‹ Browse★ Saved
📱 Tech & Apps
CDW
(CDW ↗)
cdw.com ↗
When a company, school, or hospital needs laptops, servers, or cloud setup, CDW is the middleman that sources it all and makes it work together. Huge sales, thin margins — and a quiet shift toward stickier, higher-value services.
Updated · FY2025 · February 2026
6
Chapters
~11
Min read
$22.4B / yr revenue · ~15K employees · public since 2013
🌶️
Spice: Poblano (2/5)
More filled = spicier (more aggressive), not "better." Tap a row to see what it means.
What is spice?
Your progress
0 of 6
1
Growth
~2 min
The Tech Middleman
Your office didn't buy its laptops from the maker. It probably bought them through a company like CDW.
›
2
Financial Health
~2 min
Thin Margins, Real Profit
CDW keeps only pennies per dollar of sales. On $22 billion, pennies add up to a billion.
›
3
Moat
~2 min
Trusted to Pick the Right Thing
Anyone can resell a laptop. CDW's edge is being the advisor customers trust to choose for them.
›
4
Management
~2 min
Buying the Pullback
The stock fell from the $140s. Then a director and an officer stepped in to buy.
›
5
Behind the Numbers
~2 min
Boxes Today, Services Tomorrow
The bull case is the shift to high-margin services. The bear case is a cyclical, low-margin reseller.
›
6
Risk
~1 min
What If IT Budgets Freeze?
Steady profit and insiders buying — against thin margins and customers who can pause spending fast.
↻ Next update · Aug 5
est. Aug 5, 2026 · Q2 FY2026 · CDW Investor Relations ↗
›
✦ Reader takes on CDW
0 comments
Drop your read. See how others are calling this brief.
No one's weighed in yet. Be the first.
↗ Share CDW
↻ The read keeps updating
You're reading the 6 opening chapters. After that, every time CDW files a new report, the chapters get updated here.