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Concentrix Corporation

concentrix.com

What Do They Do?

Provides customer experience and digital operations services, analytics, and business technology to global companies.

How Do They Make Money?

Clients pay under contracts for technology and services, usually at flat prices tied to staffing hours or customer transactions. Concentrix generally invoices after doing the work, with payment due under contract terms.

FY2025 revenue

Who Are Their Customers?

Global companies in technology, retail, communications, finance, and healthcare contract directly with Concentrix for customer experience and business services. Its sales force is organized by industry and geography.

Do Revenues Turn Into Profits?

Not on paper. It lost $1.3B in FY2025, but brought in more cash than it spent: $572.5M of free cash flow.

Operating income, FY2025
−9% of revenue
▼ Now a loss vs FY2024 ($596.4M, 6%)
Net income, FY2025
−13% of revenue
▼ Now a loss vs FY2024 ($251.2M, 3%)
Free cash flow, FY2025
6% of revenue
▲ +34% vs FY2024 ($428.7M, 4%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q3 FY2026, the three months to Aug 31, 2026
Revenue
▼ −1%
vs $2.5B in Q3 FY2025
Net income
▼ Now a loss
vs $88.1M in Q3 FY2025

Growing. Revenue grew 76% in 4 years, from $5.6B in FY2021 to $9.8B in FY2025, about 15% a year.

AI offerings broaden The latest report describes a named suite of self-service and agent-assistance products plus an agentic AI services framework; the older report discussed AI and automation as capabilities within broader customer-experience and digital-transformation services.

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