The earnings call reflected a strong financial performance with significant growth in various segments and recognition through multiple awards. However, there were some concerns about margin pressures in Hive, global economic uncertainties, and the impact of demand pull forward on future quarters.

Company Guidance -

Q3 2025

During the TD SYNNEX Second Quarter Fiscal 2025 Earnings Call, several key metrics were highlighted to demonstrate the company's strong performance and strategic progress. The company reported a 12% growth in gross billings, with a constant currency growth of 11%, and achieved a non-GAAP diluted EPS that exceeded the high end of their guidance. Gross billings for TD SYNNEX's Endpoint Solutions portfolio grew by 13% year over year, while the Advanced Solutions portfolio saw a 12% increase. Hive, part of the Advanced Solutions portfolio, reported gross billings growth in the high teens, although high profit margins declined sequentially. Despite a macroeconomic environment prompting some demand pull forward, software billings rose by 20%, with significant contributions from cloud cybersecurity and infrastructure software. The company observed double-digit growth in key customer segments, including SMB, MSPs, and public sector. Additionally, TD SYNNEX announced a cash dividend of $0.44 per common share for the quarter. For the third quarter, TD SYNNEX projected non-GAAP gross billings in the range of $21 billion to $22 billion, with anticipated non-GAAP net income between $227 million and $268 million. The company remains focused on growth strategies, targeting new customers and expanding its service offerings to sustain future performance.

Strong Overall Financial Performance

Gross billings grew 12% year over year, 11% in constant currency, and non-GAAP diluted EPS exceeded the high end of guidance.

Growth in Software and Cloud Segments

Software experienced 20% billings growth fueled by cloud, cybersecurity, and infrastructure software.

Recognition and Awards

TD SYNNEX received over 40 honors, including being named HPE's Global Distribution Partner of the Year and NVIDIA's Americas Distributor of the Year.

Strong Performance in APJ Region

APJ region saw strong growth, particularly driven by India and Japan.

Cash Flow and Shareholder Returns

Free cash flow generation was $543 million, and $186 million was returned to stockholders through share repurchases and dividends.

TD SYNNEX Corporation (SNX) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

SNX Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Sep 30, 2025	2025 (Q3)	3.04 / -	2.86	―	―	―
Jun 24, 2025	2025 (Q2)	2.71 / 2.99	2.73	9.52% (+0.26)
Mar 27, 2025	2025 (Q1)	2.91 / 2.80	2.99	-6.35% (-0.19)
Jan 10, 2025	2024 (Q4)	3.05 / 3.09	3.13	-1.28% (-0.04)
Sep 26, 2024	2024 (Q3)	2.80 / 2.86	2.78	2.88% (+0.08)
Jun 25, 2024	2024 (Q2)	2.82 / 2.73	2.43	12.35% (+0.30)
Mar 26, 2024	2024 (Q1)	2.84 / 2.99	2.93	2.05% (+0.06)
Jan 09, 2024	2023 (Q4)	2.67 / 3.13	3.44	-9.01% (-0.31)
Sep 26, 2023	2023 (Q3)	2.47 / 2.78	2.74	1.46% (+0.04)
Jun 27, 2023	2023 (Q2)	2.54 / 2.43	2.72	-10.66% (-0.29)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

SNX Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jun 24, 2025	$127.20	$136.46	+7.28%
Mar 27, 2025	$124.53	$106.74	-14.29%
Jan 10, 2025	$120.82	$132.61	+9.76%
Sep 26, 2024	$115.68	$117.08	+1.21%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.