SNX TD SYNNEX CORP
Price Chart
Executive Summary
TD SYNNEX reported strong fiscal 2026 first quarter results with revenue of $17.2 billion (up 18.1% YoY) and non-GAAP diluted EPS of $4.73 (up 68.9% YoY), significantly exceeding consensus estimates. The company also raised its outlook for the next quarter, signaling continued momentum in its distribution and Hyve businesses.
Key Financial Metrics
Actionable Insight
The significant beat and raised guidance suggest strong underlying demand in IT distribution; monitor next quarter's gross billings growth as a leading indicator of continued momentum.
Key Facts
- Revenue: $17.161 billion (up 18.1% YoY), above consensus of $16.68 billion
- Non-GAAP diluted EPS: $4.73 (up 68.9% YoY), above consensus of $4.07
- GAAP diluted EPS: $4.04 (up 104.0% YoY)
- Record non-GAAP gross billings of $25.8 billion (up 24.4% YoY)
- Operating margin expanded to 3.44% (non-GAAP), up from 2.74% YoY
- Returned $118 million to shareholders via $80 million in share repurchases and $39 million in dividends
- Raised fiscal Q2 2026 outlook: non-GAAP EPS guidance of $3.75-$4.25, above Street consensus of $3.87
Financial Impact
Revenue beat by $481 million, EPS beat by $0.66 (16.2% surprise)
Risk Factors
- Macro sensitivity to IT spending and global trade policies
- Integration risks from recent acquisitions
Market Snapshot
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001628280-26-022204 |
| Document: snx-20260331.htm | 0001628280-26-022204 |
| Document: 0001628280-26-022204-index-headers.html | 0001628280-26-022204 |
| Document: 0001628280-26-022204-index.html | 0001628280-26-022204 |
| Document: 0001628280-26-022204.txt | 0001628280-26-022204 |
| 8-K Data (Synthetic) | 0001628280-26-022204 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 3, 2026
6d ago
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8-K
| $277.57 $268.80 | ▼ −3.16% | ▼ −0.59% | $271.78 (−2.09%) |
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May 19, 2026
22d ago
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Insider Cluster
| $226.26 $230.68 | ▲ +1.95% | ▲ +0.91% | $271.78 (+20.12%) |
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Apr 29, 2026
6w ago
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Insider Cluster
| $224.04 $228.18 | ▲ +1.85% | ▲ +0.82% | $271.78 (+21.31%) |
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Apr 17, 2026
7w ago
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144
| $217.88 $215.19 | ▼ −1.23% | ▼ −0.58% | $271.78 (+24.74%) |
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Mar 31, 2026
10w ago
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8-K
| $168.31 $185.85 | ▲ +10.42% | ▲ +9.67% | $271.78 (+61.47%) |
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Mar 2, 2026
14w ago
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Insider Cluster
| $156.78 $155.80 | ▼ −0.62% | ▲ +0.29% | $271.78 (+73.35%) |
US Market Status
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