Pc Connection (CNXN) Operating Margin (2010 - 2026)
Pc Connection (CNXN) recorded Operating Margin of 5.04% in Q2 2026, up 0.97 percentage points from 4.07% a year earlier and up 2.23 percentage points from the prior quarter.
Pc Connection (CNXN) Operating Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Pc Connection's Operating Margin came in at 3.92% as of Jun 30, 2026, up 0.53 percentage points year-over-year; for FY2025, it was 3.46%, down 0.01 percentage points from FY2024.
- Annual Operating Margin has declined for three straight years, though with a five-year change of +0.67 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at 3.46% in FY2024 (-0.15 pp), 3.62% in FY2023 (-0.24 pp), 3.86% in FY2022 (+0.52 pp) and 3.34% in FY2021 (+0.55 pp).
- The Q2 2026 figure is the highest quarterly Operating Margin in data going back to Q2 2010.
- On a year-over-year basis, Operating Margin has increased for four consecutive quarters, with an average year-over-year change of +0.06 percentage points over the last eight quarters.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 1.61 percentage points in Q1 2022, against a drop of 1.33 percentage points in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 2.80% (Q1 2026), 3.36% (Q4 2025) and 4.27% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 42.66 Bn | 42.72 Bn | 1.60 Bn | 21.09% |
| 2 | Cognizant Technology Solutions | 25.65 Bn | 18.82 Bn | 1.83 Bn | 15.95% |
| 3 | Td Synnex | 20.51 Bn | 14.54 Bn | 1.34 Bn | 2.65% |
| 4 | Cdw | 16.33 Bn | 14.32 Bn | 1.32 Bn | 6.52% |
| 5 | Cgi | 15.07 Bn | 12.85 Bn | - | - |
| 6 | Arrow Electronics | 11.72 Bn | 10.75 Bn | 1.13 Bn | 3.78% |
| 7 | Avnet | 8.33 Bn | 7.51 Bn | 865.03 Mn | 2.79% |
| 8 | Ingram Micro Holding | 6.23 Bn | 1.84 Bn | 958.68 Mn | 1.62% |
| 9 | EPAM Systems | 5.55 Bn | 1.19 Bn | 429.57 Mn | 10.76% |
| 10 | Pc Connection | 2.26 Bn | 705.84 Mn | 157.47 Mn | 5.04% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.04% |
| 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% |
Pc Connection Operating Margin 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-margin&ticker=CNXN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "CNXN", "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-margin&ticker=CNXN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();