CDW · Earnings call · 2026Q2T · Full report

Segment Revenue Performance

CDW Corp · 2026-08-05 · Importance 48 · Surprise 40 · In source text

Commercial net sales increased 9%, including 11% growth in Corporate, 9% growth in Healthcare, and 2% growth in Financial Services. Government net sales increased approximately 14%, driven by improving federal demand and continued state and local momentum. Education net sales increased approximately 1%, with healthy K-12 demand offset by constrained higher-education funding. International net sales increased approximately 23%, led by a record quarter in Canada and continued momentum in the U.K.

Key facts

• International net sales increased approximately 23%, led by a record quarter in Canada and continued strong momentum in the U.K.; both U.K. and Canada delivered mid-teens or better local market growth
• Commercial segment net sales increased 9% in the quarter; Corporate increased 11%, Healthcare grew 9%, Financial Services increased 2%
• Government net sales increased approximately 14%, driven by improving federal demand and continued momentum across state and local customers
• Education net sales increased by approximately 1%; K-12 demand remained healthy while higher education continued to operate in a constrained funding environment

Impact estimates