TD SYNNEX CORPORATION Stock Price, News & Analysis

TD SYNNEX (NYSE: SNX) launched a Global FinOps Practice powered by IBM Cloudability on October 14, 2025 to help partners optimize multi-cloud spend, improve forecasting, and drive financial outcomes. The offering includes dedicated global and regional Centers of Excellence, advanced analytics and dashboards, FinOps-as-a-Service, forecasting/budgeting support, and partner enablement resources. TD SYNNEX positions the practice as the first comprehensive, distributor-led FinOps solution for channel partners and cites an IDC market size of $18.5 billion with >16% growth through 2028 and up to 50% of cloud spend underutilized as a market opportunity.

TD SYNNEX (NYSE: SNX) launched an AI Infrastructure-as-a-Service (AI IaaS) offering in North America via a partnership with Nebius (NASDAQ: NBIS) on October 8, 2025. The service gives TD SYNNEX partners access to Nebius AI Cloud with direct NVIDIA GPU access, flat-rate pricing, reserved-instance options, and high-performance interconnects (NVIDIA Quantum-X800 InfiniBand and NVLink).

Key capabilities include rapid provisioning (hours), support for training and inference on NVIDIA HGX B200 today with HGX B300 and GB300 NVL72 coming, partner enablement resources, and plans to add more AI IaaS offerings over the coming months.

Tech Data Advanced (TD SYNNEX) and Wind River (SNX) announced an exclusive value-added distribution (VAD) partnership in India on October 8, 2025. The deal expands access to Wind River’s cloud-native virtualization, hyper-converged infrastructure, and container management solutions, including VxWorks, Wind River Cloud Platform, Wind River Linux, and eLxr Pro.

Through Tech Data’s Tech Center of Excellence and partner community, channel partners gain solutions aggregation, technical expertise, and go-to-market support to simplify deployment, reduce complexity, and accelerate time-to-value for enterprise customers.

TD SYNNEX (NYSE: SNX) announced a key leadership transition as David Jordan, currently Senior Vice President, Americas CFO and Head of Investor Relations, has been appointed as Executive Vice President and CFO. Jordan, who joined the company in 2014 and has served as Americas CFO since 2021, will replace Marshall Witt, who is departing for a role outside the organization.

Jordan brings significant experience in financial planning, M&A, capital optimization, and operational leadership. CEO Patrick Zammit highlighted Jordan's deep business knowledge, proven leadership in Americas finance, and strong relationships with stakeholders as key qualifications for the role.

TD SYNNEX (NYSE: SNX) has completed the acquisition of Gateway Computer Corporation, a Japanese IT solutions provider with over 40 years of operation. Gateway Computer brings a bilingual workforce of 80+ employees and extensive experience serving non-Japanese customers with multi-vendor solutions.

The strategic acquisition aims to strengthen TD SYNNEX's presence in Japan and enhance its ability to handle global projects in the Japanese market. Gateway Computer will continue operating as a separate organization under TD SYNNEX Japan, with current President Hidekazu Hayashi reporting to TD SYNNEX Japan President Shigetaka Kunimochi.

TD SYNNEX (NYSE: SNX) has launched AI Pioneers, a groundbreaking apprenticeship program in North America, as part of its Destination: AI™ strategy. The program aims to address the critical AI skills gap in the technology sector. The first cohort of 16 students has already developed innovative AI solutions, working alongside TD SYNNEX pre-sales engineers, business mentors, and NVIDIA technical experts.

The initiative responds to a significant market need, as TD SYNNEX's research shows that while 75% of partners consider AI essential for their future, nearly half face implementation challenges due to talent shortages. The program leverages NVIDIA AI Enterprise software and Blueprints to create practical, scalable AI solutions for real-world applications.

Participants have developed several innovative solutions, including an AI-powered hospitality platform, a knowledge management system, and an emergency response platform, demonstrating the program's practical impact on industry applications.

TD SYNNEX (NYSE: SNX) has launched PartnerFirst, a unified digital portal designed to enhance partner experience in North America. The platform integrates hardware, cloud, and renewals into a cohesive digital experience, featuring AI-powered recommendations and comprehensive management tools.

The new platform, part of TD SYNNEX's omnichannel digital strategy, combines commerce capabilities with education, enablement, and community features. Key functionalities include a centralized dashboard, intelligent search, and actionable insights. The platform was developed with input from over 100 TD SYNNEX PartnerLINK members and will be expanded globally in future releases.

TD SYNNEX (NYSE: SNX) reported strong fiscal Q3 2025 results, surpassing expectations with record-breaking performance. Revenue reached $15.7 billion, up 6.6% year-over-year, while non-GAAP gross billings grew 12.1% to $22.7 billion.

The company achieved significant profitability improvements with GAAP diluted EPS of $2.74 (up 31.7%) and non-GAAP diluted EPS of $3.58 (up 25.2%). Operating margin expanded to 2.45%, with non-GAAP operating margin reaching 3.03%.

TD SYNNEX demonstrated strong shareholder returns, distributing $210 million through share repurchases ($174M) and dividends ($36M). The company increased its quarterly dividend by 10% to $0.44 per share and generated $246 million in operating cash flow.

For Q4 2025, TD SYNNEX projects revenue between $16.5-$17.3 billion and non-GAAP diluted EPS of $3.45-$3.95.

TD SYNNEX (NYSE: SNX) has released its Fourth Annual Direction of Technology Report, revealing key trends shaping the IT industry based on feedback from over 1,400 IT solution providers across 40 countries. The report highlights that 75% of partners consider AI essential to their future, while 66% reported revenue increases despite macroeconomic challenges.

The study identifies six critical trends: AI's foundational role in market leadership, cybersecurity's fundamental importance with 80% of partners offering security solutions, the value of specialization over scale, the need for redesigned operating models due to talent shortages affecting 70% of leaders, persistent macroeconomic challenges, and the emergence of service-led businesses as industry leaders.

The report introduces two new metrics: the Net Growth Index and Net Optimism Index, with ISVs and Professional Service firms leading growth with scores of 120 and 110 respectively.