TD SYNNEX delivered stronger revenue and profit in its fiscal third quarter, lifted by growth across its global technology distribution business.
For the quarter ending Aug. 31, the company reported revenue of $15.7 billion, up 6.6% from $14.7 billion a year earlier. Net income climbed 27% to $226.8 million, compared with $178.6 million in the prior quarter.
On an adjusted basis, gross billing reached $22.7 billion, up 12.1% from $20.3 billion last year. Adjusted net income was $296.2 million, an increase of more than 20% from $245.4 million a year earlier.
“Our performance is a clear result of our teams’ strong execution, a differentiated go-to-market strategy, and a global, end-to-end portfolio of products and services,” said Patrick Zammit, chief executive officer of TD SYNNEX.
In the Americas, revenue totaled $9.3 billion, up 2% from a year earlier. Europe posted $5.2 billion in revenue, a 12.7% increase, while the Asia-Pacific and Japan region grew the fastest, with revenue of $1.2 billion, up 20.4% year over year.
Through the first nine months of fiscal 2025, TD SYNNEX generated $47.1 billion in revenue, up 4.4% from $45.1 billion in the same period of 2024. Net income rose 12% to $595.3 million, compared with $532.5 million a year earlier.
For the fiscal fourth quarter, the company projected revenue between $16.5 billion and $17.3 billion, with net income forecast to range from $204 million to $245 million.
TD SYNNEX is one of the world’s largest technology distributors, supplying a broad range of IT products and services — including cloud platforms, software, data center infrastructure, and endpoint solutions — to resellers and businesses in more than 100 countries.
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