SNX Q3 Deep Dive: Margin Mix and Large-Scale AI Infrastructure Shape Outlook

IT distribution giant TD SYNNEX (NYSE:SNX) reported Q3 CY2026 results beating Wall Street’s revenue expectations, with sales up 37.7% year on year to $21.56 billion. On top of that, next quarter’s revenue guidance ($22.2 billion at the midpoint) was surprisingly good and 13.5% above what analysts were expecting. Its non-GAAP profit of $5.68 per share was 20.8% above analysts’ consensus estimates.