Concentrix Corp reported results for the quarter ended 2026 with revenue of $2.46B and diluted EPS of $0.86, marking modest top-line growth and higher earnings versus the prior-year quarter.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$2.46B$2.42B1.9% | Net income²$55.28M$42.09M31.3% | Diluted EPS³$0.86$0.6336.5% |
¹ Reported as “Revenue”. ² Reported as “Net income”. ³ Reported as “Diluted earnings per common share”.
Business Highlights
- Revenue growth was modest: +1.9% in the quarter and +3.6% year-to-date, led by gains in retail, travel/e-commerce and banking, financial services & insurance (BFSI) clients.
- Demand remained strong for end-to-end customer experience (CX) services, automation and GenAI-enabled self-service; about 99% of revenue is recognized as services.
- Brand and client momentum continued, serving more than 2,000 clients including Fortune Global 500 companies, with expansion in retail and banking verticals.
- Management is executing cost-reduction restructuring — including severance and facility consolidation — to improve longer-term margins.
- Approximately 90% of revenue is generated outside the U.S.; foreign exchange and local wage inflation are materially affecting delivery costs.
Original SEC Filing:
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