Cdw (CDW) Operating Leases (2019 - 2026)
Cdw (CDW) reported Operating Leases of $147.3 million for Q2 2026, up 8.1% from $136.3 million a year earlier but down 1.6% from the prior quarter.
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Analysis
Cdw (CDW) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Cdw posted Operating Leases of $157.8 million, up 5.8% from FY2024.
- Operating Leases has a five-year compound annual growth rate of -1.4% (FY2020 to FY2025).
- By year, Operating Leases came in at $149.1 million in FY2024 (-9.1%), $164 million in FY2023 (-6.4%), $175.2 million in FY2022 (-4.9%) and $184.2 million in FY2021 (+9.0%).
- Five-year quarterly Operating Leases spans a low of $128.8 million in Q3 2025 and a high of $190.6 million in Q1 2022.
- Year over year, Operating Leases has now increased in each of the last three quarters, with an average decline of 5.7% over the last eight quarters.
- The high point for year-over-year Operating Leases in five years was Q1 2022 (growth of 15.4%); the low point was Q3 2025 (a decline of 18.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $149.7 million (Q1 2026), $157.8 million (Q4 2025) and $128.8 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 50.81 Bn | 42.20 Bn | - |
| 2 | Cognizant Technology Solutions | 28.52 Bn | 22.49 Bn | 1.91 Bn |
| 3 | Cdw | 20.95 Bn | 17.85 Bn | 1.39 Bn |
| 4 | Td Synnex | 18.62 Bn | 12.78 Bn | 1.43 Bn |
| 5 | Arrow Electronics | 10.10 Bn | 9.05 Bn | 1.13 Bn |
| 6 | EPAM Systems | 7.92 Bn | 3.84 Bn | 445.94 Mn |
| 7 | Avnet | 7.12 Bn | 6.30 Bn | 865.03 Mn |
| 8 | ExlService Holdings | 6.52 Bn | 5.32 Bn | 241.14 Mn |
| 9 | Science Applications International | 6.35 Bn | 5.89 Bn | 239.00 Mn |
| 10 | Ingram Micro Holding | 6.29 Bn | 1.70 Bn | 996.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 143.10 Mn |
| Jun 30, 2026 | 147.30 Mn |
| Mar 31, 2026 | 149.70 Mn |
| Dec 31, 2025 | 157.80 Mn |
| Sep 30, 2025 | 128.80 Mn |
| Jun 30, 2025 | 136.30 Mn |
| Mar 31, 2025 | 140.60 Mn |
| Dec 31, 2024 | 149.10 Mn |
| Sep 30, 2024 | 158.70 Mn |
| Jun 30, 2024 | 161.70 Mn |
| Mar 31, 2024 | 167.50 Mn |
| Dec 31, 2023 | 164.00 Mn |
| Sep 30, 2023 | 168.80 Mn |
| Jun 30, 2023 | 173.60 Mn |
| Mar 31, 2023 | 171.00 Mn |
| Dec 31, 2022 | 175.20 Mn |
| Sep 30, 2022 | 180.00 Mn |
| Jun 30, 2022 | 179.30 Mn |
| Mar 31, 2022 | 190.60 Mn |
| Dec 31, 2021 | 184.20 Mn |
API Access
Cdw Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=CDW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "CDW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=CDW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();