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Provides outsourced customer experience (call center/tech support) services for large brands, spun off from SYNNEX.
Provides outsourced customer experience (call center/tech support) services for large brands, spun off from SYNNEX.
Bills clients mainly for its agents' time or per customer interaction handled, so headcount and how fully agents are used drive profit, and much of the work is done from lower-cost countries such as the Philippines and India. The 2023 purchase of Webhelp, a French rival, widened its footprint in Europe.
Moat: none (scale, installed base). Scale and long client relationships help, but BPO/call-center services are labor-intensive and price-competitive.
Headquarters: Newark, California, United States · Founded: 2020 · Employees: 455,000
Size Concentrix (CNXC) is a United States Information Technology company (Information Technology Services) with a market value of $1.85B, the 1849th largest of 3,117 United States companies the cockpit tracks. Shares closed at $30.32 on 6 Nov 2026.
Performance Over six months the shares gained 24.9%, against -7.4% for the median peer and -1.1% for the United States market (cap-weighted) — 5th highest of 21 in its peer set.
Growth Revenue grew 2.6% over the last twelve months (peer median +8.0%); the operating margin is 8.0% (peer median 8.7%).
Valuation It trades at 2.6× forward earnings against a peer median of 19.5× (cheapest of 16).
Price implies For today's price to make sense, revenue must grow about -12% a year for seven years (Req g). Recent delivered growth is +16%, so the hurdle is -28 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 3.6 points above its cost of capital (5.9% WACC).
Credit Concentrix has 3 bonds outstanding ($1.95B), rated BBB- by the agencies and trading like B+ at a weighted spread of 237 bp.
Short interest Short interest is 14.2% of the free float (15 Oct 2026).
Next results Next results expected around 19 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $9.97B | $9.83B | $9.62B | $7.11B | $6.32B |
| Revenue growth | — | +2% | +35% | +12% | — |
| Gross profit | $2.84B | $2.78B | $2.75B | $2.20B | $1.98B |
| EBITDA | $1.44B | $1.38B | $1.46B | $1.14B | $1.02B |
| Net income | -$2.39B | -$1.28B | $242M | $308M | $428M |
| Free cash flow | $575M | $572M | $429M | $497M | $461M |
| Capital expenditure | $212M | $234M | $239M | $181M | $140M |
| Total debt | $5.28B | $5.54B | $5.60B | $5.79B | $2.72B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Concentrix CNXC | $1.85B | +25% | +3% | 8% | 2.6× | -11.9% |
| TaskUs TASK | $833M | +41% | +11% | 12% | 6.5× | 0.5% |
| Teleperformance TEP.PA | $4.60B | +3% | -3% | 10% | 5.0× | -10.2% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | CNXC | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +12.0% | -2.0% | 4th highest of 21 |
| 6-month return | +24.9% | -7.4% | 5th highest of 21 |
| Distance from 52-week high | -32.3% | -30.7% | 10th lowest of 21 |
| Revenue growth (TTM) | +2.6% | +8.0% | 8th lowest of 21 |
| Operating margin | 8.0% | 8.7% | 11th highest of 21 |
| Forward P/E | 2.6× | 19.5× | cheapest of 16 |
| Growth the price implies (Req g, 7 yrs) | -11.9% | 14.3% | least demanding of 13 |
| Growth delivered (Del g) | +15.8% | +9.6% | 6th highest of 13 |
| Hurdle (Req g minus delivered) | -27.7 pp | -1.9 pp | 2nd least demanding of 13 |
| ROIC minus cost of capital | +3.6 pp | -1.1 pp | 7th highest of 18 |
| EV / EBITDA | 4.7× | 15.3× | cheapest of 10 |
| Net debt / EBITDA | 3.4× | -0.4× | most indebted of 13 |
| Bond spread | 237 bp | n/a | — |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Concentrix CNXC | United States | $1.85B | +25% | +3% | 8% | 2.6× | -11.9% | +15.8% |
| Computer Age Management Services CAMS.NS | India | $1.87B | -15% | +9% | 39% | 32.3× | n/a | n/a |
| Sigma Advanced Systems SIGMAADV.NS | India | $1.83B | +196% | +358% | 12% | n/a | n/a | n/a |
| A10 Networks ATEN | United States | $1.80B | -11% | +12% | 17% | 22.0× | 16.7% | +5.2% |
| Kainos KNOS.L | United Kingdom | $1.92B | +57% | +17% | 11% | 23.2× | 21.7% | +12.9% |
| CETC Cyberspace Security Technology 002268.SZ | China | $1.77B | -11% | -3% | 1% | 45.0× | n/a | n/a |
| GMO Internet 9449.T | Japan | $1.94B | -4% | +6% | 21% | 13.4× | n/a | n/a |
| Formula Systems (1985) Ltd. Sponsored ADR FORTY | United States | $1.75B | -26% | +1% | 8% | n/a | -3.4% | +6.3% |
| Atea ATEA.OL | Norway | $1.99B | +6% | +12% | 4% | 16.4× | -5.0% | -1.1% |
| Transportation Telecommunication and Information Development Inc. Ltd. Zhejiang 300469.SZ | China | $1.72B | -18% | -15% | -102% | n/a | n/a | n/a |
| PC Connection CNXN | United States | $2.00B | +19% | +10% | 4% | 16.6× | n/a | n/a |
| Shift 3697.T | Japan | $1.71B | +61% | +24% | 11% | 19.2× | -2.2% | +28.6% |
| Omnicell OMCL | United States | $1.70B | -15% | +6% | 5% | 19.5× | 11.7% | +5.8% |
| Globant GLOB | United States | $2.05B | +21% | -1% | 10% | 8.0× | -1.2% | +24.7% |
| Northking Information Technology 002987.SZ | China | $1.67B | -14% | +1% | 6% | 30.6× | 16.2% | +16.1% |
| Simplex Holdings,Inc 4373.T | Japan | $1.66B | +25% | +20% | 23% | 19.4× | 12.4% | +16.3% |
| secunet Security Networks YSN.DE | Germany | $1.66B | +20% | +13% | 11% | 37.3× | n/a | n/a |
| Mega Fortune MGRT | United States | $1.65B | -14% | -8% | -37% | n/a | n/a | n/a |
| Beijing Teamsun Technology 600410.SS | China | $2.09B | -42% | +19% | -9% | n/a | 26.0% | +3.6% |
| Zen Technologies ZENTEC.NS | India | $1.64B | +6% | +4% | 31% | 45.7× | 53.0% | +66.0% |
| CETC Digital Technology 600850.SS | China | $1.62B | -18% | -1% | 2% | 17.3× | 19.1% | +5.8% |
Concentrix has 3 bonds outstanding with $1.95B face value. The agencies rate it BBB-; its bonds trade like B+. Weighted yield 6.89%, a spread of 237 bp over government bonds.