---
schema_version: "secwatch.filing_event.v1"
accession: "0001177394-23-000043"
form_type: "8-K"
ticker: "SNX"
cik: "0001177394"
company_name: "TD SYNNEX CORP"
filed_at: "2023-06-27T23:59:59+00:00"
generated_at: "2026-06-13T16:02:12.305990+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# TD SYNNEX Q2 revenue $14.1B, down 7.9% YoY; non-GAAP EPS $2.43, down 10.7%; achieves $200M cost synergy target

## Summary
- Revenue $14.06B (-7.9% YoY); non-GAAP gross billings $18.72B (-4.9% YoY).
- GAAP diluted EPS $1.41 (-9.0%); non-GAAP diluted EPS $2.43 (-10.7%), in-line with guidance.
- Operating margin improved 14 bps to 1.80%; non-GAAP margin 2.67% (+6 bps).
- Achieved $200M merger-related cost synergy target ahead of schedule; targeting additional $50M savings.
- Returned $93M to shareholders via $60M in buybacks and $33M in dividends; dividend $0.35/share declared.

## SEC filing metadata
- accession: 0001177394-23-000043
- form_type: 8-K
- ticker: SNX
- cik: 0001177394
- company_name: TD SYNNEX CORP
- filed_at: 2023-06-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1177394/000117739423000043/0001177394-23-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1177394/000117739423000043/snx-20230627.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001177394-23-000043
- JSON: https://secwatch.observer/filing/0001177394-23-000043.json
- Plain text: https://secwatch.observer/filing/0001177394-23-000043.txt

## Key facts
- Earnings Releases
  TD SYNNEX CORP reported the fiscal second quarter ended May 31, 2023 results: revenue $14.1 billion, net income $133.1 million, EPS Diluted EPS $1.41.
  - Period: the fiscal second quarter ended May 31, 2023
  - Revenue: $14.1 billion
  - Net income: $133.1 million
  - EPS: Diluted EPS $1.41
  - Result: reported results
  source text: TD SYNNEX Reports Fiscal 2023 Second Quarter Results • Revenue of $14.1 billion, down 7.9% from the prior fiscal second quarter, down 7.0% in constant currency. • Non-GAAP gross billings of $18.7 billion, down 4.9% from the prior fiscal second quarter. • Operating income of $253 million, flat from the prior fiscal second quarter and non-GAAP operating income of $376 million, down 5.6% from the prior fiscal second quarter. • Diluted earnings per share (“EPS”) of $1.41, down 9.0% from the prior fiscal second quarter and non-GAAP diluted EPS of $2.43, down 10.7% from the prior fiscal second quarter, in-line with guidance provided and including a $26 million headwind from higher interest expense.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1177394/000117739423000043/0001177394-23-000043-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.