Concentrix Reports $910.3 Million Operating Loss in Third Quarter

Key Facts

1Concentrix reported third-quarter revenue of $2.45 billion, a 1.2% decrease year-over-year.

2The company incurred an operating loss of $910.3 million after a $1.05 billion goodwill impairment charge.

Concentrix Corporation incurred an operating loss of $910.3 million in the third quarter following a non-cash goodwill impairment charge of $1.05 billion. According to reports from defenseworld.net, the company generated $2.45 billion in revenue, representing a 1.2% decrease compared to the same period last year.

The massive impairment charge shifted the company's operating margin to negative 37.1% from 5.9% in the prior year, impacting overall GAAP results. CNXC closed at $24.95 on September 30, 2026, with the stock trading between a session low of $22.65 and a high of $26.97.