Td Synnex (SNX) Operating Expenses (2010 - 2026)
Td Synnex (SNX) reported Operating Expenses of $784.64 million for fiscal Q3 2026 (quarter ended Aug 31, 2026), up 4.8% from $748.5 million a year earlier but down 4.6% from the prior quarter.
Td Synnex (SNX) Operating Expenses (2010 - 2026) Analysis & Trends
Over the twelve months ended Aug 31, 2026, Td Synnex's Operating Expenses came in at $3.16 billion, up 9.9% year-over-year; for FY2025 (ended Nov 30, 2025), it came in at $2.95 billion, up 6.0% from FY2024.
- Operating Expenses has a five-year compound annual growth rate of 34.4% (FY2020 to FY2025).
- By fiscal year, Operating Expenses came in at $2.79 billion in FY2024 (-3.2%), $2.88 billion in FY2023 (+1.0%), $2.85 billion in FY2022 (+125.0%) and $1.27 billion in FY2021 (+88.3%).
- Five-year quarterly Operating Expenses spans a low of $658.17 million in fiscal Q3 2024 and a high of $822.22 million in fiscal Q2 2026.
- Year over year, Operating Expenses has now increased in each of the last six quarters, with growth averaging 6.4% over the last eight quarters.
- The high point for year-over-year Operating Expenses in five years was fiscal Q4 2021 (growth of 377.0%); the low point was fiscal Q3 2024 (a decline of 10.0%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $822.22 million (Q2 2026), $763.67 million (Q1 2026) and $792.06 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 50.24 Bn | 36.74 Bn | 1.60 Bn | 528.00 Mn |
| 2 | Cognizant Technology Solutions | 31.12 Bn | 24.28 Bn | 1.83 Bn | 812.00 Mn |
| 3 | Wipro | 20.11 Bn | 14.81 Bn | 738.00 Mn | 2.23 Bn |
| 4 | Td Synnex | 19.66 Bn | 13.82 Bn | 1.43 Bn | 784.64 Mn |
| 5 | Cdw | 19.39 Bn | 17.38 Bn | 1.32 Bn | 891.20 Mn |
| 6 | Cgi | 16.87 Bn | 14.67 Bn | - | - |
| 7 | Arrow Electronics | 11.10 Bn | 10.05 Bn | 1.13 Bn | 747.88 Mn |
| 8 | Avnet | 7.54 Bn | 6.72 Bn | 865.03 Mn | 634.01 Mn |
| 9 | EPAM Systems | 6.64 Bn | 2.28 Bn | 429.57 Mn | 245.25 Mn |
| 10 | Ingram Micro Holding | 6.19 Bn | 1.79 Bn | 958.68 Mn | 722.71 Mn |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 784.64 Mn |
| May 31, 2026 | 822.22 Mn |
| Feb 28, 2026 | 763.67 Mn |
| Nov 30, 2025 | 792.06 Mn |
| Aug 31, 2025 | 748.50 Mn |
| May 31, 2025 | 718.90 Mn |
| Feb 28, 2025 | 694.61 Mn |
| Nov 30, 2024 | 716.13 Mn |
| Aug 31, 2024 | 658.17 Mn |
| May 31, 2024 | 709.60 Mn |
| Feb 29, 2024 | 703.19 Mn |
| Nov 30, 2023 | 731.83 Mn |
| Aug 31, 2023 | 731.04 Mn |
| May 31, 2023 | 710.53 Mn |
| Feb 28, 2023 | 705.41 Mn |
| Nov 30, 2022 | 725.56 Mn |
| Aug 31, 2022 | 674.50 Mn |
| May 31, 2022 | 703.05 Mn |
| Feb 28, 2022 | 746.22 Mn |
| Nov 30, 2021 | 757.81 Mn |
Td Synnex Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=SNX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "SNX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=SNX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();