NASDAQ$CNXC

Concentrix Corporation · Q4 2025 earnings

Q4 2025 earnings · · Before market open · Investor relations

Briefing

Concentrix reported Q4 2025 revenue of $2.55B with non-GAAP diluted EPS of $2.95 despite a GAAP goodwill impairment.

Fourth-quarter revenue grew 4.3% to $2.55 billion. A $1.52 billion non-cash goodwill impairment drove a GAAP operating loss, while non-GAAP operating income was $323.2 million and non-GAAP diluted EPS was $2.95. Adjusted free cash flow was $287.1 million in the quarter.

  • Q4 revenue $2.55B (+4.3% YoY).
  • Non-GAAP operating income $323.2M; non-GAAP EPS $2.95.
  • FY25 operating cash flow $807M; adjusted FCF $626M.
  • FY26 revenue guide $10.04B–$10.18B; non-GAAP EPS $11.48–$12.07.

Headline financials

Total Revenue

$2.55B

Previous: $2.45B+4.3%
EPS (adj)

$2.95

Previous: $3.26-9.5%
Revenue Growth

4.3%

No prior period
Operating Margin

-54.1%

Previous: 5.9%-1016.9%
Non-GAAP Op Margin

12.7%

Previous: 14.2%-10.6%
Adj. EBITDA Margin

14.8%

Previous: 16.5%-10.3%
Net Income

$192M

Previous: $116M+66.4%
Operating Income

-$1.38B

Previous: $145M-1056.7%
Gross Profit

$876M

Previous: $871M+0.6%

Revenue & EPS history

Concentrix · Revenue · Quarterly

$2.55B

Q4 2025+4.3%vs Q4 2024
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Concentrix · $1.63B total across 6 segments · Q3 2023

  • Tech & Electronics
    $528M+5.5%
  • Retail & E-comm
    $322M+7.6%
  • Comms & Media
    $252M-8.0%
  • BFSI
    $247M+5.1%
  • Healthcare
    $167M+17.0%
  • Other
    $115M-9.1%

Forward guidance

The release discusses Concentrix's outlook for upcoming periods, including capital allocation, operating priorities, and market risks, without relying solely on numeric EPS bridges.

Tailwinds

  • Concentrix cites operational execution and demand trends supporting the outlook.
  • Balance sheet and liquidity actions aim to fund growth and returns.
  • Management issued or reiterated forward revenue and margin targets.

Headwinds

  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+0.2%

Avg return

Earnings day

+1.8%

Avg return

5 days after

-2.3%

Avg return

30 days after

50%

13 / 26 earnings

Positive

+42.4%

Q1 2025

Best reaction

-19.8%

Q1 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026
Q1 2026-19.8%+4.5%
Q4 2025-3.2%+6.6%-25.3%
Q3 2025-13.4%-12.3%-14.7%
Q2 2025-1.8%+3.3%-13.5%
Q1 2025+42.4%+18.3%+9.9%
Q4 2024+4.9%+5.3%+3.5%
Q3 2024-19.3%-19.7%-30.3%
Q2 2024+6.7%+8.4%+14.6%
Q1 2024+4.1%+5.8%-11.4%
Q4 2023-16.4%-11.7%-20.6%
Q3 2023+10.9%+12.7%+1.9%
Q2 2023-3.5%-0.7%-0.3%
Q1 2023+0.3%+0.3%-19.3%
Q4 2022-1.6%-3.6%-1.1%
Q3 2022-3.3%+3.5%+7.7%
Q2 2022-3.9%-5.6%-9.2%
Q1 2022-10.5%-15.8%-17.0%
Q4 2019+12.0%+13.0%+10.6%
Q4 2021+1.5%+1.9%+20.0%
Q3 2020-0.9%+0.1%-3.2%
Q3 2021+2.5%+8.4%+4.8%
Q2 2020+1.1%+0.3%+2.6%
Q2 2021-2.0%+2.4%+4.0%
Q1 2020+1.5%+0.9%+3.2%
Q1 2021+8.9%+11.5%+24.6%
Q4 2020+7.9%+9.4%+1.0%
Q3 2019
Q2 2019
Q1 2019

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