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Get filing alertsTD SYNNEX reports record Q2: revenue up 31% to $19.6B, EPS up 62%, raises dividend 9%
Filed June 25, 2026 · Period ending June 25, 2026 · ~1 min read
Key Changes
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Q2 revenue of $19.6B (up 31% YoY) and non-GAAP EPS of $4.85 (up 62% YoY) both significantly exceeded guidance, driven by broad-based strength across Distribution and Hyve segments.
Item 2.02 verify on EDGAR → -
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Q3 guidance projects revenue of $18.2B–$19.0B and non-GAAP EPS of $4.25–$4.75, reflecting continued strong performance at slightly lower sequential levels than the record Q2.
Exhibit 99.1 view on EDGAR → -
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Board declared quarterly dividend of $0.48 per share (up 9% YoY), payable July 31 to shareholders of record July 17, demonstrating confidence in cash generation.
Item 2.02 verify on EDGAR → -
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Returned $151M to shareholders in Q2 through $112M in buybacks and $39M in dividends, continuing balanced capital allocation strategy.
Exhibit 99.1 view on EDGAR →
Summary
TD SYNNEX delivered a blowout second quarter for fiscal 2026, with revenue climbing 31% year-over-year to $19.6 billion and non-GAAP earnings per share surging 62% to $4.85—both well above the high end of guidance. The results reflect consistent execution and momentum across the company's Distribution and Hyve segments, marking a record quarter for the technology distributor. The Board responded by raising the quarterly dividend 9% to $0.48 per share, while the company also repurchased $112 million in stock during the quarter.
For Q3, management projects revenue of $18.2 billion to $19.0 billion with non-GAAP EPS of $4.25 to $4.75, indicating continued strength albeit at slightly lower sequential levels than the exceptional Q2 performance. The combination of strong operational results, increased shareholder returns, and confident forward guidance underscores TD SYNNEX's ability to capitalize on demand in the technology distribution market.
Section-by-Section Diff
Event · Exhibit 99.1
TD SYNNEX reported record Q2 FY2026 results with revenue of $19.6B (up 31% YoY), non-GAAP EPS of $4.85 (up 62% YoY), and raised its dividend 9%.
Added in current filing · view on EDGAR →
Revenue of $19.6 billion, an increase of 31.0% year over year, 29.1% in constant currency(1), and significantly above the high end of our outlook. ... Diluted earnings per share (“EPS”) of $4.15, and non-GAAP diluted EPS(1) of $4.85, an increase of 62.2% year over year and significantly above the high end of our outlook.
TD SYNNEX reported record second quarter fiscal 2026 results ending May 31, 2026. Revenue reached $19.6 billion, up 31% year-over-year, driven by broad-based strength across its Distribution and Hyve segments. Non-GAAP diluted earnings per share of $4.85 increased 62.2% year-over-year, significantly exceeding the high end of the company's guidance range. The results reflect consistent execution against the company's strategy and momentum from recent quarters.
Added in current filing · view on EDGAR →
Q3 2026 Outlook | Revenue $18.2 - $19.0 billion | Non-GAAP gross billings(1) | $27.2 - $28.2 billion | Net income $273 - $313 million | Non-GAAP net income(1) | $341 - $381 million | Diluted earnings per share $3.40 - $3.90 | Non-GAAP diluted earnings per share(1) | $4.25 - $4.75 Estimated outstanding diluted weighted average shares 79.4 million
The company provided guidance for the third quarter of fiscal 2026 ending August 31, 2026. Revenue is expected to range from $18.2 billion to $19.0 billion, with non-GAAP diluted EPS between $4.25 and $4.75. Non-GAAP gross billings are projected at $27.2 billion to $28.2 billion. The guidance reflects the company's expectations for continued strong performance, though at a slightly lower sequential level than the record Q2 results.
Show 1 minor / wording change
Added in current filing · view on EDGAR →
Gain on investments includes benefits recorded in other income (expense), net during the first and second quarters of fiscal 2026 resulting from realized gains upon sale of certain equity securities. ... Other income (expense), net ... 27,994
The company recorded realized gains from the sale of certain equity securities during the first and second quarters of fiscal 2026, contributing to other income of $28.0 million for the six-month period. These gains were excluded from non-GAAP results as they are not part of ongoing operations.
Event · Item 2.02 — Results of Operations and Financial Condition
TD SYNNEX disclosed Q2 FY2026 financial results and announced a $0.48 per share quarterly dividend.
Added in current filing · verify on EDGAR →
On June 25, 2026, TD SYNNEX Corporation (“TD SYNNEX”) issued a press release regarding TD SYNNEX’s financial results for its fiscal second quarter ended May 31, 2026
The company disclosed financial results for its fiscal second quarter ended May 31, 2026. The actual financial figures are contained in the press release exhibit, which is not included in this 8-K body text.
Added in current filing · verify on EDGAR →
the announcement of a dividend in the amount of $0.48 per common share in the third quarter of fiscal year 2026
TD SYNNEX declared a quarterly dividend of $0.48 per common share for the third quarter of fiscal year 2026. This represents the company's regular quarterly cash distribution to shareholders.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 25, 2026 · How we verify