Filing Flows › TD Synnex (SNX) › Q3 FY25
TD Synnex (SNX) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Oct 1, 2025
TD Synnex (SNX) reported revenue of $15.7B for the third quarter fiscal 2025 (Q3 FY25), +7% from a year earlier and +5% from the quarter before. Operating margin was 2.5%, net earnings $227M (1.4% of revenue).
TD Synnex, Q3 FY25: revenue $15.7B (+7% year over year), operating margin 2.5%, net earnings $227M, operating cash flow $246M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $15.7B | +5% | +7% |
| Gross profit | $1.1B | +8% | +18% |
| Operating profit | $384M | +17% | +27% |
| Net earnings | $227M | +23% | +27% |
| Operating cash flow | $246M | -57% | -36% |
| Free cash flow | $214M | -61% | -37% |
What changed
Revenue was $15.7B in Q3 FY25, up 7% year over year and up 5% from the previous quarter.
Gross margin was 7.2%, up 0.7 points from a year earlier. Operating profit was $0.38B, a 2.5% margin (up 0.4 points year over year). Of the extra revenue versus a year earlier, 8% reached operating profit, above the 2% margin then. Operating expenses grew 13% against revenue growth of 7%. Net earnings were $0.23B, up 27% year over year. The effective tax rate was 22.7%.
Operating cash flow was $0.25B (down 36% year over year), 109% of net earnings. Non-cash charges added back $0.11B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.10B. Capital expenditures of $0.03B left free cash flow of $0.21B.
Questions
What was TD Synnex's revenue in the third quarter fiscal 2025?
TD Synnex (SNX) reported revenue of $15.7B for the third quarter fiscal 2025 (Q3 FY25), +7% from a year earlier and +5% from the quarter before.
Was TD Synnex profitable in the third quarter fiscal 2025?
Operating profit was $384M (2.5% of revenue) and net earnings $227M.
Source: TD Synnex 10-Q on SEC EDGAR.