Cdw (CDW) Gross Margin (2010 - 2026)
Cdw (CDW) posted Gross Margin of 20.08% for Q2 2026, down 0.69 percentage points from 20.77% a year earlier and down 0.87 percentage points from the prior quarter.
Cdw (CDW) Gross Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Cdw was 21.36%, down 0.21 percentage points year-over-year; for FY2025, it came in at 21.73%, down 0.18 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +4.35 percentage points (FY2020 to FY2025).
- In prior years, Cdw's Gross Margin was 21.92% in FY2024 (+0.15 pp), 21.76% in FY2023 (+2.03 pp), 19.73% in FY2022 (+2.60 pp) and 17.14% in FY2021 (-0.24 pp).
- The Q2 2026 figure stands as the lowest quarterly Gross Margin since Q3 2022.
- On a year-over-year basis, Gross Margin increased in two of the last eight quarters, with an average year-over-year change of -0.35 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q4 2022, with a gain of 4.10 percentage points; the weakest was Q2 2025, with a drop of 1.05 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 20.95% (Q1 2026), 22.76% (Q4 2025) and 21.88% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 42.66 Bn | 42.72 Bn | 1.60 Bn | 31.48% |
| 2 | Cognizant Technology Solutions | 25.65 Bn | 18.82 Bn | 1.83 Bn | 33.37% |
| 3 | Td Synnex | 20.51 Bn | 14.54 Bn | 1.34 Bn | 6.84% |
| 4 | Cdw | 16.33 Bn | 14.32 Bn | 1.32 Bn | 20.08% |
| 5 | Cgi | 15.07 Bn | 12.85 Bn | - | - |
| 6 | Arrow Electronics | 11.72 Bn | 10.75 Bn | 1.13 Bn | 11.26% |
| 7 | Avnet | 8.33 Bn | 7.51 Bn | 865.03 Mn | 10.43% |
| 8 | Ingram Micro Holding | 6.23 Bn | 1.84 Bn | 958.68 Mn | 6.60% |
| 9 | EPAM Systems | 5.55 Bn | 1.19 Bn | 429.57 Mn | 30.36% |
| 10 | Science Applications International | 5.50 Bn | 5.04 Bn | 239.00 Mn | 12.71% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.08% |
| Mar 31, 2026 | 20.95% |
| Dec 31, 2025 | 22.76% |
| Sep 30, 2025 | 21.88% |
| Jun 30, 2025 | 20.77% |
| Mar 31, 2025 | 21.59% |
| Dec 31, 2024 | 22.28% |
| Sep 30, 2024 | 21.77% |
| Jun 30, 2024 | 21.81% |
| Mar 31, 2024 | 21.82% |
| Dec 31, 2023 | 22.99% |
| Sep 30, 2023 | 21.81% |
| Jun 30, 2023 | 21.00% |
| Mar 31, 2023 | 21.35% |
| Dec 31, 2022 | 21.72% |
| Sep 30, 2022 | 19.84% |
| Jun 30, 2022 | 19.01% |
| Mar 31, 2022 | 18.56% |
| Dec 31, 2021 | 17.62% |
| Sep 30, 2021 | 17.26% |
Cdw Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CDW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CDW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CDW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();