vs
Side-by-side financial comparison of TD SYNNEX CORP (SNX) and T-Mobile US (TMUS). Click either name above to swap in a different company.
T-Mobile US is the larger business by last-quarter revenue ($23.1B vs $17.4B, roughly 1.3× TD SYNNEX CORP). T-Mobile US runs the higher net margin — 10.8% vs 1.4%, a 9.4% gap on every dollar of revenue. On growth, T-Mobile US posted the faster year-over-year revenue change (10.6% vs 9.7%). T-Mobile US produced more free cash flow last quarter ($4.6B vs $1.4B). Over the past eight quarters, TD SYNNEX CORP's revenue compounded faster (11.5% CAGR vs 8.1%).
TD Synnex Corporation is an American IT distribution company with a workforce of 22,000 in over 100 countries. It was formed in 2021 by the merger of Synnex and Tech Data. TD Synnex is led by CEO Patrick Zammit.
T-Mobile US, Inc. is an American wireless network operator headquartered in Bellevue, Washington. Its majority shareholder and namesake is the German telecommunications company Deutsche Telekom. T-Mobile is the second largest wireless carrier in the United States, with 140 million subscribers as of September 30, 2025.
SNX vs TMUS — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $17.4B | $23.1B |
| Net Profit | $248.4M | $2.5B |
| Gross Margin | 6.9% | — |
| Operating Margin | 2.3% | 20.8% |
| Net Margin | 1.4% | 10.8% |
| Revenue YoY | 9.7% | 10.6% |
| Net Profit YoY | 27.5% | -15.2% |
| EPS (diluted) | $3.02 | $2.27 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $23.1B | ||
| Q4 25 | $17.4B | $24.3B | ||
| Q3 25 | $15.7B | $22.0B | ||
| Q2 25 | $14.9B | $21.1B | ||
| Q1 25 | $14.5B | $20.9B | ||
| Q4 24 | $15.8B | $21.9B | ||
| Q3 24 | $14.7B | $20.2B | ||
| Q2 24 | $13.9B | $19.8B |
| Q1 26 | — | $2.5B | ||
| Q4 25 | $248.4M | $2.1B | ||
| Q3 25 | $226.8M | $2.7B | ||
| Q2 25 | $184.9M | $3.2B | ||
| Q1 25 | $167.5M | $3.0B | ||
| Q4 24 | $194.8M | $3.0B | ||
| Q3 24 | $178.6M | $3.1B | ||
| Q2 24 | $143.6M | $2.9B |
| Q1 26 | — | — | ||
| Q4 25 | 6.9% | — | ||
| Q3 25 | 7.2% | — | ||
| Q2 25 | 7.0% | — | ||
| Q1 25 | 6.9% | — | ||
| Q4 24 | 6.6% | — | ||
| Q3 24 | 6.5% | — | ||
| Q2 24 | 7.0% | — |
| Q1 26 | — | 20.8% | ||
| Q4 25 | 2.3% | 15.4% | ||
| Q3 25 | 2.5% | 20.6% | ||
| Q2 25 | 2.2% | 24.7% | ||
| Q1 25 | 2.1% | 23.0% | ||
| Q4 24 | 2.0% | 21.0% | ||
| Q3 24 | 2.1% | 23.8% | ||
| Q2 24 | 1.9% | 23.4% |
| Q1 26 | — | 10.8% | ||
| Q4 25 | 1.4% | 8.6% | ||
| Q3 25 | 1.4% | 12.4% | ||
| Q2 25 | 1.2% | 15.2% | ||
| Q1 25 | 1.2% | 14.1% | ||
| Q4 24 | 1.2% | 13.6% | ||
| Q3 24 | 1.2% | 15.2% | ||
| Q2 24 | 1.0% | 14.8% |
| Q1 26 | — | $2.27 | ||
| Q4 25 | $3.02 | $1.89 | ||
| Q3 25 | $2.74 | $2.41 | ||
| Q2 25 | $2.21 | $2.84 | ||
| Q1 25 | $1.98 | $2.58 | ||
| Q4 24 | $2.28 | $2.56 | ||
| Q3 24 | $2.08 | $2.61 | ||
| Q2 24 | $1.66 | $2.49 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.4B | $3.5B |
| Total DebtLower is stronger | $3.6B | $86.0B |
| Stockholders' EquityBook value | $8.5B | $55.9B |
| Total Assets | $34.3B | $214.7B |
| Debt / EquityLower = less leverage | 0.43× | 1.54× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $3.5B | ||
| Q4 25 | $2.4B | $5.6B | ||
| Q3 25 | $874.4M | $3.3B | ||
| Q2 25 | $767.1M | $10.3B | ||
| Q1 25 | $541.9M | $12.0B | ||
| Q4 24 | $1.1B | $5.4B | ||
| Q3 24 | $853.9M | $9.8B | ||
| Q2 24 | $1.2B | $6.4B |
| Q1 26 | — | $86.0B | ||
| Q4 25 | $3.6B | $86.3B | ||
| Q3 25 | $3.0B | — | ||
| Q2 25 | $3.7B | — | ||
| Q1 25 | $3.7B | — | ||
| Q4 24 | $3.7B | $78.3B | ||
| Q3 24 | $3.7B | — | ||
| Q2 24 | $3.7B | — |
| Q1 26 | — | $55.9B | ||
| Q4 25 | $8.5B | $59.2B | ||
| Q3 25 | $8.5B | $60.5B | ||
| Q2 25 | $8.3B | $61.1B | ||
| Q1 25 | $8.1B | $61.1B | ||
| Q4 24 | $8.0B | $61.7B | ||
| Q3 24 | $8.2B | $64.3B | ||
| Q2 24 | $8.0B | $62.6B |
| Q1 26 | — | $214.7B | ||
| Q4 25 | $34.3B | $219.2B | ||
| Q3 25 | $31.7B | $217.2B | ||
| Q2 25 | $30.5B | $212.6B | ||
| Q1 25 | $28.8B | $214.6B | ||
| Q4 24 | $30.3B | $208.0B | ||
| Q3 24 | $29.2B | $210.7B | ||
| Q2 24 | $27.7B | $208.6B |
| Q1 26 | — | 1.54× | ||
| Q4 25 | 0.43× | 1.46× | ||
| Q3 25 | 0.36× | — | ||
| Q2 25 | 0.45× | — | ||
| Q1 25 | 0.46× | — | ||
| Q4 24 | 0.46× | 1.27× | ||
| Q3 24 | 0.46× | — | ||
| Q2 24 | 0.47× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.5B | $7.2B |
| Free Cash FlowOCF − Capex | $1.4B | $4.6B |
| FCF MarginFCF / Revenue | 8.2% | 19.9% |
| Capex IntensityCapex / Revenue | 0.2% | 0.0% |
| Cash ConversionOCF / Net Profit | 5.88× | 2.88× |
| TTM Free Cash FlowTrailing 4 quarters | $1.4B | $18.2B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $7.2B | ||
| Q4 25 | $1.5B | $6.7B | ||
| Q3 25 | $246.1M | $7.5B | ||
| Q2 25 | $573.2M | $7.0B | ||
| Q1 25 | $-748.0M | $6.8B | ||
| Q4 24 | $561.9M | $5.5B | ||
| Q3 24 | $385.8M | $6.1B | ||
| Q2 24 | $-114.7M | $5.5B |
| Q1 26 | — | $4.6B | ||
| Q4 25 | $1.4B | $4.2B | ||
| Q3 25 | $213.9M | $4.8B | ||
| Q2 25 | $542.9M | $4.6B | ||
| Q1 25 | $-789.5M | $4.4B | ||
| Q4 24 | $512.9M | $3.3B | ||
| Q3 24 | $338.6M | $4.2B | ||
| Q2 24 | $-152.5M | $3.5B |
| Q1 26 | — | 19.9% | ||
| Q4 25 | 8.2% | 17.2% | ||
| Q3 25 | 1.4% | 21.9% | ||
| Q2 25 | 3.6% | 21.7% | ||
| Q1 25 | -5.4% | 21.0% | ||
| Q4 24 | 3.2% | 15.3% | ||
| Q3 24 | 2.3% | 20.7% | ||
| Q2 24 | -1.1% | 17.6% |
| Q1 26 | — | 0.0% | ||
| Q4 25 | 0.2% | 10.1% | ||
| Q3 25 | 0.2% | 12.0% | ||
| Q2 25 | 0.2% | 11.3% | ||
| Q1 25 | 0.3% | 11.7% | ||
| Q4 24 | 0.3% | 10.1% | ||
| Q3 24 | 0.3% | 9.7% | ||
| Q2 24 | 0.3% | 10.3% |
| Q1 26 | — | 2.88× | ||
| Q4 25 | 5.88× | 3.16× | ||
| Q3 25 | 1.09× | 2.75× | ||
| Q2 25 | 3.10× | 2.17× | ||
| Q1 25 | -4.46× | 2.32× | ||
| Q4 24 | 2.88× | 1.86× | ||
| Q3 24 | 2.16× | 2.01× | ||
| Q2 24 | -0.80× | 1.89× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SNX
Segment breakdown not available.
TMUS
| Postpaid service revenues | $15.6B | 68% |
| Other | $7.5B | 32% |
