Concentrix (CNXC) Tax Rate (2020 - 2026)
Concentrix (CNXC) posted Tax Rate of 20.44% for Q2 2026, down 17.78% sequentially from 24.86% in Q1 2026, and up 182.0% YoY from 7.25% in Q2 2025.
Concentrix (CNXC) Tax Rate (2020 - 2026) Analysis & Trends
Concentrix has reported Tax Rate for 7 years, with the latest figure at 20.44% in Q2 2026.
- Quarterly Tax Rate rose 182.0% year-over-year to 20.44% in Q2 2026, while the trailing twelve-month figure through May 2026 was 6.3% (down 2247.0% YoY) and the FY2025 annual result came in at 8.18%, down 2424.0% from the prior year.
- Tax Rate slipped to 20.44% in Q2 2026 per CNXC's latest filing, from 24.86% in the prior quarter.
- Over five years, Tax Rate peaked at 37.04% in Q3 2024 and troughed at 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.
- The sharpest annual moves came in 2022 and 2023: Tax Rate jumped 1556 bps in 2022, then plunged 2556 bps in 2023.
- Over 5 years, 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 gained by 6 bps to 2.3% in 2025, then jumped by 990 bps to 20.44% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 20.44%, 24.86%, and 2.3% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 222.17 Bn | 210.81 Bn | 9.91 Bn | 12.63% |
| 2 | Accenture | 113.08 Bn | 102.91 Bn | 6.13 Bn | 24.19% |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn | 29.49% |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - | 26.62% |
| 5 | Cognizant Technology Solutions | 28.83 Bn | 27.78 Bn | 1.83 Bn | 26.40% |
| 6 | Fidelity National Information Services | 21.35 Bn | 20.61 Bn | 1.17 Bn | 21.36% |
| 7 | Broadridge Financial Solutions | 21.18 Bn | 20.78 Bn | 853.00 Mn | 23.74% |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn | -22.49% |
| 9 | Leidos Holdings | 17.81 Bn | 17.07 Bn | 817.00 Mn | 21.06% |
| 10 | Concentrix | 1.55 Bn | 1.29 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% |