Filing Flows › Concentrix (CNXC) › Q2 FY26 › vs Q1 FY26
Concentrix (CNXC) Q2 FY26 vs Q1 FY26 (quarter over quarter)
Concentrix's revenue fell $37.9M (-2%) from $2.5B in Q1 FY26 to $2.5B in Q2 FY26. Gross margin 33.4% against 34.0% (-0.5 pts).
Concentrix, Q2 FY26: revenue $2.5B (+2% year over year), operating margin 3.9%, net earnings $55.3M, operating cash flow $258M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q2 FY26 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 33.4% | 34.0% | -0.5 pts |
| Operating margin | 3.9% | 4.7% | -0.9 pts |
| Net margin | 2.2% | 0.9% | +1.4 pts |
Every line
| Line | Q2 FY26 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $2.5B | $2.5B | −$37.9M | -2% |
| Gross profit | $823M | $850M | −$26.3M | -3% |
| Cost of revenue | $1.6B | $1.7B | −$11.6M | -0.7% |
| Operating profit | $95.4M | $119M | −$23.1M | -20% |
| Operating expenses | $728M | $731M | −$3.2M | -0.4% |
| Pre-tax earnings | $69.5M | $28.7M | $40.7M | +142% |
| Other expense, net | $25.9M | $89.8M | −$63.9M | -71% |
| Net earnings | $55.3M | $21.6M | $33.7M | +156% |
| Income tax | $14.2M | $7.1M | $7.1M | +99% |
| Depreciation & amortization | $160M | $159M | $750K | +0.5% |
| Share-based compensation | $24.0M | $27.7M | −$3.7M | -13% |
| Working capital & other | $18.5M | −$292M | $310M | — |
| Operating cash flow | $258M | −$83.2M | $341M | — |
Questions
How much did Concentrix's revenue grow quarter over quarter in Q2 FY26?
Concentrix's revenue fell $37.9M (-2%) from $2.5B in Q1 FY26 to $2.5B in Q2 FY26. Gross margin 33.4% against 34.0% (-0.5 pts).