Operating Income for CDW (CDW)
According to CDW's latest reported financial statements, the company's current operating income (TTM) is $1.66B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
CDW
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$1.66B
YoY change
+0.3%
5Y CAGR
+7.0%
Peak year (2022)
$1.74B
Cumulative operating income
$17.75B
Operating Income history chart for CDW (CDW) from 1993 to 2025
Operating Income history table for CDW (CDW) from 1993 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $1.66B | +0.3% | ||
| 2024 | $1.65B | -1.8% | ||
| 2023 | $1.68B | -3.1% | ||
| 2022 | $1.74B | +22.3% | ||
| 2021 | $1.42B | +20.3% | ||
| 2020 | $1.18B | +4.0% | ||
| 2019 | $1.13B | +14.8% | ||
| 2018 | $987.30M | +13.9% | ||
| 2017 | $866.50M | +5.7% | ||
| 2016 | $820.00M | +10.5% | ||
| 2015 | $742.00M | +10.3% | ||
| 2014 | $673.00M | +32.3% | ||
| 2013 | $508.60M | -0.4% | ||
| 2012 | $510.60M | +8.5% | ||
| 2011 | $470.70M | +33.5% | ||
| 2010 | $352.70M | -1205.6% | ||
| 2009 | -$31.90M | -97.7% | ||
| 2008 | -$1.39B | — | ||
| 2006 | $396.40M | -5.5% | ||
| 2005 | $419.63M | +6.8% | ||
| 2004 | $392.76M | +38.1% | ||
| 2003 | $284.46M | -4.6% | ||
| 2002 | $298.18M | +11.2% | ||
| 2001 | $268.20M | +3.3% | ||
| 2000 | $259.61M | +64.4% | ||
| 1999 | $157.91M | +50.9% | ||
| 1998 | $104.64M | +30.0% | ||
| 1997 | $80.49M | +50.2% | ||
| 1996 | $53.60M | +73.5% | ||
| 1995 | $30.90M | +59.3% | ||
| 1994 | $19.40M | +56.5% | ||
| 1993 | $12.40M | — |
Operating Income values are taken from CDW's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, CDW (CDW) operating income totalled $1.66B – edged up 0.3% year-over-year.
Across 2020–2025 (5 years), CDW operating income produced a CAGR of +7.0% – with the latest reading among the more recent periods of the dataset.
Between 2022 and 2025, CDW operating income edged down 4.6%, falling from $1.74B to $1.66B.
Across the available history, operating income reached its high of $1.74B in 2022 and its low of -$1.39B in 2008.
Among 8 Technology peers, CDW (CDW) ranks 9th; the peer median for operating income is $77.01B.
CDW Operating Income by Year
CDW Operating Income 2025: $1.66B
CDW operating income in 2025 was $1.66B, edged up 0.3% from 2024.
CDW Operating Income 2024: $1.65B
CDW operating income in 2024 was $1.65B, edged down 1.8% below 2023.
CDW Operating Income 2023: $1.68B
CDW operating income in 2023 was $1.68B, edged down 3.1% below 2022.
CDW Operating Income 2022: $1.74B
CDW operating income in 2022 was $1.74B, grew 22.3% from 2021. This figure represents the highest annual value in the available history.
CDW Operating Income 2021: $1.42B
CDW operating income in 2021 was $1.42B.
See more financial history for CDW (CDW).
Sector peers — Operating Income
Companies in the same sector as CDW, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.96T | Technology |
| Apple Inc. (AAPL) | $133.05B | Technology |
| NVIDIA Corporation (NVDA) | $130.39B | Technology |
| Microsoft Corporation (MSFT) | $128.53B | Technology |
| Broadcom Inc. (AVGO) | $25.48B | Technology |
| ASML Holding N.V. (ASML) | $11.30B | Technology |
| Micron Technology, Inc. (MU) | $9.87B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $3.69B | Technology |
Frequently asked questions
What is CDW's operating income?
- Latest reported operating income for CDW (CDW) is $1.66B (period ending December 31, 2025).
How has CDW operating income changed year-over-year?
- CDW (CDW) operating income changed +0.3% year-over-year on the latest annual filing.
What is the long-term growth rate of CDW operating income?
- CDW (CDW) operating income compound annual growth rate is +7.0% over the most recent 5 years available.
When did CDW operating income hit its highest annual value?
- CDW operating income reached its highest annual value of $1.74B in 2022.
What was CDW operating income in 2024?
- CDW (CDW) operating income in 2024 was $1.65B.
What was CDW operating income in 2025?
- CDW (CDW) operating income in 2025 was $1.66B.
Metrics overview
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