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| Date | Value |
|---|---|
| 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% |