Synnex announced its first-quarter 2026 financial results, with both revenue and earnings delivering strong growth and reaching record highs. Supported by robust AI-driven demand, the Enterprise Solutions and Semiconductor businesses both set new quarterly records, driving consolidated revenue to NT$126.4 billion, up 38% year over year. At the same time, an improved product mix and continued gains in operational efficiency lifted gross margin, operating margin, and net margin, with after-tax net profit surging 62% year over year to NT$3.0 billion and earnings per share (EPS) reaching NT$1.77, both marking record highs for the period.

Synnex noted that, as AI applications continue to scale, the Enterprise Solutions and Semiconductor businesses have become its primary growth engines. In the first quarter, the Enterprise Solutions business grew 62% year over year, with data center products such as AI servers delivering triple-digit growth, while cloud services increased by nearly 40%. The Semiconductor business benefited from AI infrastructure build-out, driving strong demand for memory and storage products, with revenue surpassing NT$50 billion for the first time, up 42% year over year. In addition, the rise of agentic AI has driven demand for higher-specification, high-performance end devices, supporting more than 30% growth in PC product revenue.

From a regional perspective, Synnex delivered strong performance across the Asia-Pacific region in the first quarter. Taiwan led with 81% year-over-year growth, while Mainland China and Hong Kong grew 40%. Indonesia and Australia & New Zealand recorded growth of 23% and 10%, respectively.

On profitability, supported by a higher contribution from higher-value products, along with ongoing digital transformation and operational efficiency improvements, Synnex continued to enhance its three key profitability metrics in the first quarter. Gross profit and operating income both reached record highs for a second consecutive quarter, while net profit also set a new high for the same period. First-quarter gross profit totaled NT$5.4 billion, up 36% year over year. The operating expense ratio declined further to a record low of 1.63%, driving operating income up 79% to NT$3.4 billion. After-tax net profit reached NT$3.0 billion, up 62% year over year, with EPS of NT$1.77.

Looking ahead, Synnex will continue to strengthen its role as a key enabler within the AI supply chain. Through its MSP-based digital platform and AI Application Acceleration Platform, the company is transforming from a traditional distributor into a critical AI supply chain integration platform, actively building a comprehensive AI ecosystem to support sustained and steady growth in both revenue and profitability.