TD SYNNEX Posts Record Q3: Revenue Up 38%, EPS $5.18, Guides Q4 Above Consensus
SNX sits 94% above its 52-week low of $142.22 on elevated volume (3.3× avg).
Summary
TD SYNNEX reported record Q3 FY26 results with revenue up 37.7% to $21.56B and diluted EPS of $5.18, guided Q4 above expectations, and raised its dividend 9% to $0.48 per share.
Key Events · Earnings and Guidance · SNX
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Record Q3 Revenue and EPS
Revenue of $21.56B, up 37.7% YoY (38.4% constant currency); diluted EPS of $5.18, up 89.1%; non-GAAP diluted EPS of $5.68, above the high end of outlook.
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Q4 Guidance Above Q3 Run-Rate
Q4 FY26 outlook: revenue $21.8–$22.6B, non-GAAP diluted EPS $5.65–$6.15, net income $368–$408M; estimated diluted weighted average shares of 79.2M.
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Dividend Raised 9%
Quarterly cash dividend of $0.48 per share declared, payable October 30, 2026 to holders of record October 16, 2026; $139M returned to stockholders in Q3 via $100M buybacks and $38M dividends.
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Working Capital Surge Pressures Cash Flow
Free cash flow was -$975.6M in Q3 as inventories rose to $15.29B and accounts receivable to $14.95B; cash fell to $749.3M from $2.44B at FY25 year-end.
Analysis · SNX · Trade & Services
TD SYNNEX delivered a record fiscal Q3 with revenue of $21.56 billion, up 37.7% year over year, and diluted EPS of $5.18, up 89.1%. Non-GAAP diluted EPS of $5.68 beat the high end of guidance. The company guided Q4 revenue to $21.8–$22.6 billion and non-GAAP diluted EPS to $5.65–$6.15, both above the Q3 run-rate. The board also raised the quarterly dividend 9% to $0.48 per share. The one soft spot is cash flow: free cash flow was negative $975.6 million in the quarter as working capital ballooned — inventories rose to $15.29 billion and receivables to $14.95 billion — a trend flagged in the prior 10-Q and now extended.
How filings like this one have moved
In the 30 days to Sep 30, 2026, 29.6% of the 1615 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, SNX was trading at $275.30 on NYSE in the Trade & Services sector, with a market capitalization of approximately $23B. The 52-week trading range was $142.22 to $298.77. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.