Concentrix (CNXC) Tax Provisions (2020 - 2026)
Concentrix's (CNXC) quarterly Tax Provisions came in at $7.1 million in Q1 2026, down 76.61% year-on-year from $30.5 million in Q1 2025, and down 78.49% quarter-over-quarter from $33.2 million in Q4 2025.
Concentrix (CNXC) Tax Provisions (2020 - 2026) Analysis & Trends
Concentrix has disclosed Tax Provisions across 7 years of filings, most recently posting $7.1 million for Q1 2026.
- Tax Provisions for Q1 2026 came in at $7.1 million, down 76.61% year-over-year; the trailing twelve-month figure through Feb 2026 was $73.3 million (up 26.68% YoY), and the FY2025 annual result was $96.7 million, up 101.22% from the prior year.
- Tax Provisions came in at $7.1 million for Q1 2026 at Concentrix, down from $33.2 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $57.6 million in Q4 2022 to a low of -$2.7 million in Q4 2024.
- The 5-year median for Tax Provisions is $27.1 million (2023), against an average of $24.4 million.
- Across the five-year window, Tax Provisions tumbled 136.0% in 2024 and jumped 1310.09% in 2025, its largest moves.
- Concentrix's Tax Provisions stood at $57.6 million in 2022, then sank by 86.77% to $7.6 million in 2023, then sank by 136.0% to -$2.7 million in 2024, then jumped by 1310.09% to $33.2 million in 2025, then plunged by 78.49% to $7.1 million in 2026.
- The last three Tax Provisions figures came in at $7.1 million (Q1 2026), $33.2 million (Q4 2025), and $23.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 248.00 Mn |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 172.00 Mn |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | - |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 597.27 Mn |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 208.00 Mn |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 106.00 Mn |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 64.30 Mn |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 83.60 Mn |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 94.00 Mn |
| 10 | Concentrix | 1.70 Bn | 1.48 Bn | 849.66 Mn | 7.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 7.14 Mn |
| Nov 30, 2025 | 33.21 Mn |
| Aug 31, 2025 | 23.33 Mn |
| May 31, 2025 | 9.63 Mn |
| Feb 28, 2025 | 30.54 Mn |
| Nov 30, 2024 | -2.74 Mn |
| Aug 31, 2024 | 9.79 Mn |
| May 31, 2024 | 20.29 Mn |
| Feb 29, 2024 | 20.72 Mn |
| Nov 30, 2023 | 7.62 Mn |
| Aug 31, 2023 | 29.17 Mn |
| May 31, 2023 | 27.12 Mn |
| Feb 28, 2023 | 30.47 Mn |
| Nov 30, 2022 | 57.63 Mn |
| Aug 31, 2022 | 42.24 Mn |
| May 31, 2022 | 33.45 Mn |
| Feb 28, 2022 | 36.05 Mn |
| Nov 30, 2021 | 30.81 Mn |
| Aug 31, 2021 | 42.62 Mn |
| May 31, 2021 | 42.12 Mn |