CDW Corp (CDW) Form 8-K — Aug 5, 2026
CDW reported second quarter 2026 net sales of $6,572.2 million, up 10.0% year-over-year, driven by customer demand for data storage and servers, notebooks/mobile devices, software, and netcomm products tied to infrastructure, cloud, and AI-enabled technology investments. GAAP diluted EPS rose 5.1% to $2.15 and non-GAAP diluted EPS rose 11.9% to $2.91, with net income of $274.4 million. Gross margin compressed to 20.1% from 20.8% on hardware mix, and operating income grew just 2.0% against 10.0% sales growth. The Board declared a quarterly cash dividend of $0.630 per share payable September 10, 2026 to holders of record August 25, 2026.
Key figures
- Eps
- 2.15
- Revenue
- $6,572.2 million
- Guidance
- Management remains confident in its ability to exceed US IT addressable market growth by 200 to 300 basis points on a constant currency basis.
- Net Income
- $274.4 million
- Total Debt
- $5,817.0 million
- Revenue Yoy
- 10.0%
- Total Assets
- $17,254.8 million
- Cash Position
- $361.8 million
- Net debt
- $5,455.2 million
- Non GAAP eps
- 2.91
- Non GAAP eps yoy
- 11.9%
- Operating income
- $428.6 million
- Dividend per share
- $0.630
- Effective tax rate
- 26.4%
- Gross profit margin
- 20.1%
- Six month net sales
- $12,252.0 million
- Dividend record date
- August 25, 2026
- Dividend payable date
- September 10, 2026
- Other uk canada sales
- $826 million (+22.9%)
- Revolver availability
- $1,682.4 million
- Six month diluted eps
- 3.97
- Education segment sales
- $933 million (+0.7%)
- Commercial segment sales
- $3,965 million (+9.2%)
- Government segment sales
- $848 million (+13.6%)
- Non GAAP operating income
- $556.0 million
- Days of sales outstanding
- 93
- Free cash flow six months
- $165.8 million
- Operating cash flow six months
- $219.7 million
- Buyback authorization remaining
- $1,138 million
- Adjusted free cash flow six months
- $278.4 million
- Returned to stockholders since ipo
- $8.8 billion
Price after filing
Close on the filing date to close N calendar days later (from $154.00). Historical, not a forecast.
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