---
schema_version: "secwatch.filing_event.v1"
accession: "0001402057-22-000082"
form_type: "8-K"
ticker: "CDW"
cik: "0001402057"
company_name: "CDW Corp"
filed_at: "2022-05-04T23:59:59+00:00"
generated_at: "2026-06-26T00:33:26.387585+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CDW Q1 net sales $5.95B (+23% YoY); non-GAAP EPS $2.20 (+26.6%)

## Summary
- Net sales record $5.95B (+23% YoY); GAAP EPS $1.83 (+12.6%); non-GAAP EPS $2.20 (+26.6%).
- Gross margin improved to 18.6% (vs 16.4% in Q1 2021) on favorable mix and higher services.
- Corporate segment net sales up 45.5%; Public +5.8%; Small Business +21.1%; Other (UK/Canada) +12.8%.
- Quarterly dividend of $0.50/share declared; payable June 10, 2022 to holders of record May 25, 2022.
- CFO reiterated target to reduce net leverage to 2.5-3.0x by end of 2022 using cash flow after dividends.

## SEC filing metadata
- accession: 0001402057-22-000082
- form_type: 8-K
- ticker: CDW
- cik: 0001402057
- company_name: CDW Corp
- filed_at: 2022-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1402057/000140205722000082/0001402057-22-000082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1402057/000140205722000082/cdw-20220504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001402057-22-000082
- JSON: https://secwatch.observer/filing/0001402057-22-000082.json
- Plain text: https://secwatch.observer/filing/0001402057-22-000082.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.