Filing Flows › Concentrix (CNXC) › Q2 FY26
Concentrix (CNXC) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Jul 2, 2026
Concentrix (CNXC) reported revenue of $2.5B for the second quarter fiscal 2026 (Q2 FY26), +2% from a year earlier and -2% from the quarter before. Operating margin was 3.9%, net earnings $55.3M (2.2% of revenue).
Concentrix, Q2 FY26: revenue $2.5B (+2% year over year), operating margin 3.9%, net earnings $55.3M, operating cash flow $258M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.5B | -2% | +2% |
| Gross profit | $823M | -3% | -3% |
| Operating profit | $95.4M | -20% | -36% |
| Net earnings | $55.3M | +156% | +31% |
| Operating cash flow | $258M | — | +9% |
| Free cash flow | $210M | — | +16% |
What changed
Revenue was $2.5B in Q2 FY26, up 2% year over year and down 2% from the previous quarter.
Gross margin was 33.4%, down 1.6 points from Q2 FY25. Operating profit was $0.10B, a 3.9% margin (down 2.3 points year over year). Operating profit fell $0.05B even though revenue rose $0.05B versus Q2 FY25, so costs grew faster than sales. Operating expenses grew 4% against revenue growth of 2%. Net earnings were $0.06B, up 31% year over year. The effective tax rate was 20.4%.
Operating cash flow was $0.26B (up 9% year over year), 467% of net earnings. Non-cash charges added back $0.16B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.02B. After purchases of property and equipment ($0.05B), free cash flow as the company reports it was $0.21B.
Questions
What was Concentrix's revenue in the second quarter fiscal 2026?
Concentrix (CNXC) reported revenue of $2.5B for the second quarter fiscal 2026 (Q2 FY26), +2% from a year earlier and -2% from the quarter before.
Was Concentrix profitable in the second quarter fiscal 2026?
Operating profit was $95.4M (3.9% of revenue) and net earnings $55.3M.
Source: Concentrix 10-Q on SEC EDGAR.