CDW Corporation
CDW Corporation (NASDAQ: CDW) is a Fortune 500 information technology solutions provider serving business, government, education, and healthcare customers across the United States, United Kingdom, and Canada. The company operates through its website at www.cdw.com and functions as a leading multi-brand IT channel… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What CDW Corporation does
In the company’s own words
CDW Corporation (NASDAQ: CDW) is a Fortune 500 information technology solutions provider serving business, government, education, and healthcare customers across the United States, United Kingdom, and Canada. The company operates through its website at www.cdw.com and functions as a leading multi-brand IT channel partner, offering over 100,000 products and services from more than 1,000 vendor partners including major technology companies such as Adobe, Apple, Cisco, Dell Technologies, Google, Hewlett Packard Enterprise, IBM, Lenovo, Microsoft, and Nvidia.
CDW generates revenue across three primary product categories: hardware representing approximately 72 percent of net sales, software at 19 percent, and services at nine percent. The company serves over 250,000 customers and operates through five dedicated customer channels in the US—corporate, small business, government, education, and healthcare—each generating $1.7 billion or greater in annual net sales. International operations in the UK and Canada contributed $2.7 billion in combined net sales. Total net sales reached $22.4 billion in 2025.
The company maintains approximately 14,800 coworkers globally, with 11,200 in the United States and 3,600 in international locations. CDW operates two distribution centers in North America and one in the UK, collectively providing over one million square feet of space and handling approximately 22 million units annually. The company leverages drop-shipment arrangements representing roughly 51 percent of North America net sales, enabling efficient product delivery without maintaining all inventory physically.
CDW's competitive positioning derives from its scale, vendor relationships, technical expertise, and integrated solutions capabilities spanning hybrid infrastructure, digital experience, security, and digital velocity services. The company provides customers with advisory and design services, software development, implementation, managed services, and warranties. As of January 1, 2026, CDW realigned its organizational structure into three reportable segments: Commercial, Government, and Education, with international operations remaining separate. The company's vendor-agnostic approach and deep end-market specialization enable it to serve as a trusted technology adviser across diverse customer segments and geographies.
Company details
- Sector
- Information Technology
- Industry (SIC)
- Catalog Retail
- Headquarters
- VERNON HILLS, IL
- Fiscal year end
- December
- CIK
- 1402057
- SIC
- 5961
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns CDW Corporation — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Superinvestors in CDW Corporation · what they did last quarter
Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.
Largest fund holders · CDW Corporation’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
Compare this company with peers, find it in your funds and follow its financial history with your connected AI:
- “How do CDW Corporation and its peers compare on margins and cash generation over ten years?”
- “Where did five years of CDW Corporation's earnings go — cash, debt, buybacks, reinvestment?”
- “What changed in CDW Corporation's last four quarterly filings that the numbers alone won't show?”
