CDW Corporation
CDW Reports Strong Q1 2026 Earnings and Announces Quarterly Dividend
Summary
CDW Corporation reported its first quarter 2026 financial results, showing a 9.2% increase in net sales to $5,680 million, driven by strong demand across all segments. The company also announced a quarterly cash dividend of $0.630 per common share, payable on June 10, 2026, to shareholders of record as of May 25, 2026. Gross profit increased by 6.0% to $1,190 million, and operating income rose by 4.0% to $376 million. Net income increased by 4.7% to $235 million, with non-GAAP net income at $295 million. The dividend announcement and financial performance indicate the company's continued financial health and commitment to returning value to shareholders.
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About CDW Corporation
CDW Corporation is a leading provider of information technology solutions in the corporate, government, education, and healthcare sectors. Founded in 1984 and headquartered in Lincolnshire, Illinois, CDW offers a broad array of IT products and services, ranging from hardware and software to integrated technology solutions. The company has established itself as a crucial partner for organizations seeking to address complex IT challenges, enhance operational efficiency, and maintain secure infrastructures. CDW's primary function is to supply comprehensive tech solutions that encompass data center optimization, cybersecurity, cloud computing, and digital workplace innovations. With a strong focus on customer service and technical expertise, CDW collaborates closely with major technology vendors like Cisco, Apple, and Microsoft, serving as both a value-added reseller and a trusted IT advisor. Its extensive catalog of offerings enables diverse industries to stay competitive in an ever-evolving digital landscape. In the financial market, CDW's significance is underscored by its consistent revenue growth and robust market presence. As businesses increasingly rely on technology to drive transformation, CDW stands out as a pivotal player in facilitating the adoption and integration of cutting-edge IT solutions.
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