CDW Reports Strong Q3 2026 Results Driven by AI and Infrastructure Demand
CDW Corporation reported robust third-quarter 2026 financial results, highlighted by an 18% increase in net sales to $6.8 billion. The growth was primarily fueled by record quarterly hardware and software sales, as enterprise customers ramp up investments in infrastructure modernization and artificial intelligence adoption. Despite a slight compression in gross margin due to a higher mix of low-margin hardware projects, the company achieved significant earnings growth. The company demonstrated strength across multiple segments, with commercial revenue rising 21% and international revenue jumping 26%. Following the $525 million acquisition of Lovelytics, CDW has expanded its cloud and AI service capabilities. Management expressed confidence in the market outlook by raising full-year non-GAAP EPS guidance to a low double-digit growth range and increasing their expected outperformance relative to the U.S. IT addressable market.
Tickers: $CDW
Topics: AI Adoption EPS Gross Profit Hardware Revenue Net Sales Software Revenue