---
title: "Concentrix 10-Q: Revenue $2,500.4M, EPS $0.33 — Q Performance Snapshot"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281637387.md"
description: "Concentrix reported Q1 revenue of $2,500.4 million, a 5.4% increase YoY, with diluted EPS at $0.33, down from $1.04. Gross profit fell 0.7% to $849.7 million, and operating income dropped 29.8% to $118.6 million, reflecting margin pressure and restructuring costs. Approximately 90% of revenue came from non-U.S. operations, with growth driven by retail, banking, and communications sectors. The company is focusing on cost-reduction initiatives and faced client declines in technology and healthcare."
datetime: "2026-04-03T12:31:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281637387.md)
  - [en](https://longbridge.com/en/news/281637387.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281637387.md)
---

# Concentrix 10-Q: Revenue $2,500.4M, EPS $0.33 — Q Performance Snapshot

Concentrix reported quarterly revenue of $2,500.4 million and diluted EPS of $0.33, with revenue rising 5.4% year‑over‑year and EPS declining due to notably lower net income. The quarter saw gross profit and operating income compress versus the prior year, reflecting margin pressure and restructuring-related costs. Management highlighted growth in digital channels and a geographic delivery mix weighted heavily outside the U.S.

**Financial Highlights**

-   **Revenue:** $2,500.4 million, up 5.4% YoY (foreign exchange contributed ~+3.5%), per MD&A.
-   **Gross Profit:** $849.7 million, down 0.7% YoY; gross margin 34.0% versus 36.1% prior year.
-   **Operating Income:** $118.6 million, down 29.8% YoY; operating margin 4.7% versus 7.1% prior year.
-   **Net Income:** $21.6 million, down from $70.3 million year‑ago (impacted by lower operating income).
-   **Diluted EPS:** $0.33, versus $1.04 in the prior year period.

**Business Highlights**

-   **Revenue drivers:** Consolidated revenue growth was driven by strength in retail, banking, communications and other verticals.
-   **Service mix and channels:** Approximately 98% of services recognized as performed; the company cited growth in digital channels including GenAI‑powered self‑service and messaging.
-   **Geographic delivery:** About 90% of revenue was generated from non‑U.S. operations; currency movements (notably euro strength) contributed roughly 3.5% to reported revenue growth.
-   **Operational efficiency actions:** Company is executing cost‑reduction and integration initiatives and incurred restructuring and severance costs during the period.
-   **Client dynamics and seasonality:** Revenue is sourced from a diversified base of more than 2,000 clients with typical fourth‑quarter seasonality; the period included some large‑client declines in technology and healthcare sectors.

Original SEC Filing: Concentrix Corp \[ CNXC \] - 10-Q - Apr. 03, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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