Earnings ·
PC Connection reports Q3 net sales of $874.3M, up 23.3%, and declares $0.20 quarterly dividend
CNXNPC Connection Inc
PC Connection announced third-quarter 2026 financial results showing net sales of $874.3 million, a 23.3% increase year-over-year, driven by strong demand in its Enterprise Solutions segment which grew 27.4%. Gross billings rose 19.4% to $1.3 billion, while gross profit increased 16.7% to $161.9 million despite a 110 basis point compression in gross margin to 18.5%. Net income climbed 27.2% to $31.5 million, or $1.24 per diluted share, compared to $0.97 in the prior-year period. The Board of Directors also declared a quarterly cash dividend of $0.20 per share, payable on November 27, 2026, to shareholders of record as of November 10, 2026. PC Connection is an information technology solutions provider serving business, government, healthcare, and education markets.