SNX

TD SYNNEX Corp (NYSE:SNX) on Thursday reported upbeat fiscal third-quarter 2026 results and issued stronger-than-expected guidance.

TD SYNNEX sees AI infrastructure demand accelerating as Hyve expands, while management targets stronger cash generation and disciplined margins.

SNX's Q3 earnings and revenues beat estimates as Distribution and Hyve deliver strong growth, while management issues robust Q4 guidance.

Record Quarter, Record Sell-Off TD SYNNEX (NYSE:SNX | SNX Price Prediction) posted its best quarter ever before the open on Sept. 24, 2026, and investors sold it anyway.

TD Synnex Corporation delivered strong Q3 2026 results, beating revenue and EPS expectations with significant growth in both distribution and Hyve segments. Despite robust top-line and operating income growth, SNX's rapid expansion is straining working capital, resulting in a $1 billion free cash flow burn this quarter. Distribution remains the core earnings driver, while Hyve's AI-driven growth is impressive but comes with margin compression and elevated inventory risk.

TD SYNNEX Corporation (SNX) Q3 2026 Earnings Call Transcript

TD SYNNEX NYSE: SNX reported record fiscal third-quarter 2026 results, with growth in both its Distribution and Hyve businesses exceeding management's expectations. The company cited broad-based demand across geographies, technologies, customers and programs, led by data center infrastructure and expanding AI-related deployments.

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TD SYNNEX (SNX) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

The headline numbers for TD SYNNEX (SNX) give insight into how the company performed in the quarter ended August 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.