Stock research

CDW Corporation (CDW) Stock Research

CDW resells and integrates technology hardware, software, and services for businesses, governments, and schools.

For the fiscal year ended December 31, 2025, CDW Corporation reported revenue of $22.4B and net income of $1.1B, with operating cash flow of $1.2B. Source: Form 10-K filed February 20, 2026

SEC data as of

Revenue
$22.4B
FY ending 2025-12-31
Net income
$1.1B
FY ending 2025-12-31
Diluted EPS
$8.08
Net margin
4.8%

Reported SEC XBRL figures. Each metric’s period and original filing are listed below.

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About CDW

Exchange
NASDAQ: CDW
Sector
Information Technology
SEC industry
Retail-Catalog & Mail-Order Houses (SIC 5961)
Fiscal year end
December 31

CDW key financials

Reported figures from CDW Corporation's filings, pulled directly from SEC XBRL data rather than a third-party terminal. Each row links to the filing it came from.

MetricValuePeriodSource
Revenue$22.4B2025-01-01 – 2025-12-31SEC filing
Net income$1.1B2025-01-01 – 2025-12-31SEC filing
Operating cash flow$1.2B2025-01-01 – 2025-12-31SEC filing
Diluted EPS$8.082025-01-01 – 2025-12-31SEC filing
Net margin4.8%2025-01-01 – 2025-12-31SEC filing
Shares outstanding130MAs of 2025-10-30SEC filing

Values are as tagged by the issuer in XBRL. Revenue for banks and insurers is net of interest expense where that is the reported line. Fiscal years that do not follow the calendar are shown by their period-end date. No price, market cap, or valuation multiple is shown because Yield Theory does not republish unlicensed market data.

Diluted EPS is the earnings figure behind the price-to-earnings ratio; the P/E multiple compression calculator shows how a change in that multiple moves a share price. Shares outstanding multiplied by the share price gives market capitalization.

What investors should watch in CDW

CDW Corporation sits in Information Technology. Semiconductors, software, and hardware — the companies building the digital and AI infrastructure the rest of the economy runs on. We have not yet written company-specific drivers for CDW; the forces that matter most for the sector are:

  • ◆The AI capital-expenditure cycle
  • ◆Interest rates and the cost of long-duration growth
  • ◆Enterprise IT budgets and cloud migration
  • ◆Export controls and the US–China chip race

Key questions for the CDW thesis

Each question starts with what the filings show, then why it matters. None of these is a rating or a forecast.

Does CDW's reported profit turn into cash?

Operating cash flow was $1.2B, 1.13 times net income of $1.1B, for the fiscal year ended December 31, 2025.

Cash from operations exceeded reported earnings. Non-cash charges such as depreciation, amortization and stock-based compensation usually explain the gap; the cash-flow statement shows which.

Form 10-K filed February 20, 2026

How much of CDW's revenue is left as profit?

Net income was 4.8% of revenue for the fiscal year ended December 31, 2025, based on revenue and net income reported for the same period.

Net margin reflects the business model as much as execution, so compare it with companies in the same SEC industry and read the income statement for one-time items before treating it as a run rate.

Form 10-K filed February 20, 2026

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Congressional trading in CDW

PoliticianTrade dateTypeOwnerAmountSource
Gilbert Cisneros2026-08-19PurchaseSelf$1,001 - $15,000Filing #20035390
John Delaney2026-05-19SaleDependent$1,001 - $15,000Filing #20034718
John Delaney2026-05-18SaleDependent$1,001 - $15,000Filing #20034718
John Delaney2026-05-15SaleDependent$1,001 - $15,000Filing #20034718
John Delaney2026-05-14SaleDependent$1,001 - $15,000Filing #20034718
John Delaney2026-02-24SaleDependent$1,001 - $15,000Filing #20034159
John Delaney2025-12-05SaleDependent$1,001 - $15,000Filing #20033737
John Delaney2025-12-02SaleDependent$1,001 - $15,000Filing #20033737
John Delaney2025-07-09PurchaseDependent$1,001 - $15,000Filing #20030832
Robert Bresnahan2025-04-08PurchaseSelf$1,001 - $15,000Filing #20030291

All verified CDW congressional disclosures

Congressional disclosures are delayed, range-based records—not real-time signals or proof of motive. See the source-linked tracker for scope and limitations.

CDW — frequently asked questions

What does CDW Corporation do?

CDW resells and integrates technology hardware, software, and services for businesses, governments, and schools.

What were CDW's latest reported annual revenue and net income?

For the fiscal year ended December 31, 2025, CDW Corporation reported revenue of $22.4B and net income of $1.1B, with operating cash flow of $1.2B. The figures come from CDW Corporation's SEC XBRL filings.

When does CDW Corporation's fiscal year end?

The SEC lists CDW Corporation's fiscal year end as December 31.

Do members of Congress trade CDW?

The current verified House and Senate snapshot contains 11 transaction rows for CDW, each linked to the original filing.

Is CDW a good investment?

This page does not rate CDW as a buy or sell. It sets out what CDW Corporation reports, what investors should watch and the questions a thesis has to answer, with links to the SEC filings. It is research, not investment advice.

This page is independent research and educational information, not investment advice or a recommendation to buy or sell any security. Company facts are compiled from public sources. Do your own research.

What do the CDW numbers leave unanswered?

Financials describe the business. The next question is which assumptions an investment thesis depends on. Explore the member reports below for analysis of catalysts, risks, and what would change the view. $39/month or $249/year.

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