# TD SYNNEX earned $1.08 billion in nine months while its operations used $2.08 billion of cash

![TD SYNNEX earned $1.08 billion in nine months while its operations used $2.08 billion of cash](https://aiswingx.com/static/covers/snx-fy26q3_cover.jpg?v=1793033023)

**Inventory grew by $5,783.6 million in nine months. The company cited inventory built mainly to support growth in its Hyve Solutions business.**

TD SYNNEX (SNX) earned net income of $1,077.2 million in the nine months to August 31, according to its fiscal third-quarter 2026 report on Form 10-Q filed October 1. Over the same period its operations used $2,078.2 million of cash. A year earlier they provided $71.3 million.

- 종목: SNX (TD SYNNEX)
- 분기: FY26Q3 · 10-Q
- 작성: 2026-10-26 16:45 UTC
- 원문: https://aiswingx.com/p/snx-fy26q3

## 숫자 하나
For the nine months of fiscal 2026 (December 1, 2025 to August 31, 2026), net income was $1,077.2 million and operating cash flow was −$2,078.2 million.

## 비유 하나
(구독자 전용)

## 출처 하나
TD SYNNEX Form 10-Q (fiscal Q3 2026, filed 2026-10-01), consolidated statements of cash flows and balance sheets, MD&A cash conversion cycle and operating activities, Note 11 (segments), SEC EDGAR accession 0001628280-26-064256

## 다음 분기에 볼 것
(구독자 전용)

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## What happened

TD SYNNEX (SNX) filed its quarterly report on Form 10-Q for the third quarter of fiscal 2026 on October 1. Its fiscal year ends November 30; this quarter ran from June 1 to August 31, 2026.

The cash flow statement is cumulative from the start of the fiscal year. Net income for the nine months was $1,077.2 million.

Over the same nine months, operations used $2,078.2 million of cash. A year earlier they provided $71.3 million.

TD SYNNEX distributes IT products and also runs Hyve Solutions, a segment that builds data-center equipment. All figures are as stated in the filing.

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## FAQ

**Q. Why did cash go out when the company made a profit?**

In the 10-Q the company attributes it mainly to a larger increase in inventory to support growth in Hyve Solutions, and to higher receivables from revenue growth, partly offset by higher accounts payable and higher net income.

**Q. Why is the fiscal year different?**

TD SYNNEX's fiscal year ends November 30. Its third quarter of fiscal 2026 ran from June 1 to August 31, 2026.

**Q. Where can I check these numbers myself?**

On SEC EDGAR, TD SYNNEX's fiscal Q3 2026 10-Q (accession 0001628280-26-064256): the consolidated statement of cash flows and the 'Cash Conversion Cycle' and 'Operating Activities' parts of MD&A.