CDW · 10-Q · 2026Q2 · Full report

Income Tax Rate Changes

CDW Corp · 2026-08-05 · Importance 31 · Surprise 32

Six-month income tax expense increased 5.4% to $182.1 million from $172.8 million. The effective tax rate increased to 26.3% from 25.8%, primarily because current-year tax shortfalls replaced prior-year excess tax benefits on equity-based compensation, partially offset by tax credits. Second-quarter income tax expense increased 5.1% to $98.5 million, and the effective rate increased to 26.4% from 25.7%.

Key facts

• Three months ended June 30, 2026 Income tax expense: $(98.5) million, increase of $5 million or 5.1% source
• Effective income tax rate was 26.4% for the three months ended June 30, 2026 and 25.7% for the three months ended June 30, 2025 source
• Effective income tax rate was 26.3% for the six months ended June 30, 2026 and 25.8% for the six months ended June 30, 2025 source
• The forward-looking statements included in this report are made only as of the date hereof or, with respect to any documents incorporated by reference, available at the time such document was prepared or filed with the SEC. source