TD SYNNEX (NYSE:SNX) reported impressive fourth-quarter fiscal 2025 results, surpassing expectations with non-GAAP earnings of $3.83 per share, a 24% year-over-year increase. Revenues also excelled, reaching $17.4 billion, reflecting a 9.7% growth.
SNX’s strong performance was primarily driven by growth in Endpoint Solutions and Advanced Solutions portfolios. The company’s non-GAAP gross profit increased by 14.8%, reaching $1.19 billion, while operational activities provided $1.5 billion in cash in the same quarter.
Looking ahead, for the first quarter of fiscal 2026, SNX projects revenues between $15.1-$15.9 billion and non-GAAP earnings in the range of $3.00-$3.50 per share. Despite a Zacks Rank #4 (Sell), SNX remains committed to shareholder value, evident in its 9% increase in quarterly cash dividend.
TD SYNNEX Corporation Price, Consensus and EPS Surprise
SNX’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, with an average surprise of 7.8%.
TD SYNNEX’s Q4 Details
Categorically, revenues from Endpoint Solutions reached $9.0 billion, reflecting 12% year-over-year growth. Revenues from Advanced Solutions reached $8.3 billion, reflecting 7% year-over-year growth.
The fiscal fourth-quarter non-GAAP operating income was up 17.9% to $497 million, with non-GAAP gross billings of $24.3 billion, up 14.7% year-over-year.
TD SYNNEX’s Balance Sheet & Cash Flow Details
As of Nov. 30, 2025, TD SYNNEX’s cash and cash equivalents stood at $2.43 billion, while long-term debt was $3.59 billion for the reported quarter.
In terms of cash flow, the company reported $1.5 billion from operational activities and free cash flow of $1.4 billion in the fiscal fourth quarter.
SNX Initiates Q1 2026 Guidance
For the first quarter of fiscal 2026, SNX expects revenues of $15.1-$15.9 billion and non-GAAP net income in the range of $243-$283 million.
SNX’s Zacks Rank & Other Stocks to Consider
While SNX carries a Zacks Rank #4 (Sell), other stocks like Amphenol (NYSE:APH), Allot Ltd. (NASDAQ:ALLT), and Analog Devices (NASDAQ:ADI) present better investment opportunities with a Zacks Rank #1 (Strong Buy) each.
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