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Red Flags Detected

  • Goodwill Impairment (new) — A $1.05 billion non-cash goodwill impairment charge was recorded in the current period, with no such charge in the prior year.
  • Impairment Charge (new) — The company recorded a $1.05 billion impairment charge in the current quarter, which was not present in the prior year.
NASDAQ: CNXC Concentrix Corp 10-Q

Concentrix swings to $988M loss on $1.05B goodwill impairment; revenue slips 1.2%

Filed October 7, 2026 · Period ending August 31, 2026 · Compared to 10-Q Oct 3, 2025 · ~1 min read

Key Changes

  • high

    Net loss of $988.1M in Q3 2026 vs. $88.1M profit a year ago, driven by a $1.05B non-cash goodwill impairment charge.

    MD&A: Net income (loss) verify on EDGAR →
  • high

    Operating income swung to a $910.3M loss from a $147.0M profit, with the impairment charge as the main cause.

    MD&A: Operating income (loss) verify on EDGAR →
  • high

    Goodwill on the balance sheet fell to $2.64B from $5.19B, reflecting the impairment and divestitures.

    Notes: Goodwill verify on EDGAR →

2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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Figures/quotes linked to EDGAR · Narrative written by AI · Oct 7, 2026 · How we verify