Concentrix : Second Quarter 2026 Concentrix Reports Second Quarter 2026 Results

About this update from Concentrix Corporation

‌Concentrix Reports Second Quarter 2026 Results Revenue and profit within guidance as reported A record-high second quarter $258M in cash flow from operations, $242M in adjusted free cash flow iX Suite deals up 400% year over year Newark, Calif., June 29, 2026 - Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, today announced financial results for the fiscal second quarter ended May 31, 2026. Three Months Ended May 31, 2026 May 31, 2025 Change Revenue ($M) $ 2,462.5 $ 2,417.4 1.9 % Operating income ($M) $ 95.4 $ 148.3 (35.7)% Non-GAAP operating income ($M) (1) $ 292.0 $ 303.7 (3.9)% Operating margin 3.9 % 6.1 % -220 bps Non-GAAP operating margin (1) 11.9 % 12.6 % -70 bps Net income ($M) $ 55.3 $ 42.1 31.4 % Non-GAAP net income ($M) (1) $ 168.6 $ 179.6 (6.1)% Adjusted EBITDA ($M) (1) $ 347.4 $ 357.3 (2.8)% Adjusted EBITDA margin (1) 14.1 % 14.8 % -70 bps Diluted earnings per common share $ 0.86 $ 0.63 36.5 % Non-GAAP diluted earnings per common share (1) $ 2.63 $ 2.70 (2.6)% (1) See non-GAAP reconciliations included in the accompanying financial tables for the reconciliation of each non-GAAP measure to its most directly comparable GAAP measure. Second Quarter Fiscal 2026 Highlights: Revenue of $2,462.5 million, an increase of 1.9% year-on-year on an as reported basis compared to revenue of $2,417.4 million in the prior year second quarter. The Company grew revenue 0.6% year-on-year on a constant currency basis. Operating income of $95.4 million, or 3.9% of revenue, compared to $148.3 million, or 6.1% of revenue, in the prior year second quarter. Non-GAAP operating income of $292.0 million, or 11.9% of revenue, compared with $303.7 million, or 12.6% of revenue in the prior year second quarter. Adjusted EBITDA of $347.4 million, or 14.1% of revenue, compared with $357.3 million, or 14.8% of revenue in the prior year second quarter. Cash flow provided by operations was $257.9 million in the quarter. Adjusted free cash flow(1) was $242.3 million in the quarter. Diluted earnings per common share ("EPS") was $0.86 compared to $0.63 in the prior year second quarter. Non-GAAP diluted EPS was $2.63 compared to $2.70 in the prior year second quarter. "Our second quarter marked an acceleration in many areas in the evolution of our business," said Chris Caldwell, President and CEO of Concentrix. "Our blended AI and services approach is d...

View stock analysis, news, and events for Concentrix Corporation