SNX · Td Synnex Corp

Track SNX — free

$256.85 -1.34 (-0.52%) At close · Sep 30

S&P 400 member Russell 1000 member Rebalance outlook locked

Market Cap

$21.03B

79.96M

Volume · Sep 30 800.81K Avg daily vol (3M) 820.21K

Up next

Next earnings call

Dec 22, 2026 Est · unconfirmed · in 12 wks

Latest filing: 10-Q

filed Jul 2, 2026

Q3 2026 earnings call transcript

call held Sep 24, 2026

Metrics snapshot

Useful current figures from the complete screener profile.

View all 115 metrics

Revenue (TTM)

$69.77B

Trailing 12 months

Net income (TTM)

$1.14B

Trailing 12 months

Revenue growth YoY

+31.0%

Year over year

Operating margin

2.6%

Trailing 12 months

P / E (TTM)

18.5

Trailing earnings · reciprocal yield 5.4%

FCF yield

1.8%

TTM · current market cap

Return on invested capital

—

Trailing 12 months

Net cash

—

Latest balance sheet

Dividend yield

—

Trailing 12 months

Shares change YoY

-3.8%

Year over year · fewer shares

Price change (1Y)

+55.5%

Trailing year

Short interest

2.0%

Latest settlement · 3.0 days to cover

View all 115 metrics

AI Brief

Q3 FY26 earnings call · Sep 24, 2026

Q3 FY26

TL;DR. TD SYNNEX delivered a record Q3 FY26 with non-GAAP gross billings of $31.8B (+40% YoY) and non-GAAP EPS of $5.68 (+58.7% YoY), both above the high end of guidance; Q4 FY26 guidance calls for non-GAAP EPS of $5.65–$6.15, though free cash flow was a $976M use as Hive working capital investments ramped ahead of new programs.

Bullish

+ Record non-GAAP gross billings of $31.8B, up 40% YoY, above high end of guidance
+ Non-GAAP EPS of $5.68, up 58.7% YoY, above high end of guidance
+ Hive gross billings surged 117% YoY to $7B, with manufacturing +130%
+ Distribution gross billings grew 27% to $24.8B, above market across every region

Bearish

− Free cash flow was a $976M use in Q3 due to Hive working capital build
− GAAP gross margin contracted 61 bps YoY to 6.61% on product and customer mix
− Hive non-GAAP operating margin fell to 3.61% from 5.04% YoY on AI rack program dilution
− Gross cash conversion cycle lengthened 5 days sequentially and 6 days YoY to 22 days
− Net leverage rose to 1.9x with $749M cash balance, down from $2.44B at fiscal year-end

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice

Overall

Buy

SellHoldBuy

Technical Neutral Momentum Very Strong Sentiment Bullish Fundamentals Excellent Quant / Vol High

Market backdrop VIX 16.3 · calm Equity put/call 0.53

Technical

price trend

Neutral

50 / 200-day cross No cross

Price vs 200-day avg +20%

above

Price vs 50-day avg −0%

below

RSI (14) 46

neutral

MACD trend Negative

52-week position 77%

mid-range

Volume (OBV) Confirms

volume backs price

Momentum

relative strength

Very Strong

1-month return +2%

trailing

6-month return +29%

trailing

YTD return +71%

this year

Relative strength +17%

vs S&P · 6-mo

Sentiment

smart money

Bullish

Trend (MA cross) No cross

50d $258 › 200d $214 — 50d above 200d

Institutional flow Accumulating

+22% holders QoQ · +177 funds added

Insider flow Distributing

Net -$326.0K over 90 days · 100% sells

Short interest Falling

1.97% of float · ▼ -4.8% MoM · 3.0 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

744 holders — near 3-yr high, broad support

Squeeze score 44

elevated · 0–100

Fundamentals

Excellent

Revenue growth +18%

Y/Y

Gross margin 22%

contracting

EPS growth +25%

Y/Y

Free cash flow $1.5B

Valuation P/E 18.9

below peers

Buyback $1.0B

remaining

Balance sheet $2.2B

net debt

Quant / Vol

risk profile

High

Volatility 34%

annualized · 1-yr

Max drawdown −19%

past year

ATR 4.3%

of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

what management promised — and delivered

Beat or met 5 of last 7

Latest guidance · from the 8-K filed Sep 24, 2026

Revenue · Q4 2026 Outlook Initiated $21.8B – $22.6B

prior qtr $19.57B midpoint +13.4% QoQ

Non-GAAP gross billings · Q4 2026 Outlook Initiated $31.4B – $32.4B

Net income · Q4 2026 Outlook Initiated $368M – $408M

Non-GAAP net income · Q4 2026 Outlook Initiated $454M – $494M

Diluted earnings per share · Q4 2026 Outlook Initiated $4.58 – $5.08

prior qtr $4.15 midpoint +16.4% QoQ

Non-GAAP diluted earnings per share · Q4 2026 Outlook Initiated $5.65 – $6.15

Prior guidance period ended · from the 8-K filed Jun 25, 2026

Net income · Q3 2026 Outlook $273M – $313M

Non-GAAP diluted earnings per share · Q3 2026 Outlook $4.25 – $4.75

Diluted earnings per share · Q3 2026 Outlook $3.40 – $3.90

Non-GAAP net income · Q3 2026 Outlook $341M – $381M

Guided vs delivered · last 7 settled

Diluted earnings per share Q3 2024 Outlook

guided $1.77 – $2.27

guided $1.77 – $2.27 $2.08 In line

Diluted earnings per share Q2 2024

guided $1.59 – $2.09

guided $1.59 – $2.09 $1.66 In line

Revenue Q1 2024

guided $14B – $14.7B

guided $14B – $14.7B $13.98B Miss −2.6%

Diluted earnings per share Q1 2024

guided $1.65 – $2.15

guided $1.65 – $2.15 $1.93 In line

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Neutral

1 · 5 · 1

50 / 200-day cross

No cross Neutral

Price vs 200-day avg

+20% Bullish

Price vs 50-day avg

−0% Neutral

RSI (14)

46 Neutral

MACD trend

Negative Bearish

52-week position

77% Neutral

Volume (OBV)

Confirms Neutral

Market signals — smart money & positioning

Bullish · 3 of 6

Trend (MA cross) No cross

50d $258 › 200d $214 — 50d above 200d

Institutional flow Accumulating

+22% holders QoQ · +177 funds added

Insider flow Distributing

Net -$326.0K over 90 days · 100% sells

Short interest Falling

1.97% of float · ▼ -4.8% MoM · 3.0 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

744 holders — near 3-yr high, broad support

Price context

position in its 52-week range

Range low $142 Now $257 · 77% Range high $290

vs 200-day avg +20% vs 50-day avg 0%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings

Metric	Latest	Period	YoY
Gross to net % non-GAAP	-32.3%	Q3 FY26	—

Non-GAAP diluted EPS non-GAAP	$5.68	Q3 FY26	+58.7%

GAAP → non-GAAP reconciliation GAAP Diluted EPS $5.18 +$0.03 Acquisition, integration and restructuring costs +$0.94 Amortization of intangibles +$0.2 Share-based compensation -$0.46 Dividends and gains on investments -$0.21 Income taxes related to the above = Non-GAAP diluted EPS $5.68
Non-GAAP gross billings non-GAAP	$22.73B	Q3 FY25	—
Non-GAAP net income non-GAAP	$456M	Q3 FY26	+54.1%

GAAP → non-GAAP reconciliation GAAP Net income 416.24M +2.1M Acquisition, integration and restructuring costs +75.19M Amortization of intangibles +16.25M Share-based compensation -37.35M Dividends and gains on investments -16.56M Income taxes related to the above = Non-GAAP net income 455.86M
Non-GAAP operating income non-GAAP	$736M	Q3 FY26	+54.9%

GAAP → non-GAAP reconciliation GAAP Operating income 642.88M +2.1M Acquisition, integration and restructuring costs +75.19M Amortization of intangibles +16.25M Share-based compensation expense = Non-GAAP operating income 736.42M
Non-GAAP operating margin non-GAAP	3.42%	Q3 FY26	+12.9%

Adjusted selling, general and administrative expenses non-GAAP	$724.45M	the three months ended May 31, 2026 filing	—
GAAP → non-GAAP reconciliation GAAP Selling, general and administrative expenses $820.1M -$2.12M Acquisition, integration and restructuring costs -$75.66M Amortization of intangibles -$17.88M Share-based compensation = Adjusted selling, general and administrative expenses $724.45M
Cash conversion cycle	24	Three Months Ended May 31, 2026 filing	—
Days inventory outstanding	70	Three Months Ended May 31, 2026 filing	—
Days payable outstanding	107	Three Months Ended May 31, 2026 filing	—
Days sales outstanding	61	Three Months Ended May 31, 2026 filing	—
Non-GAAP diluted EPS - Consolidated non-GAAP	$4.85	Three Months Ended May 31, 2026 filing	—
Non-GAAP net income - Consolidated non-GAAP	$390.42M	Three Months Ended May 31, 2026 filing	—
Revenue in constant currency - Americas distribution non-GAAP	$9,507,089	Three Months Ended May 31, 2026 filing	—
Revenue in constant currency - APJ distribution non-GAAP	$1,055,277	Three Months Ended May 31, 2026 filing	—
Revenue in constant currency - Europe distribution non-GAAP	$5,766,700	Three Months Ended May 31, 2026 filing	—
Revenue in constant currency - Hyve Solutions non-GAAP	$2,965,563	Three Months Ended May 31, 2026 filing	—

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

Electronics & Computer Distribution — same industry group

Open screener →

Company	Mkt cap	YTD	Rev growth Y/Y	P/E	Short % shares
SNX Td Synnex Corp this stock	$21.03B	+71.0%	+17.6%	18.9	2.0%
ARW Arrow Electronics, Inc.	$11.65B	+106.0%	+10.5%	14.6	3.3%
AVT Avnet Inc	$8.29B	+107.9%	+24.5%	25.2	10.3%
NSIT Insight Enterprises Inc	$4.67B	+91.9%	-5.2%	—	3.4%
CNXN Pc Connection Inc	$2.25B	+56.2%	+2.5%	23.6	2.2%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section

Ownership

Institutional Holders Accumulating

Holders

744

% held: 92.8%
Net QoQ: +595.5K sh
Top holder: BlackRock, Inc.

Held Float

View

Held by Funds

Fund positions

679

View

Short & Settlement

Short Interest Falling

Shares short

1.6M

Days to cover: 3.0d
Change: -79.8K sh

View

Short Volume

Short vol %

50%

As of: Sep 30, 2026

Short Total

View

Fails to Deliver

FTD shares

Value: $4.9K
As of: Jul 17, 2026

View

Off-Exchange

Off-exchange %

43.8%

Week of: Aug 24, 2026

Off-exch Lit

View

Smart Money

Insider Trades Net selling

Net (90d)

-$326.0K

Buyers / Sellers: 0 / 1

Buyers Sellers

View

Congressional Trades Sell

Member

Christopher L. Jacobs

Amount: $1.0K–$15.0K
Traded: Sep 8, 2020

View

Financials

Revenue (FY)

$62.5B

Net income (FY): $827.7M
EPS diluted: $9.95

View

Buybacks

Authorized

$2.0B

Remaining: $1.0B

Spent Remaining

View

Filings

SEC Filings

Latest

8-K

Filed: Sep 30, 2026
This year: 18

View

Proposed Sales

Value

$2.6M

Shares: 10.0K
Filed: Aug 17, 2026

View

Earnings & Events

Earnings Calls

Last call

Sep 24, 2026

View

Investor Relations

Performance

	5D	20D	120D	MTD	YTD
SNX	-10.8%	+2.2%	+28.8%	+1.6%	+71.0%
SPY	-0.7%	+0.1%	+12.2%	-0.6%	+11.8%
vs SPY	-10.1%	+2.1%	+16.6%	+2.2%	+59.1%

Capital returns

Buyback program · as of May 31, 2026

Authorized

$2.00B

Spent (derived)

$1.00B

Remaining

$1.00B

Spent Remaining

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 1177394 CUSIP 87162W100 13F (30d) 17 filings 13 filers Visit website Investor relations

SNX · Td Synnex Corp

Price & Indicators

Up next

Metrics snapshot

AI Brief

Equibles Rating

Guidance & track record

Technicals

Key metrics

Versus peers

At a glance

Performance

Capital returns