CNXC

MKT CAP:$2B

Concentrix Corporation

Market Cap

$2B

Technology·Information Technology Services·🇺🇸 United States·NASDAQ

Technology·IT Services·🇺🇸·NASDAQ

Stock Price

$26.17-$15.04 (-36.50%)

Apr 24, 2026

Company Details

Concentrix Corporation provides technology-infused customer experience (CX) solutions worldwide. The company provides CX process optimization, technology innovation, front- and back-office automation, analytics, and business transformation ...

CEO

Christopher A. Caldwell

IPO Date

Nov 24, 2020

Website

www.concentrix.com

Key Metrics TTM

Revenue

$10.0B

+6.2% YoY

Net Income

-$1.3B

EPS (Diluted)

-$21.55

Free Cash Flow

$572M

Revenue / Share

$162.38

Gross Margin

32.8%

Operating Margin

5.6%

Net Margin

-13.3%

FCF Margin

5.8%

P/S

0.2x

P/E

—

Earnings Reports

Q1 2026

Mar 23, 2026

$2.5B+5.4%EPS $0.33

FY 2025

Jan 28, 2026

$9.8B+2.2%EPS -$20.36

Q4 2025

Jan 28, 2026

$2.6BEPS -$23.85

Q3 2025

Oct 3, 2025

$2.5B+4.0%EPS $1.34

Q2 2025

Jul 3, 2025

$2.4B+1.5%EPS $0.63

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 21	$1.5B	$519M	$158M
Q1 22	$1.5B	$538M	$148M
Q2 22	$1.6B	$559M	$157M
Q3 22	$1.6B	$567M	$158M
Q4 22	$1.6B	$593M	$178M
Q1 23	$1.6B	$581M	$156M
Q2 23	$1.6B	$580M	$163M
Q3 23	$1.6B	$594M	$162M
Q4 23	$2.2B	$823M	$180M
Q2 24	$2.4B	$858M	$150M
Q3 24	$2.4B	$864M	$153M
Q1 25	$2.4B	$856M	$169M
Q2 25	$2.4B	$848M	$148M
Q3 25	$2.5B	$855M	$147M
Q4 25	$2.6B	$713M	$145M
Q1 26	$2.5B	$850M	$119M

Valuation

Quarter	P/S	P/E
Q4 21	0.3x	4.0x
Q1 22	0.3x	3.8x
Q2 22	0.3x	3.5x
Q3 22	0.3x	3.5x
Q4 22	0.3x	3.7x
Q1 23	0.3x	3.9x
Q2 23	0.2x	4.3x
Q3 23	0.2x	4.6x
Q4 23	0.2x	5.1x
Q2 24	0.2x	5.5x
Q3 24	0.2x	7.0x
Q1 25	0.2x	7.2x
Q2 25	0.2x	8.2x
Q3 25	0.2x	7.4x
Q4 25	0.2x	—
Q1 26	0.2x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 21	$93M	$51M
Q4 21	$182M	$146M
Q1 22	$45M	-$378.0K
Q2 22	$167M	$142M
Q3 22	$153M	$126M
Q4 22	$236M	$193M
Q1 23	$104M	$64M
Q2 23	$133M	$101M
Q3 23	$211M	$167M
Q4 23	$229M	$164M
Q2 24	$238M	$178M
Q3 24	$192M	$129M
Q1 25	$1M	-$49M
Q2 25	$237M	$181M
Q3 25	$225M	$160M
Q4 25	$344M	$281M

Capital Expenditures

Quarter	CapEx
Q3 21	$42M
Q4 21	$36M
Q1 22	$45M
Q2 22	$26M
Q3 22	$26M
Q4 22	$43M
Q1 23	$40M
Q2 23	$32M
Q3 23	$44M
Q4 23	$65M
Q2 24	$60M
Q3 24	$63M
Q1 25	$51M
Q2 25	$56M
Q3 25	$65M
Q4 25	$63M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 21	+12.7%	+10.8%
Q1 22	+13.5%	+13.9%
Q2 22	+14.5%	+13.7%
Q3 22	+13.1%	+14.1%
Q4 22	+11.9%	+11.8%
Q1 23	+6.5%	+6.6%
Q2 23	+3.0%	+2.9%
Q3 23	+3.4%	+3.4%
Q4 23	+36.0%	+40.2%
Q2 24	+45.5%	+50.7%
Q3 24	+47.9%	+53.9%
Q1 25	+45.3%	+49.8%
Q2 25	+8.4%	+10.7%
Q3 25	+4.3%	+4.7%
Q4 25	+6.9%	+7.8%
Q1 26	+5.4%	+8.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 21	$10M	0.7%
Q4 21	$11M	0.7%
Q1 22	$15M	1.0%
Q2 22	$13M	0.8%
Q3 22	$10M	0.6%
Q4 22	$10M	0.6%
Q1 23	$17M	1.0%
Q2 23	$11M	0.7%
Q3 23	$11M	0.7%
Q4 23	$24M	1.1%
Q2 24	$22M	0.9%
Q3 24	$23M	0.9%
Q1 25	$26M	1.1%
Q2 25	$27M	1.1%
Q3 25	$25M	1.0%
Q4 25	$18M	0.7%

OpEx Breakdown

Quarter	SG&A
Q4 21	$361M
Q1 22	$390M
Q2 22	$402M
Q3 22	$409M
Q4 22	$415M
Q1 23	$425M
Q2 23	$418M
Q3 23	$431M
Q4 23	$642M
Q2 24	$707M
Q3 24	$498M
Q1 25	$687M
Q2 25	$700M
Q3 25	$708M
Q4 25	$567M
Q1 26	$731M

Revenue Segments

Quarter	Reportable Segment
Q1 26	$2.5B

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$164M	$0	$164M
Q3 22	$179M	$0	$179M
Q4 22	$157M	$0	$157M
Q1 23	$190M	$0	$190M
Q2 23	$162M	$0	$162M
Q3 23	$2.1B	$0	$2.1B
Q4 23	$516M	$0	$516M
Q1 24	$418M	$0	$418M
Q2 24	$398M	$0	$398M
Q3 24	$442M	$0	$442M
Q4 24	$430M	$0	$430M
Q1 25	$475M	$0	$475M
Q2 25	$535M	$0	$535M
Q3 25	$538M	$0	$538M
Q4 25	$327M	$0	$327M
Q1 26	$223M	$0	$223M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 21	52M	-0.1%	+0.8%
Q1 22	52M	+0.1%	+0.5%
Q2 22	52M	-0.1%	-0.0%
Q3 22	52M	-0.8%	-1.0%
Q4 22	51M	-0.3%	-1.2%
Q1 23	51M	+0.2%	-1.1%
Q2 23	51M	-0.2%	-1.2%
Q3 23	51M	-0.4%	-0.7%
Q4 23	62M	+21.0%	+20.6%
Q2 24	65M	+5.4%	+26.9%
Q3 24	65M	-0.9%	+26.0%
Q1 25	64M	-1.1%	+25.1%
Q2 25	63M	-1.0%	+2.3%
Q3 25	63M	-0.0%	-3.0%
Q4 25	62M	-2.1%	-4.1%
Q1 26	61M	-1.2%	-4.3%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 21	$5.1K	290K
Q1 22	$5.3K	290K
Q2 22	$5.4K	290K
Q3 22	$5.4K	290K
Q4 22	$5.2K	315K
Q1 23	$5.2K	315K
Q2 23	$5.1K	315K
Q3 23	$5.2K	315K
Q4 23	$5.1K	440K
Q2 24	$5.4K	440K
Q3 24	$5.4K	440K
Q1 25	$5.3K	450K
Q2 25	$5.4K	450K
Q3 25	$5.5K	450K
Q4 25	$5.6K	455K
Q1 26	$5.5K	455K

Revenue / Employee