Concentrix Corp CNXC
We are a global technology and services leader that powers exceptional brand experiences and digital operations for more than 2,000 clients across the globe. We design, build, and run fully integrated, end-to-end solutions — including customer experience ("CX") process optimization, technology innovation and design engineering, front- and back-office automation, analytics, and business transformation services — for clients in five primary industry verticals. Our solutions help our clients drive deep understanding, full lifecycle engagement, and differentiated customer experiences for their brands.
We strive to deliver exceptional services globally, supported by our deep industry knowledge, technology and security practices, talented people, and digital and analytics expertise. Our differentiated portfolio of solutions supports Fortune Global 500 and new economy companies across the globe in their efforts to deliver an optimized, consistent brand experience across all channels of communication, including voice, chat, email, generative AI ("GenAI") and agentic AI-powered self-service, social media, asynchronous messaging, and other custom applications.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.83B | $9.62B | $7.11B | $6.32B | $5.59B | $4.72B | $4.71B | — |
| Cost of revenue | $6.39B | $6.17B | $4.54B | $4.07B | $3.62B | $3.06B | $2.96B | — |
| Gross profit | $3.44B | $3.45B | $2.58B | $2.26B | $1.97B | $1.66B | $1.75B | — |
| SG&A | $2.83B | $2.85B | $1.92B | $1.62B | $1.40B | $1.35B | $1.45B | — |
| Operating income | -$918.2M | $596.4M | $661.3M | $640.2M | $572.4M | $308.8M | $294.3M | — |
| Pre-tax income | -$1.18B | $299.3M | $408.2M | $605.0M | $555.7M | $267.9M | $204.4M | — |
| Income tax | $96.7M | $48.1M | $94.4M | $169.4M | $150.1M | $103.1M | $87.3M | — |
| Net income | -$1.28B | $251.2M | $313.8M | $435.0M | $405.6M | $164.8M | $117.2M | — |
| EPS, basic | -20.36 | 3.72 | 5.72 | 8.34 | 7.78 | 3.19 | 2.27 | — |
| EPS, diluted | -20.36 | 3.71 | 5.70 | 8.28 | 7.70 | 3.19 | 2.27 | — |
| Shares, diluted (wtd. avg.) | $63.0M | $65.1M | $54.0M | $51.7M | $51.9M | $51.6M | $51.6M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $327.3M | $240.6M | $516.5M | $157.5M | $183.0M | $156.4M | $83.5M | $127.9M |
| Receivables | $2.00B | $1.93B | $1.89B | $1.39B | $1.21B | $1.08B | — | — |
| Total current assets | $3.08B | $2.84B | $2.86B | $1.75B | $1.54B | $1.42B | — | — |
| Property, plant and equipment | $735.5M | $714.5M | $748.7M | $403.8M | $407.1M | $451.6M | — | — |
| Goodwill | $3.67B | $4.99B | $5.08B | $2.90B | $1.81B | $1.84B | $1.83B | — |
| Other intangibles | $1.96B | $2.29B | $2.80B | $985.6M | $655.5M | $799.0M | — | — |
| Total assets | $10.76B | $11.99B | $12.49B | $6.67B | $5.05B | $5.18B | — | — |
| Accounts payable | $244.8M | $209.8M | $243.6M | $161.2M | $129.4M | $140.6M | — | — |
| Short-term debt | $65.6M | $2.5M | $2.3M | $0 | $0 | $33.8M | — | — |
| Total current liabilities | $2.20B | $2.00B | $2.07B | $1.13B | $968.2M | $1.01B | — | — |
| Long-term debt | $4.57B | $4.73B | $4.94B | $2.22B | $802.0M | $1.11B | — | — |
| Total liabilities | $8.02B | $7.95B | $8.35B | $3.97B | $2.43B | $2.88B | — | — |
| Retained earnings | -$177.0M | $1.19B | $1.02B | $774.1M | $392.5M | — | — | — |
| Total equity | $2.74B | $4.04B | $4.14B | $2.70B | $2.62B | $2.30B | $1.47B | $1.32B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $807.0M | $667.5M | $678.0M | $600.7M | $514.2M | $507.6M | $449.7M | — |
| Depreciation and amortisation | $226.1M | $246.9M | $173.5M | $146.9M | $140.2M | $129.3M | $139.2M | — |
| Stock-based compensation | $96.4M | $96.1M | $62.1M | $47.1M | $36.2M | $15.6M | $10.4M | — |
| Capital expenditure | $234.5M | $238.8M | $180.5M | $140.0M | $149.1M | $171.3M | $111.1M | — |
| Investing cash flow | -$250.4M | -$244.3M | -$2.11B | -$1.84B | -$78.7M | -$109.2M | -$151.0M | — |
| Financing cash flow | -$491.4M | -$492.5M | $1.80B | $1.24B | -$401.9M | -$335.2M | -$339.6M | — |
| Dividends paid | $89.6M | $83.8M | $63.5M | $53.4M | $13.1M | $0 | $0 | — |
| Buybacks | $168.7M | $136.1M | $64.0M | $120.8M | $25.1M | $0 | $0 | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001803599-26-000027.
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