Concentrix Corporation (CNXC) Income Statement
CNXC FY2025 at a glance
Fiscal year ended November 30, 2025 · U.S. dollarsCNXC revenue and net income
Where CNXC's revenue goes
FY2025Each bar shows an amount and its share of revenue. CNXC kept −13.0% of revenue as net income.
CNXC profit margins
CNXC growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +2.2% | +15.8% | +15.8% | — |
| Gross profit | −0.4% | +15.0% | +15.6% | — |
| Operating income | +2.2% | −1.6% | +14.6% | — |
| Net income | −609.1% | — | — | — |
| EPS (diluted) | −1.5% | −1.5% | +22.8% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CNXC quarterly EPS vs estimates
Concentrix beat the analyst EPS estimate in 5 of the last 8 quarters.
CNXC income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.83B | $9.62B | $7.11B | $6.32B | $5.59B | $4.72B | $4.71B | $2.46B | $1.99B |
| Cost of revenue | $6.39B | $6.17B | $4.54B | $4.07B | $3.62B | $3.06B | $2.96B | $1.53B | $1.24B |
| Gross profit | $3.44B | $3.45B | $2.58B | $2.26B | $1.97B | $1.66B | $1.75B | $937.6M | $749.2M |
| Sales, general & admin | $2.83B | $2.85B | $1.92B | $1.62B | $1.40B | $1.35B | $1.45B | $792.8M | $634.5M |
| Total operating expenses | $2.83B | $2.85B | $1.92B | $1.62B | $1.40B | $1.35B | $1.45B | $792.8M | $634.5M |
| Operating income | $609.5M | $596.4M | $661.3M | $640.2M | $572.4M | $308.8M | $294.3M | $144.8M | $114.6M |
| Interest expense | $290.3M | $321.8M | $201.0M | $70.1M | $23.0M | $48.3M | $92.2M | $38.2M | $24.0M |
| Income before taxes | −$1.18B | $299.3M | $408.2M | $605.0M | $555.7M | $267.9M | $204.4M | $110.9M | $88.3M |
| Income taxes | $96.7M | $48.1M | $94.4M | $169.4M | $150.1M | $103.1M | $87.3M | $62.6M | $16.0M |
| Net income | −$1.28B | $251.2M | $313.8M | $435.0M | $405.6M | $164.8M | $117.2M | $48.3M | $72.2M |
| EBITDA | −$231.4M | $1.33B | $661.3M | $984.6M | $855.9M | $592.8M | $602.4M | $303.7M | $242.2M |
| EPS (diluted) | $11.22 | $11.39 | $11.32 | $11.74 | $10.14 | $4.01 | $2.29 | $0.93 | — |
| Gross margin | 35.0% | 35.9% | 36.2% | 35.7% | 35.3% | 35.2% | 37.1% | 38.1% | 37.6% |
| Operating margin | 6.2% | 6.2% | 9.3% | 10.1% | 10.2% | 6.5% | 6.3% | 5.9% | 5.8% |
| Net margin | −13.0% | 2.6% | 4.4% | 6.9% | 7.3% | 3.5% | 2.5% | 2.0% | 3.6% |
| Aug '26 | May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.45B | $2.46B | $2.50B | $2.55B | $2.48B | $2.42B | $2.37B | $2.45B | $2.39B | $2.38B | $2.40B | $2.23B |
| Cost of revenue | $1.60B | $1.64B | $1.65B | $1.84B | $1.63B | $1.57B | $1.52B | $1.58B | $1.52B | $1.52B | $1.55B | $1.41B |
| Gross profit | $848.9M | $823.3M | $849.7M | $712.8M | $855.0M | $848.1M | $855.9M | $870.6M | $864.2M | $857.6M | $856.5M | $822.9M |
| Sales, general & admin | — | $727.9M | $731.1M | $730.6M | $708.0M | $699.8M | $687.0M | $726.1M | $711.0M | $707.4M | $708.1M | $642.4M |
| Total operating expenses | $1.76B | $727.9M | $731.1M | $567.5M | $708.0M | $699.8M | $687.0M | $726.1M | $711.0M | $707.4M | $708.1M | $642.4M |
| Operating income | −$910.3M | $95.4M | $118.6M | $145.3M | $147.0M | $148.3M | $168.9M | $144.5M | $153.2M | $150.2M | $148.4M | $180.4M |
| Interest expense | $64.9M | $68.1M | $75.3M | $69.9M | $72.0M | $75.4M | $73.0M | $76.1M | $80.8M | $82.5M | $82.4M | $70.5M |
| Income before taxes | −$979.8M | $69.5M | $28.7M | −$1.45B | $111.4M | $51.7M | $100.8M | $112.9M | $26.4M | $87.1M | $72.8M | $77.1M |
| Income taxes | $8.3M | $14.2M | $7.1M | $33.2M | $23.3M | $9.6M | $30.5M | −$2.7M | $9.8M | $20.3M | $20.7M | $7.6M |
| Net income | −$988.1M | $55.3M | $21.6M | −$1.48B | $88.1M | $42.1M | $70.3M | $115.7M | $16.6M | $66.8M | $52.1M | $69.5M |
| EBITDA | −$914.9M | $297.7M | $263.4M | −$1.21B | $352.0M | $292.4M | $334.5M | $357.7M | $283.4M | $346.5M | $339.3M | $303.1M |
| EPS (diluted) | $2.57 | $2.32 | $2.61 | $2.95 | $2.78 | $2.70 | $2.79 | $3.26 | $2.87 | $2.69 | $2.57 | $3.36 |
| Gross margin | 34.6% | 33.4% | 34.0% | 27.9% | 34.4% | 35.1% | 36.1% | 35.6% | 36.2% | 36.0% | 35.6% | 36.9% |
| Operating margin | −37.1% | 3.9% | 4.7% | 5.7% | 5.9% | 6.1% | 7.1% | 5.9% | 6.4% | 6.3% | 6.2% | 8.1% |
| Net margin | −40.3% | 2.2% | 0.9% | −57.9% | 3.5% | 1.7% | 3.0% | 4.7% | 0.7% | 2.8% | 2.2% | 3.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CNXC's financial statements (latest annual report filed January 28, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CNXC financial results
In fiscal year 2025 (ended November 30, 2025), Concentrix reported revenue of $9.8 billion, up 2.2% from the year before. It had a net loss of $1.3 billion, a net profit margin of −13.0%. Diluted earnings per share came to $11.22. Over five years revenue grew at an average rate of 15.8% a year.
See the CNXC stock overview for the latest quote and news, or the CNXC chart for price history and technical indicators.
CNXC income statement FAQ
What is Concentrix's annual revenue?
Concentrix reported total revenue of $9.8 billion for fiscal year 2025, which ended on November 30, 2025. That was up 2.2% from $9.6 billion the previous year.
Is Concentrix profitable?
No. Concentrix reported a net loss of $1.3 billion in fiscal 2025, a net profit margin of −13.0%; its operating margin was 6.2%.
What is Concentrix's gross margin?
Concentrix's gross margin was 35.0% in fiscal 2025: for every $100 of revenue, Concentrix kept $35 after the direct cost of its products and services.
How fast is Concentrix growing?
Revenue grew 15.8% a year on average over the last five fiscal years, from $4.7 billion to $9.8 billion.
What are Concentrix's earnings per share?
Concentrix earned $11.22 per diluted share in fiscal 2025, compared with $11.39 a year earlier.
When does Concentrix's fiscal year end?
Concentrix's fiscal year ends in November. The latest annual report covers the year ended November 30, 2025 and was filed on January 28, 2026.