Document Exhibit 99.1
TD SYNNEX Reports Record Fiscal 2026 Third Quarter Results
• Revenue of $21.6 billion, an increase of 37.7% year over year, 38.4% in constant currency (1) , and above the high end of our outlook.
• Non-GAAP gross billings (1) of $31.8 billion, an increase of 40.0% year over year, 40.5% in constant currency (1) , and above the high end of our outlook.
• Operating income of $643 million and non-GAAP operating income (1) of $736 million, an increase of 67.6% and 55.1% year-over-year, respectively. Operating margin of 2.98% and non-GAAP operating margin (1) of 3.42%, an increase of 53 and 39 basis points year-over-year, respectively.
• Diluted earnings per share (“EPS”) of $5.18, and non-GAAP diluted EPS (1) of $5.68, an increase of 58.7% year over year and above the high end of our outlook.
• Returned $139 million to stockholders in the form of approximately $100 million of share repurchases and $38 million in dividends.
• Announced a quarterly cash dividend of $0.48 per common share, up 9% year over year.
"We delivered another record quarter, with Distribution and Hyve both performing above our expectations and growing above market," said Patrick Zammit, CEO of TD SYNNEX. “Enterprise AI adoption is progressing toward broader production deployments. Data center modernization remains a priority as organizations prepare for next-generation infrastructure requirements, while AI is driving new security, governance, and compliance requirements across technology environments. We believe these trends expand our opportunities across Distribution and Hyve and support our confidence in our long-term growth potential.”
CLEARWATER, FL and FREMONT, CA, September 24, 2026 – TD SYNNEX (NYSE: SNX) today announced financial results for the fiscal third quarter ended August 31, 2026.
Consolidated Financial Highlights for the Fiscal 2026 Third Quarter
GAAP ($ in millions, except earnings per share)
$5.65 - $6.15
Estimated outstanding diluted weighted average shares 79.2 million
Dividend TD SYNNEX announced today that its Board of Directors declared a quarterly cash dividend of $0.48 per common share. The dividend is payable on October 30, 2026 to stockholders of record as of the close of business on October 16, 2026.
Conference Call and Webcast TD SYNNEX will host a conference call today to discuss the 2026 fiscal third quarter results at 6:00 AM (PT)/9:00 AM (ET).
A live audio webcast of the earnings call will be accessible at ir.tdsynnex.com and a replay of the webcast will be available following the call.
Filing figures are from this filing. Earlier figures are from past filings.