TD SYNNEX reports Q3 2026 net income of $416 million
TD SYNNEX announced that its net income for the quarter ended August 31, 2026 was $416.2 million, nearly double the prior‑year figure. Revenue for the quarter rose to $21.56 billion, a 30.6% increase year‑over‑year. Operating income climbed to $642.9 million and earnings per share rose to $5.20 basic. The company also reported higher inventories, receivables and short‑term borrowings, while cash balances declined.
Why it matters
The company notes that the strong earnings growth alongside revenue expansion supports its investment case, but the reduction in cash and the buildup of working‑capital items may require monitoring, according to the article’s commentary.
Key facts
- 1Net income for Q3 2026 was $416.2 million, up from $226.8 million a year earlier. minichart.com.sg
- 2Revenue for the quarter was $21.56 billion, an increase of 30.6% from $16.51 billion in the prior year. minichart.com.sg
- 3Operating income rose to $642.9 million from $383.7 million a year earlier. minichart.com.sg
- 4Earnings per basic share were $5.20, compared with $2.76 a year earlier. minichart.com.sg
- 5Cash balances fell to $749.3 million as of August 31, 2026, down from $2.44 billion on November 30, 2025. minichart.com.sg
- 6Inventories increased to $15.29 billion from $9.50 billion a year earlier. minichart.com.sg
Summary written by AlphAI from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.