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
DateValue
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