Q2 FY2026 EarningsCDW delivered a solid beat in Q2 FY26, with revenue of $6,572M exceeding the $6,206M consensus (+5.9%) and Non-GAAP EPS of $2.91 beating the $2.80 expectation (+4.0%). While gross margins were slightly pressured due to hardware mix (20.1% vs. 21.1% consensus), strong performance in the Government and 'Other' (UK/Canada) segments offset education sector softness. Management reaffirmed their outlook to exceed US IT market growth by 200-300 bps, signaling continued demand for AI-enabled infrastructure.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: CDW(CDW) the Revenue is 6.572 B (+9.97%), Beat estimate;the EBIT is 556 M (+6.98%), Beat estimate;the EPS is 2.15 (+4.88%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
6.57B9.97%
6.21B3.84%
+0.37B6.13%
EBITExceed expectations
0.56B6.98%
0.55B4.90%
+0.01B2.08%
EPSMiss expectations
2.154.88%
2.380216.11%
-0.230211.23%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf