Concentrix (CNXC) Company Report

For Q4 2025, Concentrix reported revenue of $2.55 billion, Non-GAAP operating income of $323.2 million, Non-GAAP EPS of $2.95, and Adjusted Free Cash Flow of $287.1 million. Revenue growth was 3.1% on a constant currency basis year-over-year.
For the full fiscal year 2025, Concentrix achieved revenue of $9.83 billion with 2.1% constant currency revenue growth, Non-GAAP diluted EPS of $11.22, and Adjusted Free Cash Flow of $626.4 million. The company returned more than $258 million to shareholders through share repurchases and dividends in FY 2025.
Concentrix provided FY 2026 guidance, projecting revenue between $10.04 billion and $10.18 billion, Non-GAAP operating income between $1.24 billion and $1.29 billion, Non-GAAP EPS between $11.48 and $12.07, and Adjusted Free Cash Flow between $630 million and $650 million.

Jan 13, 2026, 1:30 PM

Presentation

Concentrix Reports Q4 and Full-Year 2025 Results, Provides 2026 Outlook

CNXC

Earnings

Guidance Update

Share Buyback

For Q4 2025, Concentrix reported $2.55 billion in revenue, representing 3.1% constant currency growth, exceeding guidance, and generated a record $287 million in adjusted free cash flow, though it recorded a $1.52 billion non-cash goodwill impairment charge.
For the full fiscal year 2025, the company achieved 2.1% constant currency revenue growth, above guidance, and increased adjusted free cash flow by 32% to $626 million.
Concentrix returned $258 million to shareholders in FY 2025 through share repurchases and dividends, and reduced net debt by approximately $184 million.
The company's AI platform, IX Suite, reached break-even and generated over $60 million in annualized AI revenue by the end of 2025.
For fiscal year 2026, Concentrix expects reported revenue between $10.035 billion and $10.180 billion, with constant currency growth of 1.5% to 3%, and projects adjusted free cash flow to increase to a range of $630 million to $650 million.

Jan 13, 2026, 1:30 PM

Transcript

Concentrix Reports Q4 and Fiscal Year 2025 Financial Results, Provides 2026 Outlook

CNXC

Earnings

Guidance Update

New Projects/Investments

Concentrix (CNXC) reported strong fiscal year 2025 results, with 2.1% constant currency revenue growth, exceeding guidance, and Q4 2025 constant currency revenue growth of 3.1%. The company also generated record adjusted free cash flow of $626 million, a 32% increase over the prior year.
In 2025, Concentrix successfully launched its AI platform, IX Suite, achieving break-even and exiting the year with over $60 million in annualized AI revenue. Strategic efforts included reducing non-complex work from 7% to 5% of revenue and moving 4% of onshore business to offshore centers.
The company returned $258 million to shareholders in 2025 through share repurchases and dividends, and reduced net debt by approximately $184 million. For fiscal year 2026, Concentrix projects reported revenue between $10.035 billion and $10.180 billion (implying 1.5%-3% constant currency growth) and non-GAAP EPS between $11.48 and $12.07 per share.

Jan 13, 2026, 1:30 PM

Transcript

Concentrix Reports Q4 and Full-Year 2025 Results, Provides 2026 Outlook

CNXC

Earnings

Guidance Update

New Projects/Investments

Concentrix reported Q4 2025 revenue of $2.55 billion, representing 3.1% constant currency growth, and non-GAAP diluted EPS of $2.95. For the full fiscal year 2025, constant currency revenue grew 2.1%, and adjusted free cash flow reached a record $626 million.
In fiscal year 2025, the company returned $258 million to shareholders, including $169 million in share repurchases and $89 million in dividends, while reducing net debt by $184 million to $4.311 billion.
The company's AI platform, iX Suite, achieved break-even profitability and generated $60 million in annualized AI revenue by the end of 2025, with over 40% of new business incorporating its own technology. Concentrix also invested $95 million in new capabilities and over $25 million incrementally in go-to-market strategies.
For fiscal year 2026, Concentrix projects reported revenue between $10.035 billion and $10.180 billion, implying 1.5% to 3% constant currency growth, and anticipates non-GAAP EPS in the range of $11.48 to $12.07. Adjusted free cash flow is expected to increase to $630 million - $650 million.
The company expects sequential quarterly increases in non-GAAP operating income in the second half of 2026, driven by efficiency gains and the completion of transformational deals.

Jan 13, 2026, 1:30 PM

Transcript

Concentrix Reports Fourth Quarter and Fiscal Year 2025 Results

CNXC

Earnings

Guidance Update

Dividends

Concentrix exceeded its revenue guidance for both the fourth quarter and fiscal year 2025, reporting $2,552.9 million in Q4 2025 and $9,825.8 million for FY 2025, representing year-on-year increases of 4.3% and 2.2% respectively.
The company reported a GAAP diluted loss per common share of $(23.85) for Q4 2025 and $(20.36) for FY 2025, primarily due to a non-cash goodwill impairment charge of $1,523.3 million. Non-GAAP diluted EPS was $2.95 for Q4 2025 and $11.22 for FY 2025.
Concentrix delivered record cash flow from operations of $807 million and adjusted free cash flow of $626 million in fiscal year 2025.
The company returned $258 million to shareholders in fiscal 2025 through share repurchases and dividends, while also reducing net debt by $184 million.
For fiscal year 2026, Concentrix introduced guidance expecting reported revenue between $10.035 billion and $10.180 billion and non-GAAP diluted EPS between $11.48 and $12.07.

Jan 13, 2026, 12:33 PM

8-K

Concentrix Reports Fourth Quarter and Fiscal Year 2025 Results

CNXC

Earnings

Guidance Update

Share Buyback

Concentrix exceeded its revenue guidance for both the fourth quarter and fiscal year ended November 30, 2025, reporting $2,552.9 million in Q4 2025 and $9,825.8 million for FY 2025.
The company delivered record cash flow from operations of $807 million and adjusted free cash flow of $626 million in fiscal year 2025.
Concentrix returned $258 million to shareholders in fiscal 2025 through share repurchases and dividends, while also reducing net debt by $184 million.
For fiscal year 2026, Concentrix introduced guidance projecting revenue between $10.035 billion and $10.180 billion and non-GAAP diluted EPS between $11.48 and $12.07.
GAAP results for Q4 and FY 2025 included a non-cash goodwill impairment charge of $1,523.3 million, leading to a diluted loss per common share of $(23.85) for Q4 2025 and $(20.36) for FY 2025.

Jan 13, 2026, 12:30 PM

Press Release

Concentrix Reports Q3 2025 Results, Updates Full-Year Guidance

CNXC

Earnings

Guidance Update

New Projects/Investments

Concentrix reported Q3 2025 revenue of approximately $2.48 billion, an increase of 2.6% year-on-year on a constant currency basis and 4% year-on-year as reported, exceeding guidance. However, non-GAAP operating income was $305 million, below guidance primarily due to excess capacity and accelerated transformation initiatives.
For Q4 2025, the company expects revenue between $2.525 billion and $2.550 billion and non-GAAP operating income of $320 million to $330 million. Full-year 2025 non-GAAP EPS guidance was updated to $11.11 to $11.23 per share.
Adjusted free cash flow for Q3 was $179 million, an increase of $44 million year-on-year, and the full-year guidance was raised to between $585 million and $610 million. The company returned $64 million to shareholders, including $42 million in share repurchases and an increased quarterly dividend of $0.36 per share.
Concentrix highlighted strong market position and revenue momentum, with almost 40% of new wins including AI technology platforms. The company's capital allocation priorities for next year will be debt repayment, supporting the dividend, and the share repurchase program.

Sep 25, 2025, 9:00 PM

Transcript

Concentrix Reports Strong Q3 2025 Results and Raises Full-Year Outlook

CNXC

Earnings

Guidance Update

Share Buyback

Concentrix reported Q3 2025 revenue of $2,483.3 million, a 4.0% increase year-over-year, and diluted earnings per common share (EPS) of $1.34, up 436.0% from the prior year.
The company raised its full-year fiscal 2025 revenue outlook to between $9.798 billion and $9.823 billion and projects non-GAAP EPS between $11.11 and $11.23.
For Q4 2025, Concentrix expects reported revenue to range from $2.525 billion to $2.550 billion and non-GAAP EPS between $2.85 and $2.96.
Concentrix increased its quarterly dividend to $0.36 per share and repurchased approximately 800,000 common shares for $42.2 million in Q3 2025. The company anticipates returning more than $240 million to shareholders in fiscal 2025.

Sep 25, 2025, 8:08 PM

8-K

Concentrix Corp Discusses Strong Bookings, AI Strategy, and Market Evolution

CNXC

Revenue Acceleration/Inflection

New Projects/Investments

M&A

Concentrix Corp reported exceeding its revenue guide for the last quarter and expects strong momentum in bookings to drive modest organic acceleration in the second half of the year, leading to a raised revenue guide.
The company's investments in AI tools, specifically the IX Hello and IX Hero suites, are on pace to be accretive to margins by the back half of the year and into fiscal 2026, contributing to overall margin optimism.
Concentrix is seeing continued share gains through vendor consolidation, driven by its capabilities in deploying generative AI and its ability to offer multi-pillar, technology-led solutions that differentiate it from competitors.
The integration of the WebHelp acquisition is essentially complete, and the company has successfully achieved its $120 million synergy target, strengthening its footprint in Europe and Latin America.

Aug 12, 2025, 6:00 PM

Concentrix Reports Q2 2025 Results and Raises Full Year Outlook

CNXC

Earnings

Guidance Update

Share Buyback

Concentrix Corporation reported Q2 2025 revenue of $2,417.4 million, an increase of 1.5% year-on-year, exceeding its guidance.
Non-GAAP diluted EPS for Q2 2025 was $2.70, up 0.4% from the prior year, while GAAP diluted EPS was $0.63.
The company generated $200.3 million in adjusted free cash flow in Q2 2025 and anticipates $625 million to $650 million for the full fiscal year 2025.
Concentrix raised its full year 2025 reported revenue guidance to between $9.720 billion and $9.815 billion, with non-GAAP EPS projected at $11.53 to $11.76.
The company expects to return more than $240 million to shareholders in fiscal 2025 via share repurchases and dividends, having already repurchased $45.0 million in shares during Q2 2025.