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Side-by-side financial comparison of Concentrix Corp (CNXC) and CoreWeave, Inc. (CRWV). Click either name above to swap in a different company.
Concentrix Corp is the larger business by last-quarter revenue ($2.6B vs $1.6B, roughly 1.6× CoreWeave, Inc.). CoreWeave, Inc. runs the higher net margin — -28.7% vs -57.9%, a 29.2% gap on every dollar of revenue. Concentrix Corp produced more free cash flow last quarter ($281.2M vs $-2.5B).
Concentrix CorpCNXCEarnings & Financial Report
Concentrix Corporation is an American business process outsourcing company headquartered in Newark, California. It was a subsidiary of SYNNEX Corporation since 2006 and went public as an independent company on December 1, 2020. In 2025, Concentrix made it to #426 on the Fortune 500 list.
CoreWeave, Inc. is an American artificial intelligence (AI) cloud-computing company based in Livingston, New Jersey. It specializes in providing cloud-based graphics processing unit (GPU) infrastructure to AI developers and enterprises, and also develops its own chip management software.
CNXC vs CRWV — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.6B | $1.6B |
| Net Profit | $-1.5B | $-451.7M |
| Gross Margin | 34.3% | 67.6% |
| Operating Margin | -54.1% | -5.7% |
| Net Margin | -57.9% | -28.7% |
| Revenue YoY | 4.3% | — |
| Net Profit YoY | -1379.2% | — |
| EPS (diluted) | $-23.37 | $-0.50 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $2.6B | $1.6B | ||
| Q3 25 | $2.5B | $1.4B | ||
| Q2 25 | $2.4B | $1.2B | ||
| Q1 25 | $2.4B | $981.6M | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | $2.4B | $583.9M | ||
| Q2 24 | $2.4B | $395.4M | ||
| Q1 24 | $2.4B | — |
| Q4 25 | $-1.5B | $-451.7M | ||
| Q3 25 | $88.1M | $-110.1M | ||
| Q2 25 | $42.1M | $-290.5M | ||
| Q1 25 | $70.3M | $-314.6M | ||
| Q4 24 | $115.7M | — | ||
| Q3 24 | $16.6M | $-359.8M | ||
| Q2 24 | $66.8M | $-323.0M | ||
| Q1 24 | $52.1M | — |
| Q4 25 | 34.3% | 67.6% | ||
| Q3 25 | 34.4% | 73.0% | ||
| Q2 25 | 35.1% | 74.2% | ||
| Q1 25 | 36.1% | 73.3% | ||
| Q4 24 | 35.6% | — | ||
| Q3 24 | 36.2% | 75.5% | ||
| Q2 24 | 36.0% | 72.5% | ||
| Q1 24 | 35.6% | — |
| Q4 25 | -54.1% | -5.7% | ||
| Q3 25 | 5.9% | 3.8% | ||
| Q2 25 | 6.1% | 1.6% | ||
| Q1 25 | 7.1% | -2.8% | ||
| Q4 24 | 5.9% | — | ||
| Q3 24 | 6.4% | 20.1% | ||
| Q2 24 | 6.3% | 19.7% | ||
| Q1 24 | 6.2% | — |
| Q4 25 | -57.9% | -28.7% | ||
| Q3 25 | 3.5% | -8.1% | ||
| Q2 25 | 1.7% | -24.0% | ||
| Q1 25 | 3.0% | -32.1% | ||
| Q4 24 | 4.7% | — | ||
| Q3 24 | 0.7% | -61.6% | ||
| Q2 24 | 2.8% | -81.7% | ||
| Q1 24 | 2.2% | — |
| Q4 25 | $-23.37 | $-0.50 | ||
| Q3 25 | $1.34 | $-0.22 | ||
| Q2 25 | $0.63 | $-0.60 | ||
| Q1 25 | $1.04 | $-1.49 | ||
| Q4 24 | $1.72 | — | ||
| Q3 24 | $0.25 | $-1.82 | ||
| Q2 24 | $0.98 | $-1.62 | ||
| Q1 24 | $0.76 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $327.3M | $3.2B |
| Total DebtLower is stronger | $4.6B | $21.4B |
| Stockholders' EquityBook value | $2.7B | $3.3B |
| Total Assets | $10.8B | $49.3B |
| Debt / EquityLower = less leverage | 1.67× | 6.41× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $327.3M | $3.2B | ||
| Q3 25 | $350.3M | $1.9B | ||
| Q2 25 | $342.8M | $1.2B | ||
| Q1 25 | $308.0M | $1.3B | ||
| Q4 24 | $240.6M | — | ||
| Q3 24 | $246.2M | $1.4B | ||
| Q2 24 | $207.3M | $1.0B | ||
| Q1 24 | $234.8M | — |
| Q4 25 | $4.6B | $21.4B | ||
| Q3 25 | $4.8B | $14.0B | ||
| Q2 25 | $4.9B | $11.1B | ||
| Q1 25 | $4.9B | $8.7B | ||
| Q4 24 | $4.7B | — | ||
| Q3 24 | $4.9B | — | ||
| Q2 24 | $4.9B | — | ||
| Q1 24 | $5.0B | — |
| Q4 25 | $2.7B | $3.3B | ||
| Q3 25 | $4.3B | $3.9B | ||
| Q2 25 | $4.3B | $2.7B | ||
| Q1 25 | $4.0B | $1.9B | ||
| Q4 24 | $4.0B | — | ||
| Q3 24 | $4.2B | $-344.0M | ||
| Q2 24 | $4.1B | $-1.0B | ||
| Q1 24 | $4.1B | — |
| Q4 25 | $10.8B | $49.3B | ||
| Q3 25 | $12.4B | $32.9B | ||
| Q2 25 | $12.4B | $26.2B | ||
| Q1 25 | $11.9B | $21.9B | ||
| Q4 24 | $12.0B | — | ||
| Q3 24 | $12.2B | — | ||
| Q2 24 | $12.1B | — | ||
| Q1 24 | $12.2B | — |
| Q4 25 | 1.67× | 6.41× | ||
| Q3 25 | 1.10× | 3.62× | ||
| Q2 25 | 1.14× | 4.16× | ||
| Q1 25 | 1.22× | 4.57× | ||
| Q4 24 | 1.17× | — | ||
| Q3 24 | 1.18× | — | ||
| Q2 24 | 1.21× | — | ||
| Q1 24 | 1.23× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $344.2M | $1.6B |
| Free Cash FlowOCF − Capex | $281.2M | $-2.5B |
| FCF MarginFCF / Revenue | 11.0% | -159.1% |
| Capex IntensityCapex / Revenue | 2.5% | 258.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $572.5M | $-7.3B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $344.2M | $1.6B | ||
| Q3 25 | $224.8M | $1.7B | ||
| Q2 25 | $236.5M | $-251.3M | ||
| Q1 25 | $1.4M | $61.2M | ||
| Q4 24 | $284.4M | — | ||
| Q3 24 | $191.6M | — | ||
| Q2 24 | $238.3M | — | ||
| Q1 24 | $-46.9M | — |
| Q4 25 | $281.2M | $-2.5B | ||
| Q3 25 | $159.7M | $-699.8M | ||
| Q2 25 | $180.7M | $-2.7B | ||
| Q1 25 | $-49.2M | $-1.3B | ||
| Q4 24 | $224.5M | — | ||
| Q3 24 | $128.9M | — | ||
| Q2 24 | $178.3M | — | ||
| Q1 24 | $-102.9M | — |
| Q4 25 | 11.0% | -159.1% | ||
| Q3 25 | 6.4% | -51.3% | ||
| Q2 25 | 7.5% | -223.0% | ||
| Q1 25 | -2.1% | -137.1% | ||
| Q4 24 | 9.2% | — | ||
| Q3 24 | 5.4% | — | ||
| Q2 24 | 7.5% | — | ||
| Q1 24 | -4.3% | — |
| Q4 25 | 2.5% | 258.3% | ||
| Q3 25 | 2.6% | 175.1% | ||
| Q2 25 | 2.3% | 202.3% | ||
| Q1 25 | 2.1% | 143.4% | ||
| Q4 24 | 2.4% | — | ||
| Q3 24 | 2.6% | — | ||
| Q2 24 | 2.5% | — | ||
| Q1 24 | 2.3% | — |
| Q4 25 | — | — | ||
| Q3 25 | 2.55× | — | ||
| Q2 25 | 5.62× | — | ||
| Q1 25 | 0.02× | — | ||
| Q4 24 | 2.46× | — | ||
| Q3 24 | 11.52× | — | ||
| Q2 24 | 3.57× | — | ||
| Q1 24 | -0.90× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CNXC
| Technology And Consumer Electronics | $675.1M | 26% |
| Retail Travel And Ecommerce | $643.4M | 25% |
| Communications And Media | $417.2M | 16% |
| Banking Financial Services And Insurance | $402.6M | 16% |
| Other Industries | $229.7M | 9% |
| Other | $185.0M | 7% |
CRWV
| US | $1.4B | 92% |
| Non Us | $129.3M | 8% |
