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CDW shares outstanding CDW

Diluted shares outstanding, averaged over each quarter, from 2012.

Latest quarter, to Jun 30, 2026
127.4M
On a year earlier
−3.8%
fewer shares

CDW had 127.4M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.

That is 3.8% fewer than a year earlier, so each share owns a little more of the company.

Shares outstanding over time

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearShares, fourth quarterChange
FY2025130.6M−3%
FY2024134.3M−1%
FY2023136M−1%
FY2022137.3M−0%
FY2021137.8M−5%
FY2020145.1M−1%
FY2019146.6M−4%
FY2018152.1M−2%
FY2017155.2M−5%
FY2016163.3M−4%
FY2015170.3M−2%
FY2014173.1M+1%
FY2013171.8M+18%
FY2012145.8Mn/a

Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.

Quarter by quarter

QuarterEndedShares outstandingOn a year earlier
Q2 FY26127.4M−4%
Q1 FY26129.5M−3%
Q4 FY25130.6M−3%
Q3 FY25131.8M−2%
Q2 FY25132.4M−2%
Q1 FY25133.5M−2%
Q4 FY24134.3M−1%
Q3 FY24134.9M−1%
Q2 FY24135.6M−0%
Q1 FY24136M−1%
Q4 FY23136M−1%
Q3 FY23135.9M−1%

What the shares outstanding tells you

Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.

A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.

More on CDW

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.