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CDW CORP FY 2025 10-K, explained in plain English

CDW ยท 10-K for the period ending December 31, 2025, filed February 20, 2026 ยท Read the original on SEC.gov โ†’

Key financials โ€” as reported

Total revenue$22.4B
Gross margin21.7%
Operating income$1.7B
Net income$1.1B
Diluted EPS$8.08
Cash & equivalents$618.7M
Total assets$16.0B
Long-term debt$4.6B

Key takeaway

CDW reported $22.4 billion in revenue and $1.07 billion in net income for fiscal 2025.

๐Ÿ”’ 4 more takeaways in the full analysis

Beneath the surface

Total debt of $5.66 billion versus only $618.7 million cash implies a net debt position of roughly $5.04 billion, far more leveraged than the headline cash figure alone suggests.

๐Ÿ”’ 4 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 8 more findings โ€” plus insider trades, activist stakes, and 8-K events for CDW.

Read the full analysis free Free account ยท 5 full analyses included ยท no card required