Filing Flows › Concentrix (CNXC) › Q3 FY25
Concentrix (CNXC) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Oct 3, 2025
Concentrix (CNXC) reported revenue of $2.5B for the third quarter fiscal 2025 (Q3 FY25), +4% from a year earlier and +3% from the quarter before. Operating margin was 5.9%, net earnings $88.1M (3.5% of revenue).
Concentrix, Q3 FY25: revenue $2.5B (+4% year over year), operating margin 5.9%, net earnings $88.1M, operating cash flow $225M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.5B | +3% | +4% |
| Gross profit | $855M | +0.8% | -1% |
| Operating profit | $147M | -0.9% | -4% |
| Net earnings | $88.1M | +109% | +430% |
| Operating cash flow | $225M | -5% | +17% |
| Free cash flow | $160M | -12% | +24% |
What changed
Revenue was $2.5B in Q3 FY25, up 4% year over year and up 3% from the previous quarter.
Gross margin was 34.4%, down 1.8 points from a year earlier. Operating profit was $0.15B, a 5.9% margin (down 0.5 points year over year). Operating profit fell $0.01B even though revenue rose $0.10B versus a year earlier, so costs grew faster than sales. Operating expenses fell 0% while revenue rose 4%. Net earnings were $0.09B, up 430% year over year. The effective tax rate was 20.9%.
Operating cash flow was $0.22B (up 17% year over year), 255% of net earnings. Non-cash charges added back $0.17B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.06B. Capital expenditures of $0.07B left free cash flow of $0.16B.
Questions
What was Concentrix's revenue in the third quarter fiscal 2025?
Concentrix (CNXC) reported revenue of $2.5B for the third quarter fiscal 2025 (Q3 FY25), +4% from a year earlier and +3% from the quarter before.
Was Concentrix profitable in the third quarter fiscal 2025?
Operating profit was $147M (5.9% of revenue) and net earnings $88.1M.
Source: Concentrix 10-Q on SEC EDGAR.