18 February 2026
Disclaimer: This is a simplified summary of a public company filing. See full disclaimer here.
Concentrix Corp
CIK: 1803599•1 Annual Report•Latest: 2026-01-28
10-K / January 28, 2026
Concentrix Corporation
Overview
Concentrix is a global technology and services company that delivers end-to-end customer experience (CX) and digital operations solutions for brands. It provides integrated services across the full customer lifecycle, combining strategy, operations, analytics and enterprise technology with AI-enabled capabilities.
Business model and offerings
- CX and UX strategy and design
- Digital operations: sales, marketing, customer service, trust and safety, finance and compliance
- Data analytics and enterprise insights
- Enterprise technology: platform design, modernization, integration, and security
- AI-enabled capabilities: GenAI, agentic AI, self-service AI bots, and related platforms
- Multi-channel engagement across voice, chat, email, social and asynchronous messaging
- Advanced technologies including GenAI, machine learning, automation and RPA
- Introduced the Intelligent Experience (iX) product line in 2024, including iX Hello (GenAI-powered self-service) and iX Hero (agentic AI with human-in-the-loop); announced the Agentic Operating Framework in 2025
Scale and footprint
- Employees: approximately 455,000
- Global delivery network: ~483 locations in 74 countries across six continents
- Facilities: about 25.4 million square feet of space, with roughly 1.4 million square feet owned
- Remote work: about 20% of the global team works remotely
- Global language capabilities aligned to client needs
- Approximately 89% of revenue generated from non-U.S. operations (FY2025)
Customers and client relationships
- More than 2,000 client relationships worldwide
- Serves a broad mix of industries across five primary verticals and others
- Five largest clients represented about 19% of revenue in fiscal year 2025
- Over 160 Fortune Global 500 clients referenced in company materials
- Average client tenure for top 30 clients: approximately 16 years
Industry focus and verticals
Strategic verticals include:
- Technology and consumer electronics
- Retail, travel and e-commerce
- Communications and media
- Banking, financial services and insurance
- Healthcare
- Other
Revenue and growth
- Revenue (FY2025): $9.8 billion
- Historical growth from $1.1 billion in FY2014 to $9.8 billion in FY2025
- Growth strategy based on expanding client relationships, technology innovation (including GenAI and agentic AI), and selective acquisitions
Acquisitions and geographic investment
- Recent and notable acquisitions:
- SAI Digital (Sept 2025)
- Webhelp (Sept 2023)
- ServiceSource (July 2022)
- PK (Dec 2021)
- Convergys Corporation (Oct 2018)
- Acquisition focus: expand geographic footprint, digital capabilities and AI-related offerings
- Ongoing investments in emerging markets such as India, Egypt, Brazil, Türkiye and Vietnam
Products, technology and security
- iX suite: GenAI-powered tools for self-service and agentic AI
- iX Hello: enterprise GenAI-powered self-service for customizable virtual assistants integrated with leading LLMs and internal data sources
- iX Hero: agentic AI that supports human advisors with real-time coaching, ready-to-use answers, transcription and updates; includes Harmony (speech tuning) and Clarity (noise suppression)
- Agentic Operating Framework (2025): integrates agentic AI services across readiness, strategy, language models, data management and monitoring in partnership with strategic partners and iX products
- Certifications and governance: ISO/IEC 42001:2023 (AI Management System), ISO 31700:2023 (Privacy by Design standards), HITRUST AI requirements, PCI DSS, ISO 27001, ISO 22301, SOC 2 Type II, COPC, HITRUST CSF, and others
Regulatory and risk context
- Operates under a broad regulatory framework covering data privacy, labor, anti-corruption, AI use, healthcare and financial services
- Exposed to currency fluctuations due to international operations and contract structures
Governance and leadership
- Public company with a diverse shareholder base
- Notes concentration risk from large holders, including affiliates of Groupe Bruxelles Lambert, which hold a meaningful stake and have rights under investor arrangements that can influence board composition
