The earnings call highlighted solid performance in net sales and gross profit, with strong contributions from small business and services. However, challenges persist with declines in operating income and the education market, compounded by the impact of the federal government shutdown and a complex market environment.
Company Guidance
During the CDW Third Quarter 2025 Earnings Call, guidance was provided for the remainder of the fiscal year. CDW expects U.S. IT market growth to be in the low single digits on a customer spend basis, with CDW aiming to outperform the market by 200 to 300 basis points. The company maintained its outlook for low- to mid-single-digit gross profit growth for the full year, with gross margins expected to remain roughly consistent with 2024 levels. Non-GAAP net income per diluted share is projected to grow in the low single digits year-over-year. The call also highlighted conservative assumptions due to the recent government shutdown, with cautious expectations for the Government and Education segments, potential funding shortfalls in health care, and general economic uncertainty. Despite these challenges, CDW remains focused on executing its strategy, leveraging its diverse portfolio, and enhancing customer outcomes.
Net Sales Growth
Consolidated net sales were $5.7 billion, up 4% from last year.
Gross Profit Increase
Gross profit was $1.3 billion, up 5%, with a gross margin of 21.9%.
Small Business Performance
Small Business delivered double-digit growth in top line and gross profit, powered by cloud and client device solutions.
Services Growth
Services were up 9% in top line, contributing 9% of total CDW top line, with strong performance in professional and managed services.
International Operations
U.K. and Canadian operations increased net sales by 9%, with profitability growing faster than net sales.
CDW (DE:CDW) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DE:CDW Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 04, 2025
€134.10
€121.70
-9.25%
Aug 06, 2025
€141.97
€141.42
-0.39%
May 07, 2025
€142.97
€153.00
+7.01%
Feb 05, 2025
€189.50
€195.73
+3.29%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does CDW (DE:CDW) report earnings?
CDW (DE:CDW) is schdueled to report earning on Feb 11, 2026, TBA (Confirmed).
What is CDW (DE:CDW) earnings time?
CDW (DE:CDW) earnings time is at Feb 11, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.