TD SYNNEX (SNX) Q2 2025

Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025

Earnings

TD SYNNEX delivered a broad-based beat in its fiscal second quarter of 2025, with revenue of $14.95 billion rising 7.2% year over year and clearing the $14.32 billion consensus by 4.41%, while non-GAAP diluted EPS of $2.99 topped the $2.75 analyst es… Read more TD SYNNEX delivered a broad-based beat in its fiscal second quarter of 2025, with revenue of $14.95 billion rising 7.2% year over year and clearing the $14.32 billion consensus by 4.41%, while non-GAAP diluted EPS of $2.99 topped the $2.75 analyst estimate by 8.93%. The standout driver was a surge in non-GAAP gross billings to $21.65 billion, up 12.1% year over year, reflecting strength across software, cloud, cybersecurity, and a PC refresh cycle that lifted all three geographic segments; Americas contributed $9.01 billion, Europe $4.89 billion, and APJ $1.05 billion. Free cash flow swung sharply positive to $542.94 million from negative $152.53 million a year earlier, and the company returned $186 million to shareholders through buybacks and dividends. Despite the strong print, management adopted a measured tone on the outlook, citing macroeconomic uncertainty and potential trade headwinds, guiding fiscal Q3 non-GAAP EPS of $2.75 to $3.25 on revenue of $14.70 billion to $15.50 billion.