PC Connection, Inc.

60.88-1.57 (-2.51%)

Oct 29, 4:00:01 PM EDT · NasdaqGS · CNXN · USD

Upcoming Earnings

Report date

Key Stats

Market Cap

1.55B

P/E (TTM)

18.50

Basic EPS (TTM)

3.29

Dividend Yield

0.01%

Recent Filings

10-Q

10/29/25Oct 29, 2025

8-K

10/29/25Oct 29, 2025

10-Q

Q2 FY2025 results

7/30/25Jul 30, 2025

PC Connection's Q2 revenue climbed 3.2% year-over-year to $759.7M, fueled by stronger enterprise and business solutions, yet public sector dipped 11.9% on delayed K-12 buys. Gross margin slipped to 18.1% from 18.5%, hit by lower software fees, while operating income held steady at $30.9M. Diluted EPS edged down to $0.97 from $0.99, matching 25,520,000 shares. Cash swelled to $186.7M with $159.4M in short-term investments; free cash flow turned negative at -$29.5M (derived) amid inventory builds for tariffs. Stock buybacks totaled $60.5M. Substantial competition could squeeze margins further.

8-K

Q2 sales rise 3.2%

7/30/25Jul 30, 2025

PC Connection reported Q2 2025 net sales of $759.7 million, up 3.2% year-over-year, fueled by data center refreshes and Windows 11 migrations boosting servers/storage and endpoint devices. Gross margin slipped 40 basis points to 18.1%, while net income dipped 5.2% to $24.8 million, or $0.97 diluted EPS. The board declared a $0.15 quarterly dividend, payable August 29. Enterprise and business segments grew, but public sector sales fell 11.9%. Cash reserves stand strong at $346.1 million.

8-K

Annual meeting approvals passed

5/14/25May 14, 2025

PC Connection, Inc. held its 2025 Annual Meeting on May 14, electing six directors—Patricia Gallup, David Beffa-Negrini, Jay Bothwick, Barbara Duckett, Jack Ferguson, and Gary Kinyon—to serve until 2026, with strong support for most but notable withheld votes for Gallup and Beffa-Negrini. Stockholders approved executive compensation advisory, a three-year frequency for future votes, amendments boosting shares in the 2020 Stock Incentive Plan to 1,652,500 and the 1997 Employee Stock Purchase Plan to 1,352,500, and ratified Deloitte & Touche LLP as auditors for 2025. All directors won. These moves signal robust governance alignment.

About

PC Connection, Inc., together with its subsidiaries, provides various information technology (IT) solutions worldwide. The company operates through three segments, Enterprise Solutions, Business Solutions, and Public Sector Solutions. It offers IT solutions, including computer systems, data center solutions, software and peripheral equipment, networking communications, and other products and accessories; and portfolio of managed services and professional services, as well as provides services related to design, configuration, and implementation of IT solutions. The company markets its products and services through its websites comprising connection.com, connection.com/enterprise, connection.com/publicsector, cnxnhelix.com, and macconnection.com. It serves small to medium-sized businesses that include small office/home office customers; federal, state, and local government and educational institutions; enterprise customers; medium-to-large corporations through outbound inside and field sales; digital, web, and print media advertising; and targeted marketing program to specific customer populations. PC Connection, Inc. was founded in 1982 and is headquartered in Merrimack, New Hampshire.

CEO

Ms. Patricia Gallup

IPO

3/3/1998

Website

https://www.connection.com

Employees

2,580

Sector

Technology

Industry

Electronics & Computer Distribution