TD SYNNEX CORP SEC 10-Q Report

TD SYNNEX CORP, a leading global distributor and solutions aggregator for the IT ecosystem, has released its Form 10-Q report for the third quarter of 2025. The report highlights significant financial growth and operational achievements, underscoring the company's robust performance across various segments and geographies.

Financial Highlights

• Revenue: $15,650.9 million, reflecting a year-over-year increase driven by growth across all geographic segments.
• Gross Profit: $1,129.9 million, representing a gross margin of 7.22%, an improvement from the previous year's 6.54% due to better cost management.
• Operating Income: $383.7 million, with an operating margin of 2.45%, up from 2.06% in the prior year, indicating improved operational efficiency.
• Net Income: $226.8 million, showing a net margin of 1.45%, compared to 1.22% in the previous year, highlighting effective cost control and revenue growth.
• Diluted EPS: $2.74, an increase from $2.08 in the prior year, reflecting higher net income and share repurchase activities.

Business Highlights

• Revenue Segments: The company operates in three primary geographical segments: Americas, Europe, and Asia-Pacific and Japan (APJ). For the three months ended August 31, 2025, the Americas segment generated $9.27 billion in revenue, Europe generated $5.17 billion, and APJ generated $1.21 billion. For the nine months ended August 31, 2025, the Americas segment generated $26.67 billion, Europe generated $15.20 billion, and APJ generated $3.26 billion.
• Geographical Performance: The Americas segment showed a slight increase in revenue compared to the previous year, indicating stable demand in this region. Europe and APJ also experienced growth, with Europe showing a significant increase in revenue, reflecting strong market performance and demand for IT products.
• New Product Launches: The acquisition of Apptium Technologies, LLC, a software development company, represents a strategic investment in the company's technology solutions orchestration strategy, enhancing its cloud commerce platform offerings.
• Future Outlook: The company is focusing on expanding its portfolio in both mature and developing markets, targeting new customer groups with personalized solutions, and accelerating its focus on services to enhance its value proposition. The company aims to be a vital solutions aggregator and orchestrator in the IT ecosystem, connecting various technologies to deliver comprehensive solutions.

SEC Filing: TD SYNNEX CORP [ SNX ] - 10-Q - Oct. 01, 2025