Filing Flows › PC Connection (CNXN) › Q3 2026
PC Connection (CNXN) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 28, 2026
PC Connection (CNXN) reported revenue of $874M for the third quarter 2026 (Q3 2026), +23% from a year earlier and +2% from the quarter before. Operating margin was 4.7%, net earnings $31.5M (3.6% of revenue).
PC Connection, Q3 2026: revenue $874M (+23% year over year), operating margin 4.7%, net earnings $31.5M, operating cash flow $9.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $874M | +2% | +23% |
| Gross profit | $162M | +3% | +17% |
| Operating profit | $41.0M | -5% | +35% |
| Net earnings | $31.5M | -5% | +27% |
| Operating cash flow | $9.7M | — | -85% |
| Free cash flow | $7.6M | — | -88% |
What changed
Revenue was $874.3M in Q3 2026, up 23% year over year and up 2% from the previous quarter. Notebooks/Mobility was the largest line at 32% of revenue. Notebooks/Mobility added $44.0M year over year (up 18%), 27% of the total change.
Gross margin was 18.5%, down 1.0 points from Q3 2025. Operating profit was $41.0M, a 4.7% margin (up 0.4 points year over year). Of the extra revenue versus Q3 2025, 6% reached operating profit, above the 4% margin then. Operating expenses grew 12% against revenue growth of 23%. Net earnings were $31.5M, up 27% year over year. The effective tax rate was 27.6%.
Operating cash flow was $9.7M (down 85% year over year), 31% of net earnings. Non-cash charges added back $2.6M of depreciation and amortization and $2.7M of share-based compensation. Working capital and other items used $27.0M. Capital expenditures of $2.1M left free cash flow of $7.6M.
Questions
What was PC Connection's revenue in the third quarter 2026?
PC Connection (CNXN) reported revenue of $874M for the third quarter 2026 (Q3 2026), +23% from a year earlier and +2% from the quarter before.
Was PC Connection profitable in the third quarter 2026?
Operating profit was $41.0M (4.7% of revenue) and net earnings $31.5M.
Source: PC Connection 10-Q on SEC EDGAR.