Electrical Equipment
Price
$133.37
-3.64%Market Cap
$17.04B
Day High
$139.30
Day Low
$133.12
CDW delivered solid Q1 FY2026 revenue growth of 9.2% to $5.68B, driven by strong top-line momentum, though gross and operating margins compressed modestly as cost of revenue grew faster than sales.
Key risk: Gross Margin Erosion from Product Mix Shift
CDW's gross margin fell from 21.6% to 21.0% as cost of revenue grew faster than net sales. If the company continues to shift toward lower-margin hardware or large enterprise deals, profitability could face sustained pressure even with strong top-line growth.