Inferra AI / Company / SNX
TD Synnex
SNX · Information Technology
Last earnings Sep 24, 2026
Key results
Revenuequarter
4.4%
On a constant currency (1) basis, revenue increased by 4.4% year over year.
SEC original ↗TD Synnex — Earnings release (8-K exhibit)EX-99Sep 25, 2025
Free cash flowquarter
$214 million
Cash provided by operations of $246 million and free cash flow (1) of $214 million.
SEC original ↗TD Synnex — Earnings release (8-K exhibit)EX-99Sep 25, 2025
Revenuefull-year
4.4%
On a constant currency (1) basis, revenue increased by 4.4%, driven by growth in both our Advanced Solutions and Endpoint Solutions portfolios.
SEC original ↗TD Synnex — Earnings release (8-K exhibit)EX-99Sep 25, 2025
A greater percentage of our sales were presented on a net basis due to the mix of products sold, which negatively impacted our revenue compared to the prior fiscal third quarter by approximately 5%.
SEC original ↗TD Synnex — Earnings release (8-K exhibit)EX-99Sep 25, 2025
Gross marginfull-year
7.2%
Gross margin was 7.2%, compared to 6.5%.
SEC original ↗TD Synnex — Earnings release (8-K exhibit)EX-99Sep 25, 2025
Operating incomefull-year
$384 million
Operating income was $384 million, compared to $303 million.
SEC original ↗TD Synnex — Earnings release (8-K exhibit)EX-99Sep 25, 2025
Non-GAAP operating incomefull-year
$475 million
Non-GAAP operating income (1) was $475 million, compared to $393 million.
SEC original ↗TD Synnex — Earnings release (8-K exhibit)EX-99Sep 25, 2025
Operating marginfull-year
2.5%
Operating margin was 2.5%, compared to 2.1%.
SEC original ↗TD Synnex — Earnings release (8-K exhibit)EX-99Sep 25, 2025
Gross marginquarter
$1,129,853 thousand
Gross profit 1,129,853 961,048 3,174,232 2,940,361
SEC original ↗TD Synnex — Earnings release (8-K exhibit)EX-99Sep 25, 2025
Operating incomequarter
$383,657 thousand
Operating income 383,657 302,879 1,016,255 869,399
SEC original ↗TD Synnex — Earnings release (8-K exhibit)EX-99Sep 25, 2025
Net incomequarter
$226,795 thousand
Net income $ 226,795 $ 178,556 $ 579,253 $ 494,289
SEC original ↗TD Synnex — Earnings release (8-K exhibit)EX-99Sep 25, 2025
Non-GAAP Net incomequarter
$296,244 thousand
net income $ 296,244 $ 245,439 $ 784,132 $ 748,523
SEC original ↗TD Synnex — Earnings release (8-K exhibit)EX-99Sep 25, 2025
Non-GAAP EPSquarter
(1)
Diluted EPS (1) $ 3.45 $ 3.95 (1)
SEC original ↗TD Synnex — Earnings release (8-K exhibit)EX-99Sep 25, 2025
AI analysis
Q3 FY2025 · reported Sep 25, 2025
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q3 FY2025 | Prior qtr | Year ago |
|---|---|---|---|
| Revenue | 4.4% | — | — |
| Free cash flow | $214 million | — | — |
| Gross margin | $1,129,853 thousand | — | — |
| Operating income | $383,657 thousand | — | — |
| Net income | $226,795 thousand | — | — |
| Non-GAAP Net income | $296,244 thousand | — | — |
| Non-GAAP EPS | (1) | — | — |
Guidance · company-stated
Direction: Raised
“htm EX-99.1 Document Exhibit 99.1 TD SYNNEX Reports Record Fiscal 2025 Third Quarter Results Revenue of $15.7 billion, an increase of 6.6% year over year and above the high end of our outlook.”
“Non-GAAP gross billings (1) of $22.7 billion, an increase of 12.1% year over year and above the high end of our outlook.”
“Non-GAAP gross billings (1) were $22.7 billion, compared to $20.3 billion, representing an increase of 12.1% and above the high end of our outlook.”
Classified from the release's primary full-year outlook statement.
Margin
Cash flow & capex
Capital allocation
Returned $210 million to stockholders in the form of $174 million of share repurchases and $36 million in dividends.
Event summary
TD SYNNEX Reports Record Fiscal 2025 Third Quarter Results Revenue of $15.7 billion, an increase of 6.6% year over year and above the high end of our outlook
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
Direction: Raised
Revenue: “htm EX-99.1 Document Exhibit 99.1 TD SYNNEX Reports Record Fiscal 2025 Third Quarter Results Revenue of $15.7 billion, an increase of 6.6% year over year and above the high end of our outlook.”
Company outlook: “Non-GAAP gross billings (1) of $22.7 billion, an increase of 12.1% year over year and above the high end of our outlook.”
Company outlook: “Non-GAAP gross billings (1) were $22.7 billion, compared to $20.3 billion, representing an increase of 12.1% and above the high end of our outlook.”
Revenue — Raised (“increase”)
“htm EX-99.1 Document Exhibit 99.1 TD SYNNEX Reports Record Fiscal 2025 Third Quarter Results Revenue of $15.7 billion, an increase of 6.6% year over year and above the high end of our outlook.”
Company outlook — Raised (“increase”)
“Non-GAAP gross billings (1) of $22.7 billion, an increase of 12.1% year over year and above the high end of our outlook.”
Company outlook — Raised (“increase”)
“Non-GAAP gross billings (1) were $22.7 billion, compared to $20.3 billion, representing an increase of 12.1% and above the high end of our outlook.”
Classified from the release's primary full-year outlook statement.
Capital allocation
Returned $210 million to stockholders in the form of $174 million of share repurchases and $36 million in dividends.
SEC original ↗TD Synnex — Earnings release (8-K exhibit)EX-99Sep 25, 2025
Announced a quarterly cash dividend of $0.44 per common share, up 10% year over year.
SEC original ↗TD Synnex — Earnings release (8-K exhibit)EX-99Sep 25, 2025
We returned $210 million to stockholders in the form of share repurchases and dividends, compared to $91 million.
SEC original ↗TD Synnex — Earnings release (8-K exhibit)EX-99Sep 25, 2025
Q4 2025 Outlook Revenue $16.5 - $17.3 billion Non-GAAP gross billings (1) $23.0 - $24.0 billion Net income $204 - $245 million Non-GAAP net income (1) $281 - $322 million Diluted earnings per share $2.50 - $3.00 Non-GAAP diluted earnings per share (1) $3.45 - $3.95 Estimated outstanding diluted weighted average shares 80.7 million Dividend TD SYNNEX announced today that its Board of Directors declared a quarterly cash dividend of $0.44 per common share.
SEC original ↗TD Synnex — Earnings release (8-K exhibit)EX-99Sep 25, 2025
The dividend is payable on October 31, 2025 to stockholders of record as of the close of business on October 17, 2025.
SEC original ↗TD Synnex — Earnings release (8-K exhibit)EX-99Sep 25, 2025
Trailing fiscal four quarters return on invested capital ( ROIC ), which is defined as the last four quarters tax effected operating income divided by the average of the last five quarterly balances of borrowings and equity, net of cash.
SEC original ↗TD Synnex — Earnings release (8-K exhibit)EX-99Sep 25, 2025
Strategy & priorities
Our performance is a clear result of our teams strong execution, a differentiated go-to-market strategy, and a global, end-to-end portfolio of products and services that is unrivaled.
SEC original ↗TD Synnex — Earnings release (8-K exhibit)EX-99Sep 25, 2025
These forward-looking statements include, but are not limited to, statements about our strategy, demand, plans and positioning, capital allocation, as well as guidance related to the fourth quarter of 2025.
SEC original ↗TD Synnex — Earnings release (8-K exhibit)EX-99Sep 25, 2025
Risks & headwinds
Such forward-looking statements are based upon management s current expectations and include known and unknown risks, uncertainties and other factors, many of which TD SYNNEX is unable to predict or control, that may cause TD SYNNEX actual results, performance, or plans to differ materially from any future results, performance or plans expressed or implied by such forward-looking statements.
SEC original ↗TD Synnex — Earnings release (8-K exhibit)EX-99Sep 25, 2025
Legal Proceedings 47 Item 1A.
SEC original ↗TD Synnex — 10-Q Quarterly report10-QOct 1, 2026
Accounts Receivable The Company maintains an allowance for doubtful accounts as an estimate to cover the future expected credit losses resulting from uncertainty regarding collections from customers or OEM vendors to make payments for outstanding balances.
SEC original ↗TD Synnex — 10-Q Quarterly report10-QOct 1, 2026
This disaggregation level appropriately depicts how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors.
SEC original ↗TD Synnex — 10-Q Quarterly report10-QOct 1, 2026
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
30 documents- Q3 2026
- 10-QSNX
Oct 1, 2026
- Q2 2026
- 8-KSNX
Sep 30, 2026
- 8-KSNX
Sep 24, 2026
- 8-KSNX
Aug 3, 2026
- 8-KSNX
Jul 16, 2026
- 8-KSNX
Jul 2, 2026
- 10-QSNX
Jul 2, 2026
- Q1 2026
- 8-KSNX
Jun 29, 2026
- 8-KSNX
Jun 25, 2026
- 8-KSNX
Jun 22, 2026
- 8-KSNX
Jun 3, 2026
- 8-KSNX
May 11, 2026
- 10-QSNX
Apr 2, 2026
- Q4 2025
- 8-KSNX
Mar 31, 2026
- 8-KSNX
Mar 27, 2026
- 10-KSNX
Jan 27, 2026
- 8-KSNX
Jan 26, 2026
- 8-KSNX
Jan 8, 2026
- Q3 2025
- 8-KSNX
Oct 10, 2025
- 8-KSNX
Oct 8, 2025
- 8-KSNX
Oct 2, 2025
- 10-QSNX
Oct 1, 2025
- Q2 2025
- 8-KSNX
Sep 25, 2025
- 8-KSNX
Sep 16, 2025
- 8-KSNX
Aug 21, 2025
- 10-QSNX
Jul 2, 2025
- Q1 2025
- 8-KSNX
Jun 24, 2025
- 8-KSNX
Apr 10, 2025
- 8-KSNX
Apr 8, 2025
- 10-QSNX
Apr 2, 2025
Earnings releases
6 documentsPresentations
0 documentsNo presentations for TD Synnex are held in this edition of the library.
Transcripts
0 documentsNo transcripts for TD Synnex are held in this edition of the library.
Mentioned by
1 companyOther tracked companies whose held documents mention TD Synnex by name or ticker. A mention is counted once per document, from the document text the library holds.
“ch is cash flow from operating activities reduced by purchases of property and equipment. TD SYNNEX… …Zammit, CEO of TD SYNNEX. “Enterprise AI adoption is progressing toward broader production deployments. Data center modernization remains a priority”
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