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StocksMedium•31 March 2026•

1 min read

TD SYNNEX Reports Record Q1 2026 Results with 18% Revenue Surge

Key Facts

1TD SYNNEX achieved revenue of $17.16 billion in the first quarter, an 18.1% increase year-over-year.

2Gross profit rose 25.5% to $1.25 billion, with gross margin improving by 43 basis points.

2 months ago

Version History

3 additional sources confirmed this story

Version 12 months ago

TD SYNNEX (NYSE: SNX) announced record-breaking financial results for its fiscal first quarter of 2026, ending February 28. The company reported revenue of $17.16 billion, representing a robust 18.1% increase compared to the same period last year. Gross profit saw an even more significant jump, rising 25.5% to reach $1.25 billion, accompanied by a 43-basis-point improvement in gross margins. GAAP operating income for the quarter stood at $489 million, highlighting the company's strong profitability and operational execution. These results underscore TD SYNNEX's leading position and its ability to capture demand in the technology distribution and solutions market. Investors are viewing these double-digit growth figures as a highly positive signal for the IT sector's overall health.