TD SYNNEX CORP reported second-quarter 2026 results with revenue of $19.57B, net income of $334.09M and diluted EPS of $4.15, versus $14.95B, $184.92M and $2.21 in the year‑ago quarter, respectively.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$19.57B$14.95B31% | Net income²$334.09M$184.92M80.7% | Diluted EPS³$4.15$2.2187.8% |
¹ Reported as “Revenue”. ² Reported as “Net income”. ³ Reported as “Diluted earnings per common share”.
Business Highlights
- Consolidated revenue grew ~31% year over year for the quarter and ~24.6% year‑to‑date, led by Advanced & Endpoint distribution and Hyve Solutions.
- Channel and mix shifts — including a higher proportion of net‑presented sales in Hyve and customer‑owned procurement — reduced reported revenue but improved margins.
- Broad geographic momentum across the Americas, Europe and APJ; Europe benefited from euro strength while APJ delivered double‑digit gains.
- Hyve expanded Manufacturing and Supply Chain Services, with Hyve revenue up 49% in the quarter and meaningful margin improvement from the net sales mix.
- Inventory was deliberately increased to support growth, raising days inventory outstanding and the cash conversion cycle.
Original SEC Filing:
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