TD SYNNEX (SNX) Q3 FY2026 earnings

Reported results

• Revenue of $21.6 billion, an increase of 37.7% year-over-year (38.4% in constant currency), above the high end of outlook.
• Non-GAAP gross billings of $31.8 billion, an increase of 40.0% year-over-year (40.5% in constant currency), above the high end of outlook.
• Operating income of $643 million (GAAP) and $736 million (non-GAAP operating income), with operating margin of 2.98% (GAAP) and 3.42% (non-GAAP operating margin), increases of 53 and 39 basis points year-over-year respectively.
• Diluted EPS of $5.18 (GAAP), up 89.1% year-over-year, and non-GAAP diluted EPS of $5.68, up 58.7% year-over-year, above the high end of outlook.
• Returned $139 million to stockholders through approximately $100 million in share repurchases and $38 million in dividends; announced quarterly cash dividend of $0.48 per common share, up 9% year-over-year.

Guidance

• Q4 FY2026 Revenue: $21.8 billion to $22.6 billion
• Q4 FY2026 Non-GAAP gross billings: $31.4 billion to $32.4 billion
• Q4 FY2026 Net income: $368 million to $408 million
• Q4 FY2026 Non-GAAP net income: $454 million to $494 million
• Q4 FY2026 Diluted EPS: $4.58 to $5.08
• Q4 FY2026 Non-GAAP diluted EPS: $5.65 to $6.15
• Q4 FY2026 Estimated outstanding diluted weighted average shares: 79.2 million

Notes

Non-GAAP measures exclude amortization of intangible assets, share-based compensation, acquisition/integration/restructuring costs, and related tax effects. Non-GAAP net income and diluted EPS also exclude dividends and gains on investments. Constant currency adjusts for foreign currency translation effects.

Price and volatility reaction

The stock moved -9.8% on the print. No front-expiry chain was on file, so there is no straddle expected move.

Source

The figures above come from the earnings release the company filed with the SEC on 2026-09-24 (8-K, Item 2.02). Read the original filing on sec.gov.