CDW Corp (CDW)

CDW Corporation is a leading multi-brand provider of information technology (IT) solutions to business, government, education, and healthcare customers in the United States, the United Kingdom and Canada. It is a Fortune 500 company and a member of the S&P 500 Index. Its offerings range from discrete hardware and software products to integrated IT solutions and services spanning on-premise, hybrid and cloud environments. The company positions itself as vendor, technology and consumption model unbiased. It acts as a sales channel partner for OEMs, software publishers, cloud providers and wholesale distributors, helping customers with design, selection, procurement, integration and management of technology.

Net sales in 2025 were $22.4 billion, of which hardware was about 71.6% (notebooks/mobile devices, netcomm products, collaboration, data storage and servers, desktops and other hardware), software about 18.7% and services about 9.1%. Services include advisory and design, software development, implementation, managed services and warranties. Integrated solutions are organized around hybrid infrastructure, digital experience, security and digital velocity, the last covering digital transformation, custom software engineering and talent orchestration. In 2025 CDW had three reportable segments: Corporate (US private sector customers with more than 250 employees), Small (US private sector customers with up to 250 employees) and Public (US government agencies and education and healthcare institutions). CDW UK and CDW Canada are grouped in an "Other" category. Effective January 1, 2026, the company realigned into Commercial, Government and Education segments, with UK and Canada unchanged.

CDW serves over 250,000 customers through sales teams focused on specific end-markets, supported by specialists and engineers, and has about 10,500 customer-facing coworkers. The US business is about 90% of Net sales and has five customer channels (corporate, small business, government, education and healthcare), each generating $1.7 billion or more in 2025. The UK and Canada together generated $2.7 billion. The company can provide integrated solutions in approximately 150 countries for customers based in the US, UK and Canada, markets it describes as large, growing and highly fragmented.

CDW offers more than 100,000 products and services from more than 1,000 vendor partners, including Adobe, Apple, Amazon Web Services, Cisco, Dell Technologies, Google, HP Inc., IBM, Lenovo, Microsoft, Nvidia and Palo Alto Networks. Each of its three largest vendor partners accounted for over $2.0 billion of 2025 Net sales. It also buys from wholesale distributors. The company operates two distribution centers in North America and one in the UK, totaling over 1 million square feet and shipping about 22 million units a year. Drop-shipment arrangements represented about 51% of North America Net sales in 2025. Competitors include resellers, manufacturers selling directly, service providers and system integrators, cloud providers, hyperscaler marketplaces, e-commerce companies, office supply retailers, and smaller regional value-added resellers. CDW has about 14,800 coworkers, 11,200 in the US, and runs customized IT systems, including a new ERP system implemented in 2025. Its website is www.cdw.com.