Concentrix (CNXC) Tax Rate (2020 - 2026)
Concentrix (CNXC) reported Tax Rate of 20.44% for Q2 2026, up 182.0% on a YoY basis from 7.25% in Q2 2025, and down 17.78% sequentially from 24.86% in Q1 2026.
Concentrix (CNXC) Tax Rate (2020 - 2026) Analysis & Trends
Concentrix (CNXC) has 7 years of Tax Rate data on file, last reported at 20.44% in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 182.0% year-over-year to 20.44%; the trailing twelve-month figure through May 2026 stood at 6.3% (down 2247.0% YoY), and the FY2025 full-year result was 8.18%, down 2424.0% from the prior year.
- Tax Rate slipped to 20.44% in Q2 2026, from 24.86% 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.
- A 5-year average of 22.16% and a median of 24.73% in 2022 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate surged 1556 bps in 2022 and slumped 2556 bps in 2023, its largest moves.
- Tracing CNXC's Tax Rate over 5 years: stood at 35.45% in 2022, then sank by 72 bps to 9.89% in 2023, then tumbled by 125 bps to 2.43% in 2024, then grew by 6 bps to 2.3% in 2025, then jumped by 990 bps to 20.44% in 2026.
- Business Quant data shows CNXC's Tax Rate at 20.44% in Q2 2026, 24.86% in Q1 2026, and 2.3% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | 12.63% |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 24.19% |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn | -8.48% |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn | 29.49% |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - | 28.00% |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn | 40.93% |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 23.99% |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | -22.49% |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | 18.88% |
| 10 | Concentrix | 1.34 Bn | 1.08 Bn | 823.35 Mn | 20.44% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 20.44% |
| May 31, 2026 | 20.44% |
| May 31, 2026 | 20.44% |
| Feb 28, 2026 | 24.86% |
| Feb 28, 2026 | 24.86% |
| Feb 28, 2026 | 24.86% |
| Nov 30, 2025 | -2.30% |
| Nov 30, 2025 | -2.30% |
| Nov 30, 2025 | -2.30% |
| Aug 31, 2025 | 20.94% |
| Aug 31, 2025 | 20.94% |
| Aug 31, 2025 | 20.94% |
| May 31, 2025 | 18.62% |
| May 31, 2025 | 18.62% |
| May 31, 2025 | 18.62% |
| Feb 28, 2025 | 30.30% |
| Feb 28, 2025 | 30.30% |
| Feb 28, 2025 | 30.30% |
| Nov 30, 2024 | -2.43% |
| Nov 30, 2024 | -2.43% |