NASDAQ · Consumer discretionary

PC Connection Inc (CNXN)

PC Connection Inc brought in $3.2B of revenue over the twelve months to September 30, 2026, up 9.5% from a year earlier. Net income was $102.6M, a net margin of 3.3%. Operating cash flow minus capital spending left $58M of free cash flow in fiscal 2025. At September 30, 2026 it held $124.6M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 28, 2026.

Watch CNXN in 60 seconds

Price

$80.09

+1.19% on the day · November 9, 2026

52-week range $54.97 to $96.91

Market cap

$2B

Revenue (last 12 months)

$3.2B

+9.5% year on year

Net margin

3.3%

P/E

24.5

on FY2025 diluted EPS

Key facts about PC Connection Inc

Net worth: PC Connection Inc has a market value (market cap) of $2B at the latest share price, and shareholders' equity of $981.1M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit: In fiscal 2025 revenue was $2.9B (+2.5% year on year), with net income of $83.7M. Over the 12 months to September 30, 2026: revenue $3.2B, net income $102.6M.
Cash flow: In fiscal 2025 operations brought in $65.4M of cash; after $7.4M of capital spending, free cash flow was $58M.
Latest report: The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 28, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
Next earnings report: PC Connection Inc's next report is expected around February 3, 2027. That is an estimate from its filing rhythm, not a date the company has announced.

What PC Connection Inc does

PC Connection Inc is registered with the SEC under industry code SIC 5045 (Wholesale-Computers & Peripheral Equipment & Software). Its shares trade on NASDAQ under the ticker CNXN.

Revenue and profit by year

Revenue

Net income

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal year	Revenue	Operating income	Net income	Diluted EPS	Free cash flow
2025	$2.9B	$99.3M	$83.7M	$3.27	$58M
2024	$2.8B	$97.1M	$87.1M	$3.29	$166.3M
2023	$2.9B	$103.2M	$83.3M	$3.15	$188.4M
2022	$3.1B	$120.6M	$89.2M	$3.37	n/a
2021	$2.9B	$96.5M	$69.9M	$2.65	n/a
2020	$2.6B	$72.1M	$55.8M	$2.12	n/a

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

Next report expected around February 3, 2027.

Estimated from its filing rhythm: 52 weeks after its report of February 4, 2026. Not a date the company has announced. See the report calendar · Earnings, quarter by quarter

Where CNXN ranks in Consumer discretionary

Revenue$2.9B

#311 of 1077 in Consumer discretionary · Top 29%

Revenue growth+2.5%

#520 of 952 in Consumer discretionary · Bottom 45%

Net margin2.9%

#467 of 968 in Consumer discretionary · Top 48%

Free cash flow margin2.0%

#538 of 853 in Consumer discretionary · Bottom 37%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Consumer discretionary

Dividends

It paid out $15.3M in cash dividends, 18% of its net income.

Fiscal year	Per share	Paid out	Of profit
2025	n/a	$15.3M	18%
2024	n/a	$10.5M	12%
2023	n/a	$8.4M	10%
2022	$0.34	$8.9M	10%
2021	$1.00	$26.2M	38%
2020	$0.32	$8.4M	15%

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What PC Connection Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.

October 28, 2026
Quarterly report 10-Q · period to September 30, 2026Revenue rose 23% to $874.3M versus the same quarter last year; diluted EPS $1.24 versus $0.97.
October 28, 2026
Quarterly results 8-K
October 14, 2026
Executive or director change 8-K
July 29, 2026
Quarterly report 10-Q · period to June 30, 2026Revenue rose 12% to $854M versus the same quarter last year; diluted EPS $1.31 versus $0.97.
July 29, 2026
Quarterly results 8-K
May 13, 2026
Shareholder vote results 8-K
April 29, 2026
Quarterly report 10-Q · period to March 31, 2026Revenue rose 3% to $721.9M versus the same quarter last year; diluted EPS $0.68 versus $0.51.
April 29, 2026
Quarterly results 8-K
March 27, 2026
Annual report to shareholders ARS
March 27, 2026
Proxy statement DEF 14A

Recent insider filings (Forms 3, 4 and 144): 10, the latest on November 5, 2026. Insider transactions on SEC

What is CNXN worth? A DCF from its reported cash flow

Insider trades

What the people running PC Connection Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.

Insiders sold $7.7M worth of shares in the last 90 days and bought none on the open market. Most of the selling (95%) was pre-planned under Rule 10b5-1 trading plans.

Bought (open market)

last 90 days

Sold

$7.7M

last 90 days

Net sold

90,704

$7.7M

Date	Insider	What	Shares	Price	Value	Filing
November 4, 2026	Gallup PatriciaChairman & Chief Admin Officer, Director, 10% owner	Soldpre-planned (10b5-1), indirect	7,040	$88.60	$623.7K	Form 4
November 4, 2026	Gallup PatriciaChairman & Chief Admin Officer, Director, 10% owner	Soldpre-planned (10b5-1), indirect	102	$88.96	$9.1K	Form 4
November 3, 2026	Gallup PatriciaChairman & Chief Admin Officer, Director, 10% owner	Soldpre-planned (10b5-1), indirect	1,678	$86.67	$145.4K	Form 4
November 3, 2026	Gallup PatriciaChairman & Chief Admin Officer, Director, 10% owner	Soldpre-planned (10b5-1), indirect	5,310	$87.70	$465.7K	Form 4
November 3, 2026	Gallup PatriciaChairman & Chief Admin Officer, Director, 10% owner	Soldpre-planned (10b5-1), indirect	154	$88.52	$13.6K	Form 4
October 29, 2026	Mcgrath Timothy JCEO	Exercised options	5,000	-	-	Form 4
October 29, 2026	Mcgrath Timothy JCEO	Shares withheld for tax	1,968	$85.62	$168.5K	Form 4
October 21, 2026	Gallup PatriciaChairman & Chief Admin Officer, Director, 10% owner	Soldpre-planned (10b5-1), indirect	6,084	$87.12	$530K	Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns CNXN

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

Holder	Of class	Shares	Filed
Patricia Gallup13D, may seek influence with 1 related filers	54.4%	13,779,533	September 17, 2025
Dimensional Fund Advisors LP13G, passive	6.1%	1,548,408	July 15, 2025

Largest institutional holders

Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 189 managers reported a position.

Holder	Shares	Value	Change on quarter
BlackRock, Inc.	2,176,088	$158.8M	-45,564
Dimensional Fund Advisors LP	1,539,863	$112.4M	+13,369
Vanguard Portfolio Management LLC	507,776	$37.1M	+17,099
Vanguard Capital Management LLC	502,311	$36.7M	-6,326
State Street Corp	465,567	$34M	+15,452
Geode Capital Management, LLC	414,249	$30.2M	+23,259
Two Sigma Investments, LP	259,463	$18.9M	+75,745
Morgan Stanley	228,372	$16.7M	+5,901
Goldman Sachs Group Inc	225,846	$16.5M	+9,411
Northern Trust Corp	206,600	$15.1M	+3,818
Qube Research & Technologies Ltd	204,269	$14.9M	+76,356
Charles Schwab Investment Management Inc	193,081	$14.1M	-26,958
American Century Companies Inc	184,800	$13.5M	+44,698
Invesco Ltd.	145,516	$10.6M	-72,328
Bank of New York Mellon Corp	136,757	$10M	-1,529
Allspring Global Investments Holdings, LLC	130,317	$9.6M	+69,279
Fmr LLC	115,042	$8.4M	+9,591
Aqr Capital Management LLC	114,996	$8.4M	-1,093
Jpmorgan Chase & Co	109,105	$7.9M	+48,594
Oberweis Asset Management Inc/	104,300	$7.6M	+8,100

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

8 insiders reported holding 7,869,129 shares in total, about $630.2M at the last price.

Holder	Shares	As of
Gallup PatriciaChairman & Chief Admin Officer, Director, 10% owner	7,418,6656,884,907 held indirectly	November 4, 2026
Mcgrath Timothy JCEO	249,440	October 29, 2026
Ferguson Jack LDirector	68,555	September 1, 2026
Beffa Negrini DavidDirector	65,875	September 1, 2026
Baker Thomas CSr. VP, CFO & Treasurer	36,092	July 31, 2026
Duckett BarbaraDirector	16,752	September 1, 2026
Kinyon GaryDirector	6,875	March 14, 2026
Bothwick Jay EDirector	6,875	June 30, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about CNXN

What does PC Connection Inc do?

PC Connection Inc is a company in the Consumer discretionary sector, listed on NASDAQ as CNXN. Its shares trade on NASDAQ under the ticker CNXN.

What is PC Connection Inc's net worth?

PC Connection Inc has a market value (market cap) of $2B at the latest share price, and shareholders' equity of $981.1M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is PC Connection Inc profitable?

Yes. Over the twelve months to September 30, 2026 it reported net income of $102.6M on revenue of $3.2B, a net margin of 3.3%.

How much revenue does PC Connection Inc make?

Over the twelve months to September 30, 2026 PC Connection Inc reported revenue of $3.2B. That is 9.5% more than a year earlier.

When did PC Connection Inc last report?

Its most recent periodic report is the quarterly report (10-Q) filed on October 28, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the insider trade from November 5, 2026.

When is PC Connection Inc's next earnings report?

PC Connection Inc's next report is expected around February 3, 2027. That is an estimate from its filing rhythm, not a date the company has announced.

Similar companies

Ingram Micro Holding Corp

CLMB

Climb Global Solutions, Inc.

Compare CNXN with

Compare CNXN with any company

Follow CNXN

Get an email when PC Connection Inc files with the SEC: results, executive changes, material agreements and annual reports.

Where the numbers come from

Financial figures are the values PC Connection Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.