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Side-by-side financial comparison of Concentrix Corp (CNXC) and Ecolab (ECL). Click either name above to swap in a different company.

Ecolab is the larger business by last-quarter revenue ($4.1B vs $2.6B, roughly 1.6× Concentrix Corp). Ecolab runs the higher net margin — 10.6% vs -57.9%, a 68.6% gap on every dollar of revenue. On growth, Ecolab posted the faster year-over-year revenue change (10.0% vs 4.3%). Over the past eight quarters, Concentrix Corp's revenue compounded faster (3.1% CAGR vs 1.0%).

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.

Ecolab Inc., headquartered in Saint Paul, Minnesota, provides products related to water treatment, sanitation, and hygiene, primarily to commercial and industrial customers.

CNXC vs ECL — Head-to-Head

Bigger by revenue
ECL
ECL
1.6× larger
ECL
$4.1B
$2.6B
CNXC
Growing faster (revenue YoY)
ECL
ECL
+5.8% gap
ECL
10.0%
4.3%
CNXC
Higher net margin
ECL
ECL
68.6% more per $
ECL
10.6%
-57.9%
CNXC
Faster 2-yr revenue CAGR
CNXC
CNXC
Annualised
CNXC
3.1%
1.0%
ECL

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
CNXC
CNXC
ECL
ECL
Revenue
$2.6B
$4.1B
Net Profit
$-1.5B
$432.6M
Gross Margin
34.3%
Operating Margin
-54.1%
15.3%
Net Margin
-57.9%
10.6%
Revenue YoY
4.3%
10.0%
Net Profit YoY
-1379.2%
1.3%
EPS (diluted)
$-23.37
$1.52

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.

Revenue
CNXC
CNXC
ECL
ECL
Q2 26
$4.1B
Q4 25
$2.6B
$4.2B
Q3 25
$2.5B
$4.2B
Q2 25
$2.4B
$4.0B
Q1 25
$2.4B
$3.7B
Q4 24
$2.4B
$4.0B
Q3 24
$2.4B
$4.0B
Q2 24
$2.4B
$4.0B
Net Profit
CNXC
CNXC
ECL
ECL
Q2 26
$432.6M
Q4 25
$-1.5B
$563.9M
Q3 25
$88.1M
$585.0M
Q2 25
$42.1M
$524.2M
Q1 25
$70.3M
$402.5M
Q4 24
$115.7M
$472.9M
Q3 24
$16.6M
$736.5M
Q2 24
$66.8M
$490.9M
Gross Margin
CNXC
CNXC
ECL
ECL
Q2 26
Q4 25
34.3%
44.0%
Q3 25
34.4%
44.8%
Q2 25
35.1%
44.8%
Q1 25
36.1%
44.2%
Q4 24
35.6%
43.3%
Q3 24
36.2%
43.4%
Q2 24
36.0%
43.8%
Operating Margin
CNXC
CNXC
ECL
ECL
Q2 26
15.3%
Q4 25
-54.1%
17.0%
Q3 25
5.9%
18.3%
Q2 25
6.1%
17.6%
Q1 25
7.1%
15.0%
Q4 24
5.9%
14.6%
Q3 24
6.4%
26.1%
Q2 24
6.3%
16.5%
Net Margin
CNXC
CNXC
ECL
ECL
Q2 26
10.6%
Q4 25
-57.9%
13.4%
Q3 25
3.5%
14.0%
Q2 25
1.7%
13.0%
Q1 25
3.0%
10.9%
Q4 24
4.7%
11.8%
Q3 24
0.7%
18.4%
Q2 24
2.8%
12.3%
EPS (diluted)
CNXC
CNXC
ECL
ECL
Q2 26
$1.52
Q4 25
$-23.37
$1.98
Q3 25
$1.34
$2.05
Q2 25
$0.63
$1.84
Q1 25
$1.04
$1.41
Q4 24
$1.72
$1.65
Q3 24
$0.25
$2.58
Q2 24
$0.98
$1.71

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CNXC
CNXC
ECL
ECL
Cash + ST InvestmentsLiquidity on hand
$327.3M
$519.8K
Total DebtLower is stronger
$4.6B
$8.5M
Stockholders' EquityBook value
$2.7B
$10.0M
Total Assets
$10.8B
$25.0M
Debt / EquityLower = less leverage
1.67×
0.85×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNXC
CNXC
ECL
ECL
Q2 26
$519.8K
Q4 25
$327.3M
$646.2M
Q3 25
$350.3M
$2.0B
Q2 25
$342.8M
$1.9B
Q1 25
$308.0M
$1.2B
Q4 24
$240.6M
$1.3B
Q3 24
$246.2M
$1.3B
Q2 24
$207.3M
$384.0M
Total Debt
CNXC
CNXC
ECL
ECL
Q2 26
$8.5M
Q4 25
$4.6B
$7.4B
Q3 25
$4.8B
$8.1B
Q2 25
$4.9B
$7.5B
Q1 25
$4.9B
$7.0B
Q4 24
$4.7B
$6.9B
Q3 24
$4.9B
$7.0B
Q2 24
$4.9B
$7.5B
Stockholders' Equity
CNXC
CNXC
ECL
ECL
Q2 26
$10.0M
Q4 25
$2.7B
$9.8B
Q3 25
$4.3B
$9.7B
Q2 25
$4.3B
$9.3B
Q1 25
$4.0B
$8.9B
Q4 24
$4.0B
$8.8B
Q3 24
$4.2B
$8.5B
Q2 24
$4.1B
$8.3B
Total Assets
CNXC
CNXC
ECL
ECL
Q2 26
$25.0M
Q4 25
$10.8B
$24.7B
Q3 25
$12.4B
$23.9B
Q2 25
$12.4B
$23.7B
Q1 25
$11.9B
$22.4B
Q4 24
$12.0B
$22.4B
Q3 24
$12.2B
$22.1B
Q2 24
$12.1B
$21.5B
Debt / Equity
CNXC
CNXC
ECL
ECL
Q2 26
0.85×
Q4 25
1.67×
0.75×
Q3 25
1.10×
0.83×
Q2 25
1.14×
0.81×
Q1 25
1.22×
0.79×
Q4 24
1.17×
0.79×
Q3 24
1.18×
0.82×
Q2 24
1.21×
0.91×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CNXC
CNXC
ECL
ECL
Operating Cash FlowLast quarter
$344.2M
Free Cash FlowOCF − Capex
$281.2M
FCF MarginFCF / Revenue
11.0%
Capex IntensityCapex / Revenue
2.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$572.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CNXC
CNXC
ECL
ECL
Q2 26
Q4 25
$344.2M
$1.1B
Q3 25
$224.8M
$791.3M
Q2 25
$236.5M
$701.8M
Q1 25
$1.4M
$369.4M
Q4 24
$284.4M
$766.7M
Q3 24
$191.6M
$786.7M
Q2 24
$238.3M
$611.1M
Free Cash Flow
CNXC
CNXC
ECL
ECL
Q2 26
Q4 25
$281.2M
$758.0M
Q3 25
$159.7M
$529.7M
Q2 25
$180.7M
$485.1M
Q1 25
$-49.2M
$131.5M
Q4 24
$224.5M
$407.0M
Q3 24
$128.9M
$550.3M
Q2 24
$178.3M
$414.2M
FCF Margin
CNXC
CNXC
ECL
ECL
Q2 26
Q4 25
11.0%
18.1%
Q3 25
6.4%
12.7%
Q2 25
7.5%
12.1%
Q1 25
-2.1%
3.6%
Q4 24
9.2%
10.2%
Q3 24
5.4%
13.8%
Q2 24
7.5%
10.4%
Capex Intensity
CNXC
CNXC
ECL
ECL
Q2 26
Q4 25
2.5%
7.9%
Q3 25
2.6%
6.3%
Q2 25
2.3%
5.4%
Q1 25
2.1%
6.4%
Q4 24
2.4%
9.0%
Q3 24
2.6%
5.9%
Q2 24
2.5%
4.9%
Cash Conversion
CNXC
CNXC
ECL
ECL
Q2 26
Q4 25
1.93×
Q3 25
2.55×
1.35×
Q2 25
5.62×
1.34×
Q1 25
0.02×
0.92×
Q4 24
2.46×
1.62×
Q3 24
11.52×
1.07×
Q2 24
3.57×
1.24×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CNXC
CNXC

Technology And Consumer Electronics$675.1M26%
Retail Travel And Ecommerce$643.4M25%
Communications And Media$417.2M16%
Banking Financial Services And Insurance$402.6M16%
Other Industries$229.7M9%
Other$185.0M7%

ECL
ECL

Product and equipment sales$3.2B78%
Service and lease sales$891.5M22%

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