CNXN · Pc Connection Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $721.87M | - | $709.07M | $759.69M | $701.05M | - | $724.72M | $736.48M | $632.02M | - |
| Cost of Revenue | $589.13M | - | $570.42M | $621.93M | $573.74M | - | $589.31M | $599.94M | $513.95M | - |
| Gross Profit | $132.74M | - | $138.65M | $137.77M | $127.31M | - | $135.41M | $136.54M | $118.07M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $109.45M | - | $108.38M | $106.87M | $109.86M | - | $105.36M | $105.21M | $104.61M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $2.80M | - | - | - | $3.10M | - | $3.28M | $3.27M | $3.27M | - |
| Operating Income | $20.23M | - | $30.27M | $30.90M | $14.52M | - | $30.04M | $30.92M | $13.46M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $6.37M | - | $9.21M | $9.32M | $5.02M | - | $9.52M | $9.41M | $4.88M | - |
| Net Income | $17.22M | - | $24.74M | $24.79M | $13.48M | - | $27.06M | $26.16M | $13.15M | - |
| EPS - Basic | $0.68 | - | $0.98 | $0.98 | $0.52 | - | $1.03 | $0.99 | $0.50 | - |
| EPS - Diluted | $0.68 | - | $0.97 | $0.97 | $0.51 | - | $1.02 | $0.99 | $0.50 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $196.26M | $193.22M | $187.84M | $186.74M | $182.46M | $178.32M | $167.51M | $128.21M | $147.58M | $144.95M |
| Accounts Receivable | $661.48M | $648.02M | $616.70M | $637.04M | $603.98M | $611.43M | $585.08M | $598.83M | $527.26M | $606.83M |
| Inventory | $194.29M | $143.57M | $135.02M | $133.49M | $151.79M | $95.05M | $113.69M | $136.61M | $123.90M | $124.18M |
| Accounts Payable | $396.48M | $338.20M | $312.81M | $303.76M | $273.52M | $300.24M | $293.16M | $317.11M | $218.80M | $263.68M |
| Current Assets | $1.29B | $1.22B | $1.17B | $1.14B | $1.12B | $1.17B | $1.15B | $1.15B | $1.02B | $1.05B |
| Total Assets | $1.43B | $1.35B | $1.31B | $1.27B | $1.25B | $1.30B | $1.29B | $1.28B | $1.16B | $1.19B |
| Current Liabilities | $477.20M | $420.39M | $384.09M | $368.28M | $353.88M | $371.20M | $367.45M | $388.64M | $289.81M | $327.96M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $503.33M | $440.80M | $402.78M | $384.46M | $370.53M | $388.36M | $388.38M | $408.56M | $308.39M | $347.61M |
| Stockholders' Equity | $921.69M | $910.13M | $902.74M | $884.82M | $876.98M | $910.99M | $897.36M | $874.93M | $852.67M | $840.77M |
| Retained Earnings | $918.07M | $905.89M | $888.96M | $868.02M | $847.04M | $837.47M | $819.37M | $794.94M | $771.42M | $760.90M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $14.27M | - | - | - | ($52.39M) | - | - | - | $57.28M | - |
| Investing Cash Flow | ($3.04M) | - | - | - | $104.69M | - | - | - | ($51.61M) | - |
| Financing Cash Flow | ($8.19M) | - | - | - | ($48.17M) | - | - | - | ($3.05M) | - |
| CapEx | $1.98M | - | - | - | $1.71M | - | - | - | $1.61M | - |
| Free Cash Flow | $12.28M | - | - | - | ($54.10M) | - | - | - | $55.68M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 18.4% | - | 19.6% | 18.1% | 18.2% | - | 18.7% | 18.5% | 18.7% | - |
| Operating margin | 2.8% | - | 4.3% | 4.1% | 2.1% | - | 4.1% | 4.2% | 2.1% | - |
| EBITDA margin | 3.2% | - | - | - | 2.5% | - | 4.6% | 4.6% | 2.6% | - |
| Net margin | 2.4% | - | 3.5% | 3.3% | 1.9% | - | 3.7% | 3.6% | 2.1% | - |
| Free cash flow margin | 1.7% | - | - | - | -7.7% | - | - | - | 8.8% | - |
| FCF / Net income | 0.71 | - | - | - | -4.01 | - | - | - | 4.23 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 15.2% | - | 15.3% | 14.1% | 15.7% | - | 14.5% | 14.3% | 16.6% | - |
| Effective tax rate | 27.0% | - | 27.1% | 27.3% | 27.1% | - | 26.0% | 26.4% | 27.0% | - |
| Return on assets | 1.2% | - | 1.9% | 2.0% | 1.1% | - | 2.1% | 2.0% | 1.1% | - |
| Return on equity | 1.9% | - | 2.7% | 2.8% | 1.5% | - | 3.0% | 3.0% | 1.5% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 2.70 | 2.90 | 3.06 | 3.09 | 3.16 | 3.14 | 3.13 | 2.95 | 3.53 | 3.20 |
| Quick ratio | 2.30 | 2.56 | 2.71 | 2.73 | 2.73 | 2.89 | 2.82 | 2.60 | 3.10 | 2.82 |
| Cash ratio | 0.41 | 0.46 | 0.49 | 0.51 | 0.52 | 0.48 | 0.46 | 0.33 | 0.51 | 0.44 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.55 | 1.48 | 1.45 | 1.43 | 1.42 | 1.43 | 1.43 | 1.47 | 1.36 | 1.41 |
| Liabilities / Assets | 0.35 | 0.33 | 0.31 | 0.30 | 0.30 | 0.30 | 0.30 | 0.32 | 0.27 | 0.29 |
| Efficiency | ||||||||||
| Asset turnover | 0.51 | - | 0.54 | 0.60 | 0.56 | - | 0.56 | 0.57 | 0.54 | - |
| Inventory turnover | 3.03 | - | 4.22 | 4.66 | 3.78 | - | 5.18 | 4.39 | 4.15 | - |
| Days sales outstanding | 334d | - | 317d | 306d | 314d | - | 295d | 297d | 304d | - |
| Days inventory outstanding | 120d | - | 86d | 78d | 97d | - | 70d | 83d | 88d | - |
| Days payable outstanding | 246d | - | 200d | 178d | 174d | - | 182d | 193d | 155d | - |
| Cash conversion cycle | 209d | - | 204d | 206d | 237d | - | 184d | 187d | 237d | - |
| Valuation | ||||||||||
| P / E | 86.0x | - | 63.9x | 67.8x | 122.4x | - | 74.0x | 64.8x | 131.9x | - |
| P / B | 1.6x | - | 1.8x | 1.9x | 1.9x | - | 2.2x | 1.9x | 2.1x | - |
| P / S | 2.0x | - | 2.2x | 2.2x | 2.3x | - | 2.8x | 2.3x | 2.8x | - |
| EV / EBITDA | 55.7x | - | - | - | 82.5x | - | 55.0x | 46.0x | 95.7x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 3.0% | - | -2.2% | 3.2% | 10.9% | - | 4.6% | 0.4% | -13.1% | - |
| Revenue CAGR (3y) | -0.3% | - | -2.9% | -2.8% | -3.8% | - | -1.2% | 1.5% | -0.3% | - |
| Revenue CAGR (5y) | 2.5% | - | 1.7% | 6.7% | -0.3% | - | -0.1% | -0.1% | -0.0% | - |
| Gross profit growth (YoY) | 4.3% | - | 2.4% | 0.9% | 7.8% | - | 2.7% | 6.9% | -3.5% | - |
| Operating income growth (YoY) | 39.3% | - | 0.7% | -0.1% | 7.9% | - | -6.2% | 23.3% | -25.7% | - |
| Net income growth (YoY) | 27.8% | - | -8.6% | -5.2% | 2.5% | - | 5.7% | 32.8% | -7.4% | - |
| EPS growth (YoY) | 33.3% | - | -4.9% | -2.0% | 2.0% | - | 5.2% | 32.0% | -7.4% | - |
| EPS CAGR (3y) | 8.0% | - | 3.3% | 0.3% | -15.0% | - | 10.3% | 14.5% | 8.6% | - |
| EPS CAGR (5y) | 11.8% | - | 8.7% | 27.3% | -1.9% | - | 2.5% | 2.2% | 0.8% | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | 37.0% | - |
| Book value growth (YoY) | 5.1% | -0.1% | 0.6% | 1.1% | 2.9% | 8.4% | 9.5% | 10.2% | 9.8% | 9.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$2.87B totalLarge Account Segment$1.28B · 44.6%
Small And Medium Sized Businesses Segment$1.08B · 37.7%
Public Sector$508.47M · 17.7%
Product / service
$1.28B totalNotebooks And Mobility$395.26M · 30.8%
Desktops$197.82M · 15.4%
Accessories$179.00M · 14.0%
Software$124.34M · 9.7%
Displays And Sounds$119.91M · 9.4%
Other Hardware And Services$108.05M · 8.4%
Net And Com$83.05M · 6.5%
Servers And Storage$74.99M · 5.8%
Peer comparison
Same SIC group: Wholesale-Computers & Peripheral Equipment & Software
Comparing PC CONNECTION INC against the 5 most active filers in the same SIC group.
Dividends
$0.70/share trailing 12 months · +40.0% YoY
| Ex-date | Per share |
|---|---|
| May 12, 2026 | $0.2000 |
| Feb 17, 2026 | $0.2000 |
| Nov 10, 2025 | $0.1500 |
| Aug 12, 2025 | $0.1500 |
| May 13, 2025 | $0.1500 |
| Feb 25, 2025 | $0.1500 |
| Nov 12, 2024 | $0.1000 |
| Aug 13, 2024 | $0.1000 |
| May 13, 2024 | $0.1000 |
| Feb 26, 2024 | $0.1000 |
| Nov 13, 2023 | $0.0800 |
| Aug 14, 2023 | $0.0800 |
| May 15, 2023 | $0.0800 |
| Feb 17, 2023 | $0.0800 |
| Dec 2, 2022 | $0.3400 |
| Nov 17, 2021 | $1.0000 |
| Jan 11, 2021 | $0.3200 |
| Dec 26, 2019 | $0.3200 |
| Dec 27, 2018 | $0.3200 |
| Dec 28, 2017 | $0.3400 |
| Dec 28, 2016 | $0.3400 |
| Dec 24, 2015 | $0.4000 |
| Nov 26, 2014 | $0.4000 |
| Dec 10, 2013 | $0.4000 |