Cdw (CDW) Gross Margin (2010 - 2026)

Cdw has reported Gross Margin for 17 years, with the latest figure at 20.95% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin fell 63.0% year-over-year to 20.95%; the trailing twelve-month figure through Mar 2026 stood at 21.57% (down 29.0% YoY), and the FY2025 full-year result was 21.73%, down 18.0% from the prior year.
• Gross Margin for Q1 2026 stood at 20.95%, down from 22.76% in the prior quarter.
• The five-year high for Gross Margin was 22.99% in Q4 2023, with the low at 18.56% in Q1 2022.
• Historically, Gross Margin has averaged 21.29% across 5 years, with a median of 21.72% in 2022.
• Annual changes were most pronounced in 2022 — Gross Margin jumped 410 bps — and 2025, when it tumbled 105 bps.
• Cdw's Gross Margin stood at 21.72% in 2022, then grew by 6 bps to 22.99% in 2023, then declined by 3 bps to 22.28% in 2024, then increased by 2 bps to 22.76% in 2025, then dropped by 8 bps to 20.95% in 2026.
• The last three Gross Margin figures came in at 20.95% (Q1 2026), 22.76% (Q4 2025), and 21.88% (Q3 2025), per Business Quant data.