MEDIUMBuilt-inGeographic
48%
international operations
“10-K Item 1: 'Approximately 48% of our consolidated revenue for fiscal year 2025 was generated by our international operations'”
SNX · Concentration risk · 10-K extracted
TD SYNNEX (SNX) concentration risks
Updated
The most significant concentration TD SYNNEX discloses is international operations at 48%, classified MEDIUM by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: TD SYNNEX’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 4 disclosed concentrations
HIGH0
MEDIUM1
LOW3
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
LOWOutside partySupplier
12%
Apple Inc.
“10-K Item 1A: 'sales of Apple Inc. products and services comprised approximately 12%, 12%, and 11% of our total revenue for fiscal years 2025, 2024, and 2023, respectively'”
LOWOutside partyCustomer
11%
one customer
“10-K Item 1: 'One customer accounted for 11%, 12% and 11% of our total revenue in fiscal years 2025, 2024 and 2023, respectively'”
LOWOutside partySupplier
10%
HP Inc.
“10-K Item 1A: 'sales from HP, Inc. comprised approximately 10% of our total revenue for fiscal year 2025'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-06-24The company's disclosed concentration profile spans geographic, supplier, and customer dimensions, with a moderate-share international revenue skew as the most significant disclosed item. Approximately 48% of consolidated revenue for fiscal year 2025 was generated by international operations, a moderate-share structural exposure that reflects the company's global technology distribution and services platform. The structural character means the international share is a deliberate feature of the business model rather than a dependency on any specific country, though it does create sensitivity to currency movements, local economic conditions, and trade policy in non-U.S. markets. On the supplier side, sales of Apple Inc. products and services comprised approximately 12% of total revenue in fiscal year 2025, a small-share dependency reflecting Apple's weight within the technology product portfolio the company distributes. A reduction in Apple's allocation to this distribution channel, pricing changes, or a shift in Apple's go-to-market strategy could affect that portion of revenue. A similar dynamic applies to HP, Inc., which comprised approximately 10% of total revenue in the same year, also a small-share dependency. The customer side discloses one customer that accounted for 11% of total revenue in fiscal year 2025, also a small share, though the customer is not named. All three named-entity exposures — Apple, HP, and the unnamed customer — are individually small and represent the typical vendor and customer distribution for a large technology distributor. On balance, none of the individual named exposures is large enough to be independently material, and the primary concentration variable is the international revenue share and its sensitivity to macro and trade conditions.
For the engine’s reasoning on SNX’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Electronics & Computer Distribution
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| NSIT | Insight Enterprises, Inc. | 1 | 1 | 1 | 3 |
| ARW | Arrow Electronics, Inc. | 1 | 1 | 0 | 2 |
| SNX● | TD SYNNEX Corporation | 0 | 1 | 3 | 4 |
| AVT | Avnet, Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.