For the quarter ending 2026-02-28, CNXC had -$105,615K decrease in cash & cash equivalents over the period. -$137,122K in free cash flow.
| Cash Flow | 2026-02-28 | 2025-11-30 | 2025-08-31 |
|---|---|---|---|
| Net income (loss) | - | -1,278,924 | - |
| Impairment charges | - | 1,527,726 | - |
| Net income | -178,871 | - | 200,460 |
| Depreciation | 55,913 | 58,075 | 168,026 |
| Amortization | 103,456 | 107,776 | 326,556 |
| Non-cash share-based compensation expense | 27,699 | 18,473 | 77,913 |
| Provision for credit losses | 2,081 | 271 | 5,467 |
| Deferred income taxes | -2,586 | -42,160 | -112,717 |
| Loss on call options | - | 0 | - |
| Amortization of debt issuance costs | 2,536 | 4,492 | 19,056 |
| Pension and other post-retirement benefit costs | 4,779 | 5,345 | 11,220 |
| Pension and other post-retirement plan contributions | - | 4,058 | 0 |
| Change in acquisition contingent consideration | -416 | -6,208 | 4,250 |
| Loss on held for sale | -5,929 | - | - |
| Other | -1,502 | -2,191 | 39 |
| Accounts receivable, net | 21,125 | -41,182 | 64,260 |
| Accounts payable | -44,599 | 21,579 | 6,895 |
| Other operating assets and liabilities | 239,978 | -88,920 | 180,080 |
| Net cash provided by (used in) operating activities | -83,220 | 344,220 | 462,747 |
| Purchases of property and equipment | 53,902 | 63,032 | 171,464 |
| Premiums paid for call options | - | 0 | - |
| Proceeds from divestiture, net of cash sold | 3,156 | - | - |
| Acquisition of business, net of cash acquired | 0 | 15,224 | 663 |
| Net cash used in investing activities | -50,746 | -78,256 | -172,127 |
| Proceeds from the restated credit facility - term loan-Restated Term Loan | - | 1,500,000 | - |
| Proceeds from the credit facility - revolver-Term Loan | - | - | 750,000 |
| Repayments of the prior credit facility - term loan-Restated Term Loan | - | 1,034,375 | - |
| Repayments of the credit facility - term loan-Term Loan | 9,375 | -900,000 | 900,000 |
| Proceeds from the credit facility - revolver-Revolving Credit Facility | 906,500 | 138,500 | 100,000 |
| Repayments of the credit facility - term loan-Revolving Credit Facility | 906,500 | 138,500 | 100,000 |
| Proceeds from the securitization facility | 297,000 | 719,700 | 1,628,000 |
| Repayments of the securitization facility | 178,500 | 707,700 | 1,474,000 |
| Proceeds from issuance of senior notes | 599,796 | 0 | - |
| Repayments of senior notes due 2026 | 600,000 | - | - |
| Other debt proceeds | - | 0 | 0 |
| Cash paid for debt extinguishment | 5,478 | - | - |
| Repayments of other debt | 0 | 822,150 | 6,165 |
| Cash paid for debt issuance costs | 2,195 | 0 | 4,755 |
| Acquisition deferred consideration payment | 0 | 0 | 6,454 |
| Cash paid for acquired earnout liabilities | - | 0 | - |
| Proceeds from exercise of stock options | 2,407 | -13 | 3,991 |
| Repurchase of common stock for tax withholdings on equity awards | 2,691 | 16,262 | 3,743 |
| Repurchase of common stock | 43,194 | 55,934 | 112,774 |
| Dividends paid | 23,149 | 23,225 | 66,393 |
| Net change in client fund obligation | - | 9,191 | - |
| Change in funds held for clients | -3,033 | - | 19,151 |
| Net cash provided by financing activities | 18,503 | -279,999 | -211,444 |
| Effect of exchange rate changes on cash, cash equivalents, cash held for sale, restricted cash and restricted cash held for sale | 9,848 | -3,324 | 29,706 |
| Net increase (decrease) in cash, cash equivalents, cash held for sale, restricted cash and restricted cash held for sale | -105,615 | -17,359 | 108,882 |
| Cash, cash equivalents, cash held for sale and restricted cash at beginning of year | 521,127 | 538,486 | 429,604 |
| Cash, cash equivalents, cash held for sale, restricted cash and restricted cash held for sale at end of period | 415,512 | 521,127 | 538,486 |
Concentrix Corp (CNXC)
Concentrix Corp (CNXC)