{
  "url": "https://struct.news/briefs/concentrixs-988m-loss-came-as-a-non-cash-goodwill-impairment-hit-operating-income",
  "title": "Concentrix’s $988M loss came as a non-cash goodwill impairment hit operating income",
  "summary": "Nine-month operating cash flow fell just 4.3% to $442.9M, even as a non-cash goodwill impairment pushed operating income to a $910.3M loss.",
  "published_at": "2026-10-07T12:22:12.466346+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Concentrix Corporation",
    "ticker": "CNXC",
    "cik": "1803599",
    "sector": "Technology",
    "industry": "Information Technology Services"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-10-07",
    "accession": "0001803599-26-000155",
    "url": "https://www.sec.gov/Archives/edgar/data/1803599/000180359926000155/cnxc-20260831.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-10-03",
    "url": "https://www.sec.gov/Archives/edgar/data/1803599/000180359925000147/cnxc-20250831.htm"
  },
  "reported_figures": [
    {
      "group": "The filing in three numbers",
      "label": "Revenue",
      "value": 9825771000,
      "display": "$9.8B",
      "unit": "usd",
      "period": "2025-11-30",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-Q",
        "accession": "0001803599-26-000155",
        "filing_date": "2026-10-07"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Revenue YoY",
      "value": 2.1506721142750207,
      "display": "+2.2%",
      "unit": "percent",
      "period": "2025-11-30",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001803599-26-000155",
        "filing_date": "2026-10-07"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Operating margin",
      "value": -9.344640741169318,
      "display": "-9.3%",
      "unit": "percent",
      "period": "2025-11-30",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001803599-26-000155",
        "filing_date": "2026-10-07"
      }
    }
  ],
  "watch_next": [
    {
      "type": "capital_investment",
      "statement": "Lower capex supported free cash flow even as operating cash provided declined, making investment spending a current cash-flow driver.",
      "importance": "medium",
      "evidence": "The increase in free cash flow for the nine months ended August 31, 2026 compared to the prior fiscal year period was due to the decrease in capital expenditures partially offset by the decrease in cash provided by operating activities.",
      "source_date": "2026-10-07"
    }
  ],
  "related_tickers": [
    "CNXC"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}