TD SYNNEX revenue up 18% to $17.2B; gross margin expands 43bp; new Hyve segment disclosed

Filed April 2, 2026 · Period ending February 28, 2026 · Compared to 10-Q Apr 2, 2025 · ~1 min read

Key Changes

• high

  Revenue grew 18.1% to $17.2 billion driven by Advanced/Endpoint Solutions and Hyve manufacturing, with gross margin expanding 43 basis points to 7.30% and operating margin rising 75 basis points to 2.85%.

  MD&A: Consolidated Results verify on EDGAR →
• high

  Company reorganized into four segments, elevating Hyve Solutions (design/manufacturing for hyperscale customers) from embedded to standalone reporting. Hyve revenue grew 18.1% to $2.2B with operating margin up 181bp to 7.23%.

  MD&A: Segment Structure verify on EDGAR →
• high

  Net income rose 95% to $326.9M and diluted EPS jumped 104% to $4.04, boosted by a $22.4 million gain on sale of equity securities (excluded from non-GAAP results).

  MD&A: Net Income verify on EDGAR →