Earnings summaries and quarterly performance for TD SYNNEX.
Executive leadership at TD SYNNEX.
Patrick Zammit
President and Chief Executive Officer
Alim Dhanji
Executive Vice President and Chief Human Resources Officer
David Jordan
Executive Vice President and Chief Financial Officer
David Vetter
Chief Legal Officer
Dennis Polk
Hyve Solutions Executive
Board of directors at TD SYNNEX.
Research analysts who have asked questions during TD SYNNEX earnings calls.
Keith Housum
Northcoast Research
6 questions for SNX
Michael Ng
Goldman Sachs
6 questions for SNX
Adam Tindle
Raymond James
4 questions for SNX
David Paige
RBC Capital Markets
4 questions for SNX
David Vogt
UBS Group AG
4 questions for SNX
Joseph Cardoso
JPMorgan Chase & Co.
4 questions for SNX
Ruplu Bhattacharya
Bank of America
4 questions for SNX
Alek Valero
Loop Capital Markets
2 questions for SNX
Ananda Baruah
Loop Capital Markets LLC
2 questions for SNX
George Wang
Barclays PLC
2 questions for SNX
Maya Arms
Morgan Stanley
2 questions for SNX
Vincent Colicchio
Barrington Research Associates
2 questions for SNX
Ashish Sabadra
RBC Capital Markets
1 question for SNX
Catherine Campana
Goldman Sachs Group, Inc.
1 question for SNX
David Pace
RBC Capital Markets
1 question for SNX
David Paige Papadogonas
RBC Capital Markets
1 question for SNX
Erik Woodring
Morgan Stanley
1 question for SNX
George Wong
Barclays
1 question for SNX
Matthew Sheerin
Stifel
1 question for SNX
Maya Neuman
Morgan Stanley
1 question for SNX
Recent press releases and 8-K filings for SNX.
- TD SYNNEX reported record non-GAAP gross billings of $24.3 billion, an increase of 15% year-over-year, and record non-GAAP diluted earnings per share of $3.83, up 24% year-over-year for Q4 fiscal year 2025.
- The company's Hive segment experienced strong growth, with gross billings increasing by more than 50% year-over-year, driven by sustained broad-based demand in cloud data center infrastructure from hyperscaler customers.
- For Q1 fiscal year 2026, TD SYNNEX expects non-GAAP gross billings in the range of $22.7 billion to $23.7 billion, representing an increase of approximately 12% at the midpoint, and non-GAAP diluted earnings per share between $3.00 and $3.50.
- TD SYNNEX generated $1.4 billion in free cash flow for Q4 2025, bringing the annual free cash flow for fiscal year 2025 to $1.4 billion, and returned $742 million to shareholders during the fiscal year.
- TD SYNNEX achieved record non-GAAP gross billings of $24.3 billion in Q4 2025, a 15% year-over-year increase, and record non-GAAP diluted earnings per share of $3.83, up 24% year over year.
- For the full fiscal year 2025, the company generated $1.4 billion in free cash flow, marking the third consecutive year exceeding $1 billion, and returned $742 million to shareholders during the fiscal year.
- Hive's gross billings grew over 50% year over year in Q4 2025, driven by strong demand in cloud data center infrastructure, with continued investments planned for its capabilities and capacity.
- For Q1 fiscal year 2026, TD SYNNEX anticipates non-GAAP gross billings between $22.7 billion and $23.7 billion and non-GAAP diluted earnings per share in the range of $3.00 to $3.50.
- TD SYNNEX reported record non-GAAP gross billings of $24.3 billion, an increase of 15% year over year, and record non-GAAP diluted earnings per share of $3.83, up 24% year over year for Q4 2025.
- The company's Hyve business experienced significant growth with gross billings increasing more than 50% year over year, contributing to strong performance in the Advanced Solutions portfolio, which grew 17% year over year.
- For Q1 2026, TD SYNNEX anticipates non-GAAP gross billings in the range of $22.7-$23.7 billion and non-GAAP diluted earnings per share between $3-$3.50.
- TD SYNNEX generated $1.4 billion in free cash flow for both Q4 2025 and the full fiscal year 2025, and returned $742 million to shareholders in FY25 through share repurchases and dividends.
- SNX reported Q4 2025 non-GAAP gross billings of $24.3 billion, a 15% year-over-year increase, driven by broad-based growth across all regions and major product categories.
- Non-GAAP diluted EPS for Q4 2025 was $3.83, up 24% year-over-year, with the company also generating $1.4 billion in free cash flow and returning approximately $209 million to stockholders.
- The company's non-GAAP operating margin expanded by 20 basis points year-over-year to 2.86% in Q4 2025, attributed to favorable mix and disciplined margin management.
- For Q1 2026, SNX anticipates non-GAAP gross billings between $22.7 billion and $23.7 billion and non-GAAP diluted earnings per share between $3.00 and $3.50.
- TD SYNNEX reported record fiscal 2025 fourth quarter results for the period ended November 30, 2025, with revenue of $17.4 billion, an increase of 9.7% year over year, and non-GAAP diluted EPS of $3.83, an increase of 24.0% year over year.
- The company generated cash provided by operations of $1.5 billion and free cash flow of $1.4 billion in Q4 FY25.
- TD SYNNEX returned $209 million to stockholders, consisting of $173 million in share repurchases and $36 million in dividends. A quarterly cash dividend of $0.48 per common share was also announced.
- For the fiscal 2026 first quarter, the company provided the following outlook :
| Metric | Q1 2026 Outlook |
|---|---|
| Revenue ($USD Billions) | $15.1 - $15.9 |
| Non-GAAP diluted EPS ($USD) | $3.00 - $3.50 |
- TD SYNNEX reported record fiscal 2025 fourth quarter revenue of $17.4 billion, an increase of 9.7% year over year, and non-GAAP diluted EPS of $3.83, up 24.0% year over year.
- Non-GAAP gross billings for Q4 FY25 grew 14.7% year over year to $24.3 billion.
- The company generated $1.5 billion in cash from operations and $1.4 billion in free cash flow in Q4 FY25.
- TD SYNNEX returned $209 million to stockholders through share repurchases and dividends, and declared a quarterly cash dividend of $0.48 per common share.
- For the fiscal 2026 first quarter, the company projects revenue between $15.1 billion and $15.9 billion and non-GAAP diluted EPS between $3.00 and $3.50.
- TD SYNNEX (NYSE: SNX) launched its AI Infrastructure-as-a-Service (AI IaaS) offering in North America on October 8, 2025.
- This new service is made possible through a partnership with Nebius (NASDAQ: NBIS), an AI cloud service provider.
- The AI IaaS offering provides partners with direct access to NVIDIA GPUs on Nebius infrastructure, enabling them to deliver advanced AI solutions without upfront hardware investment.
- Key advantages for partners include rapid access to new-generation GPU hardware, lower capital expenditures, and the potential for double-digit margin.
- TD SYNNEX reported record third quarter fiscal 2025 non-GAAP gross billings of $22.7 billion, representing a 12% increase year-over-year (10% in constant currency), and record non-GAAP diluted earnings per share of $3.58, a 25% increase year-over-year, both exceeding the high end of their guidance.
- The company's HIVE segment demonstrated strong performance, with gross billings increasing in the mid-30s year-over-year and ODM/CM gross billings growing 57% year-over-year, primarily driven by hyperscaler investments in cloud infrastructure. This momentum is expected to continue into Q4.
- Other key growth areas included Endpoint Solutions, which saw gross billings increase 10% year-over-year due to continued demand for PCs (including AI PCs and the Windows 11 refresh cycle), and Software, which experienced a 26% increase in gross billings, fueled by cybersecurity and infrastructure software.
- For the fourth quarter of 2025, TD SYNNEX anticipates gross billings in the range of $23 billion to $24 billion and non-GAAP diluted earnings per share between $3.45 and $3.95.
- The full-year 2025 free cash flow expectation has been revised to approximately $800 million, down from the previous $1.1 billion, primarily due to higher working capital requirements stemming from stronger-than-anticipated growth in the second half of the year, particularly within the HIVE segment.
- TD SYNNEX reported record fiscal 2025 third quarter results, with non-GAAP gross billings of $22.7 billion, an increase of 12.1% year over year, and non-GAAP diluted EPS of $3.58.
- Revenue for the quarter was $15.7 billion, an increase of 6.6% year over year.
- The company generated $246 million in cash provided by operations and $214 million in free cash flow.
- TD SYNNEX returned $210 million to stockholders, consisting of $174 million in share repurchases and $36 million in dividends.
- A quarterly cash dividend of $0.44 per common share was announced, marking a 10% increase year over year.
- TD SYNNEX reported fiscal Q2 2025 revenue of $14.9 billion, an increase of 7.2% year over year, and non-GAAP gross billings of $21.6 billion, up 12.1% year over year.
- The company's diluted EPS was $2.21 and non-GAAP diluted EPS was $2.99, both exceeding the high end of their outlook.
- Cash provided by operations significantly improved to $573 million and free cash flow was $543 million in Q2 2025.
- TD SYNNEX returned $186 million to stockholders through share repurchases and dividends, and announced a 10% increase in its quarterly cash dividend to $0.44 per common share.
- For fiscal Q3 2025, the company anticipates revenue between $14.7 billion and $15.5 billion, and non-GAAP diluted EPS between $2.75 and $3.25.
Quarterly earnings call transcripts for TD SYNNEX.
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