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Eplus vs TD Synnex: revenue, profit, margins and growth compared

Eplus brought in $2.4B of revenue in fiscal 2026, TD Synnex $62.5B in fiscal 2025. Revenue changed by +22.1% at Eplus and +6.9% at TD Synnex on the year before, so Eplus grew faster. Eplus kept 5.4% of its revenue as net profit, TD Synnex 1.3%. Free cash flow was -$120.7M at Eplus and $1.4B at TD Synnex.

Side by side, latest fiscal year

PLUSSNX
Fiscal year endedFY2026 (March 31, 2026)FY2025 (November 30, 2025)
Revenue$2.4B$62.5B
Revenue growth+22.1%+6.9%
Net income$132.6M$827.7M
Net margin5.4%1.3%
Free cash flow-$120.7M$1.4B
Free cash flow margin-4.9%2.2%
Earnings per share (diluted)$5.03$9.95
Cash$410.8M$2.4B
Debtn/a$3.6B
Price to earnings18.026.4
Market value$2.4B$21B
Dividend yield0.83%0.67%
Rank by revenue in sector#139 of 530 · Technology#12 of 530 · Technology

Over the years

Revenue
PLUS FY2019: $1.4BPLUS FY2020: $1.6BPLUS FY2021: $1.6BPLUS FY2022: $1.8BPLUS FY2023: $2.1BPLUS FY2024: $2.2BPLUS FY2025: $2BPLUS FY2026: $2.4BSNX FY2018: $20.1BSNX FY2019: $19.1BSNX FY2020: $20BSNX FY2021: $31.6BSNX FY2022: $62.3BSNX FY2023: $57.6BSNX FY2024: $58.5BSNX FY2025: $62.5BFY18FY19FY20FY21FY22FY23FY24FY25FY26
PLUS $2.4BSNX $62.5B
Net income
PLUS FY2019: $63.2MPLUS FY2020: $69.1MPLUS FY2021: $74.4MPLUS FY2022: $105.6MPLUS FY2023: $119.4MPLUS FY2024: $118MPLUS FY2025: $104.6MPLUS FY2026: $132.6MSNX FY2018: $300MSNX FY2019: $500.7MSNX FY2020: $529.2MSNX FY2021: $395.1MSNX FY2022: $651.3MSNX FY2023: $626.9MSNX FY2024: $689.1MSNX FY2025: $827.7MFY18FY19FY20FY21FY22FY23FY24FY25FY26
PLUS $132.6MSNX $827.7M
Net margin
PLUS FY2019: 4.6%PLUS FY2020: 4.3%PLUS FY2021: 4.7%PLUS FY2022: 5.8%PLUS FY2023: 5.8%PLUS FY2024: 5.4%PLUS FY2025: 5.2%PLUS FY2026: 5.4%SNX FY2018: 1.5%SNX FY2019: 2.6%SNX FY2020: 2.6%SNX FY2021: 1.2%SNX FY2022: 1.0%SNX FY2023: 1.1%SNX FY2024: 1.2%SNX FY2025: 1.3%FY18FY19FY20FY21FY22FY23FY24FY25FY26
PLUS 5.4%SNX 1.3%
Revenue growth
PLUS FY2020: +15.7%PLUS FY2021: -1.3%PLUS FY2022: +16.1%PLUS FY2023: +13.5%PLUS FY2024: +5.3%PLUS FY2025: -8.2%PLUS FY2026: +22.1%SNX FY2019: -4.9%SNX FY2020: +4.8%SNX FY2021: +58.3%SNX FY2022: +97.2%SNX FY2023: -7.7%SNX FY2024: +1.6%SNX FY2025: +6.9%FY19FY20FY21FY22FY23FY24FY25FY26
PLUS +22.1%SNX +6.9%
Free cash flow
PLUS FY2024: $240.8MPLUS FY2025: $296.9MPLUS FY2026: -$120.7MSNX FY2018: -$24.6MSNX FY2019: $412.5MSNX FY2020: $1.8BSNX FY2021: $770.1MSNX FY2022: -$114.9MSNX FY2023: $1.3BSNX FY2024: $1BSNX FY2025: $1.4BFY18FY19FY20FY21FY22FY23FY24FY25FY26
PLUS -$120.7MSNX $1.4B

Fiscal years as each company reports them; the two may end in different months.

Questions about Eplus and TD Synnex

Which is bigger by revenue, Eplus or TD Synnex?

TD Synnex is bigger by revenue: $62.5B in fiscal 2025, against $2.4B for Eplus in fiscal 2026.

Which keeps more of its revenue as profit, Eplus or TD Synnex?

Eplus had a net margin of 5.4% in fiscal 2026; TD Synnex had 1.3% in fiscal 2025.

Which grew revenue faster, Eplus or TD Synnex?

In their latest fiscal years revenue changed by +22.1% at Eplus and +6.9% at TD Synnex.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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