CD
CDW
Year ended Dec 31, 2024 · FY2025 10-K

CDW (CDW) 10-K Summary — Year Ended Dec 31, 2024

CDW Corporation filed its annual report showing a slight decline in revenue. The company reported positive operating income, net income, and operating cash flow, and continued share repurchase activity.

Key takeaway

Year ended Dec 31, 2024 · FY2025 10-K

CDW Corporation filed its annual report showing a slight decline in revenue. The company reported positive operating income, net income, and operating cash flow, and continued share repurchase activity.

Financial snapshot

Selected annual figures reported with the filing, shown separately from the narrative summary.

Annual revenue

$21B

Revenue reported for the fiscal year.

Operating income

$1.7B

Income from operations reported for the year.

Net income

$1.1B

Net income reported for the year.

Operating cash flow

$1.3B

Cash generated by operating activities.

Annual revenue trend

Reported annual revenue and its change from the preceding fiscal year.

Period endedRevenueYear-over-year change
Dec 31, 2021$20.8Bn/a
Dec 31, 2022$23.7B+14.1%
Dec 31, 2023$21.4B-10.0%
Dec 31, 2024$21B-1.8%

Business overview

The filing's Business overview section only lists cross-references to other items and does not provide a description of the company's business operations.

Financial performance

Revenue decreased compared to the prior year. The company reported positive operating income, net income, and operating cash flow for the period.

Material risks

The supplied filing context does not contain specific risk factor descriptions; it only references the Risk Factors item.

Liquidity and capital

The company repurchased shares during the period and had a remaining authorized amount for future repurchases. After the period end, the board authorized an additional increase to the share repurchase program.

What to watch

Monitor whether revenue stabilizes or continues its downward trend in the next filing.