CDW (CDW) Revenue — Quarter Ended Dec 31, 2023
Revenue declined from the prior quarter and from the same quarter a year earlier. The drop was steeper sequentially than on an annual basis.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue declined from the prior quarter and from the same quarter a year earlier. The drop was steeper sequentially than on an annual basis.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5B
Revenue reported for this quarter.
Quarter-over-quarter
-10.8%
Change from the immediately preceding quarter.
Year-over-year
-7.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$21.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $5.1B | -14.2% |
| Jun 30, 2023 | $5.6B | -8.5% |
| Sep 30, 2023 | $5.6B | -9.4% |
| Dec 31, 2023 | $5B | -7.7% |
Revenue performance
Reported revenue for the quarter decreased compared to the immediately preceding quarter.
Quarterly comparison
Revenue was also lower than in the same quarter one year ago. The sequential decline was larger than the year-over-year decline.
What to watch
Revenue in the trailing twelve months declined from the full-year trend, reflecting ongoing quarterly decreases.