Td Synnex (SNX) Operating Expenses (2010 - 2026)
Td Synnex (SNX) reported Operating Expenses of $763.7 million for Q1 2026, up 9.94% on a YoY basis from $694.6 million in Q1 2025, and down 4.07% quarter-over-quarter from $796.1 million in Q4 2025.
Td Synnex (SNX) Operating Expenses (2010 - 2026) Analysis & Trends
Td Synnex has reported Operating Expenses for 17 years, with the latest figure at $763.7 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 9.94% year-over-year to $763.7 million; the trailing twelve-month figure through Feb 2026 stood at $3.0 billion (up 8.84% YoY), and the FY2025 full-year result was $3.0 billion, up 5.99% from the prior year.
- Operating Expenses for Q1 2026 stood at $763.7 million, down from $796.1 million in the prior quarter.
- The five-year high for Operating Expenses was $796.1 million in Q4 2025, with the low at $658.2 million in Q3 2024.
- Historically, Operating Expenses has averaged $719.6 million across 5 years, with a median of $716.1 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 358.31% — and 2024, when it slipped 9.97%.
- Td Synnex's Operating Expenses stood at $725.6 million in 2022, then grew by 0.86% to $731.8 million in 2023, then slipped by 2.14% to $716.1 million in 2024, then increased by 11.16% to $796.1 million in 2025, then declined by 4.07% to $763.7 million in 2026.
- The last three Operating Expenses figures came in at $763.7 million (Q1 2026), $796.1 million (Q4 2025), and $746.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Td Synnex | 22.21 Bn | 20.64 Bn | 1.25 Bn | 763.67 Mn |
| 2 | Arrow Electronics | 11.40 Bn | 11.19 Bn | 1.09 Bn | 728.86 Mn |
| 3 | Avnet | 7.25 Bn | 7.04 Bn | 739.06 Mn | 533.53 Mn |
| 4 | Insight Enterprises | 3.40 Bn | 2.96 Bn | 462.15 Mn | 383.98 Mn |
| 5 | Pc Connection | 1.80 Bn | 1.39 Bn | 132.74 Mn | 1.70 Mn |
| 6 | Scansource | 1.08 Bn | 954.90 Mn | 107.12 Mn | 79.56 Mn |
| 7 | Climb Global Solutions | 422.06 Mn | 380.29 Mn | 26.50 Mn | 21.13 Mn |
| 8 | Iczoom | 5.33 Mn | -3.05 Mn | - | - |
| 9 | Surge Components | - | - | 2.41 Mn | 2.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 763.67 Mn |
| Nov 30, 2025 | 796.09 Mn |
| Aug 31, 2025 | 746.20 Mn |
| May 31, 2025 | 718.23 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 |
| Aug 31, 2021 | 164.42 Mn |
| May 31, 2021 | 181.27 Mn |