Start 30 days free, no card. Full Pro access for a month, then decide. Start free
Loading
Start 30 days free, no card. Full Pro access for a month, then decide. Start free
Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions.
| Analyst | Firm | Questions · challengingPercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Amit Daryanani | Evercore ISI | 12 questions · 8% challenging |
| Keith Housum | Northcoast Research | 11 questions · 0% challenging |
| Ruplu Bhattacharya | Bank of America | 10 questions · 0% challenging |
| Erik Woodring | Morgan Stanley | 10 questions · 60% challenging |
| Dave Vogt | UBS | 10 questions · 10% challenging |
| Adam Tindle | Raymond James | 8 questions · 13% challenging |
| Samik Chatterjee | JPMorgan | 8 questions · 13% challenging |
| Harry Read | Redburn Atlantic | 5 questions · 0% challenging |
| Asiya Merchant | Citigroup | 4 questions · 25% challenging |
| Joe Cardoso | JPMorgan | 4 questions · 25% challenging |
| Firm | Analysts | Questions · challengingPercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Evercore ISI | 2 analysts | 14 questions · 7% challenging |
| JPMorgan | 2 analysts | 12 questions · 17% challenging |
| Northcoast Research | 1 analyst | 11 questions · 0% challenging |
| Bank of America | 1 analyst | 10 questions · 0% challenging |
| Morgan Stanley | 1 analyst | 10 questions · 60% challenging |
| UBS | 1 analyst | 10 questions · 10% challenging |
| Raymond James | 1 analyst | 8 questions · 13% challenging |
| Redburn Atlantic | 1 analyst | 5 questions · 0% challenging |
On August 3, 2026, Albert J. Miralles, Chief Financial Officer and Executive Vice President, Enterprise Business Operations, informed CDW Corporation of his intention to retire in 2027 following the completion of an orderly transition. He remains in his current role until a successor is named, then serves as Executive Advisor through March 31, 2028, with full-time employment through his March 31, 2027 retirement. A letter agreement dated August 4, 2026 memorializes the terms.
What each event means for CDW’s sentiment score is part of Tellvest Pro.
CDW delivered 9% revenue growth driven by AI infrastructure and supply urgency, with non-GAAP EPS of $2.28 up 6.3%. International operations grew 18%, and AI was moving from exploration to production across all customer sizes. However, gross margin compressed 60 basis points from hardware-heavy mix. The Geared for Growth initiative was launched targeting $100-200 million in run-rate savings, and FY2026 guidance was modestly raised.
Demand | Margin | Cloud & AI | Pricing | Competitive Dynamics | Revenue Growth | Cost Pressure | Regulation Policy | |
|---|---|---|---|---|---|---|---|---|
| 2024Q4 | 4 | 4 | 3 | 2 | 4 | 4 | 1 | 1 |
| 2025Q1 | 7 | 2 | 2 | 2 | 2 | 3 | 1 | 1 |
| 2025Q2 | 6 | 4 | 2 | 1 | 2 | 2 | 1 | 1 |
| 2025Q3 | 8 | 3 | 3 | 1 | 3 | 2 | 3 | |
| 2025Q4 | 5 | 4 | 3 | 5 | 3 | 1 | 2 | |
| 2026Q1 | 8 | 4 | 5 | 6 | 1 | 3 |
| '24Q4 | '25Q1 | '25Q2 | '25Q3 | '25Q4 | '26Q1 | |
|---|---|---|---|---|---|---|
| Demand | 4 | 7 | 6 | 8 | 5 | 8 |
| Margin | 4 | 2 | 4 | 3 | 4 | 4 |
| Cloud & AI | 3 | 2 | 2 | 3 | 3 | 5 |
| Pricing | 2 | 2 | 1 | 5 | 6 | |
| Competitive Dynamics | 4 | 2 | 2 | 1 | 3 | 1 |
| Revenue Growth | 4 | 3 | 2 | 3 | 1 | |
| Cost Pressure | 1 | 1 | 1 | 2 | 2 | 3 |
| Regulation Policy | 1 | 1 | 1 | 3 |
Calendar quarter Q1 2026Earnings call May 6, 2026
FY2026 Q1 in brief
CDW delivered 9% revenue growth driven by AI infrastructure and supply urgency, with non-GAAP EPS of $2.28 up 6.3%.
Newest quarter FY2026 Q2 is part of Pro · see what Pro adds →
GAAP revenue YoY +9.25% → base 7. The base score is anchored to the GAAP revenue YoY band before transcript, EPS, and guidance adjustments.
Sources. Tellvest earnings-call sentiment score for CDW (CDW), FY2026 Q1: 8/10. Scores: CDW’s public earnings-call transcripts and SEC-reported results — the base band is anchored to reported GAAP revenue growth; transcript, EPS and guidance adjustments are applied separately (documented exceptions apply to a few issuers). Price: CDW daily closing prices for the trailing year; dots mark earnings calls, colored by that quarter’s score; the newest quarter’s score is part of Tellvest Pro. How to read a company earnings-call score.
The table scrolls sideways. Swipe it, or select it and use the arrow keys.
| Quarter | Revenue | Rev YoY | EPS | EPS YoY | Gross margin | Op margin | Net margin | FCF |
|---|---|---|---|---|---|---|---|---|
| FY2024 Q4 | $5.19B | +3.3% | $1.97 | -9.6% | 22.3% | 7.9% | 5.1% | $317M |
| FY2025 Q1 | $5.20B | +6.7% | $1.69 | +6.3% | 21.6% | 7.0% | 4.3% | $260M |
| FY2025 Q2 | $5.98B | +10.2% | $2.05 | -1.0% | 20.8% | 7.0% | 4.5% | $133M |
| FY2025 Q3 | $5.74B | +4.0% | $2.21 | -6.0% | 21.9% | 7.7% | 5.1% | $299M |
| FY2025 Q4 | $5.51B | +6.3% | $2.14 | +8.6% | 22.8% | 7.8% | 5.1% | $396M |
| FY2026 Q1Selected | $5.68B | +9.2% | $1.82 | +7.7% | 21.0% | 6.6% | 4.1% | $248M |
| FY2026 Q2 | $6.57B | +10.0% | $2.15 | +4.9% | 20.1% | 6.5% | 4.2% | $166M |
Management’s own words, often on a non-GAAP, constant-currency, or adjusted basis — so these can differ from the GAAP figures above (e.g. constant-currency revenue growth excludes currency swings).
What CDW and other companies said about each other on FY2026 Q1 earnings calls — extracted verbatim from public transcripts. Mentions from the newest quarter are a Pro feature.
“we have finalized a relationship with provider Boost Run to deliver our customers access to high-performance AI infrastructure through a flexible GPU-as-a-service model”
CDW finalized a relationship with Boost Run to give customers GPU-as-a-service access to high-performance AI infrastructure, expanding CDW's AI compute supply options.
| Company | Score | Trend | Rev YoY |
|---|---|---|---|
CDW CDW | 8 | +9.3% | |
| ACN Accenture | 8 | +8.3% | |
| APLD Applied Digital Corp. | 8 | +139.3% | |
| BBAI BigBear.ai Holdings, Inc. | 4 | -0.9% | |
| BR Broadridge Financial Solutions | 8 | +7.8% | |
| CTSH Cognizant | 8 | +5.8% | |
| EPAM EPAM Systems | 8 | +7.6% | |
| FIS Fidelity National Information Services | 7 | +30.1% | |
| FISV Fiserv, Inc. | 3 | -2.0% | |
| IBM International Business Machines Corporation | 8 | +9.5% | |
| IREN IREN Limited | 6 | -0.0% | |
| IT Gartner | 8 | +2.0% | |
| JKHY Jack Henry & Associates | 8 | +8.7% | |
| LDOS Leidos | 7 | +3.6% |