Cdw annual operating expenses
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Cdw Operating Expenses Growth & History (CDW)
Cdw's operating expenses was $3.22B for fiscal 2025.
View full Cdw company overviewCdw annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $3.22B | $266.7M | +9.04% |
| 2024 | 2024-12-31 | $2.95B | −$20.4M | −0.69% |
| 2023 | 2023-12-31 | $2.97B | $20.1M | +0.68% |
| 2022 | 2022-12-31 | $2.95B | $801.9M | +37.31% |
| 2021 | 2021-12-31 | $2.15B | $118.6M | +5.84% |
| 2020 | 2020-12-31 | $2.03B | $124.6M | +6.54% |
| 2019 | 2019-12-31 | $1.91B | $186.7M | +10.86% |
| 2018 | 2018-12-31 | $1.72B | $135.9M | +8.58% |
| 2017 | 2017-12-31 | $1.58B | $75.4M | +5.00% |
| 2016 | 2016-12-31 | $1.51B | $134.5M | +9.79% |
| 2015 | 2015-12-31 | $1.37B | $125.5M | +10.05% |
| 2014 | 2014-12-31 | $1.25B | −$3.4M | −0.27% |
| 2013 | 2013-12-31 | $1.25B | $92.7M | +8.00% |
| 2012 | 2012-12-31 | $1.16B | $46.2M | +4.15% |
| 2011 | 2011-12-31 | $1.11B | $74.7M | +7.20% |
| 2010 | 2010-12-31 | $1.04B | −$126.7M | −10.88% |
| 2009 | 2009-12-31 | $1.16B | — | — |
Cdw quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $891.2M | $70.2M | +8.55% |
| Q1 2026 | 2026-03-31 | $814.0M | $53.1M | +6.98% |
| Q4 2025 | 2025-12-31 | $823.7M | $77.0M | +10.31% |
| Q3 2025 | 2025-09-30 | $812.2M | $93.1M | +12.95% |
| Q2 2025 | 2025-06-30 | $821.0M | $71.0M | +9.47% |
| Q1 2025 | 2025-03-31 | $760.9M | $25.6M | +3.48% |
| Q4 2024 | 2024-12-31 | $746.7M | $27.9M | +3.88% |
| Q3 2024 | 2024-09-30 | $719.1M | −$30.2M | −4.03% |
| Q2 2024 | 2024-06-30 | $750.0M | −$19.3M | −2.51% |
| Q1 2024 | 2024-03-31 | $735.3M | $1.2M | +0.16% |
| Q4 2023 | 2023-12-31 | $718.8M | −$15.7M | −2.14% |
| Q3 2023 | 2023-09-30 | $749.3M | −$17.5M | −2.28% |
| Q2 2023 | 2023-06-30 | $769.3M | $36.4M | +4.97% |
| Q1 2023 | 2023-03-31 | $734.1M | $16.9M | +2.36% |
| Q4 2022 | 2022-12-31 | $734.5M | $98.2M | +15.43% |
| Q3 2022 | 2022-09-30 | $766.8M | $238.3M | +45.09% |
| Q2 2022 | 2022-06-30 | $732.9M | $220.0M | +42.89% |
| Q1 2022 | 2022-03-31 | $717.2M | $245.4M | +52.01% |
| Q4 2021 | 2021-12-31 | $636.3M | $87.6M | +15.97% |
| Q3 2021 | 2021-09-30 | $528.5M | $20.8M | +4.10% |
| Q2 2021 | 2021-06-30 | $512.9M | $49.1M | +10.59% |
| Q1 2021 | 2021-03-31 | $471.8M | −$38.9M | −7.62% |
| Q4 2020 | 2020-12-31 | $548.7M | $55.0M | +11.14% |
| Q3 2020 | 2020-09-30 | $507.7M | $11.8M | +2.38% |
| Q2 2020 | 2020-06-30 | $463.8M | −$9.7M | −2.05% |
| Q1 2020 | 2020-03-31 | $510.7M | $67.5M | +15.23% |
| Q4 2019 | 2019-12-31 | $493.7M | $42.8M | +9.49% |
| Q3 2019 | 2019-09-30 | $495.9M | $57.1M | +13.01% |
| Q2 2019 | 2019-06-30 | $473.5M | $43.4M | +10.09% |
| Q1 2019 | 2019-03-31 | $443.2M | $43.4M | +10.86% |
| Q4 2018 | 2018-12-31 | $450.9M | $58.3M | +14.85% |
| Q3 2018 | 2018-09-30 | $438.8M | $40.6M | +10.20% |
| Q2 2018 | 2018-06-30 | $430.1M | $20.1M | +4.90% |
| Q1 2018 | 2018-03-31 | $399.8M | $17.0M | +4.44% |
| Q4 2017 | 2017-12-31 | $392.6M | $11.9M | +3.13% |
| Q3 2017 | 2017-09-30 | $398.2M | $21.4M | +5.68% |
| Q2 2017 | 2017-06-30 | $410.0M | $23.0M | +5.94% |
| Q1 2017 | 2017-03-31 | $382.8M | $19.3M | +5.31% |
| Q4 2016 | 2016-12-31 | $380.7M | $3.0M | +0.79% |
| Q3 2016 | 2016-09-30 | $376.8M | $14.2M | +3.92% |
| Q2 2016 | 2016-06-30 | $387.0M | $58.4M | +17.77% |
| Q1 2016 | 2016-03-31 | $363.5M | $58.6M | +19.22% |
| Q4 2015 | 2015-12-31 | $377.7M | $50.1M | +15.29% |
| Q3 2015 | 2015-09-30 | $362.6M | $40.0M | +12.40% |
| Q2 2015 | 2015-06-30 | $328.6M | $19.9M | +6.45% |
| Q1 2015 | 2015-03-31 | $304.9M | $15.5M | +5.36% |
| Q4 2014 | 2014-12-31 | $327.6M | $21.3M | +6.95% |
| Q3 2014 | 2014-09-30 | $322.6M | −$42.9M | −11.74% |
| Q2 2014 | 2014-06-30 | $308.7M | $10.7M | +3.59% |
| Q1 2014 | 2014-03-31 | $289.4M | $7.5M | +2.66% |
| Q4 2013 | 2013-12-31 | $306.3M | $11.8M | +4.01% |
| Q3 2013 | 2013-09-30 | $365.5M | $72.5M | +24.74% |
| Q2 2013 | 2013-06-30 | $298.0M | $7.5M | +2.58% |
| Q1 2013 | 2013-03-31 | $281.9M | $900,000 | +0.32% |
| Q4 2012 | 2012-12-31 | $294.5M | −$6.7M | −2.22% |
| Q3 2012 | 2012-09-30 | $293.0M | $12.7M | +4.53% |
| Q2 2012 | 2012-06-30 | $290.5M | $17.9M | +6.57% |
| Q1 2012 | 2012-03-31 | $281.0M | $22.3M | +8.62% |
| Q4 2011 | 2011-12-31 | $301.2M | — | — |
| Q3 2011 | 2011-09-30 | $280.3M | $16.5M | +6.25% |
| Q2 2011 | 2011-06-30 | $272.6M | $8.3M | +3.14% |
| Q1 2011 | 2011-03-31 | $258.7M | — | — |
| Q3 2010 | 2010-09-30 | $263.8M | — | — |
| Q2 2010 | 2010-06-30 | $264.3M | — | — |
Cdw operating expenses trends
Over the last five fiscal years, Cdw's operating expenses increased from $2.03B to $3.22B, a change of $1.19B. The latest reported quarter, Q2 2026, shows $891.2M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Cdw source filings ↗