ALSO vs TD SYNNEX

10-Q Financial Filing Analysis for ALSO (2026-08-05)

Allison Transmission Holdings, Inc. reported its financial results for the second quarter and six months ended June 30, 2026. Net sales for Q2 2026 reached $1,566 million, reflecting a significant year-over-year increase from $814 million in Q2 2025, driven primarily by the strategic acquisition of Dana Incorporated's off-highway business on January 1, 2026, for approximately $2,628 million. The transaction established a new reportable segment, Allison Off-Highway, which contributed $706 million in Q2 net sales, while the core Allison Transmission segment expanded 6% to $860 million, buoyed by robust Defense demand. Operating income for Q2 2026 rose to $291 million compared to $256 million in Q2 2025, though gross margin contracted due to the lower gross profit margin profile of the acquired off-highway business and integration-related step-up amortizations. Net income stood at $181 million ($2.15 diluted EPS), impacted by higher interest expenses resulting from acquisition debt facilities, including an incremental $1.2 billion term loan. Allison maintained solid cash flow generation, delivering $468 million in operating cash flow for the first half of 2026.

• Q2 2026 consolidated net sales increased by 92% YoY to $1,566 million, driven by the contribution of $706 million from the newly acquired Allison Off-Highway segment.
• Gross profit for the quarter rose 28% to $515 million, while net income was $181 million ($2.15 per diluted share), burdened by $54 million in net interest expense.
• First-half 2026 net cash provided by operating activities reached $468 million, supporting ongoing capital returns with $67 million in share repurchases and $49 million in dividends paid.

In the news: TD SYNNEX is getting serious about what AI is actually worth for Forbes.

In a recent article, Forbes highlights TD SYNNEX’s practical, business-focused approach to AI adoption, emphasizing …

8-K Financial Filing Analysis for TD SYNNEX (2026-08-03)

On July 28, 2026, the Compensation Committee of TD SYNNEX Corporation's Board of Directors approved new standardized award notices and agreement templates for Hyve Solutions Performance-Based Restricted Stock Units (PRSUs) under the 2020 Stock Incentive Plan. Applicable to both U.S. and international employees of Hyve Solutions US Global Holding Corporation, vesting under these awards is strictly tied to achieving designated three-year financial performance milestones alongside continuous service requirements. The revised international framework unifies multiple regional award contracts into a single global template supplemented by country-specific regulatory appendices, streamlining global equity compensation administration.

• Approved new U.S. and non-U.S. PRSU award agreement templates for Hyve Solutions officers and employees under the TD SYNNEX 2020 Stock Incentive Plan on July 28, 2026.
• PRSU vesting requires the achievement of specific three-year financial performance targets for Hyve Solutions US Global Holding Corporation and continuous employment through the performance period.
• The international framework consolidates previous country-specific agreements into a single global master template with country-specific disclosure appendices.

Tech Data Expands IBM Distribution to Accelerate Partner-Led Growth Across Asia Pacific

Tech Data, a TD SYNNEX company, expands its IBM distribution agreement to accelerate partner-led growth across the Asia Pacific region.