Filing Flows › TD Synnex (SNX) › Q4 FY25
TD Synnex (SNX) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Jan 27, 2026
TD Synnex (SNX) reported revenue of $17.4B for the fourth quarter fiscal 2025 (Q4 FY25), +10% from a year earlier and +11% from the quarter before. Operating margin was 2.3%, net earnings $248M (1.4% of revenue).
TD Synnex, Q4 FY25: revenue $17.4B (+10% year over year), operating margin 2.3%, net earnings $248M, operating cash flow $1.5B. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $17.4B | +11% | +10% |
| Gross profit | $1.2B | +6% | +15% |
| Operating profit | $399M | +4% | +23% |
| Net earnings | $248M | +10% | +28% |
| Operating cash flow | $1.5B | +493% | +160% |
| Free cash flow | $1.4B | +565% | +177% |
What changed
Revenue was $17.4B in Q4 FY25, up 10% year over year and up 11% from the previous quarter.
Gross margin was 6.9%, up 0.3 points from Q4 FY24. Operating profit was $0.40B, a 2.3% margin (up 0.2 points year over year). Of the extra revenue versus Q4 FY24, 5% reached operating profit, above the 2% margin then. Operating expenses grew 11% against revenue growth of 10%. Net earnings were $0.25B, up 28% year over year. The effective tax rate was 20.1%.
Operating cash flow was $1.5B (up 160% year over year), 588% of net earnings. Non-cash charges added back $0.11B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $1.1B. Capital expenditures of $0.04B left free cash flow of $1.4B.
Questions
What was TD Synnex's revenue in the fourth quarter fiscal 2025?
TD Synnex (SNX) reported revenue of $17.4B for the fourth quarter fiscal 2025 (Q4 FY25), +10% from a year earlier and +11% from the quarter before.
Was TD Synnex profitable in the fourth quarter fiscal 2025?
Operating profit was $399M (2.3% of revenue) and net earnings $248M.
Source: TD Synnex 10-K on SEC EDGAR.