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Companies / Information Technology / PC Connection Inc.
CNXN

PC Connection Inc.

Ticker CNXNMERRIMACK, NHFiscal year ends DecemberBook value per share $38.69Diluted shares 25.4M

PC Connection (Nasdaq: CNXN) is an IT solutions provider that supplies hardware, software, cloud offerings, and services to businesses, government agencies, and educational institutions. Its products span computers and peripherals, servers and storage, networking, security, and AI infrastructure; services include IT… From the company’s description.

Over the twelve months to Sep 30, 2026, PC Connection Inc. reported revenue of $3.15B, up 9.5% from a year earlier, and net income of $102.56M. Its operating margin was 4.1%, and operations used $12.40M in cash. In fiscal 2025, it reported revenue of $2.87B, up 2.5% from fiscal 2024, and net income of $83.72M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$2.87BFY2025
+2.5% year over year
Last 12 mo $3.15B
3.46%FY2025
No change, year over year
Last 12 mo 4.05%
$83.72MFY2025
−3.9% year over year
Last 12 mo $102.56M
9.69%FY2025
+0.1 percentage points
Last 12 mo 10.45%
Cash & financing
$65.44MFY2025
−62.4% year over year
Last 12 mo $-12.40M
$58.05MFY2025
−65.1% year over year
Last 12 mo $-20.58M
—
25.6MFY2025
−3.3% year over year
Last 12 mo 25.4M

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 PC Connection Inc. does

In the company’s own words

PC Connection (Nasdaq: CNXN) is an IT solutions provider that supplies hardware, software, cloud offerings, and services to businesses, government agencies, and educational institutions. Its products span computers and peripherals, servers and storage, networking, security, and AI infrastructure; services include IT design, configuration, integration, deployment, managed services, and technical support. The company sells through account managers, field and inside sales, and e-commerce, and serves customers ranging from small and midsize businesses to large enterprises and public-sector organizations. Its three operating segments are Enterprise Solutions, serving larger corporate customers and representing 44% of 2025 net sales; Business Solutions, serving small and midsize businesses and representing 38%; and Public Sector Solutions, serving government and education customers and representing 18%. Connection offers more than 460,000 products from over 1,600 suppliers and operates a 268,000-square-foot technology integration and distribution center. It employed 2,525 people as of December 31, 2025. Its brands include Connection, GovConnection, MacConnection, and CNXN Helix. Its website is www.connection.com.

Company details
Sector
Information Technology
Industry (SIC)
Wholesale
Headquarters
MERRIMACK, NH
Fiscal year end
December
CIK
1050377
SIC
5045

Financial performance, year by year

Fiscal 2011–2025 · USD
$-315.31M$630.62M$1.58B$2.52B$3.47B201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The 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.

Ownership

Who owns PC Connection Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

263
funds hold it
0 of 35
superinvestors hold it
$425.37M
held by funds, at market
24.3%
of shares held by funds

Largest fund holders · PC Connection Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.04%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.03%of fund net assets
U.S. SMALL CAP VALUE PORTFOLIO
DFSVX · DFA INVESTMENT DIMENSIONS GROUP INC
—of fund net assets
—of fund net assets

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”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do PC Connection Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of PC Connection Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in PC Connection Inc.'s last four quarterly filings that the numbers alone won't show?”
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