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CDW vs Insight Enterprises: revenue, profit, margins and growth compared

CDW brought in $22.4B of revenue in fiscal 2025, Insight Enterprises $8.2B in fiscal 2025. Revenue changed by +6.8% at CDW and -5.2% at Insight Enterprises on the year before, so CDW grew faster. CDW kept 4.8% of its revenue as net profit, Insight Enterprises 1.9%. Free cash flow was $1.1B at CDW and $279.3M at Insight Enterprises.

Side by side, latest fiscal year

CDWNSIT
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$22.4B$8.2B
Revenue growth+6.8%-5.2%
Net income$1.1B$157.3M
Net margin4.8%1.9%
Free cash flow$1.1B$279.3M
Free cash flow margin4.9%3.4%
Earnings per share (diluted)$8.08$4.86
Cash$618.7M$358M
Debt$5.6B$1.4B
Price to earnings16.832.7
Market value$16.9B$4.7B
Dividend yield1.85%n/a
Rank by revenue in sector#54 of 778 · Consumer discretionary#135 of 778 · Consumer discretionary

Over the years

Revenue
CDW FY2018: $16.2BCDW FY2019: $18BCDW FY2020: $18.5BCDW FY2021: $20.8BCDW FY2022: $23.7BCDW FY2023: $21.4BCDW FY2024: $21BCDW FY2025: $22.4BNSIT FY2018: $7.1BNSIT FY2019: $7.7BNSIT FY2020: $8.3BNSIT FY2021: $9.4BNSIT FY2022: $10.4BNSIT FY2023: $9.2BNSIT FY2024: $8.7BNSIT FY2025: $8.2BFY18FY19FY20FY21FY22FY23FY24FY25
CDW $22.4BNSIT $8.2B
Net income
CDW FY2018: $643MCDW FY2019: $736.8MCDW FY2020: $788.5MCDW FY2021: $988.6MCDW FY2022: $1.1BCDW FY2023: $1.1BCDW FY2024: $1.1BCDW FY2025: $1.1BNSIT FY2018: $163.7MNSIT FY2019: $159.4MNSIT FY2020: $172.6MNSIT FY2021: $219.3MNSIT FY2022: $280.6MNSIT FY2023: $281.3MNSIT FY2024: $249.7MNSIT FY2025: $157.3MFY18FY19FY20FY21FY22FY23FY24FY25
CDW $1.1BNSIT $157.3M
Net margin
CDW FY2018: 4.0%CDW FY2019: 4.1%CDW FY2020: 4.3%CDW FY2021: 4.7%CDW FY2022: 4.7%CDW FY2023: 5.2%CDW FY2024: 5.1%CDW FY2025: 4.8%NSIT FY2018: 2.3%NSIT FY2019: 2.1%NSIT FY2020: 2.1%NSIT FY2021: 2.3%NSIT FY2022: 2.7%NSIT FY2023: 3.1%NSIT FY2024: 2.9%NSIT FY2025: 1.9%FY18FY19FY20FY21FY22FY23FY24FY25
CDW 4.8%NSIT 1.9%
Revenue growth
CDW FY2019: +11.0%CDW FY2020: +2.4%CDW FY2021: +12.7%CDW FY2022: +14.1%CDW FY2023: -10.0%CDW FY2024: -1.8%CDW FY2025: +6.8%NSIT FY2019: +9.2%NSIT FY2020: +7.9%NSIT FY2021: +13.1%NSIT FY2022: +10.5%NSIT FY2023: -12.0%NSIT FY2024: -5.2%NSIT FY2025: -5.2%FY19FY20FY21FY22FY23FY24FY25
CDW +6.8%NSIT -5.2%
Free cash flow
CDW FY2018: $819.8MCDW FY2019: $790.9MCDW FY2020: $1.2BCDW FY2021: $684.6MCDW FY2022: $1.2BCDW FY2023: $1.5BCDW FY2024: $1.2BCDW FY2025: $1.1BNSIT FY2018: $275.4MNSIT FY2019: $58.8MNSIT FY2020: $331.4MNSIT FY2021: $111.6MNSIT FY2022: $27.2MNSIT FY2023: $580.3MNSIT FY2024: $586.1MNSIT FY2025: $279.3MFY18FY19FY20FY21FY22FY23FY24FY25
CDW $1.1BNSIT $279.3M

Fiscal years as each company reports them; the two may end in different months.

Questions about CDW and Insight Enterprises

Which is bigger by revenue, CDW or Insight Enterprises?

CDW is bigger by revenue: $22.4B in fiscal 2025, against $8.2B for Insight Enterprises in fiscal 2025.

Which keeps more of its revenue as profit, CDW or Insight Enterprises?

CDW had a net margin of 4.8% in fiscal 2025; Insight Enterprises had 1.9% in fiscal 2025.

Which grew revenue faster, CDW or Insight Enterprises?

In their latest fiscal years revenue changed by +6.8% at CDW and -5.2% at Insight Enterprises.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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