PC Connection, Inc. (CNXN) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 721.87M | 702.94M | 709.07M | 759.69M | 701.05M | 708.9M | 724.72M | 736.48M | 632.02M | 696.47M | 693.09M | 733.55M | 727.54M | 732.45M | 775.69M | 828.51M | 788.34M | 800.17M | 751.37M | 704.16M |
| Revenue Growth % | 2.97% | -0.84% | -2.16% | 3.15% | 10.92% | 1.78% | 4.56% | 0.4% | -13.13% | -4.91% | -10.65% | -11.46% | -7.71% | -8.46% | 3.24% | 17.66% | 23.78% | 18.42% | 15.11% | 28.03% |
| Cost of Goods Sold | 589.13M | 567.33M | 570.42M | 621.93M | 573.74M | 579.12M | 589.31M | 599.94M | 513.95M | 566.69M | 561.2M | 605.77M | 605.25M | 608.11M | 639.07M | 691.61M | 660.04M | 673.14M | 630.67M | 587.83M |
| COGS % of Revenue | 81.61% | 80.71% | 80.45% | 81.87% | 81.84% | 81.69% | 81.32% | 81.46% | 81.32% | 81.37% | 80.97% | 82.58% | 83.19% | 83.02% | 82.39% | 83.48% | 83.72% | 84.12% | 83.94% | 83.48% |
| Gross Profit | 132.74M | 135.61M | 138.65M | 137.77M | 127.31M | 129.77M | 135.41M | 136.54M | 118.07M | 129.78M | 131.89M | 127.78M | 122.3M | 124.34M | 136.63M | 136.9M | 128.31M | 127.03M | 120.7M | 116.33M |
| Gross Margin % | 18.39% | 19.29% | 19.55% | 18.13% | 18.16% | 18.31% | 18.68% | 18.54% | 18.68% | 18.63% | 19.03% | 17.42% | 16.81% | 16.98% | 17.61% | 16.52% | 16.28% | 15.88% | 16.06% | 16.52% |
| Gross Profit Growth % | 4.26% | 4.5% | 2.39% | 0.9% | 7.82% | -0% | 2.67% | 6.86% | -3.45% | 4.37% | -3.47% | -6.66% | -4.68% | -2.12% | 13.2% | 17.69% | 27.64% | 16.7% | 11.93% | 30.7% |
| Operating Expenses | 108.1M | 108.93M | 108.38M | 106.87M | 112.79M | 107.14M | 105.36M | 105.62M | 104.61M | 101.83M | 99.87M | 102.71M | 104.18M | 100.44M | 104.9M | 102.1M | 98.2M | 95.73M | 93.4M | 92.56M |
| OpEx % of Revenue | 14.98% | 15.5% | 15.28% | 14.07% | 16.09% | 15.11% | 14.54% | 14.34% | 16.55% | 14.62% | 14.41% | 14% | 14.32% | 13.71% | 13.52% | 12.32% | 12.46% | 11.96% | 12.43% | 13.15% |
| Selling, General & Admin | 103.3M | 108.93M | 103.6M | 102.1M | 105M | 101.9M | 100.2M | 100.1M | 99.5M | 96.6M | 94.5M | 95.9M | 98M | 8.4M | 101.9M | 99.1M | 95.2M | 8.5M | 90.5M | 87.4M |
| SG&A % of Revenue | 14.31% | 15.5% | 14.61% | 13.44% | 14.98% | 14.37% | 13.83% | 13.59% | 15.74% | 13.87% | 13.63% | 13.07% | 13.47% | 1.15% | 13.14% | 11.96% | 12.08% | 1.06% | 12.04% | 12.41% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 24.64M | 26.68M | 30.27M | 30.9M | 14.52M | 22.64M | 30.04M | 30.92M | 13.46M | 27.94M | 32.02M | 25.07M | 18.12M | 23.91M | 31.74M | 34.77M | 30.13M | 31.3M | 27.33M | 23.76M |
| Operating Margin % | 3.41% | 3.8% | 4.27% | 4.07% | 2.07% | 3.19% | 4.15% | 4.2% | 2.13% | 4.01% | 4.62% | 3.42% | 2.49% | 3.26% | 4.09% | 4.2% | 3.82% | 3.91% | 3.64% | 3.37% |
| Operating Income Growth % | 69.65% | 17.85% | 0.75% | -0.07% | 7.86% | -18.99% | -6.19% | 23.33% | -25.68% | 16.88% | 0.89% | -27.89% | -39.88% | -23.63% | 16.14% | 46.31% | 113.41% | 58.43% | 29.66% | 124.44% |
| EBITDA | 27.44M | 29.53M | 36.02M | 33.8M | 17.62M | 25.84M | 33.34M | 34.19M | 16.76M | 31.14M | 35.31M | 28.16M | 21.19M | 26.89M | 34.76M | 37.76M | 33.13M | 34.34M | 30.27M | 26.82M |
| EBITDA Margin % | 3.8% | 4.2% | 5.08% | 4.45% | 2.51% | 3.64% | 4.6% | 4.64% | 2.65% | 4.47% | 5.09% | 3.84% | 2.91% | 3.67% | 4.48% | 4.56% | 4.2% | 4.29% | 4.03% | 3.81% |
| EBITDA Growth % | 55.7% | 14.29% | 8.04% | -1.16% | 5.12% | -17.03% | -5.58% | 21.4% | -20.89% | 15.83% | 1.59% | -25.41% | -36.03% | -21.71% | 14.81% | 40.8% | 91.64% | 49.14% | 21.54% | 92.33% |
| D&A (Non-Cash Add-back) | 2.8M | 2.85M | 5.75M | 2.9M | 3.1M | 3.2M | 3.3M | 3.27M | 3.3M | 3.2M | 3.29M | 3.09M | 3.07M | 2.98M | 3.02M | 2.99M | 2.99M | 3.04M | 2.95M | 3.05M |
| EBIT | 24.64M | 27.16M | 33.95M | 30.87M | 17.41M | 22.67M | 30.01M | 31.34M | 13.47M | 27.98M | 32.09M | 26.78M | 19M | 23.91M | 31.73M | 34.8M | 30.11M | 31.3M | 27.3M | 23.73M |
| Net Interest Income | 3.36M | 3.56M | 3.69M | 3.22M | 3.9M | 4.67M | 4.84M | 4.65M | 4.57M | 0 | 2.69M | 1.87M | 1.29M | 0 | 0 | -27K | 0 | -1K | 0 | 0 |
| Interest Income | 3.36M | 3.56M | 3.69M | 3.22M | 3.9M | 4.67M | 4.84M | 4.65M | 4.57M | 0 | 2.69M | 1.87M | 1.29M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 27K | 0 | 1K | 0 | 0 |
| Other Income/Expense | -1.05M | 482K | 3.69M | 3.22M | 3.98M | 4.67M | 6.54M | 4.65M | 4.57M | 4.11M | 2.69M | 1.87M | 1.29M | 764K | 308K | 15K | -3K | -2K | 0 | 14K |
| Pretax Income | 23.59M | 27.16M | 33.95M | 34.11M | 18.5M | 27.31M | 36.58M | 35.57M | 18.03M | 32.06M | 34.71M | 26.95M | 19.4M | 24.67M | 32.05M | 34.78M | 30.13M | 31.3M | 27.33M | 23.78M |
| Pretax Margin % | 3.27% | 3.86% | 4.79% | 4.49% | 2.64% | 3.85% | 5.05% | 4.83% | 2.85% | 4.6% | 5.01% | 3.67% | 2.67% | 3.37% | 4.13% | 4.2% | 3.82% | 3.91% | 3.64% | 3.38% |
| Income Tax | 6.37M | 6.45M | 9.21M | 9.32M | 5.02M | 6.59M | 9.52M | 9.41M | 4.88M | 8.28M | 9.11M | 7.25M | 5.21M | 5.85M | 8.84M | 9.39M | 8.34M | 8.92M | 7.28M | 6.49M |
| Effective Tax Rate % | 26.98% | 23.75% | 27.14% | 27.33% | 27.12% | 24.13% | 26.02% | 26.45% | 27.05% | 25.82% | 26.25% | 26.9% | 26.83% | 23.71% | 27.59% | 26.99% | 27.68% | 28.49% | 26.65% | 27.28% |
| Net Income | 17.22M | 20.71M | 24.74M | 24.79M | 13.48M | 20.72M | 27.06M | 26.16M | 13.15M | 23.78M | 25.6M | 19.7M | 14.2M | 18.82M | 23.21M | 25.4M | 21.79M | 22.39M | 20.05M | 17.29M |
| Net Margin % | 2.39% | 2.95% | 3.49% | 3.26% | 1.92% | 2.92% | 3.73% | 3.55% | 2.08% | 3.41% | 3.69% | 2.69% | 1.95% | 2.57% | 2.99% | 3.07% | 2.76% | 2.8% | 2.67% | 2.46% |
| Net Income Growth % | 27.76% | -0.04% | -8.57% | -5.24% | 2.49% | -12.86% | 5.71% | 32.82% | -7.35% | 26.32% | 10.31% | -22.45% | -34.85% | -15.91% | 15.77% | 46.88% | 113.98% | 37.36% | 18.4% | 126.25% |
| Net Income (Continuing) | 17.22M | 20.71M | 24.74M | 24.79M | 13.48M | 20.72M | 27.06M | 26.16M | 13.15M | 23.78M | 25.6M | 19.7M | 14.2M | 18.82M | 23.21M | 25.4M | 21.79M | 22.39M | 20.05M | 17.29M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.68 | 0.82 | 0.97 | 0.97 | 0.51 | 0.78 | 1.02 | 0.99 | 0.50 | 0.90 | 0.97 | 0.75 | 0.54 | 0.71 | 0.88 | 0.96 | 0.83 | 0.85 | 0.76 | 0.66 |
| EPS Growth % | 33.33% | 5.13% | -4.9% | -2.02% | 2% | -13.33% | 5.15% | 32% | -7.41% | 26.76% | 10.23% | -21.88% | -34.94% | -16.47% | 15.79% | 45.45% | 112.82% | 37.1% | 18.75% | 127.59% |
| EPS (Basic) | 0.68 | 0.82 | 0.98 | 0.98 | 0.52 | 0.79 | 1.03 | 0.99 | 0.50 | 0.90 | 0.97 | 0.75 | 0.54 | 0.72 | 0.88 | 0.97 | 0.83 | 0.85 | 0.77 | 0.66 |
| Diluted Shares Outstanding | 25.28M | 25.33M | 25.49M | 25.52M | 26.22M | 26.48M | 26.5M | 26.52M | 26.52M | 26.49M | 26.43M | 26.36M | 26.44M | 26.48M | 26.45M | 26.43M | 26.41M | 26.37M | 26.37M | 26.36M |
| Basic Shares Outstanding | 25.2M | 25.22M | 25.35M | 25.41M | 26.08M | 26.32M | 26.29M | 26.35M | 26.36M | 26.3M | 26.26M | 26.26M | 26.32M | 26.31M | 26.28M | 26.27M | 26.25M | 26.23M | 26.2M | 26.19M |
| Dividend Payout Ratio | 29.26% | 18.25% | 15.36% | 15.37% | 29% | 12.68% | 9.72% | 10.07% | 20.04% | 8.84% | 8.21% | 10.66% | 14.84% | - | - | - | - | 117.15% | - | - |