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Earnings Data
Report Date
Sep 30, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
2.71Last Year’s EPS
2.78Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call balanced strong operational and financial positives—rapid IX suite adoption (400% increase in deals YoY), meaningful productivity gains, record Q2 free cash flow, margin expansion and active debt reduction—against material near-term revenue headwinds from accelerated offshoring (now ~300 bps headwind), client reprioritization, and higher restructuring costs. Management expressed confidence in margin expansion in H2, continued free cash flow generation, and longer-term upside from AI-driven offerings, but acknowledged that revenue growth near-term is muted and that duplicate costs and restructuring will pressure near-term results.Company Guidance
IX Suite Deal Momentum
Closed almost 100 IX suite deals in Q2; number of IX deals up 400% year-over-year; deals selling technology with services up 25% YoY; deals selling AI and technology with services up 80% YoY.
IX Suite Revenue & Influence
On track to double IX suite revenue by the end of the fiscal year and target surpassing $120M in annual recurring revenue; IXSuite deployments now influence 11% of total revenues.
IX Suite Economics and Adoption
Subscription/new license revenue for deployed IXSuite clients grew 24% YoY; customers with IXSuite deliver ~350 basis points better margin and begin buying additional internal licenses within first year.
Operational Efficiency Gains
Improved IX implementation speed by 12% during the quarter; revenue per non-billable headcount increased 14% YoY, indicating internal productivity gains from automation/AI.
Profitability and Margin Expansion
Q2 non-GAAP operating income of $292M with a margin of 11.9% (up 10 bps QoQ); adjusted EBITDA $347M with a margin of 14.1% (up 20 bps QoQ); non-GAAP diluted EPS $2.63 (up $0.02 QoQ).
Strong Free Cash Flow
Adjusted free cash flow of $242M in Q2 — the highest Q2 level since the 2020 spin-off; full-year adjusted FCF guidance of $630M–$650M.
Debt Reduction & Liquidity
Reduced total net debt by $228M to ~$4.32B in Q2; cash $263M and total liquidity nearly $1.5B including $1.1B undrawn revolver; plan to repay >$550M of debt this year and target net debt ~ $3.8B by year-end.
High AI Adoption Among Top Clients
Among the top 75% of clients, 97% have AI in production with multiple AI solutions deployed, reinforcing demand for integrated AI/CX services.
Confidence in Mid/Long-Term Margins and Cash Generation
Management expects sequential margin expansion in H2, commitment to reduce net leverage (goal: below 2.0x adjusted EBITDA by fiscal year-end), and higher adjusted FCF in fiscal 2027 versus 2026.
CNXC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CNXC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jun 29, 2026 | $25.23 | $22.41 | -11.20% |
Mar 24, 2026 | $32.59 | $26.12 | -19.86% |
Jan 13, 2026 | $39.56 | $38.29 | -3.21% |
Sep 25, 2025 | $53.34 | $46.23 | -13.33% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Concentrix Corporation (CNXC) report earnings?
Concentrix Corporation (CNXC) is schdueled to report earning on Sep 30, 2026, After Close (Confirmed).
What is Concentrix Corporation (CNXC) earnings time?
Concentrix Corporation (CNXC) earnings time is at Sep 30, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CNXC EPS forecast?
CNXC EPS forecast for the fiscal quarter 2026 (Q3) is 2.71.
