TD SYNNEX Corporation reported a consolidated revenue of $62.5 billion for the fiscal year ending November 30, 2025, marking a 6.9% increase from $58.5 billion in the previous year. The company's gross profit also rose to $4.37 billion, up 9.7% from $3.98 billion, resulting in a gross margin of 6.99%, compared to 6.81% in fiscal 2024. Net income for the year was $827.7 million, reflecting a 20.2% increase from $689.1 million in the prior year, with diluted earnings per share rising to $9.95 from $7.95.
The company experienced significant growth across its segments, particularly in Europe and the Asia-Pacific region, where revenues increased by 10.5% and 15.2%, respectively. The Americas segment saw a more modest growth of 4.0%. However, the overall revenue growth was tempered by a shift in product mix that led to additional revenue being presented on a net basis, which negatively impacted revenue growth by approximately $2.8 billion. The impact of foreign currency fluctuations, particularly the strengthening of the euro against the U.S. dollar, also played a role in the revenue figures.
Strategically, TD SYNNEX completed the acquisition of Apptium Technologies, a software development company, for approximately $105.1 million on July 1, 2025. This acquisition is part of the company's ongoing strategy to enhance its technology solutions and expand its capabilities. The company continues to focus on integrating its operations following the merger with Tech Data Corporation in September 2021, which has been a significant driver of its growth and operational efficiency.
Operationally, TD SYNNEX serves over 150,000 active resellers globally and has a workforce of approximately 24,000 full-time employees, supplemented by around 6,000 temporary workers. The company reported a cash conversion cycle of 16 days, a slight improvement from 18 days in the previous year, indicating enhanced efficiency in managing working capital. The company also maintains a strong liquidity position, with cash and cash equivalents totaling $2.4 billion as of November 30, 2025.
Looking ahead, TD SYNNEX anticipates continued growth driven by digital transformation and cloud computing trends. The company is focused on expanding its market share and enhancing its service offerings, while also navigating potential challenges such as economic volatility and competitive pressures in the IT distribution sector. The management remains optimistic about leveraging its strategic acquisitions and operational efficiencies to drive future performance.
About TD SYNNEX CORP
TD SYNNEX is a global distributor and solutions aggregator in the IT industry, offering hardware, software, and systems across multiple segments including endpoint and data center solutions. Serving resellers, retailers, and enterprise customers worldwide, it provides supply chain management, design, integration, logistics, and cloud services. Its value lies in connecting vendors with diverse markets, supporting digital transformation, and delivering comprehensive IT solutions.
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