CDW · Earnings call · 2026Q2T · Full report

Products and Technology

CDW Corp · 2026-08-05 · Importance 48 · Surprise 40

Hardware revenue increased 10%, with servers, storage and networking delivering very healthy double-digit growth and notebooks and desktops increasing a combined 10%. Software grew at a low-double-digit rate, led by security, application suites, and storage and network-area management software. Cloud growth reflected application modernization, AI evaluation and hybrid-environment optimization, while security growth was driven by protection of advanced architectures and governance and compliance needs. CDW is also productizing its AI 360 Framework for state and local governments and expanding AI offerings across edge infrastructure, networking, security and endpoints.

Key facts

• CDW Assist Super Agent is an AI-powered sales tool used for account planning, opportunity identification, customer engagement and workflow automation
• Hardware revenue increased 10% in the quarter; servers, storage and networking delivered very healthy double-digit growth; notebook and desktops increased a combined 10% with higher average selling prices more than offsetting lower unit volume
• Software increased by low double digits driven by security, application suites and storage and network area management software
• Cloud growth described as robust, reflecting continued prioritization of application modernization, AI evaluation and hybrid environment optimization
• Security top line and gross profit increased double digits