Cdw (CDW) Operating Expenses (2010 - 2026)
Cdw (CDW) posted Operating Expenses of $814.0 million for Q1 2026, down 1.18% on a QoQ basis from $823.7 million in Q4 2025, and up 6.98% year-over-year from $760.9 million in Q1 2025.
Cdw (CDW) Operating Expenses (2010 - 2026) Analysis & Trends
Cdw's Operating Expenses history runs 17 years deep, the most recent figure standing at $814.0 million for 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 was $814.0 million for Q1 2026 at Cdw, down from $823.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $823.7 million in Q4 2025 and bottomed at $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 dropped 4.03%.
- Cdw's 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 declined by 1.18% to $814.0 million in 2026.
- Business Quant data shows CDW's Operating Expenses at $814.0 million in Q1 2026, $823.7 million in Q4 2025, and $812.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | 7.29 Bn |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 15.54 Bn |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn | -27.00 Mn |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn | 528.00 Mn |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - | 29.83 Mn |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn | 605.00 Mn |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 791.00 Mn |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | 2.23 Bn |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | 1.59 Bn |
| 10 | Cdw | 16.66 Bn | 16.08 Bn | 1.19 Bn | 814.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 512.90 Mn |