AI English summary of an SEC filing — figures as filed
The company said it realigned its customer-facing sales organization effective January 1, 2026, giving it three reportable segments: Commercial, Government and Education. CDW UK and CDW Canada will remain unchanged under the all other category, "Other."
Key points
AI summaryThe company said it realigned its customer-facing sales organization effective January 1, 2026, giving it three reportable segments: Commercial, Government and Education. CDW UK and CDW Canada will remain unchanged under the all other category, "Other."
CDW said the supplemental information recasts unaudited historical financial information to the new segment structure. It said the information does not affect, amend or restate previously reported consolidated financial statements.
The company said it updated its methodology for allocating headquarters function costs, separating costs that directly support the operating segments from enterprise-wide costs. The updated methodology was applied to historical periods, adjusting the amount of operating expense retained by Headquarters.
The company presented recast segment data for the 3 months ended December 31, 2025, showing Commercial net sales of $3,450.0 million and operating income of $384.9 million, total net sales of $5,511.0 million and operating income of $430.7 million. Headquarters reported an operating loss of $(94.7) million.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Realignment into 3 reportable segments from January 1, 2026
The company said it realigned its customer-facing sales organization effective January 1, 2026, giving it three reportable segments: Commercial, Government and Education. CDW UK and CDW Canada will remain unchanged under the all other category, "Other."
Source · Based on the filing body and exhibits
Historical figures recast; consolidated financials unchanged
CDW said the supplemental information recasts unaudited historical financial information to the new segment structure. It said the information does not affect, amend or restate previously reported consolidated financial statements.
Source · Based on the filing body and exhibits
Change in headquarters cost allocation method
The company said it updated its methodology for allocating headquarters function costs, separating costs that directly support the operating segments from enterprise-wide costs. The updated methodology was applied to historical periods, adjusting the amount of operating expense retained by Headquarters.
Source · Based on the filing body and exhibits
Net sales and operating income by segment for Q4 2025
The company presented recast segment data for the 3 months ended December 31, 2025, showing Commercial net sales of $3,450.0 million and operating income of $384.9 million, total net sales of $5,511.0 million and operating income of $430.7 million. Headquarters reported an operating loss of $(94.7) million.
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.
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