8/1011 sources · 5 publishersUpdated Oct 29, 06:55 UTC
PC Connection reports record Q3 2026 sales and profit, declares $0.20 dividend
PC Connection (CNXN) posted third‑quarter 2026 net sales of $874.3 million, up 23.3% year‑over‑year, and net income of $31.5 million, yielding diluted EPS of $1.24. Gross profit rose to $161.9 million but gross margin slipped to 18.5%, down 110 basis points. The board declared a quarterly dividend of $0.20 per share payable on November 27, 2026.
Why it matters
The company’s strong top‑line growth signals continued demand for AI‑ready infrastructure, while the margin decline highlights pricing pressure. The newly announced dividend provides an additional cash return to shareholders and may attract income‑focused investors.
Key facts
- 1Net sales were $874.3 million, a 23.3% increase year‑over‑year. stocktitan.net
- 2Gross profit was $161.9 million, up 16.7% year‑over‑year. stocktitan.net
- 3Gross margin fell to 18.5%, down 110 basis points from the prior year. stocktitan.net
- 4Net income increased 27.2% to $31.5 million. stocktitan.net
- 5Diluted earnings per share were $1.24. finance.yahoo.com
- 6Operating income rose 35.4% to $41 million, giving an operating margin of 4.7%. finance.yahoo.com
Summary written by AlphAI AI Desk from 11 of 11 sources. Not investment advice. Figures are as stated by the linked sources.