TD SYNNEX Sees Revenue Surge to $14.95B in Q2 2025 Amid Financial Gains and Rising Challenges

Company Overview: TD SYNNEX Corporation (NYSE: SNX) is a leading global distributor and solutions aggregator for the IT ecosystem, headquartered in Fremont, California. The company helps bring products from various technology vendors to market, supporting customers with integrated solutions.

Recent Financial Performance Highlights:

• Revenue Growth: In Q2 2025, TD SYNNEX recorded revenue of $14.95 billion, up from $13.95 billion in Q2 2024 (7.2% increase). For six months, revenue reached $29.48 billion, marking a 5.6% rise compared to $27.92 billion.
• Gross Profit: Increased to $1.05 billion (7.0% of revenue) for Q2 2025 from $973.5 million (6.98% of revenue) in Q2 2024. Accumulated gross profit for six months was $2.04 billion.
• Net Income: Reported at $184.9 million for Q2 2025, up from $143.6 million in 2024 (28.8% increase). Net income for six months was $352.5 million, compared to $315.7 million last year.
• Earnings Per Share (EPS): Basic EPS for Q2 2025 was $2.22, up from $1.67 in Q2 2024. Diluted EPS was $2.21, reflecting similar growth.

Positive Aspects:

• Significant revenue increase driven by both Endpoint and Advanced Solutions portfolios.
• Gross profit and net income improved significantly, enhancing profitability metrics.
• Stockholders' equity increased to $8.34 billion from $8.03 billion, confirming solid financial health.

Negative Aspects:

• Interest expenses rose to $90 million in Q2 2025 from $76.7 million in Q2 2024 due to increased short-term borrowings.
• Cash and cash equivalents decreased to $767.1 million from $1.06 billion over the same period, indicating liquidity concerns.
• Acquisition, integration, and restructuring costs totaling $664,000 in Q2 2025 (although down from previous periods), highlight ongoing costs associated with recent mergers.

Key Statistics:

• Total Revenue (Q2 2025): $14.95 billion (up 7.2% YoY)
• Gross Profit Margin: 7.00% in Q2 2025
• Net Income (Q2 2025): $184.9 million
• Basic EPS (Q2 2025): $2.22
• Cash and Cash Equivalents: $767.1 million

Conclusion: While TD SYNNEX has demonstrated strong revenue and profit growth, it faces challenges such as increased interest expenses and liquidity levels, which investors should monitor closely.