| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 2.5K | 1.5% | 1.9% |
| Total Income | 2.5K | 1.5% | 1.9% |
| Expenditure | 2.4K | 0.6% | 4.3% |
| PBT | 69.48 | 141.8% | 34.3% |
| Net Profit | 55.28 | 156.0% | 31.3% |
| OPM | 3.88% | 0.87pp | 2.26pp |
| NPM | 2.25% | 1.38pp | 0.50pp |
| EPS | 0.86 | 160.6% | 36.5% |
Concentrix Reports Q2 2026 Results
30 Jun 2026 · 30 Jun, 1:37 am
Summary
Concentrix reported second quarter fiscal 2026 revenue of $2,462.5 million, up 1.9% year-on-year, driven by growth in retail, travel, and e-commerce, as well as banking, financial services, and insurance segments. While operating income decreased to $95.4 million, the company highlighted strong cash flow generation, with $258 million in cash flow from operations and $242 million in adjusted free cash flow, alongside a 400% increase in iX Suite deals. Management noted an acceleration in business evolution, attributing success to their blended AI and services approach.
Key Highlights
- 1
Concentrix reported revenue of $2,462.5 million for the second quarter ended May 31, 2026, an increase of 1.9% year-on-year.
- 2
The company achieved a record-high second quarter of $258 million in cash flow from operations and $242 million in adjusted free cash flow.
- 3
iX Suite deals saw a significant increase of 400% year over year.
- 4
Diluted earnings per common share (EPS) was $0.86, a 36.5% increase compared to $0.63 in the prior year second quarter.
- 5
Operating income for the quarter was $95.4 million, a decrease of 35.7% compared to $148.3 million in the prior year second quarter.
- 6
Non-GAAP operating income was $292.0 million, a decrease of 3.9% compared to $303.7 million in the prior year second quarter.
Management Comments
Chris Caldwell
Our second quarter marked an acceleration in many areas in the evolution of our business. Our blended AI and services approach is delivering value to clients by lowering their costs and increasing their revenue, helping us differentiate ourselves in the marketplace.
Informational and educational content only. Not investment advice.