CDW Corporation (CDW) Revenue by Segment

CDW revenue by segment at a glance

In Q2 fiscal 2026 (the quarter ended June 30, 2026), CDW's largest business segment was Commercial, with $3.97 billion or 60% of revenue, up 9.2% from a year earlier. Next: Education (14%), Government (13%) and All other segments (13%).

By product or service, Notebooks.Mobile Devices brought in 27%, Software Products brought in 17% and Data Storage and Servers brought in 13% of revenue in Q2 fiscal 2026.

By region, United States brought in 87% and Non-US brought in 13% of revenue in Q2 fiscal 2026.

The fastest-growing business segment from a year earlier was All other segments (+22.9%).

From company filings, in USD; latest quarter ended June 30, 2026; quarterly data from Q1 fiscal 2017.

CDW Corporation

CDWTechnology

United States

Technology

Revenue breakdown

Fiscal quarters, from company filings

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

Corporate Segment: Private Sector BusinessPublic Segment: Government Agencies, Education and HealthcareAll other segmentsCommercialSmall BusinessEducationOther OperatingGovernment

Q2 FY26 breakdown

Fiscal quarter ended Jun 30, 2026

Item	Revenue	Share	vs year before
Commercial	USD 3.97B	60.3%	+9.2%
Education	USD 933.10M	14.2%	+0.7%
Government	USD 848.00M	12.9%	+13.6%
All other segments	USD 825.70M	12.6%	+22.9%

Sum of items USD 6.57B. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19	Q4 FY18	Q3 FY18	Q2 FY18	Q1 FY18	Q4 FY17	Q3 FY17	Q2 FY17	Q1 FY17
Corporate Segment: Private Sector Business	–	–	2.4B	2.3B	–	–	2.3B	2.2B	2.2B	2.1B	2.3B	2.2B	2.2B	2.2B	2.5B	2.6B	2.7B	2.6B	2.3B	2.1B	2.0B	1.8B	1.7B	1.7B	1.6B	1.9B	2.0B	1.9B	1.9B	1.7B	1.8B	1.7B	1.7B	1.6B	1.6B	1.6B	1.6B	1.4B
Public Segment: Government Agencies, Education and Healthcare	–	–	2.0B	2.3B	–	–	1.9B	2.3B	2.2B	1.7B	1.8B	2.4B	2.3B	1.8B	1.9B	2.4B	2.2B	2.0B	2.0B	2.2B	2.1B	1.9B	2.3B	2.3B	2.0B	1.5B	1.6B	2.1B	1.8B	1.3B	1.4B	1.9B	1.6B	1.2B	1.4B	1.7B	1.6B	1.2B
All other segments	825.7M	802.5M	668.9M	698.4M	672.1M	680.4M	607.1M	640.0M	602.0M	631.2M	587.2M	601.3M	689.8M	675.2M	679.6M	722.2M	742.1M	764.5M	698.7M	611.7M	599.5M	677.5M	575.7M	465.6M	484.0M	561.4M	587.3M	507.1M	528.5M	535.4M	461.7M	–	–	–	–	–	–	–
Commercial	4.0B	3.6B	–	–	3.6B	3.3B	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Small Business	–	–	457.0M	433.8M	–	–	380.0M	379.7M	382.9M	380.9M	370.0M	378.4M	396.2M	411.4M	423.7M	491.2M	500.0M	524.0M	487.4M	467.1M	482.9M	432.7M	366.5M	337.0M	302.1M	391.5M	391.1M	386.2M	377.4M	355.6M	362.5M	340.0M	329.5M	327.6M	308.1M	305.4M	315.0M	292.0M
Education	933.1M	675.0M	–	–	926.6M	658.5M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Other Operating	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	451.6M	487.4M	483.0M	418.6M	381.1M	363.8M	369.7M
Government	848.0M	632.9M	–	–	746.6M	604.9M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

CDW revenue by business segment, last 4 quarters

Business segment	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Commercial	$4.0B	$3.6B	–	$3.6B	60%
Education	$933.1M	$675.0M	–	$926.6M	14%
Government	$848.0M	$632.9M	–	$746.6M	13%
All other segments	$825.7M	$802.5M	$698.4M	$672.1M	13%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

CDW revenue by product or service, last 4 quarters

Product or service	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Notebooks.Mobile Devices	$1.8B	$1.4B	$1.4B	$1.6B	27%
Software Products	$1.1B	$1.1B	$1.1B	$990.2M	17%
Data Storage and Servers	$844.8M	$687.2M	$469.9M	$641.2M	13%
NetComm Products	$829.9M	$675.3M	$735.8M	$740.0M	13%
Other Hardware	$634.0M	$578.8M	$653.1M	$653.8M	10%
Services	$520.7M	$480.5M	$525.6M	$515.2M	8%
Collaboration	$472.5M	$431.3M	$453.3M	$466.9M	7%
Desktops	$372.3M	$332.3M	$343.2M	$363.0M	6%
Other Products and Services	$32.2M	$29.5M	$29.7M	$29.2M	under 1%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

CDW revenue by region, last 4 quarters

Region	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
United States	$5.7B	$4.9B	$5.0B	$5.3B	87%
Non-US	$839.4M	$818.9M	$714.2M	$698.0M	13%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Questions and answers

What are CDW's business segments?

Commercial, Education, Government and All other segments (as reported for Q2 fiscal 2026).

Which business segment makes the most money for CDW?

Commercial: $3.97 billion, or 60% of revenue, in Q2 fiscal 2026.

What are CDW's main products and services?

By revenue in Q2 fiscal 2026: Notebooks.Mobile Devices (27%), Software Products (17%), Data Storage and Servers (13%) and NetComm Products (13%).

Where does CDW make its money?

By region in Q2 fiscal 2026: United States (87%) and Non-US (13%).

MoreCDW stock overview CDW financials CDW executive team CDW shareholders

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

Corporate Segment: Private Sector BusinessPublic Segment: Government Agencies, Education and HealthcareAll other segmentsCommercialSmall BusinessEducationOther OperatingGovernment

Q2 FY26 breakdown

Fiscal quarter ended Jun 30, 2026

Item	Revenue	Share	vs year before
Commercial	USD 3.97B	60.3%	+9.2%
Education	USD 933.10M	14.2%	+0.7%
Government	USD 848.00M	12.9%	+13.6%
All other segments	USD 825.70M	12.6%	+22.9%

Sum of items USD 6.57B. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19	Q4 FY18	Q3 FY18	Q2 FY18	Q1 FY18	Q4 FY17	Q3 FY17	Q2 FY17	Q1 FY17
Corporate Segment: Private Sector Business	–	–	2.4B	2.3B	–	–	2.3B	2.2B	2.2B	2.1B	2.3B	2.2B	2.2B	2.2B	2.5B	2.6B	2.7B	2.6B	2.3B	2.1B	2.0B	1.8B	1.7B	1.7B	1.6B	1.9B	2.0B	1.9B	1.9B	1.7B	1.8B	1.7B	1.7B	1.6B	1.6B	1.6B	1.6B	1.4B
Public Segment: Government Agencies, Education and Healthcare	–	–	2.0B	2.3B	–	–	1.9B	2.3B	2.2B	1.7B	1.8B	2.4B	2.3B	1.8B	1.9B	2.4B	2.2B	2.0B	2.0B	2.2B	2.1B	1.9B	2.3B	2.3B	2.0B	1.5B	1.6B	2.1B	1.8B	1.3B	1.4B	1.9B	1.6B	1.2B	1.4B	1.7B	1.6B	1.2B
All other segments	825.7M	802.5M	668.9M	698.4M	672.1M	680.4M	607.1M	640.0M	602.0M	631.2M	587.2M	601.3M	689.8M	675.2M	679.6M	722.2M	742.1M	764.5M	698.7M	611.7M	599.5M	677.5M	575.7M	465.6M	484.0M	561.4M	587.3M	507.1M	528.5M	535.4M	461.7M	–	–	–	–	–	–	–
Commercial	4.0B	3.6B	–	–	3.6B	3.3B	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Small Business	–	–	457.0M	433.8M	–	–	380.0M	379.7M	382.9M	380.9M	370.0M	378.4M	396.2M	411.4M	423.7M	491.2M	500.0M	524.0M	487.4M	467.1M	482.9M	432.7M	366.5M	337.0M	302.1M	391.5M	391.1M	386.2M	377.4M	355.6M	362.5M	340.0M	329.5M	327.6M	308.1M	305.4M	315.0M	292.0M
Education	933.1M	675.0M	–	–	926.6M	658.5M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Other Operating	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	451.6M	487.4M	483.0M	418.6M	381.1M	363.8M	369.7M
Government	848.0M	632.9M	–	–	746.6M	604.9M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–