Name: CDW Corporation Financial Statements
Creator: Quarter Results

Income statement quarterly history for CDW Corporation (CDW).
Income Statement (Quarterly)	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Revenue	5,199,100,000	5,186,000,000	5,516,600,000	5,423,400,000
Cost of Revenue	4,076,800,000	4,030,700,000	4,315,900,000	4,240,300,000
Gross Profit	1,122,300,000	1,155,300,000	1,200,700,000	1,183,100,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	760,900,000	746,700,000	719,100,000	749,100,000
Operating Expenses	760,900,000	746,700,000	719,100,000	749,100,000
Operating Income	361,400,000	408,600,000	481,600,000	434,000,000
Interest Expense	57,100,000	56,500,000	54,400,000	52,300,000
Income Before Tax	304,000,000	351,500,000	427,600,000	379,700,000
Income Tax Expense	79,100,000	87,300,000	111,200,000	98,600,000
Net Income	224,900,000	264,200,000	316,400,000	281,100,000
Per Share
EPS	1.70	1.98	2.37	2.10
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for CDW Corporation (CDW).
Income Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Revenue	22,424,100,000	20,998,700,000	21,376,000,000	23,748,700,000	20,820,800,000
Cost of Revenue	17,550,700,000	16,396,300,000	16,723,600,000	19,062,100,000	17,252,300,000
Gross Profit	4,873,400,000	4,602,400,000	4,652,400,000	4,686,600,000	3,568,500,000
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	3,217,800,000	2,925,700,000	2,971,500,000	2,951,400,000	2,149,500,000
Operating Expenses	3,217,800,000	2,951,100,000	2,971,500,000	2,951,400,000	2,149,500,000
Operating Income	1,655,600,000	1,651,300,000	1,680,900,000	1,735,200,000	1,419,000,000
Interest Expense	227,400,000	214,500,000	226,600,000	235,700,000	150,900,000
Income Before Tax	1,427,400,000	1,435,400,000	1,450,200,000	1,487,800,000	1,297,800,000
Income Tax Expense	360,800,000	357,600,000	345,900,000	373,300,000	309,200,000
Net Income	1,066,599,999	1,077,800,000	1,104,300,000	1,114,500,000	988,600,000
Per Share
EPS	8.13	8.06	8.20	8.24	7.14
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for CDW Corporation (CDW).
Balance Sheet (Quarterly)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Assets
Cash and Cash Equivalents	618,700,000	503,500,000	588,700,000	315,200,000
Short Term Investments	0	214,200,000	0	0
Net Receivables	6,866,400,000	5,645,700,000	5,038,000,000	4,950,400,000
Inventory	563,400,000	605,300,000	668,100,000	800,200,000
Total Current Assets	8,500,500,000	7,373,100,000	6,705,000,000	6,564,000,000
Property Plant Equipment	308,200,000	312,200,000	324,300,000	338,000,000
Goodwill and Intangibles	5,848,700,000	5,977,000,000	5,783,100,000	5,833,400,000
Total Assets	16,028,200,000	14,678,400,000	13,284,600,000	13,131,500,000
Liabilities
Account Payables	4,220,100,000	3,381,300,000	3,311,900,000	2,821,300,000
Short Term Debt	1,393,000,000	235,800,000	613,100,000	56,300,000
Total Current Liabilities	7,226,100,000	5,474,400,000	5,442,000,000	4,947,100,000
Long Term Debt	4,937,900,000	5,756,100,000	5,031,800,000	6,041,600,000
Total Liabilities	13,422,100,000	12,325,700,000	11,242,100,000	11,528,200,000
Shareholders Equity
Retained Earnings	-1,273,900,000	-1,322,900,000	-1,525,500,000	-1,763,800,000
Total Shareholders Equity	2,606,100,000	2,352,700,000	2,042,500,000	1,603,300,000

Balance sheet annual history for CDW Corporation (CDW).
Balance Sheet (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Assets
Cash and Cash Equivalents	618,700,000	503,500,000	588,700,000	315,200,000	258,100,000
Short Term Investments	0	214,200,000	0	0	0
Net Receivables	6,866,400,000	5,645,700,000	5,038,000,000	4,950,400,000	4,934,900,000
Inventory	563,400,000	605,300,000	668,100,000	800,200,000	927,600,000
Total Current Assets	8,500,500,000	7,373,100,000	6,705,000,000	6,564,000,000	6,478,100,000
Property Plant Equipment	308,200,000	312,200,000	324,300,000	338,000,000	351,400,000
Goodwill and Intangibles	5,848,700,000	5,977,000,000	5,783,100,000	5,833,400,000	6,011,000,000
Total Assets	16,028,200,000	14,678,400,000	13,284,600,000	13,131,500,000	13,199,400,000
Liabilities
Account Payables	4,220,100,000	3,381,300,000	3,311,900,000	2,821,300,000	3,114,200,000
Short Term Debt	1,393,000,000	235,800,000	613,100,000	56,300,000	102,700,000
Total Current Liabilities	7,226,100,000	5,474,400,000	5,442,000,000	4,947,100,000	5,096,000,000
Long Term Debt	4,937,900,000	5,756,100,000	5,031,800,000	6,041,600,000	6,940,000,000
Total Liabilities	13,422,100,000	12,325,700,000	11,242,100,000	11,528,200,000	12,493,700,000
Shareholders Equity
Retained Earnings	-1,273,900,000	-1,322,900,000	-1,525,500,000	-1,763,800,000	-824,800,000
Total Shareholders Equity	2,606,100,000	2,352,700,000	2,042,500,000	1,603,300,000	705,700,000

Cash flow quarterly history for CDW Corporation (CDW).
Cash Flow Statement (Quarterly)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Operating Activities
Net Income	1,066,599,999	1,077,800,000	1,104,300,000	1,114,500,000
Depreciation & Amortization	296,000,000	275,300,000	270,700,000	290,600,000
Stock Based Compensation	0	64,700,000	93,700,000	91,100,000
Change in Working Capital	-286,300,000	-162,700,000	118,800,000	-166,600,000
Operating Cash Flow	1,205,200,000	1,277,300,000	1,598,700,000	1,335,900,000
Investing Activities
Capital Expenditure	-117,100,000	-122,600,000	-148,200,000	-127,800,000
Investments	-117,100,000	-122,600,000	-148,200,000	-127,800,000
Investing Cash Flow	70,200,000	-659,200,000	-229,600,000	-164,500,000
Financing Activities
Debt Repayment	-214,700,000	235,400,000	-432,000,000	-3,166,700,000
Common Stock Issued/Repurchased	-623,500,000	-500,000,000	603,500,000	7,100,000
Dividends Paid	-328,600,000	-332,100,000	-321,500,000	-282,600,000
Financing Cash Flow	-1,184,500,000	-686,900,000	-1,098,700,000	-1,102,100,000
Summary
Free Cash Flow	1,088,100,000	1,154,700,000	1,450,500,000	1,208,100,000
Net Change in Cash	115,200,000	-81,000,000	273,500,000	57,100,000

Cash flow annual history for CDW Corporation (CDW).
Cash Flow Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Operating Activities
Net Income	1,066,599,999	1,077,800,000	1,104,300,000	1,114,500,000	988,600,000
Depreciation & Amortization	296,000,000	275,300,000	270,700,000	290,600,000	191,200,000
Stock Based Compensation	0	64,700,000	93,700,000	91,100,000	72,600,000
Change in Working Capital	-286,300,000	-162,700,000	118,800,000	-166,600,000	-431,600,000
Operating Cash Flow	1,205,200,000	1,277,300,000	1,598,700,000	1,335,900,000	784,600,000
Investing Activities
Capital Expenditure	-117,100,000	-122,600,000	-148,200,000	-127,800,000	-100,000,000
Investments	-117,100,000	-122,600,000	-148,200,000	-127,800,000	0
Investing Cash Flow	70,200,000	-659,200,000	-229,600,000	-164,500,000	-2,769,600,000
Financing Activities
Debt Repayment	-214,700,000	235,400,000	-432,000,000	-3,166,700,000	-2,807,800,000
Common Stock Issued/Repurchased	-623,500,000	-500,000,000	603,500,000	7,100,000	-1,500,400,000
Dividends Paid	-328,600,000	-332,100,000	-321,500,000	-282,600,000	-234,800,000
Financing Cash Flow	-1,184,500,000	-686,900,000	-1,098,700,000	-1,102,100,000	832,800,000
Summary
Free Cash Flow	1,088,100,000	1,154,700,000	1,450,500,000	1,208,100,000	684,600,000
Net Change in Cash	115,200,000	-81,000,000	273,500,000	57,100,000	-1,152,100,000

CDW Corporation (CDW)