StockWatch
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Computer Software: Prepackaged Software
Quarterly ResultJun 29, 2026, 04:02 PM

Concentrix Q2 Revenue $2.46B, Diluted EPS $0.86

AI Summary

Concentrix Corp reported its fiscal second quarter 2026 results, with revenue increasing 1.9% year-on-year to $2.46 billion and diluted EPS rising 36.5% to $0.86. The company achieved a record-high $258 million in cash flow from operations and $242 million in adjusted free cash flow. While non-GAAP diluted EPS saw a slight decrease of 2.6%, iX Suite deals surged 400% year over year. Concentrix also declared a quarterly dividend of $0.36 per share and provided Q3 and full-year 2026 guidance, with Q3 revenue expected between $2.465 billion and $2.490 billion.

Key Highlights

  • Q2 Revenue increased 1.9% year-on-year to $2,462.5 million.
  • Diluted EPS rose 36.5% to $0.86, compared to $0.63 in prior year.
  • Non-GAAP diluted EPS was $2.63, a decrease of 2.6% year-on-year.
  • Record-high Q2 cash flow from operations of $257.9 million.
  • Adjusted free cash flow reached $242.3 million in the quarter.
  • iX Suite deals increased 400% year over year.
  • Declared a quarterly dividend of $0.36 per share, payable August 4, 2026.
  • Forecasts Q3 2026 revenue of $2.465 billion to $2.490 billion.