Concentrix (CNXC) Tax Rate (2020 - 2026)

Concentrix's (CNXC) quarterly Tax Rate came in at 24.86% in Q1 2026, down 544.0% year-on-year from 5.6% in Q1 2025, and up 1182.65% quarter-over-quarter from 2.3% in Q4 2025.

Concentrix (CNXC) Tax Rate (2020 - 2026) Analysis & Trends

Concentrix has disclosed Tax Rate across 7 years of filings, most recently posting 24.86% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 24.86%, down 544.0% year-over-year; the trailing twelve-month figure through Feb 2026 was 5.84% (down 2353.0% YoY), and the FY2025 annual result was 8.18%, down 2424.0% from the prior year.
  • Tax Rate came in at 24.86% for Q1 2026 at Concentrix, up from 2.3% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 37.04% in Q3 2024 to a low of 2.43% in Q4 2024.
  • The 5-year median for Tax Rate is 24.86% (2026), against an average of 22.26%.
  • Across the five-year window, Tax Rate surged 1556 bps in 2022 and plunged 2556 bps in 2023, its largest moves.
  • Concentrix's Tax Rate stood at 35.45% in 2022, then plunged by 72 bps to 9.89% in 2023, then slumped by 125 bps to 2.43% in 2024, then increased by 6 bps to 2.3% in 2025, then surged by 1183 bps to 24.86% in 2026.
  • The last three Tax Rate figures came in at 24.86% (Q1 2026), 2.3% (Q4 2025), and 20.94% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn 21.23%
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn 12.40%
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn -
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn 24.31%
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn 23.99%
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn 40.93%
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn 18.88%
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn 26.21%
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn 21.91%
10 Concentrix 1.70 Bn 1.48 Bn 849.66 Mn 24.86%

Historic Data

Download Data
DateValue
Feb 28, 2026 24.86%
Feb 28, 2026 24.86%
Nov 30, 2025 -2.30%
Nov 30, 2025 -2.30%
Aug 31, 2025 20.94%
Aug 31, 2025 20.94%
May 31, 2025 18.62%
May 31, 2025 18.62%
Feb 28, 2025 30.30%
Feb 28, 2025 30.30%
Nov 30, 2024 -2.43%
Nov 30, 2024 -2.43%
Aug 31, 2024 37.04%
Aug 31, 2024 37.04%
May 31, 2024 23.29%
May 31, 2024 23.29%
Feb 29, 2024 28.45%
Feb 29, 2024 28.45%
Nov 30, 2023 9.89%
Nov 30, 2023 9.89%