Concentrix Corp (CNXC)
Concentrix Corporation operates globally, specializing in providing technology-enhanced solutions to optimize customer experiences (CX). The company's services encompass a wide array of offerings, including streamlining CX processes, driving technological innovation, automating both front-end and back-end operations, delivering insightful analytics, and facilitating comprehensive business transformations. Additionally, Concentrix assists clients with end-to-end customer lifecycle management, crafting effective customer/user experience strategies and designs, navigating digital shifts, and extracting valuable insights from "Voice of the Customer" data. Their diverse clientele spans various industries, such as consumer electronics, technology, e-commerce, and health insurance, as well as emerging global enterprises (IPOs), notable social media brands, and banking institutions. Concentrix Corporation was founded in 2009 and is headquartered in Fremont, California.
Sector: Services-Business Services, NEC
Industry: Information Technology Services
Concentrix Corporation
NASDAQ:CNXCTechnology · Information Technology Services
PrePre-market+3.86%$31.49
Close$30.320.00%AH$30.32+3.86%Now$31.49
Close$30.32-2.54%AH$30.32+3.86%since
Mkt Cap$1.85B
Float47.78M
O/S61.11M
PM VOL404 sh
$ Vol≈$13K
RVOL0.11×
Inst Own-
SI18.2%
Div Yield4.78%
Dilution
Financials Summary
Revenue$9.83B
Net Income-$1.28B
Total Assets$10.76B
Free Cash Flow$572.47M
Debt & Equity
Debt 63%
Equity 37%
Total Debt$4.64B
Total Equity$2.74B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in CNXC's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$10.76B
Liabilities$8.02B
Accounts Receivable$2B
Accounts Payable$244.77M
Inventory$0
PP&E (Net)$735.55M
Goodwill$3.67B
Intangible Assets$1.96B
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 |
| Revenue | $9.83B | $9.62B | $7.11B | $6.32B | $5.59B | $4.72B | $4.71B | $2.46B | $1.99B |
| YoY Growth | 2.2% | 35.2% | 12.5% | 13.2% | 18.4% | 0.2% | 91.1% | 23.8% | - |
| 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 | $937.55M | $749.15M |
| Gross Margin | 35.0% | 35.9% | 36.2% | 35.7% | 35.3% | 35.2% | 37.1% | 38.1% | 37.6% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $2.83B | $2.85B | $1.92B | $1.62B | $1.4B | $1.35B | $1.45B | $792.79M | $634.53M |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $2.83B | $2.85B | $1.92B | $1.62B | $1.4B | $1.35B | $1.45B | $792.79M | $634.53M |
| Operating Income (EBIT) | $609.54M | $596.39M | $661.33M | $640.19M | $572.4M | $308.76M | $294.33M | $144.76M | $114.62M |
| Operating Margin | 6.2% | 6.2% | 9.3% | 10.1% | 10.2% | 6.5% | 6.3% | 5.9% | 5.8% |
| Interest Expense | $290.35M | $321.83M | $201M | $70.08M | $23.05M | $48.31M | $92.2M | $38.24M | $24.02M |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$1.79B | -$297.11M | -$253.1M | -$35.19M | -$16.7M | -$40.87M | -$89.92M | -$33.85M | -$26.35M |
| Income Before Tax (EBT) | -$1.18B | $299.27M | $408.23M | $605M | $555.7M | $267.89M | $204.42M | $110.91M | $88.28M |
| Income Tax Expense | $96.7M | $48.06M | $94.39M | $169.36M | $150.12M | $103.08M | $87.25M | $62.64M | $16.03M |
| Net Income | -$1.28B | $251.22M | $313.84M | $435.05M | $405.58M | $164.81M | $117.16M | $48.27M | $72.25M |
| Net Income Margin | -13.0% | 2.6% | 4.4% | 6.9% | 7.3% | 3.5% | 2.5% | 2.0% | 3.6% |
| Supplementary Data | |||||||||
| EPS | -20.36 | 3.72 | 5.72 | 8.34 | 7.78 | 3.19 | 2.27 | 0.94 | 1.40 |
| Diluted EPS | -20.36 | 3.71 | 5.70 | 8.28 | 7.70 | 3.19 | 2.27 | 0.93 | 1.40 |
| Weighted Average OS | 63.01M | 64.98M | 53.80M | 51.35M | 51.35M | 51.60M | 51.60M | 51.60M | 51.70M |
| EBITDA | -$231.44M | $1.33B | $997.53M | $984.62M | $855.92M | $592.77M | $602.39M | $303.75M | $242.16M |
| EBITDA Margin | -2.4% | 13.8% | 14.0% | 15.6% | 15.3% | 12.6% | 12.8% | 12.3% | 12.2% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 |
| Assets | ||||||||
| Current Assets | ||||||||
| Cash and Cash Equivalents | $327.35M | $429.6M | $516.49M | $157.46M | $183.01M | $156.35M | $83.51M | $0 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $327.35M | $429.6M | $516.49M | $157.46M | $183.01M | $156.35M | $83.51M | $0 |
| Accounts Receivable | $2B | $1.93B | $1.89B | $1.39B | $1.21B | $1.08B | $1.02B | $943.61M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $3.86M | $4.5M |
| Other Current Assets | $758.13M | $486.08M | $453.27M | $206.4M | $152.1M | $185.54M | $199.84M | $0 |
| Total Current Assets | $3.08B | $2.84B | $2.86B | $1.75B | $1.54B | $1.42B | $1.3B | $1.3B |
| Long-Term Assets | ||||||||
| Property, Plant & Equipment Net | $735.55M | $714.52M | $748.69M | $403.83M | $407.14M | $451.65M | $411.46M | $419.6M |
| Goodwill | $3.67B | $4.99B | $5.08B | $2.9B | $1.81B | $1.84B | $1.83B | $1.78B |
| Intangible Assets | $1.96B | $2.29B | $2.8B | $985.57M | $655.53M | $798.96M | $934.12M | $1.1B |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $317.45M | $218.4M | $72.33M | $48.54M | $48.41M | $47.42M | $64.88M | $71.35M |
| Other Long-Term Assets | $991.5M | $942.19M | $928.52M | $573.09M | $578.72M | $620.1M | $114.36M | $97.47M |
| Total Long-Term Assets | $7.68B | $9.15B | $9.63B | $4.92B | $3.5B | $3.75B | $3.35B | $3.47B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $10.76B | $11.99B | $12.49B | $6.67B | $5.05B | $5.18B | $4.65B | $0 |
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts Payable | $244.77M | $209.81M | $243.56M | $161.19M | $129.36M | $140.57M | $192.04M | $136.65M |
| Short-Term Debt | $65.63M | $238.43M | $231.32M | $158.8M | $153.33M | $219.63M | $2.07B | $0 |
| Current Income Tax Payable | $0 | $99.55M | $80.58M | $68.66M | $33.78M | $20.73M | $16.21M | $29.41M |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $997.2M | $741.4M | $787.4M | $236.5M | $198.31M | $208.02M | $189.6M | $0 |
| Total Current Liabilities | $2.2B | $2B | $2.07B | $1.13B | $968.21M | $1.01B | $2.7B | $0 |
| Long-Term Liabilities | ||||||||
| Long-Term Debt | $4.57B | $4.73B | $4.94B | $2.22B | $802.02M | $1.11B | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $296.52M | $312.57M | $414.25M | $105.46M | $109.47M | $153.56M | $188.57M | $0 |
| Other Long-Term Liabilities | $950.98M | $284.38M | $297.25M | $171.32M | $191.94M | $228.24M | $297.03M | $0 |
| Total Long-Term Liabilities | $5.82B | $5.96B | $6.27B | $2.84B | $1.46B | $1.87B | $485.61M | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $8.02B | $7.95B | $8.35B | $3.97B | $2.43B | $2.88B | $3.18B | $0 |
| Stockholders' Equity | ||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $7K | $7K | $7K | $5K | $5K | $2.31B | $1.52B | $1.36B |
| Retained Earnings | -$177.01M | $1.19B | $1.02B | $774.11M | $392.5M | $0 | $0 | $0 |
| Comprehensive Income & Other | -$252.46M | -$414.31M | -$191.73M | -$315.75M | -$70.53M | -$3.81M | -$50.08M | -$39.2M |
| Other Stockholders' Equity | $2.92B | $2.85B | $3.12B | $1.92B | $2.23B | -$3.81M | -$50.08M | -$39.2M |
| Total Equity | $2.74B | $4.04B | $4.14B | $2.7B | $2.62B | $2.3B | $1.47B | $1.32B |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $10.76B | $11.99B | $12.49B | $6.67B | $5.05B | $5.18B | $4.65B | $1.32B |
| Supplementary Data | ||||||||
| Total Debt | $4.64B | $5.6B | $5.79B | $2.72B | $1.31B | $1.7B | $2.07B | $0 |
| Net Debt | $4.31B | $5.17B | $5.28B | $2.57B | $1.13B | $1.55B | $1.98B | $0 |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 |
| Operating Activities | |||||||||
| Net Income | -$1.28B | $251.22M | $313.84M | $435.64M | $405.58M | $164.81M | $117.16M | $48.27M | $72.25M |
| Depreciation & Amortization | $660.43M | $705.85M | $388.3M | $309.54M | $277.18M | $276.57M | $305.78M | $154.6M | $129.87M |
| Deferred Income Tax | -$154.88M | -$235.25M | -$121.71M | -$30.82M | -$25.73M | -$2.63M | $17.13M | -$11.38M | -$18.09M |
| Stock-Based Compensation | $96.39M | $96.06M | $62.11M | $47.14M | $36.18M | $15.57M | $10.35M | $0 | $5.09M |
| Changes in Working Capital: | |||||||||
| Accounts Receivable | -$23.08M | -$63.85M | -$45.9M | -$53.13M | -$139.1M | -$139.17M | $6.29M | -$8.49M | -$20.05M |
| Inventory | $0 | $0 | $0 | $0 | -$22.82M | $19.31M | -$7.09M | $0 | -$18.67M |
| Accounts Payable | $28.47M | -$25.82M | $9.34M | $14.63M | -$4.55M | $36.56M | -$5M | -$28.14M | -$7.5M |
| Other Working Capital | -$91.16M | -$77.22M | $25.9M | -$126.51M | $1.02M | $120.88M | -$4.96M | $51.35M | $26.78M |
| Total Working Capital Change | -$85.76M | -$166.89M | -$10.66M | -$165.01M | -$165.46M | $37.57M | -$10.76M | $14.72M | -$19.44M |
| Other Non-Cash Items | $1.57B | $16.51M | $46.13M | $4.24M | -$13.56M | $15.72M | $10.08M | -$1.54M | -$1.32M |
| Net Cash from Operating | $806.97M | $667.49M | $678.01M | $600.72M | $514.18M | $507.61M | $449.74M | $212.32M | $168.37M |
| Investing Activities | |||||||||
| Capital Expenditures | -$234.5M | -$238.76M | -$180.53M | -$140.02M | -$149.08M | -$171.33M | -$111.12M | -$92.52M | -$78.7M |
| Acquisitions | -$15.89M | -$5.5M | -$1.91B | -$1.7B | $70.43M | -$5.56M | -$9.43M | -$1.07B | -$57.81M |
| Purchases of Investments | $0 | $0 | $0 | -$1M | $0 | $0 | $0 | -$34K | -$4.18M |
| Sales of Investments | $0 | $0 | $0 | $1M | $0 | $0 | $0 | $13.91M | $1.96M |
| Other Investing Activities | $0 | $0 | -$14.63M | -$1M | $0 | $67.68M | -$30.47M | $0 | $0 |
| Net Cash from Investing | -$250.38M | -$244.27M | -$2.11B | -$1.84B | -$78.65M | -$109.22M | -$151.01M | -$1.15B | -$138.73M |
| Financing Activities | |||||||||
| Debt Repaid | $196.69M | $208.69M | -$1.98B | -$1.43B | $345M | $335.22M | $339.64M | $325.94M | - |
| Common Stock Issuance | $3.98M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$188.71M | -$149.48M | -$81.19M | -$133.29M | -$57.49M | $0 | $0 | $0 | $0 |
| Dividends Paid | -$89.62M | -$83.81M | -$63.49M | -$53.43M | -$13.08M | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$20.4M | -$50.55M | -$36.63M | -$2.24M | $13.7M | -$4.23M | -$191.59M | $951.22M | $0 |
| Net Cash from Financing | -$491.44M | -$492.53M | $1.8B | $1.24B | -$401.87M | -$335.22M | -$339.64M | $951.22M | -$37.3M |
| Forex Effect | $26.38M | -$17.58M | -$12.42M | -$24.52M | -$7M | $9.66M | -$3.45M | -$12.45M | $4.92M |
| Net Change in Cash | $91.52M | -$86.88M | $359.02M | -$25.55M | $26.66M | $72.84M | -$44.37M | $125K | -$2.75M |
| Supplementary Data | |||||||||
| Operating Cash Flow | $806.97M | $667.49M | $678.01M | $600.72M | $514.18M | $507.61M | $449.74M | $212.32M | $168.37M |
| Capital Expenditure | -$234.5M | -$238.76M | -$180.53M | -$140.02M | -$149.08M | -$171.33M | -$111.12M | -$92.52M | -$78.7M |
| Free Cash Flow | $572.47M | $428.73M | $497.48M | $460.7M | $365.1M | $336.28M | $338.61M | $119.81M | $89.66M |
| Cash at Beginning | $429.6M | $516.49M | $157.46M | $183.01M | $156.35M | $83.51M | $127.88M | $127.76M | $130.51M |
| Cash at End | $521.13M | $429.6M | $516.49M | $157.46M | $183.01M | $156.35M | $83.51M | $127.88M | $127.76M |