What is TD SYNNEX's hyve solutions — labor and related expense?

TD SYNNEX (SNX) reported hyve solutions — labor and related expense of $11.68M in Q1 2026.

What does hyve solutions — labor and related expense mean?

The total compensation and benefits costs for employees directly supporting the Hyve Solutions segment's operations. This excludes direct manufacturing labor included in cost of revenue and focuses on administrative, sales, and engineering support.

TD SYNNEX SNX Hyve Solutions — Labor and Related Expense

Other segment segments

Americas distribution

$250.76M+10.6%

Europe distribution

$208.18M+18.4%

APJ distribution

$37.79M+15.3%

Similar metrics at other companies

THWorkforce Hospitality Solutions — Labor And Related Expense

$2.41M+2,843%

ADUSHome Health — Labor And Related Expense

$3.6M+9.7%

CHE

CHESegment Vitas — Labor And Related Expense

$17.24M-1.7%

FSTRInfrastructure Solutions — Labor and Related Expense

$5.84M+5.0%

RESSupport Services — Labor And Related Expense

$2.61M+4.7%

FSBWHome Lending — Labor And Related Expense

$2M-11.8%

Other financials

Income statement

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Revenue$19.6B+31.0%

Gross profit$1.3B+28.0%

Operating income$519.4M+58.3%

Net income$334.1M+80.7%

EPS (diluted)$4.15+87.8%

Balance sheet

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Cash & equivalents$1.1B+42.6%

Total debt$4.7B+15.0%

Total equity$9.0B+7.3%

Total assets$38.5B+26.2%

Cash flow

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Operating cash flow-$265.6M-146%

CapEx$66.8M+121%

Free cash flow-$332.4M—

Valuation

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Market cap$20.09B+72.7%

Enterprise value$23.72B+58.4%

P/E17.7×+1.7×

P/S0.3×+0.1×

Profitability

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Gross margin7%+0.3pp

Operating margin2.6%+0.5pp

Net margin1.6%+0.4pp

FCF margin3.1%—

Returns & leverage

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Return on equity13.1%+4.2pp

Debt / equity0.5×0.0×

Current ratio1.2×-0.1×

Where this comes from

Reported directly by TD SYNNEX in its filing.

Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.

The official record: TD SYNNEX’s 10-Q, filed July 2, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is TD SYNNEX's hyve solutions — labor and related expense?: TD SYNNEX (SNX) reported hyve solutions — labor and related expense of $11.68M in Q1 2026.
What does hyve solutions — labor and related expense mean?: The total compensation and benefits costs for employees directly supporting the Hyve Solutions segment's operations. This excludes direct manufacturing labor included in cost of revenue and focuses on administrative, sales, and engineering support.