Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at TD SYNNEX (NYSE: SNX) and the best and worst performers in the it distribution & solutions industry.

IT Distribution & Solutions will be buoyed by the increasing complexity of IT ecosystems, rising cloud adoption, and demand for cybersecurity solutions. Enterprises are less likely than ever to embark on these complicated journeys solo, and companies in the sector boast expertise and scale in these areas. However, cloud migration also means less need for hardware, which could dent demand for large portions of the product portfolio and hurt margins. Additionally, planning for potentially supply chain disruptions is ongoing, as the COVID-19 pandemic showed how damaging a pause in global trade could be in areas like semiconductor procurement.

The 7 it distribution & solutions stocks we track reported an exceptional Q1. As a group, revenues beat analysts’ consensus estimates by 6.4% while next quarter’s revenue guidance was 0.6% below.

Thankfully, share prices of the companies have been resilient as they are up 8.4% on average since the latest earnings results.

Best Q1: TD SYNNEX (NYSE: SNX)

Serving as the crucial middleman in the technology supply chain, TD SYNNEX (NYSE: SNX) is a global technology distributor that connects thousands of IT manufacturers with resellers, helping businesses access hardware, software, and technology solutions.

TD SYNNEX reported revenues of $17.16 billion, up 18.1% year on year. This print exceeded analysts’ expectations by 9.5%. Overall, it was an incredible quarter for the company with a beat of analysts’ EPS estimates and an impressive beat of analysts’ EPS guidance for next quarter estimates.

“We’re pleased with how we’ve started fiscal 2026. In the first quarter, we delivered record non-GAAP gross billings and non-GAAP diluted earnings per share, while continuing to expand profitability and build on the execution and momentum established over the past year,” said Patrick Zammit, CEO of TD SYNNEX.

Interestingly, the stock is up 48.6% since reporting and currently trades at $237.96.

We think TD SYNNEX is a good business, but is it a buy today? Read our full report here, it’s free.

Avnet (NASDAQ: AVT)

With a century-long history of adapting to technological evolution, Avnet (NASDAQ: AVT) is a global electronic components distributor that connects manufacturers of semiconductors and other electronic parts with businesses that need these components.

Avnet reported revenues of $7.12 billion, up 33.9% year on year, outperforming analysts’ expectations by 10.3%. The business had an incredible quarter with an impressive beat of analysts’ EPS guidance for next quarter estimates and a solid beat of analysts’ revenue estimates.

Avnet scored the biggest analyst estimates beat and fastest revenue growth among its peers. The market seems happy with the results as the stock is up 5.8% since reporting. It currently trades at $82.86.

Is now the time to buy Avnet? Access our full analysis of the earnings results here, it’s free.

Slowest Q1: ScanSource (NASDAQ: SCSC)

Operating as a crucial link in the technology supply chain since 1992, ScanSource (NASDAQ: SCSC) is a hybrid distributor that connects hardware, software, and cloud services from technology suppliers to resellers and business customers.

ScanSource reported revenues of $766.8 million, up 8.8% year on year, exceeding analysts’ expectations by 6.1%. It may have had the worst quarter among its peers, but its results were still good as it also locked in a solid beat of analysts’ revenue estimates and a beat of analysts’ EPS estimates.

Interestingly, the stock is up 6.8% since the results and currently trades at $43.73.

Read our full analysis of ScanSource’s results here.

CDW (NASDAQ: CDW)

Serving as a crucial bridge between technology manufacturers and end users since 1984, CDW (NASDAQ: CDW) is a multi-brand provider of information technology solutions that helps businesses and public sector organizations select, implement, and manage hardware, software, and IT services.

CDW reported revenues of $5.68 billion, up 9.2% year on year. This print beat analysts’ expectations by 3.8%. It was a strong quarter as it also put up an impressive beat of analysts’ revenue estimates.

The stock is down 24.8% since reporting and currently trades at $102.85.

Read our full, actionable report on CDW here, it’s free.

Insight Enterprises (NASDAQ: NSIT)

With over 35 years of IT expertise and partnerships with more than 8,000 technology providers, Insight Enterprises (NASDAQ: NSIT) provides end-to-end digital transformation solutions that help businesses modernize their IT infrastructure and maximize the value of technology.

Insight Enterprises reported revenues of $2.13 billion, up 1.2% year on year. This number topped analysts’ expectations by 1.9%. It was an exceptional quarter as it also recorded a beat of analysts’ EPS estimates and a decent beat of analysts’ revenue estimates.

Insight Enterprises had the weakest performance against analyst estimates and slowest revenue growth among its peers. The stock is up 27.9% since reporting and currently trades at $88.26.

Read our full, actionable report on Insight Enterprises here, it’s free.

Market Update

Late in 2025 into early 2026, there was hand wringing around artificial intelligence. For software companies, the fear was that AI would erode pricing power and compress margins as new tools made it easier to replicate what once required expensive enterprise platforms. Crypto investors had their own version of the same anxiety: if AI agents could trade, allocate capital, and manage wallets autonomously, what exactly was the long-term value of today’s crypto infrastructure?

These concerns triggered a noticeable rotation away from these sectors and into safer havens. But markets rarely dwell on one narrative for long. Spring 2026 came, and the focus shifted abruptly from technological disruption to geopolitical risk. The US’ conflict with Iran became the dominant driver of market psychology, and when geopolitics takes center stage, the script changes quickly. Investors stop debating growth rates and start worrying about oil supply, inflation, and global stability.

Want to invest in winners with rock-solid fundamentals? Check out our 9 Best Market-Beating Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.