PC Connection (CNXN) Q2 2026 Earnings: EPS Beats by 26%, Revenue Hits $854M
As seen on the 24/7 Wall St. homepage on July 29, 2026.
PC Connection delivered a 26% EPS beat as enterprise AI adoption and notebook refresh cycles drove customer spending well past analyst forecasts, with revenue up 12% to $854 million and gross margins expanding 30 basis points. Operating leverage kicked in hard: disciplined cost management and a richer product mix of high-margin notebooks and software lifted operating income 39%.
Continue ReadingShow less
PC Connection reported Q2 2026 earnings per share of $1.31, well above the $1.04 analyst estimate — a 26% beat. Revenue came in at $854 million, topping forecasts by roughly 11%, with enterprise AI adoption and notebook refresh cycles credited as the primary demand drivers. Gross margins also edged higher, expanding 30 basis points year over year.
The bigger story may be on the operating side. Operating income surged 39%, reflecting both disciplined cost management and a shift toward higher-margin products like notebooks and software. That combination of top-line momentum and operating leverage is a meaningful signal that the revenue growth is translating efficiently into profit.
Disclosure
1 INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE Brokerage and Active investing products offered through SoFi Securities LLC, member FINRA( www.finra.org )/SIPC( www.sipc.org ). 2 The probability of a member receiving $3,000 is 0.028%. If you don’t make a selection in 45 days, you’ll no longer qualify for the promo. Members must fund their account with a minimum of $50.00 to qualify. The probability percentage is subject to decrease. Members are only eligible for the Stock Award promotion upon opening their first brokerage account; subsequent cash brokerage accounts are ineligible for the promo, including for members with multiple accounts. 3 Other fees, such as exchange fees, may apply. Please view our fee disclosure to view a full listing of fees. 4 There are limitations with fractional shares to consider before investing. During market hours fractional share orders are transmitted immediately in the order received. There may be system delays from receipt of your order until execution and market conditions may adversely impact execution prices. Outside of market hours orders are received on a not held basis and will be aggregated for each security then executed in the morning trade window of the next business day at market open. Share will be delivered at an average price received for executing the securities through a single batched order. Fractional shares may not be transferred to another firm. Fractional shares will be sold when a transfer or closure request is initiated. Please consider that selling securities is a taxable event.
SoFi Active Invest is offering a limited-time promotion. Open an account, fund it with $50 or more, and you could receive up to $1,000 in complimentary stock for Active Invest accounts. See for yourself by clicking here now. (Sponsor)
Zooming out on CNXN's recent EPS history adds context: the company missed estimates in Q3 and Q4 2024 and again in Q3 2025, but has now beaten in each of the last three quarters — Q4 2025 ($0.91 reported vs. $0.86 estimated), Q1 2026 ($0.77 vs. $0.62), and now Q2 2026. The consistency of those beats, particularly the widening margin of outperformance in the most recent quarter, suggests the enterprise spending tailwind may be more durable than the Street had assumed.
Mentioned: CNXN