Td Synnex (SNX) Gross Margin (2010 - 2026)
Td Synnex (SNX) reported Gross Margin of 7.3% for Q1 2026, up 43.0% on a YoY basis from 5.1% in Q1 2025, and up 6.13% quarter-over-quarter from 6.87% in Q4 2025.
Td Synnex (SNX) Gross Margin (2010 - 2026) Analysis & Trends
Td Synnex has reported Gross Margin for 17 years, with the latest figure at 7.3% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 43.0% year-over-year to 7.3%; the trailing twelve-month figure through Feb 2026 stood at 7.1% (up 36.0% YoY), and the FY2025 full-year result was 6.99%, up 18.0% from the prior year.
- Gross Margin for Q1 2026 stood at 7.3%, up from 6.87% in the prior quarter.
- The five-year high for Gross Margin was 7.3% in Q1 2026, with the low at 5.97% in Q3 2022.
- Historically, Gross Margin has averaged 6.77% across 5 years, with a median of 6.87% in 2025.
- Annual changes were most pronounced in 2023 — Gross Margin soared 99 bps — and 2024, when it sank 50 bps.
- Td Synnex's Gross Margin stood at 6.52% in 2022, then advanced by 8 bps to 7.07% in 2023, then dropped by 7 bps to 6.57% in 2024, then advanced by 5 bps to 6.87% in 2025, then gained by 6 bps to 7.3% in 2026.
- The last three Gross Margin figures came in at 7.3% (Q1 2026), 6.87% (Q4 2025), and 7.22% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Td Synnex | 22.21 Bn | 20.64 Bn | 1.25 Bn | 7.30% |
| 2 | Arrow Electronics | 11.40 Bn | 11.19 Bn | 1.09 Bn | 11.51% |
| 3 | Avnet | 7.25 Bn | 7.04 Bn | 739.06 Mn | 10.38% |
| 4 | Insight Enterprises | 3.40 Bn | 2.96 Bn | 462.15 Mn | 21.72% |
| 5 | Pc Connection | 1.80 Bn | 1.39 Bn | 132.74 Mn | 18.39% |
| 6 | Scansource | 1.08 Bn | 954.90 Mn | 107.12 Mn | 13.97% |
| 7 | Climb Global Solutions | 422.06 Mn | 380.29 Mn | 26.50 Mn | 14.53% |
| 8 | Iczoom | 5.33 Mn | -3.05 Mn | - | - |
| 9 | Surge Components | - | - | 2.41 Mn | 29.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 7.30% |
| Nov 30, 2025 | 6.87% |
| Aug 31, 2025 | 7.22% |
| May 31, 2025 | 7.00% |
| Feb 28, 2025 | 6.87% |
| Nov 30, 2024 | 6.57% |
| Aug 31, 2024 | 6.54% |
| May 31, 2024 | 6.98% |
| Feb 29, 2024 | 7.20% |
| Nov 30, 2023 | 7.07% |
| Aug 31, 2023 | 6.96% |
| May 31, 2023 | 6.85% |
| Feb 28, 2023 | 6.63% |
| Nov 30, 2022 | 6.52% |
| Aug 31, 2022 | 5.97% |
| May 31, 2022 | 6.26% |
| Feb 28, 2022 | 6.26% |
| Nov 30, 2021 | 6.04% |
| Aug 31, 2021 | 6.00% |
| May 31, 2021 | 5.62% |