CDW Corp — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that CDW Corp filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2013 | Dec 31, 2013 | $2.71B | Mar 5, 2014 |
| FY2013 | Sep 30, 2013 | $2.86B | Mar 5, 2014 |
| FY2013 | Jun 30, 2013 | $2.78B | Mar 5, 2014 |
| FY2013 | Mar 31, 2013 | $2.41B | Mar 5, 2014 |
| FY2012 | Dec 31, 2012 | $2.60B | Nov 8, 2013 |
| FY2012 | Sep 30, 2012 | $2.62B | Nov 8, 2013 |
| FY2012 | Jun 30, 2012 | $2.58B | Nov 8, 2013 |
| FY2012 | Mar 31, 2012 | $2.32B | Nov 8, 2013 |
| FY2012 | Dec 31, 2011 | $2.48B | Nov 8, 2013 |
| FY2012 | Sep 30, 2011 | $2.58B | Nov 8, 2013 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $22.42B | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $21.00B | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | $21.38B | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | $23.75B | Feb 21, 2025 |
| FY2023 | Dec 31, 2021 | $20.82B | Feb 26, 2024 |
| FY2020 | Dec 31, 2020 | $4.96B | Feb 26, 2021 |
| FY2020 | Sep 30, 2020 | $4.76B | Feb 26, 2021 |
| FY2020 | Jun 30, 2020 | $4.37B | Feb 26, 2021 |
| FY2020 | Mar 31, 2020 | $4.39B | Feb 26, 2021 |
| FY2020 | Dec 31, 2019 | $4.54B | Feb 26, 2021 |
Revenue (Net Sales)
Net sales revenue — gross revenue less returns, allowances, and discounts. Used by many manufacturers and retailers as the primary top-line figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2017 | Dec 31, 2017 | $3.84B | Mar 1, 2018 |
| FY2017 | Sep 30, 2017 | $4.03B | Mar 1, 2018 |
| FY2017 | Jun 30, 2017 | $3.99B | Mar 1, 2018 |
| FY2017 | Mar 31, 2017 | $3.32B | Mar 1, 2018 |
| FY2017 | Dec 31, 2016 | $3.49B | Mar 1, 2018 |
| FY2017 | Sep 30, 2016 | $3.71B | Mar 1, 2018 |
| FY2017 | Jun 30, 2016 | $3.66B | Mar 1, 2018 |
| FY2017 | Mar 31, 2016 | $3.12B | Mar 1, 2018 |
| FY2016 | Dec 31, 2015 | $3.42B | Mar 1, 2017 |
| FY2016 | Sep 30, 2015 | $3.50B | Mar 1, 2017 |
Gross Profit
Revenue minus the cost of goods sold (COGS). Gross profit shows how much revenue remains to cover operating expenses, R&D, and administrative costs before calculating operating income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $4.87B | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $4.60B | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | $4.65B | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | $4.69B | Feb 21, 2025 |
| FY2023 | Dec 31, 2021 | $3.57B | Feb 26, 2024 |
| FY2020 | Dec 31, 2020 | $880.90M | Feb 26, 2021 |
| FY2020 | Sep 30, 2020 | $825.50M | Feb 26, 2021 |
| FY2020 | Jun 30, 2020 | $747.20M | Feb 26, 2021 |
| FY2020 | Mar 31, 2020 | $756.50M | Feb 26, 2021 |
| FY2020 | Dec 31, 2019 | $777.50M | Feb 26, 2021 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.07B | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $1.08B | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | $1.10B | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | $1.11B | Feb 21, 2025 |
| FY2023 | Dec 31, 2021 | $988.60M | Feb 26, 2024 |
| FY2020 | Dec 31, 2020 | $238.30M | Feb 26, 2021 |
| FY2020 | Sep 30, 2020 | $193.20M | Feb 26, 2021 |
| FY2020 | Jun 30, 2020 | $189.10M | Feb 26, 2021 |
| FY2020 | Mar 31, 2020 | $167.90M | Feb 26, 2021 |
| FY2020 | Dec 31, 2019 | $185.60M | Feb 26, 2021 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.66B | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $1.65B | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | $1.68B | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | $1.74B | Feb 21, 2025 |
| FY2023 | Dec 31, 2021 | $1.42B | Feb 26, 2024 |
| FY2020 | Dec 31, 2020 | $332.20M | Feb 26, 2021 |
| FY2020 | Sep 30, 2020 | $317.80M | Feb 26, 2021 |
| FY2020 | Jun 30, 2020 | $283.40M | Feb 26, 2021 |
| FY2020 | Mar 31, 2020 | $245.80M | Feb 26, 2021 |
| FY2020 | Dec 31, 2019 | $283.80M | Feb 26, 2021 |
SG&A Expense
Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.22B | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $2.95B | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | $2.97B | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | $2.95B | Feb 21, 2025 |
| FY2023 | Dec 31, 2021 | $2.15B | Feb 26, 2024 |
| FY2022 | Dec 31, 2020 | $2.03B | Feb 24, 2023 |
| FY2021 | Dec 31, 2019 | $1.91B | Feb 28, 2022 |
| FY2020 | Dec 31, 2018 | $1.72B | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $1.41B | Feb 28, 2020 |
| FY2018 | Dec 31, 2016 | $1.35B | Feb 27, 2019 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.21B | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $1.28B | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | $1.60B | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | $1.34B | Feb 21, 2025 |
| FY2023 | Dec 31, 2021 | $784.60M | Feb 26, 2024 |
| FY2022 | Dec 31, 2020 | $1.31B | Feb 24, 2023 |
| FY2021 | Dec 31, 2019 | $1.03B | Feb 28, 2022 |
| FY2020 | Dec 31, 2018 | $905.90M | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $777.70M | Feb 28, 2020 |
| FY2018 | Dec 31, 2016 | $604.00M | Feb 27, 2019 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $117.10M | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $122.60M | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | $148.20M | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | $127.80M | Feb 21, 2025 |
| FY2023 | Dec 31, 2021 | $100.00M | Feb 26, 2024 |
| FY2022 | Dec 31, 2020 | $158.00M | Feb 24, 2023 |
| FY2021 | Dec 31, 2019 | $236.30M | Feb 28, 2022 |
| FY2020 | Dec 31, 2018 | $86.10M | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $81.10M | Feb 28, 2020 |
| FY2018 | Dec 31, 2016 | $63.50M | Feb 27, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $16.03B | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $14.68B | Feb 20, 2026 |
| FY2024 | Dec 31, 2023 | $13.28B | Feb 21, 2025 |
| FY2023 | Dec 31, 2022 | $13.13B | Feb 26, 2024 |
| FY2022 | Dec 31, 2021 | $13.20B | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | $9.34B | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $8.00B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $7.17B | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | $6.97B | Feb 27, 2019 |
| FY2018 | Dec 31, 2016 | $6.96B | Feb 27, 2019 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2018 | Dec 31, 2017 | $5.98B | Feb 27, 2019 |
| FY2018 | Dec 31, 2016 | $5.91B | Feb 27, 2019 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.61B | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $2.35B | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | $2.04B | Feb 20, 2026 |
| FY2025 | Dec 31, 2022 | $1.60B | Feb 20, 2026 |
| FY2024 | Dec 31, 2021 | $705.70M | Feb 21, 2025 |
| FY2023 | Dec 31, 2020 | $1.30B | Feb 26, 2024 |
| FY2022 | Dec 31, 2019 | $960.30M | Feb 24, 2023 |
| FY2021 | Dec 31, 2018 | $975.20M | Feb 28, 2022 |
| FY2020 | Dec 31, 2017 | $985.60M | Feb 26, 2021 |
| FY2019 | Dec 31, 2016 | $1.05B | Feb 28, 2020 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $4.66B | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $4.62B | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | $4.41B | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | $4.34B | Feb 21, 2025 |
| FY2023 | Dec 31, 2021 | $4.38B | Feb 26, 2024 |
| FY2022 | Dec 31, 2020 | $2.60B | Feb 24, 2023 |
| FY2021 | Dec 31, 2019 | $2.55B | Feb 28, 2022 |
| FY2020 | Dec 31, 2018 | $2.46B | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $2.48B | Feb 28, 2020 |
| FY2018 | Dec 31, 2016 | $2.46B | Feb 27, 2019 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($1.27B) | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | ($1.32B) | Feb 20, 2026 |
| FY2024 | Dec 31, 2023 | ($1.53B) | Feb 21, 2025 |
| FY2023 | Dec 31, 2022 | ($1.76B) | Feb 26, 2024 |
| FY2022 | Dec 31, 2021 | ($2.57B) | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | ($1.81B) | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | ($2.02B) | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | ($1.89B) | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | ($1.83B) | Feb 27, 2019 |
| FY2017 | Dec 31, 2016 | ($1.67B) | Mar 1, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $618.70M | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $503.50M | Feb 20, 2026 |
| FY2024 | Dec 31, 2023 | $588.70M | Feb 21, 2025 |
| FY2023 | Dec 31, 2022 | $315.20M | Feb 26, 2024 |
| FY2022 | Dec 31, 2021 | $258.10M | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | $1.41B | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $154.00M | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $205.80M | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | $144.20M | Feb 27, 2019 |
| FY2018 | Dec 31, 2016 | $263.70M | Feb 27, 2019 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 8 | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | 8 | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | 8 | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | 8 | Feb 21, 2025 |
| FY2023 | Dec 31, 2021 | 7 | Feb 26, 2024 |
| FY2020 | Dec 31, 2020 | 1 | Feb 26, 2021 |
| FY2020 | Sep 30, 2020 | 1 | Feb 26, 2021 |
| FY2020 | Jun 30, 2020 | 1 | Feb 26, 2021 |
| FY2020 | Mar 31, 2020 | 1 | Feb 26, 2021 |
| FY2020 | Dec 31, 2019 | 1 | Feb 26, 2021 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 8 | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | 7 | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | 8 | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | 8 | Feb 21, 2025 |
| FY2023 | Dec 31, 2021 | 7 | Feb 26, 2024 |
| FY2020 | Dec 31, 2020 | 1 | Feb 26, 2021 |
| FY2020 | Sep 30, 2020 | 1 | Feb 26, 2021 |
| FY2020 | Jun 30, 2020 | 1 | Feb 26, 2021 |
| FY2020 | Mar 31, 2020 | 1 | Feb 26, 2021 |
| FY2020 | Dec 31, 2019 | 1 | Feb 26, 2021 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 129.40M | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | 132.60M | Feb 20, 2026 |
| FY2024 | Dec 31, 2023 | 134.10M | Feb 21, 2025 |
| FY2023 | Dec 31, 2022 | 135.50M | Feb 26, 2024 |
| FY2022 | Dec 31, 2021 | 134.80M | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | 141.90M | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | 143.00M | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | 147.70M | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | 153.00M | Feb 27, 2019 |
| FY2017 | Dec 31, 2016 | 160.30M | Mar 1, 2018 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $328.60M | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $332.10M | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | $321.50M | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | $282.60M | Feb 21, 2025 |
| FY2023 | Dec 31, 2021 | $234.80M | Feb 26, 2024 |
| FY2022 | Dec 31, 2020 | $219.60M | Feb 24, 2023 |
| FY2021 | Dec 31, 2019 | $183.40M | Feb 28, 2022 |
| FY2020 | Dec 31, 2018 | $139.40M | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $106.90M | Feb 28, 2020 |
| FY2018 | Dec 31, 2016 | $78.70M | Feb 27, 2019 |