Concentrix Corporation (CNXC) Earnings: Q3 Fiscal 2026 Results and Next Report Date

Last updated November 2026

Short answer

Concentrix reported revenue of $2.5 billion for Q3 fiscal 2026, down 1% from a year earlier (Concentrix, Sep 29, 2026). Diluted EPS was -$16.24. Technology and consumer electronics brought in $604 million, down 10%. Concentrix next reports around January 13, 2027 (an estimated date). Every figure is from Concentrix's release. Walnut is informational, not investment advice.

CNXC Q3 fiscal 2026 results

In one sentence

Concentrix reported revenue of $2.5 billion for Q3 fiscal 2026, down 1% from a year earlier (Concentrix, Sep 29, 2026).

MeasureQ3 fiscal 2026Q3 fiscal 2025Change
Revenue$2,454 million$2,483 milliondown 1%
Diluted EPS (GAAP)-$16.24$1.34n/a
Diluted EPS (non-GAAP)$2.92$2.78up 5%
Net income-$988 million$88.1 millionn/a

The quarter ended August 31, 2026 and Concentrix published the results on September 29, 2026. Revenue and diluted EPS are shown against Q3 fiscal 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Concentrix reports EPS two ways: GAAP, under the accounting rules every US filer follows, and non-GAAP, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

  • Concentrix's fiscal year ends on November 30. Q3 fiscal 2026 is the three months ended August 31, 2026.
  • The GAAP loss includes a non-cash goodwill impairment charge of $1,050.0 million, which Concentrix attributed mainly to the trading range of its stock price and market capitalization. It recorded a $1,523.3 million goodwill impairment in Q4 fiscal 2025 for the same reason.
  • Vertical revenue is shown in millions rounded from the thousands Concentrix reports, so the year-ago rows add to $2,483.2 million against a reported total of $2,483.3 million.

Source: Concentrix Q3 fiscal 2026 results, September 29, 2026. Also in the Form 10-Q for the quarter ended August 31, 2026. Figures as reported; checked against the release on November 10, 2026.

CNXC revenue by segment

How Concentrix splits revenue in its own release, under its own labels, for Q3 fiscal 2026 against Q3 fiscal 2025. Indented lines are parts of the line above them.

Revenue by industry verticalQ3 fiscal 2026Q3 fiscal 2025Change
Technology and consumer electronics$604 million$671 milliondown 10%
Retail, travel and e-commerce$663 million$623 millionup 6%
Communications and media$382 million$411 milliondown 7%
Banking, financial services and insurance$433 million$384 millionup 13%
Healthcare$145 million$174 milliondown 17%
Other$228 million$220 millionup 4%
  • Concentrix's Technology and consumer electronics revenue was $604 million in Q3 fiscal 2026, down 10% from $671 million in Q3 fiscal 2025, 25% of total revenue.
  • Concentrix's Retail, travel and e-commerce revenue was $663 million in Q3 fiscal 2026, up 6% from $623 million in Q3 fiscal 2025, 27% of total revenue.
  • Concentrix's Communications and media revenue was $382 million in Q3 fiscal 2026, down 7% from $411 million in Q3 fiscal 2025, 16% of total revenue.
  • Concentrix's Banking, financial services and insurance revenue was $433 million in Q3 fiscal 2026, up 13% from $384 million in Q3 fiscal 2025, 18% of total revenue.
  • Concentrix's Healthcare revenue was $145 million in Q3 fiscal 2026, down 17% from $174 million in Q3 fiscal 2025, 6% of total revenue.
  • Concentrix's Other revenue was $228 million in Q3 fiscal 2026, up 4% from $220 million in Q3 fiscal 2025, 9% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

Concentrix's outlook for Q4 fiscal 2026

From the earnings release

In its Q3 fiscal 2026 release, Concentrix said:

“Fourth quarter reported revenue of $2.410 billion to $2.460 billion.”

“Operating income of $174 million to $184 million and non-GAAP operating income of $310 million to $320 million.”

“Non-GAAP diluted EPS of $2.86 to $2.98, assuming approximately 61.2 million diluted common shares outstanding and approximately 4.9% of net income attributable to participating securities.”

“Full year reported revenue of $9.827 billion to $9.877 billion.”

Source: Concentrix Q3 fiscal 2026 release, Sep 29, 2026.

This is the company's own guidance as of Sep 29, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the CNXC forecast page.

CNXC recent quarters

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

QuarterRevenueDiluted EPSReported
ended Aug 31, 2026
$2,454 million-$16.24Sep 29, 2026
Q2 fiscal 2026
ended May 31, 2026
$2,463 million$0.86Jun 29, 2026
Q1 fiscal 2026
ended Feb 28, 2026
$2,500 million$0.33Mar 24, 2026
Q4 fiscal 2025
ended Nov 30, 2025
$2,553 million-$23.85Jan 13, 2026
Q3 fiscal 2025
ended Aug 31, 2025
$2,483 million$1.34Sep 25, 2025

GAAP revenue and diluted EPS, each as first reported in that quarter's release. The losses in Q4 fiscal 2025 and Q3 fiscal 2026 come from non-cash goodwill impairment charges of $1,523.3 million and $1,050.0 million.

When does CNXC report earnings next?

Concentrix's next report is expected around January 13, 2027, a date estimated from its reporting history that the company has not yet confirmed. This page will show Q3 fiscal 2026 until those results are out and have been checked against the release.

Past Concentrix quarterly reports

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

  • Q3 fiscal 2026 (this page), reported Sep 29, 2026

What Concentrix's revenue is made of

Concentrix reported Q3 fiscal 2026 revenue of $2,453.7 million, down 1.2% from $2,483.3 million a year earlier and down 0.5% in constant currency. Concentrix designs, builds and runs customer experience operations for more than 2,000 clients, combining staff with AI tools, and its 10-K describes a team of approximately 455,000 employees and staff in 74 countries. (Concentrix Q3 fiscal 2026 release, Sep 29, 2026; Concentrix Form 10-Q, Q3 fiscal 2026, Oct 7, 2026; Concentrix Form 10-K, fiscal 2025, Jan 28, 2026)

Concentrix reports revenue by the industry its clients are in. In Q3 fiscal 2026 banking, financial services and insurance grew 12.5% and retail, travel and e-commerce grew 6.4%, both on increases from several of their largest clients. Technology and consumer electronics fell 10.0%, communications and media 7.1% and healthcare 16.6%, which Concentrix attributed to lower revenue from larger clients in each. (Concentrix Form 10-Q, Q3 fiscal 2026, Oct 7, 2026)

Concentrix's revenue is concentrated: its five largest clients represented approximately 19% of revenue in fiscal 2025. Most of the work is delivered abroad, with approximately 89% of fiscal 2025 revenue generated by non-U.S. operations and a significant presence in the Philippines and India. (Concentrix Form 10-K, fiscal 2025, Jan 28, 2026)

Concentrix CEO Chris Caldwell said 50% of revenue now comes from business won and deployed in the last 3 years. Concentrix also agreed in February 2026 to sell a non-core business for approximately 15 million euros, and expects that sale to close in the fourth quarter of fiscal 2026. (Concentrix Q3 fiscal 2026 release, Sep 29, 2026; Concentrix Form 10-Q, Q3 fiscal 2026, Oct 7, 2026)

What Concentrix's EPS includes

Concentrix's GAAP diluted loss per share was $16.24 in Q3 fiscal 2026, against earnings of $1.34 a year earlier, because of a non-cash goodwill impairment charge of $1,050.0 million. Concentrix said it ran the impairment test after a sustained fall in its stock price left its market capitalization well below the carrying value of its single reporting unit. The impairment accounts for $17.24 of the per-share gap to non-GAAP diluted EPS of $2.92. (Concentrix Q3 fiscal 2026 release, Sep 29, 2026; Concentrix Form 10-Q, Q3 fiscal 2026, Oct 7, 2026)

Concentrix's non-GAAP EPS also excludes amortization of intangibles ($1.66 a share), acquisition-related, integration and restructuring expenses ($0.70) and share-based compensation ($0.36). Restructuring included severance of $31.4 million in the quarter from cost reduction initiatives that affected approximately 30,000 employees. (Concentrix Q3 fiscal 2026 release, Sep 29, 2026; Concentrix Form 10-Q, Q3 fiscal 2026, Oct 7, 2026)

Diluted shares were 60,910 thousand, against 62,702 thousand a year earlier. Concentrix bought back no shares in Q3 fiscal 2026, after repurchasing 1,081 thousand shares for $43.2 million earlier in the fiscal year, and had $396.6 million of repurchase authorization left. It raised its quarterly dividend to $0.37 per share from $0.36. (Concentrix Q3 fiscal 2026 release, Sep 29, 2026; Concentrix Form 10-Q, Q3 fiscal 2026, Oct 7, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Consensus and guidance at Concentrix

Concentrix gives a numeric outlook in its release. For Q4 fiscal 2026 it expects revenue of $2.410 billion to $2.460 billion, a constant currency decline of 3.0% to 5.0%, operating income of $174 million to $184 million and non-GAAP diluted EPS of $2.86 to $2.98. (Concentrix Q3 fiscal 2026 release, Sep 29, 2026)

For the full fiscal year 2026, Concentrix expects revenue of $9.827 billion to $9.877 billion, non-GAAP diluted EPS of $10.97 to $11.09, an effective tax rate of approximately 24% and adjusted free cash flow of approximately $630.0 million to $650.0 million. (Concentrix Q3 fiscal 2026 release, Sep 29, 2026)

A consensus figure is the average of the models published by the analysts who cover Concentrix, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The numbers analysts watch at Concentrix

The figures below are the ones Concentrix's own release and filings put weight on for Q3 fiscal 2026, with the latest reported value for each.

MetricLatest reported
Constant currency revenue change
Down 0.5%
Down 1.2% as reported
Non-GAAP operating margin
12.6%, up from 12.3%
GAAP operating margin was negative because of the goodwill impairment
Adjusted EBITDA
$363.0 million, 14.8% of revenue
$359.2 million, 14.5% of revenue, a year earlier
Adjusted free cash flow
$218.3 million
Cash flow from operations $268.2 million
Goodwill impairment
$1,050.0 million
Non-cash; $17.24 a share
Banking, financial services and insurance revenue
Up 12.5%
Healthcare down 16.6%

What the quarter means for a holding is a separate question from what it reported. The case for and against owning CNXC is on is CNXC a buy or a sell?, what analysts expect next is on the CNXC forecast, and what the company does is on the Concentrix Corporation (CNXC) stock page.

How to check CNXC's figures yourself

Every number on this page can be traced to a document Concentrix published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

  • The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
  • The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
  • The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
  • Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.

Your questions about Concentrix

Ask Walnut's AI anything about CNXC and see how it fits what you own.

FAQ

What was Concentrix's revenue last quarter?

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Concentrix reported revenue of $2,454 million for Q3 fiscal 2026, the quarter ended August 31, 2026, against $2,483 million in Q3 fiscal 2025 (down 1%). The figures come from Concentrix's results release of September 29, 2026.

What were CNXC's earnings per share for Q3 fiscal 2026?

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Diluted EPS was -$16.24 on a GAAP basis, against $1.34 a year earlier. On Concentrix's non-GAAP basis it was $2.92, against $2.78. The two differ because the adjusted figure leaves out items the company treats as outside its operating results; the release reconciles one to the other.

What guidance did Concentrix give for Q4 fiscal 2026?

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In its Q3 fiscal 2026 release, Concentrix said: "Fourth quarter reported revenue of $2.410 billion to $2.460 billion. Operating income of $174 million to $184 million and non-GAAP operating income of $310 million to $320 million. Non-GAAP diluted EPS of $2.86 to $2.98, assuming approximately 61.2 million diluted common shares outstanding and approximately 4.9% of net income attributable to participating securities. Full year reported revenue of $9.827 billion to $9.877 billion." That is the company's own outlook as of Sep 29, 2026, and companies revise outlooks as the quarter goes on.

When does CNXC report earnings next?

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Concentrix's next report is expected around January 13, 2027, a date estimated from its reporting history that the company has not confirmed. This page carries Q3 fiscal 2026 until those results are out and checked against the release.

Where does Concentrix's revenue come from?

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Concentrix's Technology and consumer electronics revenue was $604 million in Q3 fiscal 2026, down 10% from $671 million in Q3 fiscal 2025, 25% of total revenue. Concentrix's Retail, travel and e-commerce revenue was $663 million in Q3 fiscal 2026, up 6% from $623 million in Q3 fiscal 2025, 27% of total revenue. Concentrix's Communications and media revenue was $382 million in Q3 fiscal 2026, down 7% from $411 million in Q3 fiscal 2025, 16% of total revenue. Concentrix's Banking, financial services and insurance revenue was $433 million in Q3 fiscal 2026, up 13% from $384 million in Q3 fiscal 2025, 18% of total revenue. Concentrix's Healthcare revenue was $145 million in Q3 fiscal 2026, down 17% from $174 million in Q3 fiscal 2025, 6% of total revenue. Concentrix's Other revenue was $228 million in Q3 fiscal 2026, up 4% from $220 million in Q3 fiscal 2025, 9% of total revenue. These are the lines of Concentrix's own "revenue by industry vertical" table for Q3 fiscal 2026.

How much did Concentrix's revenue grow last quarter?

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Down 1% on the year: $2,454 million in Q3 fiscal 2026 against $2,483 million in Q3 fiscal 2025. That is the year-over-year comparison, the same quarter a year apart, so seasonal patterns in Concentrix's business do not distort it.

What is the difference between Concentrix's GAAP and non-GAAP EPS?

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GAAP EPS follows US accounting rules and is the figure in the audited statements. Concentrix's non-GAAP EPS starts from it and removes items the company considers outside its operating results; the release lists each adjustment in a reconciliation table. For Q3 fiscal 2026 the two were -$16.24 and $2.92. Analysts' EPS estimates are usually built on the adjusted figure, so check which one a headline compares before you repeat it.

Why is Concentrix's quarter called Q3 fiscal 2026?

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Concentrix's fiscal year does not follow the calendar year, so Q3 fiscal 2026 is the quarter that ended August 31, 2026. When you compare CNXC with a company that reports on the calendar year, line quarters up by the date they ended, not by their names.

Where do the CNXC numbers on this page come from?

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From Concentrix's own results release and its Form 10-Q for the quarter ended August 31, 2026, copied as printed, in millions of US dollars. Percent changes are worked out from those figures and rounded to a whole percent, which matches how the release states them. Nothing on this page is an estimate except the consensus, which is labelled with its source and date.

Walnut is informational, not investment advice. Reported figures are copied from Concentrix's results release and filings; consensus figures, where shown, are third-party estimates captured before the report. Verify figures against the source before relying on them.

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