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TD SYNNEX (SNX) is a Information Technology company in the Russell 1000. Latest news and coverage below.
| FY2016Nov 2016 | FY2017Nov 2017 | FY2018Nov 2018 | FY2019Nov 2019 | FY2020Nov 2020 | FY2021Nov 2021 | FY2022Nov 2022 | FY2023Nov 2023 | FY2024Nov 2024 | FY2025Nov 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $14.1B | $17.0B | $20.1B | $19.1B | $20.0B | $31.6B | $62.3B | $57.6B | $58.5B | $62.5B |
| Growth (year over year) | +5.4% | +21.2% | +17.6% | −4.9% | +4.8% | +58.3% | +97.2% | −7.7% | +1.6% | +6.9% |
| Gross profit | $1.28B | $1.55B | $1.93B | $1.16B | $1.19B | $1.89B | $3.90B | $3.96B | $3.98B | $4.37B |
| Gross margin | 9.1% | 9.1% | 9.6% | 6.1% | 6.0% | 6.0% | 6.3% | 6.9% | 6.8% | 7.0% |
| Operating income | $379.6M | $507.3M | $550.2M | $519.4M | $521.3M | $623.2M | $1.05B | $1.08B | $1.19B | $1.41B |
| Operating margin | 2.7% | 3.0% | 2.7% | 2.7% | 2.6% | 2.0% | 1.7% | 1.9% | 2.0% | 2.3% |
| Net income | $234.9M | $300.2M | $300.0M | $500.7M | $529.2M | $395.1M | $651.3M | $626.9M | $689.1M | $827.7M |
| Net margin | 1.7% | 1.8% | 1.5% | 2.6% | 2.6% | 1.2% | 1.0% | 1.1% | 1.2% | 1.3% |
| EPS (diluted) | $5.88 | $7.48 | $7.17 | $9.74 | $10.21 | $6.24 | $6.77 | $6.70 | $7.95 | $9.95 |
| Balance sheet | ||||||||||
| Cash and equivalents | $380.7M | $550.7M | $454.7M | $225.5M | $1.41B | $994.0M | $522.6M | $1.03B | $1.06B | $2.44B |
| Total assets | $5.22B | $7.76B | $11.5B | $11.7B | $13.5B | $27.7B | $29.7B | $29.4B | $30.3B | $34.3B |
| Total liabilities | $3.24B | $5.41B | $8.11B | $7.91B | $9.13B | $19.8B | $21.7B | $21.2B | $22.2B | $25.8B |
| Long-term debt | $601.1M | $1.14B | $2.62B | $2.72B | $1.50B | $3.96B | $3.84B | $3.10B | $3.74B | $3.59B |
| Shareholders' equity | $1.98B | $2.29B | $3.44B | $3.79B | $4.34B | $7.91B | $8.03B | $8.18B | $8.04B | $8.45B |
| Cash flow | ||||||||||
| Operating cash flow | $324.7M | $176.8M | $100.7M | $549.9M | $1.83B | $809.8M | −$49.6M | $1.41B | $1.22B | $1.53B |
| Capital expenditure | $123.2M | $97.5M | $125.3M | $137.4M | $26.6M | $39.7M | $65.3M | $150.0M | $175.1M | $142.3M |
| Free cash flow | $201.5M | $79.2M | −$24.6M | $412.5M | $1.81B | $770.1M | −$114.9M | $1.26B | $1.04B | $1.39B |
| Dividends paid | $33.7M | $41.8M | $59.7M | $76.6M | $20.8M | $50.3M | $114.9M | $130.4M | $138.1M | $146.4M |
| Share buybacks | $6.92M | $0 | $66.0M | $15.2M | $3.40M | $0 | $125.0M | $620.7M | $611.9M | $596.1M |
| Q4 FY24†Nov 2024 | Q1 FY25Feb 2025 | Q2 FY25May 2025 | Q3 FY25Aug 2025 | Q4 FY25†Nov 2025 | Q1 FY26Feb 2026 | Q2 FY26May 2026 | Q3 FY26Aug 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $15.8B | $14.5B | $14.9B | $15.7B | $17.4B | $17.2B | $19.6B | $21.6B |
| Growth (year over year) | +10.0% | +4.0% | +7.2% | +6.6% | +9.7% | +18.1% | +31.0% | +37.7% |
| Gross profit | $1.04B | $998.0M | $1.05B | $1.13B | $1.19B | $1.25B | $1.34B | $1.43B |
| Gross margin | 6.6% | 6.9% | 7.0% | 7.2% | 6.9% | 7.3% | 6.8% | 6.6% |
| Operating income | $324.8M | $304.5M | $328.1M | $383.7M | $398.7M | $489.4M | $519.4M | $642.9M |
| Operating margin | 2.0% | 2.1% | 2.2% | 2.5% | 2.3% | 2.9% | 2.7% | 3.0% |
| Net income | $194.8M | $167.5M | $184.9M | $226.8M | $248.4M | $326.9M | $334.1M | $416.2M |
| Net margin | 1.2% | 1.2% | 1.2% | 1.4% | 1.4% | 1.9% | 1.7% | 1.9% |
| EPS (diluted) | $2.28 | $1.98 | $2.21 | $2.74 | $3.02 | $4.04 | $4.15 | $5.18 |
| Balance sheet | ||||||||
| Cash and equivalents | $1.06B | $541.9M | $767.1M | $874.4M | $2.44B | $1.56B | $1.09B | $749.3M |
| Total assets | $30.3B | $28.8B | $30.5B | $31.7B | $34.3B | $35.1B | $38.5B | $41.8B |
| Total liabilities | $22.2B | $20.7B | $22.2B | $23.2B | $25.8B | $26.3B | $29.6B | $32.5B |
| Long-term debt | $3.74B | $3.74B | $3.72B | $3.04B | $3.59B | $3.59B | $3.59B | $3.60B |
| Shareholders' equity | $8.04B | $8.05B | $8.34B | $8.45B | $8.45B | $8.78B | $8.95B | $9.30B |
| Cash flow | ||||||||
| Operating cash flow | $561.9M | −$748.0M | $573.2M | $246.1M | $1.46B | −$895.9M | −$265.6M | −$916.7M |
| Capital expenditure | $49.1M | $41.5M | $30.2M | $32.2M | $38.3M | $33.1M | $66.8M | $58.9M |
| Free cash flow | $512.9M | −$789.5M | $542.9M | $213.9M | $1.42B | −$929.0M | −$332.4M | −$975.6M |
| Dividends paid | $34.0M | $37.2M | $36.9M | $36.3M | $36.0M | $38.7M | $38.5M | $38.4M |
| Share buybacks | $102.0M | $100.5M | $148.8M | $173.8M | $173.0M | $79.7M | $112.4M | $100.3M |
From TD SYNNEX's 10-K and 10-Q filings with the SEC; its fiscal year ends in November. Each period shows the latest figure the company has reported for it, including restatements. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
TD Synnex Corporation is an American IT distribution for 1,500 technology vendors. Headquartered in Fremont, California, the company has a workforce of 24,000 and 150,000 customers in over 100 countries. It was formed in 2021 by the merger of Synnex and Tech Data. TD SYNNEX is led by CEO Patrick Zammit.
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