TD SYNNEX CORPORATION
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $62.51B | $58.45B | $57.56B | $62.34B | $31.61B | $19.98B | $19.07B | $20.05B |
| Cost of Revenue | $58.14B | $54.47B | $53.60B | $58.44B | $29.72B | $18.78B | $17.91B | $1.51B |
| Gross Profit | $4.37B | $3.98B | $3.96B | $3.90B | $1.89B | $1.19B | $1.16B | $1.93B |
| Gross Margin | 7.0% | 6.8% | 6.9% | 6.3% | 6.0% | 6.0% | 6.1% | 9.6% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $2.95B | $2.72B | $2.67B | $2.63B | $1.15B | $665.1M | $636.8M | $1.38B |
| Operating Income | $1.41B | $1.19B | $1.08B | $1.05B | $623.2M | $521.3M | $519.4M | $550.2M |
| Operating Margin | 2.3% | 2.0% | 1.9% | 1.7% | 2.0% | 2.6% | 2.7% | 2.7% |
| Interest Expense | — | — | — | — | — | $133.0M | $172.8M | $92.9M |
| Pretax Income | $1.06B | $866.0M | $789.5M | $827.1M | $466.5M | $436.1M | $473.3M | $456.6M |
| Income Tax Expense | $229.6M | $176.9M | $162.6M | $175.8M | $71.4M | $101.6M | $111.1M | $156.6M |
| Net Income | $827.7M | $689.1M | $626.9M | $651.3M | $395.1M | $529.2M | $500.7M | $300.0M |
| Net Margin | 1.3% | 1.2% | 1.1% | 1.0% | 1.2% | 2.6% | 2.6% | 1.5% |
| EPS (Basic) | $9.99 | $7.99 | $6.72 | $6.79 | $6.28 | $10.28 | $9.79 | $7.21 |
| EPS (Diluted) | $9.95 | $7.95 | $6.70 | $6.77 | $6.24 | $10.21 | $9.74 | $7.17 |
| Shares Outstanding (Basic) | 82.1M | 85.5M | 92.6M | 95.2M | 62.2M | 50.9M | 50.7M | 41.2M |
| Shares Outstanding (Diluted) | 82.4M | 85.9M | 92.9M | 95.5M | 62.7M | 51.2M | 50.9M | 41.5M |
| Dividends Per Share | $1.76 | $1.60 | $1.40 | $1.20 | $0.80 | $0.40 | $1.50 | $1.40 |