Cdw CDW
NASDAQ CDW
$142.36 -2.12 (-1.47%)
As of: Sep 9, 2026 · 3:59 PM EDT

Cdw (CDW) Operating Expenses (2010 - 2026)

Cdw's (CDW) quarterly Operating Expenses came in at $891.2 million in Q2 2026, up 8.55% on a YoY basis from $821.0 million in Q2 2025, and up 9.48% quarter-over-quarter from $814.0 million in Q1 2026.

Analysis

Cdw (CDW) Operating Expenses (2010 - 2026) Analysis & Trends

Cdw (CDW) has reported Operating Expenses for 17 consecutive years, with $891.2 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 8.55% year-over-year to $891.2 million; the trailing twelve-month figure through Jun 2026 stood at $3.3 billion (up 9.63% YoY), and the FY2025 full-year result was $3.2 billion, up 9.04% from the prior year.
  • Operating Expenses rose to $891.2 million in Q2 2026 per CDW's latest filing, from $814.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $891.2 million in Q2 2026 and bottomed at $717.2 million in Q1 2022.
  • Historically, Operating Expenses has averaged $766.5 million across 5 years, with a median of $749.6 million in 2023.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 52.01% in 2022, then decreased 4.03% in 2024.
  • Over 5 years, Operating Expenses stood at $734.5 million in 2022, then declined by 2.14% to $718.8 million in 2023, then gained by 3.88% to $746.7 million in 2024, then gained by 10.31% to $823.7 million in 2025, then climbed by 8.19% to $891.2 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $891.2 million, $814.0 million, and $823.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Td Synnex 21.01 Bn 19.92 Bn 1.34 Bn 822.22 Mn
2 Cdw 19.09 Bn 18.73 Bn 1.32 Bn 891.20 Mn
3 Arrow Electronics 11.00 Bn 10.83 Bn 1.13 Bn 747.88 Mn
4 Avnet 7.56 Bn 7.40 Bn 865.03 Mn 634.01 Mn
5 Ingram Micro Holding 6.79 Bn 5.98 Bn 958.68 Mn 722.71 Mn
6 Insight Enterprises 4.75 Bn 4.39 Bn 521.60 Mn 390.37 Mn
7 Eplus 2.41 Bn 1.96 Bn 151.33 Mn 112.50 Mn
8 Pc Connection 2.13 Bn 1.79 Bn 157.47 Mn 2.01 Mn
9 Scansource 1.18 Bn 1.09 Bn 119.85 Mn 83.49 Mn
10 Climb Global Solutions 544.33 Mn 487.77 Mn 30.16 Mn 21.19 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 891.20 Mn
Mar 31, 2026 814.00 Mn
Dec 31, 2025 823.70 Mn
Sep 30, 2025 812.20 Mn
Jun 30, 2025 821.00 Mn
Mar 31, 2025 760.90 Mn
Dec 31, 2024 746.70 Mn
Sep 30, 2024 719.10 Mn
Jun 30, 2024 750.00 Mn
Mar 31, 2024 735.30 Mn
Dec 31, 2023 718.80 Mn
Sep 30, 2023 749.30 Mn
Jun 30, 2023 769.30 Mn
Mar 31, 2023 734.10 Mn
Dec 31, 2022 734.50 Mn
Sep 30, 2022 766.80 Mn
Jun 30, 2022 732.90 Mn
Mar 31, 2022 717.20 Mn
Dec 31, 2021 636.30 Mn
Sep 30, 2021 528.50 Mn