Connection Q2 net sales rise 12.4% to $854.0 million; diluted EPS $1.31 vs $0.97
Connection, formally PC Connection, Inc., reported second-quarter 2026 net sales of $854.0 million, up 12.4% from a year earlier, and net income of $33.2 million, up 33.8%. Diluted EPS was $1.31 compared with $0.97, and the filing gives no revised full-year guidance. The board also declared a quarterly cash dividend of $0.20 per share, while operating cash flow for the quarter was negative $63.8 million.
Key points
- Q2 2026 net sales of $854.0 million, up 12.4% year over year; net income of $33.2 million, or $1.31 per diluted share, versus $0.97 a year earlier
- Gross margin of 18.4%, up 30 basis points; Business Solutions gross margin fell 50 basis points to 23.0%
- Quarterly dividend of $0.20 per share, payable August 28, 2026, to shareholders of record on August 11, 2026
- Cash and short-term investments of $340.7 million at June 30, 2026, compared with $406.7 million at December 31, 2025
The filing
Written by AI on Nov 8, 2026, 1:54 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 July 29, 2026.
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.