Nov 5
Current report
8-K
Events of Nov 2
Entered into a material agreement, New debt or off-balance-sheet obligation
AI summary on its way
SNX · Td Synnex Corp
$237.58
-4.93 (-2.03%)
At close · Nov 13
Return incl. dividend (before tax)
Market Cap
$18.95B
Shares
79.78M
Volume · Nov 13
433.55K
Avg daily vol (3M)
828.75K
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Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$237.58
Open$242.50
Day$233.93–243.87
52W close$142.42–290.14
Avg vol 30d755K
Short int1.6M · 2.0% of shares · 2.0d
Short vol52%
Last earningsSep 24, 2026
DataJan 2020–Nov 2026
Filing10-Q · Oct 1
Up next
Jan 7, 2027
Est · unconfirmed
· in 8 wks
Latest documents
2026
Oct 1
Quarterly report
10-Q
FY2026 Q3, ended Aug 31
Quarterly report for FY2026 Q3
TD SYNNEX reported revenue growth of $13.2 billion and operating income growth of 62.5%, while gross margin declined to 6.89% for the nine months ended August 31, 2026.
Revenue $21.56B
▲ 37.7%
Net income $416.24M
▲ 83.5%
Diluted EPS $5.18
▲ 89.1%
Sep 30
Current report
8-K
Events of Sep 25
Entered into a material agreement
TD SYNNEX Corporation amended its Trade Receivables Securitization, extending maturity to September 25, 2028 and increasing lender commitments to $3,000,000,000. Program fees now accrue at 0.725% per annum for commercial-paper-funded advances and 0.825% per annum for other advances.
Sep 24
Earnings call
Q3 2026 earnings call
TD Synex reported third-quarter non-GAAP gross billings of $31.8 billion, up 40% year-over-year, and non-GAAP earnings per share of $5.68, up 59%, above guidance. It expects fourth-quarter non-GAAP diluted earnings per share of approximately $5.90, plus or minus $0.25.
Sep 24
Current report
8-K
Financial results
TD SYNNEX reported record fiscal 2026 third-quarter results, with revenue of $21.6 billion, up 37.7% year over year, and diluted EPS of $5.18. Its Board declared a quarterly cash dividend of $0.48 per common share, payable October 30, 2026.
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$75.67B
Trailing 12 months
Net income (TTM)
$1.33B
Trailing 12 months
Revenue growth YoY
+37.7%
Year over year
Operating margin
2.7%
Trailing 12 months
P / E (TTM)
14.5
Trailing earnings · reciprocal yield 6.9%
FCF yield
-4.3%
TTM · current market cap
Return on invested capital
11.2%
Trailing 12 months
Net cash
−$4.77B
Latest balance sheet
Dividend yield
0.8%
Trailing 12 months
Shares change YoY
-3.0%
Year over year · fewer shares
Price change (1Y)
+57.9%
Trailing year
Short interest
2.0%
Latest settlement · 2.0 days to cover
Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
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
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceOverall
Buy
SellHoldBuy
Technical
Buy
Momentum
Neutral
Sentiment
Bullish
Fundamentals
Excellent
Quant / Vol
High
Market backdrop
VIX 19.3 · elevated
Equity put/call 0.63
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
+3%
above
Price vs 50-day avg
−7%
below
RSI (14)
46
neutral
MACD trend
Positive
52-week position
64%
mid-range
Volume (OBV)
Bullish div.
accumulating
Momentum
relative strength
1-month return
−4%
trailing
6-month return
−1%
trailing
YTD return
+58%
this year
Relative strength
−2%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $256 › 200d $230 — 50d above 200d
Institutional flow
Accumulating
673 of 748 funds reported for Sep 30 · net +1.3M sh shares · +91 new
Insider flow
Distributing
Net -$1.9M over 90 days · 100% sells
Short interest
Falling
2.02% of shares out · ▼ -14.6% MoM · 2.0 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
748 holders — near 3-yr high, broad support
Squeeze score
36
low risk · 0–100
Fundamentals
Revenue growth
+18%
Y/Y
Gross margin
22%
contracting
EPS growth
+25%
Y/Y
Free cash flow
$1.5B
Valuation
P/E 14.5
below peers
Buyback
$900.0M
remaining
Balance sheet
$2.2B
net debt
Quant / Vol
risk profile
Volatility
37%
annualized · 1-yr
Max drawdown
−26%
past year
ATR
4.5%
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
Latest guidance
· from the Earnings Call filed Sep 24, 2026
fourth quarter outlook
Non-GAAP gross billings
Non-GAAP
$31.9B
Revenue
$22.2B
prior qtr $21.56B
midpoint +3.0% QoQ
Non-GAAP diluted earnings per share
Non-GAAP
$5.90
Non-GAAP net income
Non-GAAP
$474M
fourth quarter
Non-GAAP gross billings
Non-GAAP
$31.9B
Year-over-year at the midpoint
Non-GAAP
31%
Revenue
$22.2B
Non-GAAP net income
Non-GAAP
$474M
Non-GAAP diluted earnings per share
Non-GAAP
$5.90
Prior guidance
period ended
· from the Earnings Call filed Jun 25, 2026
Gross to net adjustment
· third quarter of fiscal 2026
33%
Guided vs delivered
· last 8 settled
Revenue
Q3 2026
guided $18.2B – $19B
$21.56B
Beat +15.9%
Diluted earnings per share
Q3 2026
guided $3.40 – $3.90
$5.18
Beat +41.9%
Revenue
Q2 2026
guided $16.1B – $16.9B
$19.57B
Beat +18.6%
Diluted earnings per share
Q2 2026
guided $2.90 – $3.40
$4.15
Beat +31.7%
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Buy
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
+3%
Bullish
Price vs 50-day avg
−7%
Bearish
RSI (14)
46
Neutral
MACD trend
Positive
Bullish
52-week position
64%
Neutral
Volume (OBV)
Bullish div.
Bullish
Market signals — smart money & positioning
Bullish · 3 of 6
Trend (MA cross)
No cross
50d $256 › 200d $230 — 50d above 200d
Institutional flow
Accumulating
673 of 748 funds reported for Sep 30 · net +1.3M sh shares · +91 new
Insider flow
Distributing
Net -$1.9M over 90 days · 100% sells
Short interest
Falling
2.02% of shares out · ▼ -14.6% MoM · 2.0 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
748 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $142
Now $238 · 64%
Range high $290
vs 200-day avg +3%
vs 50-day avg -7%
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 |
|---|---|---|---|
| Adjusted selling, general and administrative expenses non-GAAP | $688.99M | the three months ended August 31, 2026 filing | — |
|
|
|||
| Adjusted selling, general and administrative expenses as a percent of gross profit non-GAAP | 48.3% | the three months ended August 31, 2026 filing | — |
| Cash conversion cycle | 31 | Three Months Ended August 31, 2026 filing | — |
|
|
|||
| Days inventory outstanding | 70 | Three Months Ended August 31, 2026 filing | — |
|
|
|||
| Days payable outstanding | 103 | Three Months Ended August 31, 2026 filing | — |
|
|
|||
| Days sales outstanding | 64 | Three Months Ended August 31, 2026 filing | — |
|
|
|||
| Revenue in constant currency non-GAAP | $21.66B | the three months ended August 31, 2026 filing | — |
| Revenue in constant currency - Americas distribution non-GAAP | $10.33B | the three months ended August 31, 2026 filing | — |
|
|
|||
| Revenue in constant currency - APJ distribution non-GAAP | $1.12B | the three months ended August 31, 2026 filing | — |
|
|
|||
| Revenue in constant currency - Europe distribution non-GAAP | $6.4B | the three months ended August 31, 2026 filing | — |
|
|
|||
| Revenue in constant currency - Hyve Solutions non-GAAP | $3.8B | the three months ended August 31, 2026 filing | — |
|
|
|||
| Gross to net % non-GAAP | -32.3% | Q3 FY26 | — |
|
|
|||
| Non-GAAP diluted EPS non-GAAP | $5.68 | Q3 FY26 | +58.7% |
|
|
|||
GAAP → non-GAAP reconciliationGAAP 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 reconciliationGAAP 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 reconciliationGAAP 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% |
|
|
|||
| 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 | — |
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| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
SNX
this stock
Td Synnex Corp
|
$18.95B | +58.1% | +17.6% | 14.5 | 2.0% |
|
ARW
Arrow Electronics, Inc.
|
$9.75B | +75.1% | +10.5% | 9.8 | 2.6% |
|
AVT
Avnet Inc
|
$6.91B | +74.6% | +24.5% | 12.6 | 10.8% |
|
NSIT
Insight Enterprises Inc
|
$4.86B | +107.1% | -5.2% | 28.4 | 2.8% |
|
CNXN
Pc Connection Inc
|
$2.09B | +43.5% | +2.5% | 20.5 | 2.4% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| SNX | +8.6% | -3.7% | -1.0% | +0.4% | +58.1% |
| SPY | +2.6% | -1.2% | +0.5% | -0.2% | +10.6% |
| vs SPY | +6.0% | -2.6% | -1.5% | +0.6% | +47.5% |
Capital returns
Latest dividend
$0.48
/ share · ex Oct 16, 2026
Paid (TTM)
$1.92
/ share · 4 payouts
Dividend yield (TTM, derived)
0.81%
Buyback program
· as of Aug 31, 2026
Authorized
$2.00B
Spent (derived)
$1.10B
Remaining
$900.00M
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)
610 filings
561 filers
Visit website
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