Tech
TD SYNNEX Posts Record Quarter and Falls 10% as Free Cash Flow Swings to Negative $976 Million
Revenue rose 38% and earnings beat by nearly a dollar a share, but the hyperscaler business consumed about $1 billion of cash building inventory.
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By Tomás Videla
Sep 25, 2026 · 7 min read
TD SYNNEX beat Wall Street estimates on every line in its fiscal third quarter and raised its outlook, and the stock fell 9.87% to close at $259.47 on Sept. 24. The reason was cash.
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Tomás Videla
Tomás writes about growth-stage companies, compensation and the private markets that fund them.
Tomás writes about growth-stage companies, compensation and the private markets that fund them.