Synnex today announced its financial results for the second quarter and first half of 2026. Driven by continued growth in enterprise AI investment, the company's earnings significantly outpaced revenue growth in the second quarter. Operating income surged 250% year over year, while after-tax net profit increased 197%, both substantially exceeding revenue growth of 115%. The results underscore the company's strong operating leverage and economies of scale, demonstrating that the growing demand driven by enterprise AI deployment has been effectively translated into profitability.
For the second quarter, Synnex reported consolidated revenue of NT$201.0 billion, an increase of NT$107.7 billion, or 115% year over year. Operating income reached NT$4.8 billion, up NT$3.4 billion, or 250%. After-tax net profit totaled NT$3.9 billion, an increase of NT$2.6 billion, or 197%, while earnings per share (EPS) reached NT$2.34. All major profitability metrics reached new record highs.
For the first half of 2026, consolidated revenue reached NT$327.4 billion, an increase of NT$142.7 billion, or 77% year over year. Operating income totaled NT$8.2 billion, up NT$4.9 billion, or 151%. After-tax net profit reached NT$6.9 billion, an increase of NT$3.7 billion, or 118%, while EPS rose to NT$4.12. These results not only set a new record for the first half of the year but also approached the company's full-year EPS of approximately NT$5 recorded last year. The results demonstrate that rapidly expanding AI-related demand is driving not only revenue growth but also meaningful earnings expansion, reflecting continued improvements in the company's operating leverage and earnings quality.
Synnex noted that the AI industry is transitioning from building AI models to broad enterprise adoption, driving a new investment cycle in enterprise IT infrastructure. Leveraging its comprehensive product portfolio, supply chain management capabilities, and extensive Asia-Pacific presence, the company continues to benefit from this long-term growth trend. Key growth drivers in the second quarter included sustained demand for AI servers, high-performance computing (HPC), enterprise storage, networking equipment, cybersecurity solutions, and related semiconductor products. At the same time, continued expansion of large-scale data centers boosted shipments of memory, SSDs, and other storage products, further driving growth in the company's two core businesses: Enterprise Solutions and Semiconductor.
Beyond favorable market demand, the company's long-term investments in digital transformation and intelligent supply chain management continued to deliver tangible benefits. Despite generating more than NT$100 billion in additional revenue compared with the same period last year, the company maintained disciplined control over operating expenses, allowing earnings growth to significantly outpace revenue growth. This demonstrates the company's strong operating leverage while further enhancing overall operating efficiency, profitability, and earnings quality.
Looking ahead to the second half of the year, Synnex expects demand for AI infrastructure, data centers, and enterprise IT upgrades to remain strong as enterprise AI adoption continues to evolve from pilot projects to large-scale deployment. Coupled with the rollout of next-generation computing platforms and the arrival of the traditional peak season for the technology industry, overall market momentum is expected to remain favorable.
Synnex will continue to deepen its Enterprise Solutions and Semiconductor businesses, strengthen its Asia-Pacific supply chain integration capabilities, and leverage its proprietary Management Services Platform (MSP) to collaborate with vendors and channel partners in building a comprehensive enterprise AI ecosystem. By capitalizing on the continued adoption of AI and the next wave of enterprise IT upgrades, the company aims to further expand its business scale, enhance operational efficiency, and improve profitability.