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AI brief of an SEC Form 8-K · CDW (CDW)

CDW Q3 net sales rise 4.0% to $5.7 billion; GAAP net income falls 8.0%

Mixed Impact 3 of 5 earnings Written later

CDW reported third quarter 2025 results on November 4, 2025. Net sales rose 4.0% to $5.7 billion, but operating income fell 8.0% to $443 million and GAAP diluted earnings per share fell 5.8% to $2.21. The board also declared a quarterly dividend of $0.630 per share.

Key points

  • Net sales were $5,737 million versus $5,517 million a year earlier; Corporate rose 4.4%, Small Business 14.2%, and Public 0.6%.
  • Operating income was $443 million, down 8.0%; gross profit margin was 21.9% versus 21.8%.
  • Non-GAAP diluted EPS rose 3.0% to $2.71 from $2.63; GAAP diluted EPS was $2.21 versus $2.34.
  • Dividend of $0.630 per share is payable December 10, 2025 to holders of record as of November 25, 2025.

The filing

CompanyCDW (CDW)
Form8-K, current report
Filed with the SECNov 4, 2025, 7:03 AM ET
Accession number0001402057-25-000191

Items reported: 2.02 Results of Operations8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.