CDW Corp.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $22.42B | $21.00B | $21.38B | $23.75B | $20.82B | $18.47B | $18.00B |
| Corporate | — | — | — | $9.02B | $10.61B | $9.07B | $7.30B | $7.87B |
| Small Business | — | — | — | $1.62B | $1.93B | $1.76B | $1.45B | $1.51B |
| Government | — | — | — | $2.23B | $2.33B | $2.28B | $2.30B | $2.14B |
| Education | — | — | — | $4.58B | $4.57B | $4.12B | $3.92B | $3.09B |
| Healthcare | — | — | — | $2.21B | $2.33B | $2.13B | $2.05B | $1.94B |
| Other | — | — | — | $1.72B | $1.98B | $1.47B | $1.45B | $1.45B |
| Cost of Revenue | — | $17.55B | $16.40B | $16.72B | $19.06B | $17.25B | $15.26B | $14.99B |
| Gross Profit | — | $4.87B | $4.60B | $4.65B | $4.69B | $3.57B | $3.21B | $3.04B |
| Gross Margin | — | 21.7% | 21.9% | 21.8% | 19.7% | 17.1% | 17.4% | 16.9% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | $3.22B | $2.95B | $2.97B | $2.95B | $2.15B | $2.03B | $1.91B |
| Operating Income | — | $1.66B | $1.65B | $1.68B | $1.74B | $1.42B | $1.18B | $1.13B |
| Operating Margin | — | 7.4% | 7.9% | 7.9% | 7.3% | 6.8% | 6.4% | 6.3% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | — | $1.43B | $1.44B | $1.45B | $1.49B | $1.30B | $1.00B | $949.7M |
| Income Tax Expense | — | $360.8M | $357.6M | $345.9M | $373.3M | $309.2M | $213.8M | $212.9M |
| Net Income | — | $1.07B | $1.08B | $1.10B | $1.11B | $988.6M | $788.5M | $736.8M |
| Net Margin | — | 4.8% | 5.1% | 5.2% | 4.7% | 4.7% | 4.3% | 4.1% |
| EPS (Basic) | — | $8.13 | $8.06 | $8.20 | $8.24 | $7.14 | $5.53 | $5.08 |
| EPS (Diluted) | — | $8.08 | $7.97 | $8.10 | $8.13 | $7.04 | $5.45 | $4.99 |
| Shares Outstanding (Basic) | 129.0M | 131.3M | 133.8M | 134.6M | 135.2M | 138.5M | 142.6M | 145.1M |
| Shares Outstanding (Diluted) | 129.0M | 132.1M | 135.2M | 136.3M | 137.0M | 140.5M | 144.8M | 147.8M |
| Dividends Per Share | — | $2.51 | $2.49 | $2.39 | $2.09 | $1.70 | $1.54 | $1.27 |