CDW · Earnings call · 2026Q2T · Full report

Revenue Performance and Mix

CDW Corp · 2026-08-05 · Importance 54 · Surprise 40 · No source text

Second-quarter net sales were $6.6 billion, up 10% year-over-year and a quarterly record. Hardware revenue increased 10%, with servers, storage and networking delivering healthy double-digit growth, while notebooks and desktops grew a combined 10% as higher average selling prices offset lower unit volumes. Software grew at a low-double-digit rate, cloud delivered healthy growth, security revenue and gross profit increased double digits, and services increased 1%. International net sales increased approximately 23%, while Commercial, Government and Education grew 9%, 14%, and approximately 1%, respectively.

Key facts

• Second quarter net sales: $6.6 billion, up 10% year-over-year
• Non-GAAP net income was $370 million in the quarter, up 7.8% year-over-year
• Net sales, gross profit and non-GAAP earnings per share set new all-time quarterly records in Q2 2026
• Second quarter non-GAAP earnings per diluted share: $2.91, up 12% year-over-year

Impact estimates