Cdw (CDW) Shares Outstanding (2009 - 2026)
Cdw's Shares Outstanding was 127 million in Q2 2026, down 3.5% from 131.6 million a year earlier and down 1.6% from the prior quarter.
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Analysis
Cdw (CDW) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025, Shares Outstanding at Cdw came in at 131.3 million, down 1.9% from FY2024.
- Shares Outstanding has now declined for 11 consecutive years, with a five-year compound annual growth rate of -1.6% (FY2020 to FY2025).
- In earlier years, Shares Outstanding was 133.8 million in FY2024 (-0.6%), 134.6 million in FY2023 (-0.4%), 135.2 million in FY2022 (-2.4%) and 138.5 million in FY2021 (-2.9%).
- The Q2 2026 figure marks the lowest quarterly Shares Outstanding in data going back to Q4 2010.
- Compared with a year earlier, Shares Outstanding has declined for 13 straight quarters, with an average decline of 1.8% over the last eight quarters.
- The best year-over-year quarter for Shares Outstanding over five years was Q1 2023 (growth of 0.5%); the worst was Q1 2022 (a decline of 4.4%).
- Per Business Quant data, CDW's Shares Outstanding in the three quarters before Q2 2026 was 129 million (Q1 2026), 131.3 million (Q4 2025) and 131 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 51.06 Bn | 16.35 Bn | 1.60 Bn | 4.11 Bn |
| 2 | Cognizant Technology Solutions | 29.12 Bn | 23.09 Bn | 1.91 Bn | 450.00 Mn |
| 3 | Cdw | 21.17 Bn | 18.07 Bn | 1.39 Bn | 125.10 Mn |
| 4 | Td Synnex | 18.55 Bn | 12.71 Bn | 1.43 Bn | 79.21 Mn |
| 5 | Cgi | 18.36 Bn | 16.16 Bn | - | 222.69 Mn |
| 6 | Arrow Electronics | 9.82 Bn | 8.84 Bn | 1.16 Bn | 50.95 Mn |
| 7 | EPAM Systems | 8.35 Bn | 4.26 Bn | 445.94 Mn | 51.43 Mn |
| 8 | Avnet | 7.00 Bn | 6.12 Bn | 1.07 Bn | 82.27 Mn |
| 9 | ExlService Holdings | 6.69 Bn | 5.49 Bn | 241.14 Mn | 151.78 Mn |
| 10 | Ingram Micro Holding | 6.46 Bn | 1.87 Bn | 996.93 Mn | 231.04 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 125.10 Mn |
| Jun 30, 2026 | 127.00 Mn |
| Mar 31, 2026 | 129.00 Mn |
| Dec 31, 2025 | 131.30 Mn |
| Sep 30, 2025 | 131.00 Mn |
| Jun 30, 2025 | 131.60 Mn |
| Mar 31, 2025 | 132.50 Mn |
| Dec 31, 2024 | 133.80 Mn |
| Sep 30, 2024 | 133.50 Mn |
| Jun 30, 2024 | 134.10 Mn |
| Mar 31, 2024 | 134.40 Mn |
| Dec 31, 2023 | 134.60 Mn |
| Sep 30, 2023 | 134.10 Mn |
| Jun 30, 2023 | 134.60 Mn |
| Mar 31, 2023 | 135.60 Mn |
| Dec 31, 2022 | 135.20 Mn |
| Sep 30, 2022 | 135.30 Mn |
| Jun 30, 2022 | 135.20 Mn |
| Mar 31, 2022 | 134.90 Mn |
| Dec 31, 2021 | 138.50 Mn |
API Access
Cdw Shares Outstanding 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=shares-outstanding&ticker=CDW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=CDW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();