Connection Q3 net sales fall 2.2% to $709.1 million; net income down 8.6%
Connection reported third-quarter 2025 net sales of $709.1 million, down 2.2% from a year earlier, while gross profit rose 2.4% to a record $138.6 million. Net income fell 8.6% to $24.7 million, or $0.97 per diluted share, compared with $1.02 a year earlier. The Board also declared a quarterly dividend of $0.15 per share.
Key points
- Net sales $709.1 million, down 2.2% year over year; gross margin rose 90 basis points to 19.6%
- Net income $24.7 million, or $0.97 per diluted share, versus $27.1 million, or $1.02, in Q3 2024
- Gross profit a record $138.6 million, up 2.4%; Public Sector Solutions net sales fell 24.3% to $132.5 million
- Quarterly dividend of $0.15 per share, payable November 28, 2025, to holders of record on November 11, 2025
The filing
Written by AI on Nov 8, 2026, 1:55 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 October 29, 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.