Cdw (CDW) Operating Expenses (2010 - 2026)
Cdw's (CDW) quarterly Operating Expenses came in at $814.0 million in Q1 2026, up 6.98% YoY from $760.9 million in Q1 2025, and down 1.18% on a QoQ basis from $823.7 million in Q4 2025.
Cdw (CDW) Operating Expenses (2010 - 2026) Analysis & Trends
Cdw (CDW) has 17 years of Operating Expenses data on file, last reported at $814.0 million in Q1 2026.
- Quarterly Operating Expenses rose 6.98% year-over-year to $814.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.3 billion (up 9.88% YoY) and the FY2025 annual result came in at $3.2 billion, up 9.04% from the prior year.
- Operating Expenses retreated to $814.0 million in Q1 2026, from $823.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $823.7 million in Q4 2025 to a low of $717.2 million in Q1 2022.
- A 5-year average of $759.2 million and a median of $749.3 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 52.01% — and 2024, when it retreated 4.03%.
- Tracing CDW's Operating Expenses over 5 years: stood at $734.5 million in 2022, then slipped by 2.14% to $718.8 million in 2023, then increased by 3.88% to $746.7 million in 2024, then increased by 10.31% to $823.7 million in 2025, then slipped by 1.18% to $814.0 million in 2026.
- The last three Operating Expenses figures came in at $814.0 million (Q1 2026), $823.7 million (Q4 2025), and $812.2 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 219.38 Bn | 208.02 Bn | 9.91 Bn | 7.29 Bn |
| 2 | Accenture | 111.06 Bn | 100.89 Bn | 6.13 Bn | 15.54 Bn |
| 3 | Infosys | 47.96 Bn | 47.96 Bn | 1.60 Bn | 528.00 Mn |
| 4 | Cgi | 32.80 Bn | 32.34 Bn | - | 12.44 Mn |
| 5 | Cognizant Technology Solutions | 28.32 Bn | 27.27 Bn | 1.83 Bn | 812.00 Mn |
| 6 | Fidelity National Information Services | 20.92 Bn | 20.17 Bn | 1.17 Bn | 684.00 Mn |
| 7 | Broadridge Financial Solutions | 20.67 Bn | 20.27 Bn | 853.00 Mn | 1.67 Bn |
| 8 | Wipro | 19.82 Bn | 18.75 Bn | 738.00 Mn | 2.23 Bn |
| 9 | Leidos Holdings | 17.78 Bn | 17.03 Bn | 817.00 Mn | 310.00 Mn |
| 10 | Cdw | 16.95 Bn | 16.59 Bn | 1.32 Bn | 891.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |