CDW vs QVC: revenue, profit, margins and growth compared
CDW brought in $22.4B of revenue in fiscal 2025, QVC $9.2B in fiscal 2025. Revenue changed by +6.8% at CDW and -8.0% at QVC on the year before, so CDW grew faster. CDW kept 4.8% of its revenue as net profit, QVC -26.4%. Free cash flow was $1.1B at CDW and $118M at QVC.
Fiscal years as each company reports them; the two may end in different months.
Questions about CDW and QVC
Which is bigger by revenue, CDW or QVC?
CDW is bigger by revenue: $22.4B in fiscal 2025, against $9.2B for QVC in fiscal 2025.
Which keeps more of its revenue as profit, CDW or QVC?
CDW had a net margin of 4.8% in fiscal 2025; QVC had -26.4% in fiscal 2025.
Which grew revenue faster, CDW or QVC?
In their latest fiscal years revenue changed by +6.8% at CDW and -8.0% at QVC.
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.