Cdw (CDW) Gross Margin (2010 - 2026)

Cdw's Gross Margin history runs 17 years deep, the most recent figure standing at 20.95% for Q1 2026.

• Quarterly Gross Margin fell 63.0% year-over-year to 20.95% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 21.57% (down 29.0% YoY) and the FY2025 annual result came in at 21.73%, down 18.0% from the prior year.
• Gross Margin was 20.95% for Q1 2026 at Cdw, down from 22.76% in the prior quarter.
• Across five years, Gross Margin topped out at 22.99% in Q4 2023 and bottomed at 18.56% in Q1 2022.
• A 5-year average of 21.29% and a median of 21.72% in 2022 frame the typical range for Gross Margin.
• Annual changes were most pronounced in 2022 — Gross Margin jumped 410 bps — and 2025, when it slumped 105 bps.
• Cdw's Gross Margin stood at 21.72% in 2022, then rose by 6 bps to 22.99% in 2023, then retreated by 3 bps to 22.28% in 2024, then gained by 2 bps to 22.76% in 2025, then fell by 8 bps to 20.95% in 2026.
• Business Quant data shows CDW's Gross Margin at 20.95% in Q1 2026, 22.76% in Q4 2025, and 21.88% in Q3 2025.