Concentrix Q3 2026 net loss widens to $988.11 million; revenue falls to $2.45 billion
CNXC•Concentrix reported a net loss of $988.11 million for the three months ended Aug. 31, 2026, while revenue fell 1% year over year to $2.45 billion. The operating loss included a $1.05 billion non-cash goodwill impairment charge.
1. Quarterly results
Concentrix swung to a net loss of $988.11 million for the three months ended Aug. 31, 2026, as revenue slipped 1% from a year earlier to $2.45 billion. Its operating result turned to a loss of $910.31 million, including a $1.05 billion non-cash goodwill impairment charge; cash flow from operations rose to $268.21 million and free cash flow increased to $221.23 million.
2. Recent business wins
Chris Caldwell said 50% of revenue now comes from business won and deployed within the last three years.
