Cdw (CDW) Operating Expenses (2010 - 2026)
Cdw (CDW) reported Operating Expenses of $814.0 million for Q1 2026, up 6.98% on a YoY basis from $760.9 million in Q1 2025, and down 1.18% quarter-over-quarter from $823.7 million in Q4 2025.
Cdw (CDW) Operating Expenses (2010 - 2026) Analysis & Trends
Cdw has reported Operating Expenses for 17 years, with the latest figure at $814.0 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 6.98% year-over-year to $814.0 million; the trailing twelve-month figure through Mar 2026 stood at $3.3 billion (up 9.88% YoY), and the FY2025 full-year result was $3.2 billion, up 9.04% from the prior year.
- Operating Expenses for Q1 2026 stood at $814.0 million, down from $823.7 million in the prior quarter.
- The five-year high for Operating Expenses was $823.7 million in Q4 2025, with the low at $717.2 million in Q1 2022.
- Historically, Operating Expenses has averaged $759.2 million across 5 years, with a median of $749.3 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 52.01% — and 2024, when it retreated 4.03%.
- Cdw's Operating Expenses 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 500.00 Mn |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 7.26 Bn |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | -158.00 Mn |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 15.55 Bn |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 791.00 Mn |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 605.00 Mn |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 1.59 Bn |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 814.00 Mn |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 223.00 Mn |
| 10 | Caci International | 11.74 Bn | 11.58 Bn | 797.83 Mn | 2.12 Bn |
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 |