Pc Connection (CNXN) Operating Margin (2010 - 2026)

Pc Connection's (CNXN) quarterly Operating Margin came in at 2.8% in Q1 2026, up 73.0% year-on-year from 1.62% in Q1 2025, and down 16.54% quarter-over-quarter from 3.36% in Q4 2025.

Pc Connection (CNXN) Operating Margin (2010 - 2026) Analysis & Trends

Pc Connection has disclosed Operating Margin across 17 years of filings, most recently posting 2.8% for Q1 2026.

  • Operating Margin for Q1 2026 came in at 2.8%, up 73.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.63% (up 21.0% YoY), and the FY2025 annual result was 3.46%, down 1.0% from the prior year.
  • Operating Margin came in at 2.8% for Q1 2026 at Pc Connection, down from 3.36% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 4.62% in Q3 2023 to a low of 2.07% in Q1 2025.
  • The 5-year median for Operating Margin is 3.82% (2022), against an average of 3.54%.
  • Across the five-year window, Operating Margin jumped 161 bps in 2022 and plunged 133 bps in 2023, its largest moves.
  • Pc Connection's Operating Margin stood at 3.26% in 2022, then grew by 23 bps to 4.01% in 2023, then fell by 20 bps to 3.19% in 2024, then climbed by 5 bps to 3.36% in 2025, then slipped by 17 bps to 2.8% in 2026.
  • The last three Operating Margin figures came in at 2.8% (Q1 2026), 3.36% (Q4 2025), and 4.27% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Td Synnex 22.21 Bn 20.64 Bn 1.25 Bn 2.85%
2 Arrow Electronics 11.40 Bn 11.19 Bn 1.09 Bn 3.82%
3 Avnet 7.25 Bn 7.04 Bn 739.06 Mn 2.89%
4 Insight Enterprises 3.40 Bn 2.96 Bn 462.15 Mn 3.37%
5 Pc Connection 1.80 Bn 1.39 Bn 132.74 Mn 2.80%
6 Scansource 1.08 Bn 954.90 Mn 107.12 Mn 3.02%
7 Climb Global Solutions 422.06 Mn 380.29 Mn 26.50 Mn 2.13%
8 Iczoom 5.33 Mn -3.05 Mn - -
9 Surge Components - - 2.41 Mn -1.93%

Historic Data

Download Data
DateValue
Mar 31, 2026 2.80%
Dec 31, 2025 3.36%
Sep 30, 2025 4.27%
Jun 30, 2025 4.07%
Mar 31, 2025 2.07%
Dec 31, 2024 3.19%
Sep 30, 2024 4.15%
Jun 30, 2024 4.20%
Mar 31, 2024 2.13%
Dec 31, 2023 4.01%
Sep 30, 2023 4.62%
Jun 30, 2023 3.42%
Mar 31, 2023 2.49%
Dec 31, 2022 3.26%
Sep 30, 2022 4.09%
Jun 30, 2022 4.20%
Mar 31, 2022 3.82%
Dec 31, 2021 3.91%
Sep 30, 2021 3.64%
Jun 30, 2021 3.37%