CDW (CDW) Revenue — Quarter Ended Sep 30, 2024
Revenue rose sequentially but fell compared to the same quarter a year ago. The sequential growth contrasts with the annual decline, reflecting mixed near-term demand trends.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue rose sequentially but fell compared to the same quarter a year ago. The sequential growth contrasts with the annual decline, reflecting mixed near-term demand trends.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.5B
Revenue reported for this quarter.
Quarter-over-quarter
+1.7%
Change from the immediately preceding quarter.
Year-over-year
-2.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$20.8B
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 |
|---|---|---|
| Dec 31, 2023 | $5B | -7.7% |
| Mar 31, 2024 | $4.9B | -4.5% |
| Jun 30, 2024 | $5.4B | -3.6% |
| Sep 30, 2024 | $5.5B | -2.0% |
Revenue performance
Compared to the immediately preceding quarter, revenue increased slightly. However, versus the same quarter one year earlier, revenue decreased.
Quarterly comparison
The year-over-year decline has lessened over each of the last four quarters, with the current quarter's drop being the smallest.
What to watch
The year-over-year revenue decline, although narrowing, remains a key metric to monitor.