Operations
As of September 26, 2026
Q3 Revenue
↑ 37.7% YoY
$21.6B
Divisions
Americas Distribution
47.9%
Europe Distribution
29.5%
APJ Distribution
5.0%
Hyve Solutions
17.6%
Key Earnings Driver
Hyve Solutions Americas Distribution revenue increased 39.9% year over year to $10.319B, Europe Distribution revenue increased 30.2% to $6.366B, APJ Distribution revenue increased 21.7% to $1.071B, and Hyve Solutions revenue increased 51.7% to $3.802B. Management stated they delivered another record quarter, with Distribution and Hyve both performing above our expectations and growing above market.
Key Operating Metrics¹
METRIC
STATUS
Americas Distribution↑ 39.9%
Europe Distribution↑ 30.2%
Hyve Solutions↑ 51.7%
🟢 Scaling
Key Financial Metrics
Gross Margin
6.61%
-0.61 pp YoY
Backlog / Revenue
N/A
CapEx Intensity
0.27%
0.00x Revenue
Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from TD Synnex website and/or SEC filings for Q3, with status based on reported data.