CDW | 8-K: FY2025 Q3 Revenue Misses Estimate at USD 5.737 B

LB filings
2025.11.04 12:08
portai
I'm PortAI, I can summarize articles.

Revenue: As of FY2025 Q3, the actual value is USD 5.737 B, missing the estimate of USD 5.749 B.

EPS: As of FY2025 Q3, the actual value is USD 2.21, beating the estimate of USD 2.2053.

EBIT: As of FY2025 Q3, the actual value is USD 388.3 M.

Segment Revenue

  • Corporate Segment: Net sales of $2,255 million in Q3 2025, a 4.4% increase from Q3 2024.
  • Small Business Segment: Net sales of $434 million in Q3 2025, a 14.2% increase from Q3 2024.
  • Public Segment: Net sales of $2,350 million in Q3 2025, a 0.6% increase from Q3 2024, driven by increased sales to Government and Healthcare customers.
  • Other (UK and Canadian operations): Net sales of $698 million in Q3 2025, a 9.1% increase from Q3 2024.

Operational Metrics

  • Net Income: $291 million in Q3 2025, a decrease of 8.0% from Q3 2024.
  • Gross Profit: $1,256 million in Q3 2025, a 4.6% increase from Q3 2024.
  • Operating Income: $443 million in Q3 2025, a decrease of 8.0% from Q3 2024.
  • Operating Income Margin: 7.7% in Q3 2025 compared to 8.7% in Q3 2024.
  • Non-GAAP Operating Income: $531 million in Q3 2025, a decrease of 0.6% from Q3 2024.

Cash Flow

  • Net Cash Provided by Operating Activities: $771.4 million for the nine months ended September 30, 2025, compared to $932.0 million for the same period in 2024.
  • Free Cash Flow: $692.2 million for the nine months ended September 30, 2025, compared to $838.0 million for the same period in 2024.
  • Adjusted Free Cash Flow: $668.0 million for the nine months ended September 30, 2025, compared to $764.1 million for the same period in 2024.

Unique Metrics

  • Average Daily Sales: $89.6 million in Q3 2025, a 4.0% increase from Q3 2024.

Outlook / Guidance

CDW Corporation aims to exceed US IT market growth by 200 to 300 basis points on a constant currency basis. The company remains focused on optimizing cash flow generation through disciplined working capital management and returning value to shareholders. CDW plans to maintain its focus on meeting the evolving needs of its global customer base and remaining the partner of choice for leading and emerging technology brands.

Source: LB filings The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.