Filing Flows › Concentrix (CNXC) › Q2 FY26 › vs Q2 FY25
Concentrix (CNXC) Q2 FY26 vs Q2 FY25 (year over year)
Concentrix's revenue rose $45.1M (+2%) from $2.4B in Q2 FY25 to $2.5B in Q2 FY26. Gross margin 33.4% against 35.1% (-1.6 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 Q2 FY25, the increases inside each band.
Margins
| Q2 FY26 | Q2 FY25 | Change | |
|---|---|---|---|
| Gross margin | 33.4% | 35.1% | -1.6 pts |
| Operating margin | 3.9% | 6.1% | -2.3 pts |
| Net margin | 2.2% | 1.7% | +0.5 pts |
| Free cash flow margin | 8.5% | 7.5% | +1.0 pts |
Every line
| Line | Q2 FY26 | Q2 FY25 | Change | % |
|---|---|---|---|---|
| Revenue | $2.5B | $2.4B | $45.1M | +2% |
| Gross profit | $823M | $848M | −$24.8M | -3% |
| Cost of revenue | $1.6B | $1.6B | $69.9M | +4% |
| Operating profit | $95.4M | $148M | −$52.9M | -36% |
| Operating expenses | $728M | $700M | $28.1M | +4% |
| Pre-tax earnings | $69.5M | $51.7M | $17.8M | +34% |
| Other expense, net | $25.9M | $96.6M | −$70.7M | -73% |
| Net earnings | $55.3M | $42.1M | $13.2M | +31% |
| Income tax | $14.2M | $9.6M | $4.6M | +47% |
| Depreciation & amortization | $160M | $165M | −$5.2M | -3% |
| Share-based compensation | $24.0M | $26.7M | −$2.7M | -10% |
| Working capital & other | $18.5M | $2.5M | $16.0M | +647% |
| Operating cash flow | $258M | $237M | $21.4M | +9% |
| Free cash flow (company-reported) | $210M | $181M | $29.0M | +16% |
| Purchases of property and equipment | $48.2M | $55.8M | −$7.6M | -14% |
Questions
How much did Concentrix's revenue grow year over year in Q2 FY26?
Concentrix's revenue rose $45.1M (+2%) from $2.4B in Q2 FY25 to $2.5B in Q2 FY26. Gross margin 33.4% against 35.1% (-1.6 pts).