FINHUB Insights

CDW · Q3 FY25 · Jul 1 – Sep 30, 2025

CDW Q3 FY25: where the revenue came from and where it went

CDW Q3 FY25: revenue $5.7B (+4% year over year). Net profit $0.29B. Largest cohort Notebooks mobile devices $1.4B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jul 1 – Sep 30, 2025
Reported
Nov 4, 2025 10-Q
Sankey diagram of CDW's income statement for Q3 FY25: revenue of $5.74 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$5.74B +4% year over year
Gross profit$1.26B 22% margin
Operating profit$0.44B 8% margin
Net profit$0.29B 5% margin

The numbers

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
ItemValueShare of revenueYear over year
Revenue 5.74 100% +4%
Notebooks mobile devices 1.43 25% +5%
Software products 1.09 19% +4%
Netcomm products 0.74 13% +10%
Other hardware 0.65 11% −1%
Services 0.53 9% +9%
Data storage & servers 0.47 8% −7%
Collaboration 0.45 8% −2%
Other 0.37 7%
Cost of revenue−4.4878%
Gross profit1.2622% margin+0pp
SG&A−0.8114%+1pp
Operating profit0.448% margin−1pp
Tax−0.10
Interest & other costs−0.05
Net profit0.295%−1pp

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.