Reported Q: Q1 2025 Rev YoY: -1.3% EPS YoY: +36.8% Move: -2.23%
Concentrix Corporation
CNXC
$39.04 -2.23%
Exchange NASDAQ Sector Technology Industry Information Technology Services
Q1 2025
Published: Apr 4, 2025

Company Status Snapshot

Fast view of the latest quarter outcome for CNXC

Reported

Report Date

Apr 4, 2025

Quarter Q1 2025

Revenue

2.37B

YoY: -1.3%

EPS

1.10

YoY: +36.8%

Market Move

-2.23%

Previous quarter: Q4 2024

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Earnings Highlights

  • Revenue of $2.37B down 1.3% year-over-year
  • EPS of $1.10 increased by 36.8% from previous year
  • Gross margin of 36.1%
  • Net income of 70.26M
  • ""our strategy for long-term accelerated growth with a margin expansion centers around two primary topics: First, bringing integrated AI solutions that align with clients' needs and second, expanding the value we provide clients across a broader portfolio of business solutions to grow our share of wallet."" - Chris Caldwell
CNXC
Concentrix Corporation

Executive Summary

In Q1 2025, Concentrix Corporation reported revenue of $2.37 billion, reflecting a year-over-year increase of 1.3% on a constant currency basis, exceeding analyst expectations. Driven by solid demand across key sectors and successful integration of AI solutions, the company demonstrated resilient profitability with net income growing by 34.85% year-over-year. This performance serves to bolster investor confidence in Concentrix's strategic trajectory, particularly as they focus on leveraging integrated AI technologies to enhance client offerings. Management reiterated their guidance for moderated yet stable growth throughout 2025, indicating ongoing strategic investments and prioritization of key client relationships as essential elements of their path forward.

Key Performance Indicators

Revenue
Decreasing
2.37B
QoQ: -3.10% | YoY: -1.27%
Gross Profit
Decreasing
855.90M
36.08% margin
QoQ: -1.69% | YoY: -0.07%
Operating Income
Increasing
168.87M
QoQ: 16.83% | YoY: 13.76%
Net Income
Increasing
70.26M
QoQ: -39.25% | YoY: 34.85%
EPS
Increasing
1.04
QoQ: 151.74% | YoY: 36.84%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2025 2,417.37 0.63 +1.5% View
Q1 2025 2,372.22 1.10 -1.3% View
Q4 2024 2,448.02 -2.00 +9.7% View
Q3 2024 2,387.41 0.25 +46.2% View
Q2 2024 2,380.72 0.98 +47.4% View