CDW Corp CDW Revenue Breakdown

NASDAQ CDW
$157.00 -1.39 (-0.88%)
At close: Nov 6, 2026 · 4:00 PM EST
Annual revenue breakdowns for Cdw, fiscal 2010 to 2025, as reported in its filings.
Annual history

Cdw Revenue by Product & Service

Years FY 2010–2025
Lines 9
FY 2025 Total $22.42B

Notebooks/Mobile Devices was Cdw’s largest product and service line in fiscal 2025, bringing in $5.64B of $22.42B (25%).

Cdw revenue by product and service, fiscal 2010 to 2025
Product and Service FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Notebooks/Mobile Devices $6.18B $4.69B $5.09B $5.64B
Other Hardware $3.02B $2.61B $2.58B $2.50B
Software $3.68B $3.80B $3.80B $4.20B
Data Storage & Servers $2.48B $2.24B $2.13B $2.15B
Collaboration $2.39B $1.91B $1.77B $1.76B
Netcomm Products $2.73B $3.19B $2.54B $2.69B
Desktops $1.28B $1.07B $1.11B $1.33B
Services $1.84B $1.76B $1.87B $2.04B
Other $130.80M $112.80M $107.90M $114.80M
Total $23.75B $21.38B $21.00B $22.42B
Totals include 2 discontinued lines from earlier reporting.

Cdw revenue by product and service: what the figures show

Cdw brought in $22.42B from its nine product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 6.8% from $21.00B in fiscal 2024. Notebooks/Mobile Devices was the largest at $5.64B (25.1%), ahead of Software at $4.20B (18.7%) and Netcomm Products at $2.69B (12.0%). The other six lines brought in $9.90B combined.

Compared with fiscal 2024, Desktops grew fastest, up 19.9% to $1.33B, while Other Hardware fell the most, down 2.8% to $2.50B. From fiscal 2022 to 2025, combined revenue from these lines fell from $23.75B to $22.42B, a compound annual decline of 1.9%. Notebooks/Mobile Devices' share of the total fell from 26.0% to 25.1%.

Annual history

Cdw Revenue by Contract with Customer, Sales Channel

Years FY 2016–2025
Lines 6
FY 2025 Total $22.42B

Corporate was Cdw’s largest revenue line in fiscal 2025, bringing in $9.44B of $22.42B (42%).

Cdw revenue by contract with customer, sales channel, fiscal 2016 to 2025
Contract with Customer, Sales Channel FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Corporate $10.35B $8.96B $8.84B $9.44B
Education $3.62B $3.30B $3.17B $3.11B
Other $2.91B $2.55B $2.48B $2.72B
Government $2.57B $2.67B $2.49B $2.59B
Healthcare $2.36B $2.34B $2.50B $2.84B
Small Business $1.94B $1.56B $1.52B $1.73B
Total $23.75B $21.38B $21.00B $22.42B

Cdw revenue by contract with customer, sales channel: what the figures show

Cdw brought in $22.42B from its six revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 6.8% from $21.00B in fiscal 2024. Corporate was the largest at $9.44B (42.1%), ahead of Education at $3.11B (13.9%) and Healthcare at $2.84B (12.6%). The other three revenue lines brought in $7.04B combined.

Compared with fiscal 2024, Small Business grew fastest, up 13.3% to $1.73B, while Education fell the most, down 1.8% to $3.11B. From fiscal 2022 to 2025, combined revenue from these revenue lines fell from $23.75B to $22.42B, a compound annual decline of 1.9%. Corporate's share of the total fell from 43.6% to 42.1%.

Annual history

Cdw Revenue by Segment

Years FY 2010–2025
Lines 4
FY 2025 Total $22.42B

Corporate was Cdw’s largest segment in fiscal 2025, bringing in $9.44B of $22.42B (42%).

Cdw revenue by segment, fiscal 2010 to 2025
Segment FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Corporate $10.35B $8.96B $8.84B $9.44B
Public $8.55B $8.31B $8.16B $8.54B
Other $2.91B $2.55B $2.48B $2.72B
Small Business $1.94B $1.56B $1.52B $1.73B
Total $23.75B $21.38B $21.00B $22.42B
Totals include 2 discontinued lines from earlier reporting.

Cdw revenue by segment: what the figures show

Cdw brought in $22.42B from its four segments in fiscal 2025, the year ended December 31, 2025. That was up 6.8% from $21.00B in fiscal 2024. Corporate was the largest at $9.44B (42.1%), ahead of Public at $8.54B (38.1%) and Other at $2.72B (12.1%). The remaining segment, Small Business, brought in $1.73B.

Compared with fiscal 2024, Small Business grew fastest, up 13.3% to $1.73B. Every segment above 2% of revenue grew. From fiscal 2022 to 2025, combined revenue from these segments fell from $23.75B to $22.42B, a compound annual decline of 1.9%. Corporate's share of the total fell from 43.6% to 42.1%.

Questions

Cdw Revenue Breakdown FAQ

How does Cdw make money?

Cdw (CDW) reports its revenue by product and service, by contract with customer, sales channel and by segment. In fiscal 2025, Notebooks/Mobile Devices was its largest product and service line, bringing in $5.64B (25.1% of the total), followed by Software at $4.20B (18.7%).

What is Cdw's largest product and service line?

Notebooks/Mobile Devices was Cdw's largest product and service line in fiscal 2025, bringing in $5.64B, or 25.1% of the $22.42B total across its nine product and service lines.

What is Cdw's largest revenue line?

Corporate was Cdw's largest revenue line in fiscal 2025, bringing in $9.44B, or 42.1% of the $22.42B total across its six revenue lines.

What is Cdw's largest segment?

Corporate was Cdw's largest segment in fiscal 2025, bringing in $9.44B, or 42.1% of the $22.42B total across its four segments.

Which Cdw product and service line is growing the fastest?

Among Cdw's product and service lines that make up at least 2% of revenue, Desktops grew fastest in fiscal 2025, up 19.9% from $1.11B to $1.33B.

Where does this revenue breakdown data come from?

Every figure comes from Cdw's annual financial filings, as reported. Each line keeps the name Cdw gives it, and years follow its fiscal calendar.

How far back does Cdw's revenue breakdown go?

Cdw's revenue by product and service goes back to fiscal 2010, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.