
TD SYNNEX FY2026 Q3: $21.6B of Revenue and the 1.9% Margin of Moving Other People's GPUs
TD SYNNEX's Q3 FY2026 revenue rose 37.7% to $21.6B at a 1.93% net margin, while inventory grew $5.8B and free cash flow hit −$976M. Read it in a public ledger.
#inventory
Inventory tracking, valuation, and management for businesses

TD SYNNEX's Q3 FY2026 revenue rose 37.7% to $21.6B at a 1.93% net margin, while inventory grew $5.8B and free cash flow hit −$976M. Read it in a public ledger.

Every import must name its origin country in English for the end buyer; miss it and CBP issues Form 4647 and a 10% marking duty.

About 17% of holiday e-commerce sales come back, at $20–$30 per return to process — reserve cash in November, accrue the liability in December.

Cost perishables first-expired-first-out, book spoilage as its own line, and hold prepaid box revenue as deferred until it ships — or per-box margin lies.

Freight-in and product packaging are COGS; freight-out, shipping boxes and delivery are selling expenses. Misfile them and gross margin can run 10+ points high.

A 10-year oyster lease books as an ASC 842 right-of-use asset; 12-month grow-out costs track by cohort until harvest.

Civil demand statutes let retailers bill shoplifters for merchandise plus a $50-$500 penalty, settled by letter if paid within 30 days.

Split SNAP and non-SNAP sales into separate accounts with an EBT clearing account, so state soda and candy bans never tangle your books or your compliance.

Budget 2–4% shrinkage, split fresh from dry COGS, book the building's 10–15% commission as rent, and tax prepared food apart to see if a micro-market pays.

EOQ sets how much to order, safety stock absorbs demand spikes, and the reorder point sets when to buy — worked examples that cut stockouts without idle cash.

A $2.50 taco lives on pennies: cost it at cooked-protein yield, log salsa-bar waste, and price delivery apps 30% higher to keep a taqueria profitable.

Split hide and meat revenue, reconcile every CITES tag to cash, and carry 15-month grow-out costs correctly on Schedule F.