare CDW's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how CDW's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View CDW's financial health score, earnings, and pre-market pricing.
Financial data is sourced from CDW Corporation's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.CDW trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.