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
Download Data
Historic 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 |