CDW · CDW Corp
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Aug 5, 2026TL;DR. CDW posted Q2 net sales of $6.6 billion (+10%) and non-GAAP EPS of $2.91 (+11.9%), raised its full-year non-GAAP EPS outlook to the high end of high-single-digit growth, and raised its gross profit growth outlook to mid-single digits, while CFO Albert Miralles announced a planned retirement in 2027.
- + Net sales grew 10% to a record $6.6 billion with non-GAAP EPS up 11.9% to $2.91
- + Company raised full-year non-GAAP EPS outlook to high end of high-single-digit growth and gross profit growth outlook to mid-single digits
- + Government net sales grew approximately 14% and international net sales grew approximately 23% to a record in Canada
- + Hardware revenue grew 10% with servers, storage, and netcom delivering very healthy double-digit growth
- + Netted down revenue grew 16.1% and rose to 35.9% of gross profit, up 300 bps YoY
- + Repurchased $344 million of shares with over $1.1 billion remaining authorization; declared $0.630 quarterly dividend
- − Gross margin declined 70 bps YoY to 20.1% and full-year gross margin expected to be modestly below 2025
- − Services revenue grew only 1% as customer focus on hardware/cloud delayed services deployment
- − First-half adjusted free cash flow conversion was 42% of non-GAAP net income, well below the 80-90% target
- − Higher education continues to operate in a constrained funding environment
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Technicals
trend & momentum for long-term holders SellIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.
Versus peers
Information Technology Services — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
CDW
this stock
CDW Corp
|
$16.25B | -5.9% | +6.3% | 15.6 | 7.6% |
|
IBM
International Business Machines Corp
|
$212.46B | -25.8% | +7.6% | 20.0 | 2.4% |
|
ACN
Accenture plc
|
$116.59B | -31.7% | +7.4% | 14.0 | 3.7% |
|
INFY
Infosys Ltd
|
$42.53B | -39.6% | — | — | 3.1% |
|
CTSH
Cognizant Technology Solutions Corp
|
$27.26B | -30.8% | +7.0% | 12.5 | 7.6% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| CDW | -12.3% | -14.7% | +1.1% | -15.5% | -5.9% |
| SPY | -0.7% | +0.1% | +12.2% | -0.6% | +11.8% |
| vs SPY | -11.7% | -14.8% | -11.1% | -14.9% | -17.7% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.