Filing Flows › Concentrix (CNXC) › Q3 FY26
Concentrix (CNXC) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Oct 7, 2026
Concentrix (CNXC) reported revenue of $2.5B for the third quarter fiscal 2026 (Q3 FY26), -1% from a year earlier and -0.4% from the quarter before. Operating margin was -37.1%, net loss $988M (40.3% of revenue).
Concentrix, Q3 FY26: revenue $2.5B (-1% year over year), operating margin -37.1%, net loss $988M, operating cash flow $268M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.5B | -0.4% | -1% |
| Operating profit | −$910M | -1054% | -719% |
| Net earnings | −$988M | -1888% | -1221% |
| Operating cash flow | $268M | +4% | +19% |
| Free cash flow | $221M | — | +38% |
What changed
Revenue was $2.5B in Q3 FY26, down 1% year over year and roughly flat from the previous quarter.
Gross margin was 34.6%, up 0.2 points from Q3 FY25. Operating costs exceeded revenue by $0.91B, an operating margin of -37.1%. Operating expenses grew 148% against a revenue fall of 1%. The quarter ended with a net loss of $1.0B, after a profit of $0.06B the previous quarter.
Operating cash flow was $0.27B (up 19% year over year). Non-cash charges added back $0.16B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $1.1B. After purchases of property and equipment ($0.05B), free cash flow as the company reports it was $0.22B.
Questions
What was Concentrix's revenue in the third quarter fiscal 2026?
Concentrix (CNXC) reported revenue of $2.5B for the third quarter fiscal 2026 (Q3 FY26), -1% from a year earlier and -0.4% from the quarter before.
Was Concentrix profitable in the third quarter fiscal 2026?
Operating loss was $910M (-37.1% of revenue) and net loss $988M.
Source: Concentrix 10-Q on SEC EDGAR.