Short answer
CDW Corporation (CDW) filed its Q1 2026 10-Q quarterly report on May 6, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $5.7B (up 9.2% year over year) with net income of $235M.
Q1 2026 key financials · XBRL
- Revenue
- $5.7B
- +9.2% YoY
- Net income
- $235M
- +4.7% YoY
- Operating margin
- 6.6%
- Gross margin
- 21.0%
- EPS (diluted)
- $1.82
- +7.7% YoY
Source: XBRL data from the CDW Corporation (CDW) Q1 2026 10-Q on SEC EDGAR. USD.
CDW Corporation Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $5,679.8M, up 9.2% YoY from $5,199.1M
- Gross margin 21.0% vs 21.6%; operating margin 6.6% vs 7.0% YoY
- Best segment Education: operating income $39.4M, up 55.7%; margin 5.8% vs 3.8%
- Worst segment Government: gross profit $124.7M, down 7.6%; margin 19.7% vs 22.3%
- Operating cash flow $274.8M vs $287.2M; $201M share repurchases and $0.630 dividend per share
- Near-term headwinds: economic, trade-policy, geopolitical, inflation, budget, and customer IT-spending uncertainty
Risk Factors
- No material changes to risk factors during the three months ended March 31, 2026
- Carried-forward risks remain as disclosed in the December 31, 2025 Form 10-K
- Share repurchases reduced remaining authorization to approximately $484 million as of March 31, 2026
- Repurchase program timing depends on market conditions, regulatory requirements, and capital availability
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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