TD SYNNEX CORPORATION Stock Price, News & Analysis
Company Description
TD SYNNEX Corporation (NYSE: SNX) is a global distributor and solutions aggregator for the IT ecosystem. According to the company, it works with more than 150,000 customers in over 100 countries, uniting IT products, services and solutions from approximately 2,500 technology vendors. TD SYNNEX focuses on an edge-to-cloud portfolio anchored in high-growth technology segments such as cloud, cybersecurity, big data and analytics, artificial intelligence (AI), Internet of Things (IoT), mobility and everything as a service. The company is headquartered in Clearwater, Florida and Fremont, California.
TD SYNNEX describes itself as an innovative partner helping organizations maximize the value of technology investments, demonstrate business outcomes and unlock growth opportunities. It operates within the Professional, Scientific, and Technical Services sector, in the Computer Systems Design Services industry, and positions itself at the center of the IT channel by connecting vendors, resellers, service providers and other ecosystem participants.
Business model and role in the IT ecosystem
TD SYNNEX acts as both a distributor and a solutions aggregator. The company aggregates and distributes IT hardware, software and systems, including personal computing devices and peripherals, mobile phones and accessories, printers, server and data center infrastructure, hybrid cloud, security, networking, communications and storage solutions, and system components. It also emphasizes services and solutions that span from the edge to the cloud, with a portfolio indexed toward higher-growth technologies such as cloud, cybersecurity, AI, big data and analytics, IoT, mobility and everything as a service.
In its own descriptions, TD SYNNEX highlights that its co-workers are dedicated to uniting compelling IT products, services and solutions from thousands of technology vendors. This positions the company as an intermediary that helps partners and end customers access, bundle and operationalize complex technology stacks, including cloud platforms, AI infrastructure and specialized software offerings.
Global footprint and customer base
TD SYNNEX reports that it serves more than 150,000 customers in 100+ countries. Its operations span the Americas, Europe and Asia-Pacific and Japan (APJ), with financial reporting that breaks out performance across these regions. The company’s Americas, Europe and APJ segments each contribute to revenue and non-GAAP gross billings, reflecting a diversified geographic footprint.
Across this footprint, TD SYNNEX works with a broad partner ecosystem that includes cloud resellers, managed service providers (MSPs), systems integrators and other channel partners. Through programs such as Destination AI™ and PartnerFirst, as described in company news releases, TD SYNNEX focuses on enabling partners to build practices around AI, cloud, FinOps (cloud financial management) and digital collaboration.
Technology focus: cloud, AI and edge-to-cloud solutions
TD SYNNEX emphasizes that its portfolio is anchored in cloud, cybersecurity, big data/analytics, AI, IoT, mobility and everything as a service. Recent company announcements describe several initiatives that illustrate this focus:
- Destination AI™ and AI Game Plan: TD SYNNEX has introduced AI Game Plan as part of its Destination AI framework. This is described as a partner-led workshop experience that helps organizations translate AI opportunities into outcome-driven strategies, using a structured three-phase approach of discovery, scoring and activation.
- AI Infrastructure-as-a-Service (AI IaaS): The company has launched an AI Infrastructure-as-a-Service offering in North America through a partnership with Nebius, an AI cloud service provider. This offering provides partners with access to high-performance AI cloud infrastructure, including NVIDIA GPU-based capacity, with a focus on secure, cost-optimized AI workloads.
- Digital Bridge and AI Assistant: TD SYNNEX has evolved its Digital Bridge offering with the PartnerFirst Digital Bridge AI Assistant, available through a Microsoft Teams plugin in North America. According to the company, this assistant integrates real-time TD SYNNEX product intelligence, solution enablement and vendor program data directly into collaboration tools to support more efficient interactions between resellers and their end customers.
- Cloud and FinOps: TD SYNNEX has launched a Global FinOps Practice powered by IBM Cloudability. This practice is described as delivering cloud financial management capabilities, including analytics, cost governance, forecasting support and optimization services, aimed at helping partners and their customers manage multi-cloud environments.
Vendor relationships and partner programs
TD SYNNEX reports that it unites products, services and solutions from approximately 2,500 technology vendors. Company news highlights specific collaborations, such as:
- AWS: TD SYNNEX has been recognized with multiple AWS Partner Awards, including Distributor Partner of the Year in North America and Latin America, as well as public sector recognitions in EMEA and Latin America. It maintains a Strategic Collaboration Agreement with AWS focused on accelerating cloud and AI adoption and supports AWS partners through its StreamOne® cloud platform.
- IBM: The Global FinOps Practice is powered by IBM Cloudability, combining TD SYNNEX’s solutions aggregation model with IBM’s analytics capabilities for cloud financial management.
- Nebius: Through its AI IaaS offering, TD SYNNEX partners with Nebius to provide AI-native cloud infrastructure with access to NVIDIA GPUs and related technologies.
- Wind River: Tech Data, a TD SYNNEX company, has entered into partnerships with Wind River to expand access to cloud-native virtualization, container management and intelligent edge solutions in India.
These relationships underscore TD SYNNEX’s role as a channel-focused organization that works closely with major cloud and technology providers while enabling partners to build their own practices and offerings.
Financial reporting and capital markets profile
TD SYNNEX’s common stock trades on the New York Stock Exchange under the symbol SNX. The company files regular reports and current reports on Form 8-K with the U.S. Securities and Exchange Commission. Recent 8-K filings describe:
- Quarterly financial results, including revenue, gross profit, operating income and earnings per share for fiscal quarters.
- Announcements of quarterly cash dividends on common stock.
- Issuance of senior notes due 2029 and 2035, including details of interest rates, maturity dates and intended use of proceeds.
- Executive leadership changes, such as appointments and retirements of senior officers.
In its financial communications, TD SYNNEX also explains the use of non-GAAP financial measures such as non-GAAP gross billings, non-GAAP operating income, non-GAAP net income, non-GAAP diluted EPS, Adjusted EBITDA, free cash flow and adjusted return on invested capital (ROIC). The company provides definitions for these metrics and describes how they are used to evaluate business performance and cash flows.
Corporate culture and commitments
In its public statements, TD SYNNEX notes that it is committed to serving customers and communities and that it aims to have a positive impact on its people and the planet. The company states that it aspires to be a diverse and inclusive employer of choice across the IT ecosystem. These themes appear consistently in the “About TD SYNNEX” sections of its news releases.
Industry classification
TD SYNNEX is classified in the Computer Systems Design Services industry within the Professional, Scientific, and Technical Services sector. Its activities, as described in company and third-party information, include IT distribution, solutions aggregation, cloud and AI enablement, and related services that support technology vendors and channel partners worldwide.
FAQs about TD SYNNEX (SNX)
Stock Performance
TD SYNNEX CORPORATION (SNX) stock last traded at $152.77, up 3.60% from the previous close. Over the past 12 months, the stock has gained 17.9%, ranking #626 in 52-week price change. At a market capitalization of $12.5B, SNX is classified as a large-cap stock with approximately 80.6M shares outstanding.
Latest News
TD SYNNEX CORPORATION has 10 recent news articles. Of the recent coverage, 7 articles coincided with positive price movement and 3 with negative movement. Key topics include earnings date, management, AI. View all SNX news →
SEC Filings
TD SYNNEX CORPORATION has filed 5 recent SEC filings, including 2 Form 4, 1 Form 144, 1 Form ARS, 1 Form DEF 14A. The most recent filing was submitted on March 5, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all SNX SEC filings →
Insider Radar
Insider selling at TD SYNNEX CORPORATION over the past 90 days can reflect routine portfolio management, scheduled trading plans (Rule 10b5-1), tax planning, or compensation-related dispositions rather than a directional view on the stock.
Financial Highlights
TD SYNNEX CORPORATION generated $62.5B in revenue over the trailing twelve months, retaining a 7.0% gross margin, operating income reached $1.4B (2.3% operating margin), and net income was $827.7M, reflecting a 1.3% net profit margin. Diluted earnings per share stood at $9.95. The company generated $1.5B in operating cash flow. With a current ratio of 1.21, the company maintains adequate short-term liquidity.
Upcoming Events
Q1 FY2026 earnings release
TD SYNNEX CORPORATION has 1 upcoming scheduled event. The next event, "Q1 FY2026 earnings release", is scheduled for March 31, 2026 (in 8 days). Investors can track these dates to stay informed about potential catalysts that may affect the SNX stock price.
Short Interest History
Short interest in TD SYNNEX CORPORATION (SNX) currently stands at 1.2 million shares, up 6.8% from the previous reporting period, representing 1.6% of the float. Over the past 12 months, short interest has decreased by 61.2%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for TD SYNNEX CORPORATION (SNX) currently stands at 1.5 days, up 42.9% from the previous period. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The days to cover has decreased 29.9% over the past year, suggesting improved liquidity for short covering. The ratio has shown significant volatility over the period, ranging from 1.1 to 7.6 days.
SNX Company Profile & Sector Positioning
TD SYNNEX CORPORATION (SNX) operates in the Electronics & Computer Distribution industry within the broader Wholesale-computers & Peripheral Equipment & Software sector and is listed on the NYSE. Among dividend-paying stocks, SNX ranks #1,219 by dividend yield. In monthly performance, the stock ranks #465 among all tracked companies.
Investors comparing SNX often look at related companies in the same sector, including Arrow Electrs Inc (ARW), Avnet (AVT), Insight Enter (NSIT), Ionq Inc (IONQ), and Logitech Intl S A (LOGI). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate SNX's relative position within its industry.