---
schema_version: "secwatch.filing_event.v1"
accession: "0001402057-22-000158"
form_type: "8-K"
ticker: "CDW"
cik: "0001402057"
company_name: "CDW Corp"
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T13:06:06.071485+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CDW reports Q3 record net sales of $6.22B; raises dividend 18% to $0.59/share

## Summary
- Net sales $6,215.5M (+17.3% YoY); GAAP EPS $2.17 (+13.7%), Non-GAAP EPS $2.60 (+22.0%).
- Corporate segment sales +24.7%; Public segment +12.6% (Healthcare +27.7%).
- Non-GAAP operating margin 8.8% vs 8.2% a year ago; gross margin improved to 19.8%.
- Quarterly dividend increased 18% to $0.59/share, payable Dec 9 to Nov 25 record; ninth year of increases.
- Management expects premium on US IT market growth at higher end of 325-425 bps range.

## SEC filing metadata
- accession: 0001402057-22-000158
- form_type: 8-K
- ticker: CDW
- cik: 0001402057
- company_name: CDW Corp
- filed_at: 2022-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1402057/000140205722000158/0001402057-22-000158-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1402057/000140205722000158/cdw-20221102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001402057-22-000158
- JSON: https://secwatch.observer/filing/0001402057-22-000158.json
- Plain text: https://secwatch.observer/filing/0001402057-22-000158.txt

## Key facts
- Earnings Releases
  CDW Corp reported third quarter 2022 results: revenue $6,215.5, net income $297.8, EPS $2.17.
  - Period: third quarter 2022
  - Revenue: $6,215.5
  - Net income: $297.8
  - EPS: $2.17
  - Result: reported results
  source text: Model and Strategy (Dollars in millions, except per share amounts) Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 % Chg. 2022 2021 % Chg. Net Sales $ 6,215.5 $ 5,300.0 17.3 $ 18,310.4 $ 15,283.9 19.8 Average Daily Sales 1 97.1 82.8 17.3 95.9 80.0 19.8 Gross Profit 1,233.2 914.9 34.8 3,505.5 2,592.9 35.2 Operating Income 466.4 386.4
  evidence_url: https://www.sec.gov/Archives/edgar/data/1402057/000140205722000158/0001402057-22-000158-index.htm

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