# TD SYNNEX revenue rises 37.7% to $21.6 billion in fiscal third quarter

_Published Saturday, September 26, 2026 at 10:19 AM EDT · Products, Infrastructure · Latest · Tier 2 — Notable_

![TD SYNNEX revenue rises 37.7% to $21.6 billion in fiscal third quarter — Primary](https://cdn.pulse2.com/cdn/2022/09/TD-Synnex.png)

TD SYNNEX reported fiscal third-quarter revenue of $21.6 billion, up 37.7% from a year earlier, as its Distribution and Hyve Solutions businesses benefited from demand for technology infrastructure. Hyve designs and manufactures computing systems for cloud and accelerated workloads. The company posted $416 million in GAAP net income, compared with $227 million a year earlier, and raised its quarterly dividend 9% to $0.48 per share.

Despite the sales growth, its GAAP gross margin fell to 6.61% from 7.22%. TD SYNNEX forecasts fourth-quarter revenue of $21.8 billion to $22.6 billion.

## Sources

- [Pulse 2.0](https://pulse2.com/td-synnex-reports-record-21-6-billion-q3-revenue-up-37-7-and-raises-quarterly-dividend/)

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Canonical: https://techandbusiness.org/newswire/2-XRYP6baP0K3V6DJ-XVMm
Published: 2026-09-26T14:19:31.888Z
Story chronology: 2026-09-26T12:20:39.000Z
Retrieved: 2026-09-26T16:53:47.244Z
Publisher: Tech & Business (techandbusiness.org)