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PC Connection Inc
F:PCC

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PC Connection Inc
F:PCC
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Price: 60.5 EUR 2.54%
Market Cap: €1.6B

PC Connection Inc
Investor Relations

PC Connection Inc. is an information technology reseller that sells computers, software, networking gear, and related services to businesses, government agencies, schools, and individual customers. It does not make the hardware itself; instead, it sources products from major tech vendors and packages them into complete purchases for customers that need help choosing, configuring, and supporting their IT equipment. The company makes money mainly by reselling third-party technology products and by charging for services such as system configuration, deployment, and support. A large part of its value comes from acting as an intermediary that can simplify buying decisions for customers who need many different brands and product types in one place. What makes PC Connection’s business different is that it sits in the middle of the IT supply chain as a distributor and service partner, not a software maker or hardware manufacturer. Its customers rely on it to save time, reduce purchasing complexity, and get the right mix of equipment and support for their workplaces and networks.

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Last Earnings Call
Fiscal Period
Q1 2026
Call Date
Apr 29, 2026
AI Summary
Q1 2026

Topline beat: Connection said Q1 was a solid start to 2026, with gross billings up 4.3% to $1 billion and net sales up 3% to $721.9 million, helped by strength in Business Solutions and Enterprise Solutions.

Margins improved: Gross profit rose 4.3% to $132.7 million and gross margin expanded 20 basis points to 18.4%, while operating income jumped 39.3% to $20.2 million.

Supply constraints: Management said memory shortages and related price increases started to affect the quarter, leading some customers to buy early while others delayed orders because of budgets and timing.

Backlog surge: Backlog reached its highest level since mid-2022, but management said it does not see evidence of widespread double ordering and believes most activity reflects customers trying to secure supply.

Outlook tone: Management expects PC refresh demand, data center modernization and AI adoption to stay strong through 2026, though it warned the second half could soften if pricing and supply dynamics ease.

Capital return: The company bought back about 42,000 shares for $2.4 million, paid a $0.20 dividend, and declared another $0.20 dividend for May 29, 2026.

Key Financials
Gross billings
$1 billion
Net sales
$721.9 million
Gross profit
$132.7 million
Gross margin
18.4%
Business Solutions net sales
$275.6 million
Business Solutions gross profit
$67.5 million
Business Solutions gross margin
24.5%
Public Sector Solutions net sales
$99.8 million
Public Sector Solutions gross billings
$135.7 million
Public Sector Solutions gross margin
15%
Enterprise Solutions net sales
$346.5 million
Enterprise Solutions gross profit
$50.2 million
Enterprise Solutions gross billings
$439.6 million
Enterprise Solutions gross margin
14.5%
SG&A
15.2% of net sales
Operating income
$20.2 million
Operating income margin
2.8%
Net income
$17.2 million
Diluted earnings per share
$0.68
Adjusted EBITDA
$132.3 million
Dividend
$0.20 per share
Share repurchases
42,000 shares
Operating cash flow
$14.3 million
Cash, cash equivalents and short-term investments
$411.4 million
Inventory increase
$50.7 million
Accounts receivable increase
$13.7 million
Accounts payable increase
$58.1 million
Earnings Call Recording
Other Earnings Calls

Management

Ms. Patricia Gallup
Co-Founder, Chair of the Board & Chief Administrative Officer
No Bio Available
Mr. Timothy J. McGrath
President & CEO
No Bio Available
Mr. Jay E. Bothwick J.D.
Independent Vice Chairman & Secretary
No Bio Available
Mr. Thomas C. Baker
Senior VP, CFO & Treasurer
No Bio Available
Mr. Brian Hicks
Senior Vice President of Product Management & Operations
No Bio Available
Scott Sova
Chief Information Officer
No Bio Available
Kyle Reeb
Vice President of Legal Services & Administration
No Bio Available
Ms. Joan Evans
Senior Vice President of Human Resources
No Bio Available
Mr. Larry S. Kirsch
President of Public Sector Solutions Group
No Bio Available
Mr. Jamal Khan
Chief Growth & Innovation Officer
No Bio Available

Contacts

Address
NEW HAMPSHIRE
Merrimack
Route 101A, 730 Milford Rd
Contacts
+16036832000.0
www.connection.com
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