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AI English summary of an SEC filing — figures as filed

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CDW said net sales in the third quarter of Q3 2025 were $5,737 million, an increase of 4.0% compared to $5,517 million in the third quarter of Q3 2024. There were 64 selling days for both periods, and net sales on a constant currency basis increased 3.8%.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. CDW said net sales in the third quarter of Q3 2025 were $5,737 million, an increase of 4.0% compared to $5,517 million in the third quarter of Q3 2024. There were 64 selling days for both periods, and net sales on a constant currency basis increased 3.8%.

  2. The company said operating income in the third quarter of Q3 2025 was $443 million, a decrease of 8.0% compared to $482 million in the prior year quarter. Operating income margin was 7.7% compared to 8.7% in the prior year quarter, and selling and administrative expenses increased 12.9% to $812 million.

  3. CDW said net income in the third quarter of Q3 2025 was $291 million, a decrease of 8.0% compared to $316 million in the prior year quarter. Diluted net income per share was $2.21, compared to $2.34 in the prior year, and non-GAAP diluted net income per share was $2.71, compared to $2.63 in the prior year.

  4. The company said its Board of Directors declared a quarterly cash dividend of $0.630 per common share, to be paid on December 10, 2025 to stockholders of record as of the close of business on November 25, 2025.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Third Quarter Q3 2025 Net Sales $5,737 million, Up 4.0% from Prior Year

CDW said net sales in the third quarter of Q3 2025 were $5,737 million, an increase of 4.0% compared to $5,517 million in the third quarter of Q3 2024. There were 64 selling days for both periods, and net sales on a constant currency basis increased 3.8%.

Source · Based on the filing body and exhibits

Third Quarter Q3 Operating Income $443 million, Operating Margin 7.7%

The company said operating income in the third quarter of Q3 2025 was $443 million, a decrease of 8.0% compared to $482 million in the prior year quarter. Operating income margin was 7.7% compared to 8.7% in the prior year quarter, and selling and administrative expenses increased 12.9% to $812 million.

Source · Based on the filing body and exhibits

Third Quarter Q3 Diluted EPS $2.21, Non-GAAP $2.71

CDW said net income in the third quarter of Q3 2025 was $291 million, a decrease of 8.0% compared to $316 million in the prior year quarter. Diluted net income per share was $2.21, compared to $2.34 in the prior year, and non-GAAP diluted net income per share was $2.71, compared to $2.63 in the prior year.

Source · Based on the filing body and exhibits

Quarterly Cash Dividend of $0.630 Per Share Declared

The company said its Board of Directors declared a quarterly cash dividend of $0.630 per common share, to be paid on December 10, 2025 to stockholders of record as of the close of business on November 25, 2025.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.