Full-Time
Posted on 9/24/2025
Sells hardware, software, and IT services
$92k - $128k/bi-wk
Mississauga, ON, Canada
In Person
Bachelor's
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CDW provides technology products and services to businesses. It sells hardware, software, networking, and cloud solutions, and also offers consulting, configuration, deployment, and managed services to implement and optimize IT systems. Its product work is delivered through a broad inventory, fast shipping, and custom configurations, often bundled with services from leading technology providers like Apple, Lenovo, and Tripp Lite to create integrated solutions. CDW differentiates itself with one of the largest inventories in the industry, enabling quick responses and customized configurations, plus end-to-end support from procurement to deployment. The company's goal is to help businesses of all sizes optimize their technology infrastructure so they can operate efficiently and reliably in a fast-paced digital environment.
Company Size
10,001+
Company Stage
IPO
Headquarters
Vernon Hills, Illinois
Founded
1984
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Performance Bonus
CDW Corporation reported record quarterly net sales and earnings per share in Q2 2026, driven by strong demand for AI readiness and infrastructure modernisation among large enterprise customers. Hardware revenue grew 10% thanks to a "full stack" approach embedding AI in servers, storage, and networking solutions. International operations delivered standout performance with 23% growth, led by record results in Canada and continued momentum in the UK. The company offset constrained Higher Education funding with double-digit growth in Corporate and Federal Government segments. CDW expects full-year 2026 US IT market growth in the mid-single digits and projects it will outperform the market by 200 to 300 basis points. The firm's "Geared for Growth" initiative is expected to deliver $100 million to $200 million in savings. CFO Al Miralles announced his planned retirement in 2027, with a formal successor search underway.
CDW Corporation reported record second-quarter results for 2026, with net sales rising 10% to $6.6 billion and non-GAAP earnings per share increasing 12% to $2.91. The technology solutions provider attributed growth to infrastructure modernisation, AI readiness, and security demand. Government sales increased 14%, whilst international sales jumped 23%, led by record performance in Canada. Hardware revenue grew 10%, with servers, storage, and networking posting double-digit gains. Software revenue also rose by low double digits. Chief executive Chris Leahy described AI as a multiyear opportunity spanning infrastructure, security, data integration, and lifecycle services. However, gross margins declined 70 basis points to 20.1% due to product and customer mix. CDW raised its 2026 outlook, expecting to outperform the US IT market by 200-300 basis points. Chief financial officer Al Morales announced plans to retire in 2027.
CDW reported Q2 CY2026 results that exceeded Wall Street expectations, with revenue rising 10% year-on-year to $6.57 billion, beating analyst estimates of $6.25 billion. The IT solutions provider's non-GAAP profit of $2.91 per share surpassed consensus estimates of $2.80. Despite the positive results, the company's stock dropped 12.3%. CDW's operating margin remained flat at 6.5% compared to the same quarter last year. Over the past five years, CDW has posted 3.6% annualised revenue growth. However, sell-side analysts project revenue to remain flat over the next 12 months, a slowdown from recent performance.
CDW to oversee tournament-wide IT infrastructure at the 2027 Ryder Cup. CDW will design, deploy and manage the tournament's complete IT ecosystem, encompassing secure wired and wireless networking, cybersecurity, connectivity, on-site technical support and live operational services. August 5, 2026 CDW has been named the official IT services supplier of the Ryder Cup 2027, deepening its partnership with one of golf's most prestigious events as the technology solutions provider takes responsibility for delivering the tournament's end-to-end IT infrastructure. The appointment builds on CDW's successful involvement at the Ryder Cup 2023 in Rome and will see the company oversee the technology platform for the 2027 edition, scheduled to be held at Adare Manor in Limerick, Ireland, from September 13-19, 2027. The agreement further strengthens CDW's growing footprint in global sport, where enterprise technology has become increasingly critical to the delivery of major international events. As official IT services supplier, CDW will design, deploy and manage the tournament's complete IT ecosystem, encompassing secure wired and wireless networking, cybersecurity, connectivity, on-site technical support and live operational services. The infrastructure will underpin every aspect of the event, enabling seamless operations for players, officials, broadcasters, media, volunteers and spectators while supporting the global broadcast and digital experience. Speaking about the announcement, Penny Williams, Managing Director, CDW UK & International, said, "Being named the Official IT Services Supplier of the 2027 Ryder Cup is a tremendous moment for CDW and for the suppliers we will be working alongside. In Rome in 2023 we showed what is possible when you combine best-in-class technology with deep services capability; in 2027 we are going further, taking prime responsibility for the entire technology platform that allows the event to run securely, reliably and at full global broadcast scale. It is a privilege to support the Ryder Cup organisation again, and a powerful demonstration of the end-to-end delivery model our customers rely on every day." Richard Atkinson, Chief Ryder Cup Officer at the European Tour Group, added, "The Ryder Cup sets a benchmark for live sporting experience, and the technology behind it has to be every bit as world-class as the competition on the course. For 2027 we needed a supplier capable of taking end-to-end accountability for the IT infrastructure, from deployment of the network and security centre design, through live operations, to post-event recovery, and doing it at the scale and resilience this event demands. CDW has the engineering depth, the integration expertise and the operational discipline to deliver exactly that, and we are delighted to be extending our relationship for 2027." The partnership highlights the growing strategic importance of technology providers within the sports industry, as organisers increasingly rely on resilient digital infrastructure to support tournament operations, cybersecurity, broadcast production and fan engagement. For CDW, the agreement adds another flagship event to its expanding sports portfolio, which also includes serving as the official IT equipment services and solutions provider for the LA28 Olympic and Paralympic Games and Team USA. With preparations now underway for the 2027 Ryder Cup, Ryder Cup Europe and the PGA of America have entrusted CDW with delivering the technology backbone for an event that attracts hundreds of thousands of spectators on-site and a global television audience, reinforcing the company's credentials as a trusted partner for mission-critical sporting events.
CDW (NASDAQ:CDW) shares gap down - Here's what happened. August 5, 2026 Key points. * CDW shares plunged at the open, falling from a previous close of $154.00 to $115.45 before recovering to around $132.83, as investors reacted to quarterly results and profitability concerns. * CDW's second-quarter revenue rose 10% to $6.57 billion and adjusted EPS reached $2.91, beating estimates, while broad-based demand and AI infrastructure spending prompted the company to raise its full-year outlook. * Margin pressure and weaker cash flow overshadowed the earnings beat. Gross margin declined to 20.1%, free cash flow fell to $278.4 million, and management warned that margins may remain below 2025 levels as sales shift toward lower-margin infrastructure projects. * MarketBeat previews the top five stocks to own by September 1st. CDW Corporation (NASDAQ:CDW - Get Free Report)'s stock price gapped down prior to trading on Wednesday. The stock had previously closed at $154.00, but opened at $115.45. CDW shares last traded at $132.83, with a volume of 1,799,802 shares trading hands. CDW news roundup. Here are the key news stories impacting CDW this week: * Positive Sentiment: Q2 results exceeded expectations. Revenue increased 10% year over year to $6.57 billion, ahead of the $6.21 billion consensus estimate, while adjusted EPS of $2.91 surpassed expectations of $2.80 and rose from $2.60 a year earlier. CDW Q2 Earnings and Sales Beat * Positive Sentiment: Demand remained broad-based. Commercial sales grew 9.2%, government sales increased 13.6%, and international sales rose 22.9%, with AI and infrastructure spending supporting growth. Management raised its full-year outlook to mid-single-digit gross-profit growth and adjusted EPS growth at the high end of the high-single-digit range. CDW Q2 Revenue Rises 10 Percent * Positive Sentiment: Shareholder returns continue. CDW declared a quarterly dividend of $0.630 per share, payable September 10 to shareholders of record on August 25. CDW Declares Quarterly Cash Dividend * Neutral Sentiment: Chief Financial Officer Albert J. Miralles announced plans to retire, initiating a leadership transition. The change may increase near-term uncertainty, although no immediate operational impact was reported. CDW CFO Retirement and Leadership Transition * Negative Sentiment: Margins missed expectations. Gross-profit margin fell to 20.1% from 20.8%, gross profit grew only 6.3%, and operating income increased 2.0% - well below the pace of revenue growth. Management indicated that margins could remain below 2025 levels as sales shift toward larger, lower-margin infrastructure projects and suggested gross profit may be roughly flat sequentially in the third quarter. CDW Shares Fall on Margin Miss * Negative Sentiment: Cash conversion weakened. First-half adjusted free cash flow declined to $278.4 million from $458.9 million a year earlier, reflecting increased inventory and working-capital investment. Investors appear more focused on the durability of earnings quality and profitability than on the headline beat. Wall Street analyst weigh in. A number of brokerages have recently weighed in on CDW. Citigroup boosted their target price on CDW from $123.00 to $145.00 and gave the stock a "neutral" rating in a research note on Monday, July 13th. JPMorgan Chase & Co. raised CDW from a "neutral" rating to an "overweight" rating and set a $130.00 price objective on the stock in a research report on Wednesday, May 27th. Royal Bank Of Canada upgraded CDW to an "outperform" rating and set a $130.00 price objective for the company in a research note on Wednesday, May 27th. Raymond James Financial set a $150.00 target price on CDW in a research report on Wednesday, May 6th. Finally, Weiss Ratings upgraded CDW from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Thursday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $146.88. Discover more American Consumer News Cryptocurrency News MarketBeat Portfolio Tools CDW stock performance. The company's 50 day moving average price is $134.75 and its 200-day moving average price is $127.52. The company has a debt-to-equity ratio of 1.81, a quick ratio of 1.06 and a current ratio of 1.16. The company has a market cap of $17.46 billion, a PE ratio of 16.62, a price-to-earnings-growth ratio of 1.96 and a beta of 0.96. CDW (NASDAQ:CDW - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The information technology services provider reported $2.91 EPS for the quarter, topping analysts' consensus estimates of $2.80 by $0.11. CDW had a net margin of 4.70% and a return on equity of 49.67%. The company had revenue of $6.57 billion for the quarter, compared to analysts' expectations of $6.21 billion. During the same quarter in the previous year, the firm posted $2.60 EPS. CDW's revenue was up 10.0% on a year-over-year basis. Equities research analysts anticipate that CDW Corporation will post 10.21 earnings per share for the current fiscal year. Insider transactions at CDW. In other news, Director David W. Nelms bought 18,000 shares of the stock in a transaction on Wednesday, May 27th. The shares were purchased at an average cost of $111.43 per share, for a total transaction of $2,005,740.00. Following the completion of the purchase, the director directly owned 51,025 shares in the company, valued at $5,685,715.75. This represents a 54.50% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.82% of the stock is owned by corporate insiders. Institutional investors weigh in on CDW. Several large investors have recently added to or reduced their stakes in CDW. Hollencrest Capital Management lifted its holdings in shares of CDW by 909.1% in the 1st quarter. Hollencrest Capital Management now owns 222 shares of the information technology services provider's stock worth $27,000 after acquiring an additional 200 shares during the last quarter. Allied Private Wealth LLC bought a new stake in CDW during the 2nd quarter valued at $28,000. Root Financial Partners LLC boosted its position in CDW by 54.7% during the 1st quarter. Root Financial Partners LLC now owns 263 shares of the information technology services provider's stock valued at $32,000 after buying an additional 93 shares during the period. Covestor Ltd boosted its position in CDW by 53.4% during the 4th quarter. Covestor Ltd now owns 741 shares of the information technology services provider's stock valued at $101,000 after buying an additional 258 shares during the period. Finally, Brown Brothers Harriman & Co. grew its holdings in CDW by 38.6% in the 4th quarter. Brown Brothers Harriman & Co. now owns 912 shares of the information technology services provider's stock worth $124,000 after acquiring an additional 254 shares during the last quarter. Institutional investors own 93.15% of the company's stock. About CDW. CDW NASDAQ: CDW is a leading provider of information technology products and integrated solutions for business, government, education and healthcare customers. The company sources and resells hardware and software from major technology vendors and packages those products with professional services, managed services and lifecycle support. Its offerings span IT infrastructure, cloud and data center solutions, cybersecurity, networking, unified communications, endpoint devices, and software licensing and procurement services designed to simplify IT operations for customers. CDW combines a broad product portfolio with consultative sales, implementation and technical support capabilities. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Continue following MarketBeat Before you consider CDW, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. 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