TD SYNNEX CORP (NYSE:SNX) Surpasses Q3 2025 Earnings and Revenue Estimates

TD SYNNEX CORP (NYSE:SNX) reported financial results for its fiscal third quarter ended August 31, 2025, delivering a performance that surpassed analyst expectations on the top and bottom lines. The global IT distributor and solutions aggregator posted record revenue and earnings, driven by growth across its key portfolios.

Earnings and Revenue Versus Estimates

The company's results for the quarter exceeded the forecasts provided by market analysts. Revenue came in stronger than anticipated, while non-GAAP earnings per share demonstrated significant outperformance.

• Reported Revenue: $15.65 billion
• Analyst Estimated Revenue: ~$15.26 billion
• Reported Non-GAAP EPS: $3.58
• Analyst Estimated Non-GAAP EPS: ~$3.07

This positive earnings surprise was complemented by an optimistic outlook for the upcoming quarter. Management's revenue guidance for the fiscal fourth quarter of 2025 is set between $16.5 billion and $17.3 billion, which compares favorably to the analyst consensus estimate of approximately $16.15 billion. Similarly, the company's non-GAAP EPS outlook of $3.45 to $3.95 brackets the current analyst estimate of around $3.70.

Market Reaction

Following the earnings release, TD SYNNEX shares experienced modest downward pressure in pre-market trading. This movement suggests that while the results exceeded expectations, the market's reaction may be nuanced, potentially factoring in the company's performance relative to its own outlook or broader market conditions. The stock's performance over recent weeks has been relatively stable, showing minor fluctuations.

Quarterly Performance Highlights

The press release detailed robust year-over-year growth across several key financial metrics. The company highlighted strength in both its Advanced Solutions and Endpoint Solutions portfolios.

• Revenue: Increased 6.6% from $14.68 billion in the prior-year quarter.
• Gross Profit: Rose 17.6% to $1.13 billion, with gross margin expanding to 7.22% from 6.54%.
• Non-GAAP Operating Income: Grew 20.9% to $474.9 million.
• Non-GAAP Net Income: Increased 20.7% to $296.2 million.
• Regional Performance: All geographic regions—Americas, Europe, and Asia-Pacific and Japan—posted revenue growth, with the APJ region showing the strongest increase at 20.4%.

The company also emphasized its commitment to returning capital to shareholders, noting that it returned $210 million through share repurchases and dividends during the quarter.

Outlook and Forward Commentary

The provided outlook for the fourth quarter of fiscal 2025 indicates confidence in continued growth. The guidance ranges for both revenue and non-GAAP EPS suggest the company expects to maintain its positive momentum, with the midpoints of its ranges sitting above current analyst expectations. This forward-looking statement likely reinforces the underlying strength of the business model despite the immediate market reaction.

For a more detailed look at upcoming earnings dates and analyst estimates, you can review the information available on the TD SYNNEX earnings and estimates page.

Disclaimer: This article is for informational purposes only and does not constitute financial advice or a recommendation to buy or sell any security.