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Side-by-side financial comparison of Concentrix Corp (CNXC) and LPL Financial Holdings Inc. (LPLA). Click either name above to swap in a different company.
LPL Financial Holdings Inc. is the larger business by last-quarter revenue ($4.9B vs $2.6B, roughly 1.9× Concentrix Corp). LPL Financial Holdings Inc. runs the higher net margin — 6.1% vs -57.9%, a 64.0% gap on every dollar of revenue. On growth, LPL Financial Holdings Inc. posted the faster year-over-year revenue change (40.4% vs 4.3%). LPL Financial Holdings Inc. produced more free cash flow last quarter ($613.3M vs $281.2M). Over the past eight quarters, LPL Financial Holdings Inc.'s revenue compounded faster (32.0% CAGR vs 3.1%).
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.
LPL Financial Holdings Inc. was founded in 1989 and is considered the largest independent broker-dealer in the United States. As of 2021 the company had more than 17,500 financial advisors, over US$1 trillion in advisory and brokerage assets, and generated approximately $10.3 billion in annual revenue for the 2023 fiscal year. LPL Financial has main offices in Boston, Fort Mill, Austin, and San Diego. The company is a member of FINRA and the SIPC.
CNXC vs LPLA — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.6B | $4.9B |
| Net Profit | $-1.5B | $300.7M |
| Gross Margin | 34.3% | — |
| Operating Margin | -54.1% | 8.1% |
| Net Margin | -57.9% | 6.1% |
| Revenue YoY | 4.3% | 40.4% |
| Net Profit YoY | -1379.2% | 11.1% |
| EPS (diluted) | $-23.37 | $3.65 |
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 | $4.9B | ||
| Q3 25 | $2.5B | $4.6B | ||
| Q2 25 | $2.4B | $3.8B | ||
| Q1 25 | $2.4B | $3.7B | ||
| Q4 24 | $2.4B | $3.5B | ||
| Q3 24 | $2.4B | $3.1B | ||
| Q2 24 | $2.4B | $2.9B | ||
| Q1 24 | $2.4B | $2.8B |
| Q4 25 | $-1.5B | $300.7M | ||
| Q3 25 | $88.1M | $-29.5M | ||
| Q2 25 | $42.1M | $273.2M | ||
| Q1 25 | $70.3M | $318.6M | ||
| Q4 24 | $115.7M | $270.7M | ||
| Q3 24 | $16.6M | $255.3M | ||
| Q2 24 | $66.8M | $243.8M | ||
| Q1 24 | $52.1M | $288.8M |
| Q4 25 | 34.3% | — | ||
| Q3 25 | 34.4% | — | ||
| Q2 25 | 35.1% | — | ||
| Q1 25 | 36.1% | — | ||
| Q4 24 | 35.6% | — | ||
| Q3 24 | 36.2% | — | ||
| Q2 24 | 36.0% | — | ||
| Q1 24 | 35.6% | — |
| Q4 25 | -54.1% | 8.1% | ||
| Q3 25 | 5.9% | -0.7% | ||
| Q2 25 | 6.1% | 9.6% | ||
| Q1 25 | 7.1% | 11.4% | ||
| Q4 24 | 5.9% | 9.7% | ||
| Q3 24 | 6.4% | 11.2% | ||
| Q2 24 | 6.3% | 11.3% | ||
| Q1 24 | 6.2% | 13.2% |
| Q4 25 | -57.9% | 6.1% | ||
| Q3 25 | 3.5% | -0.6% | ||
| Q2 25 | 1.7% | 7.1% | ||
| Q1 25 | 3.0% | 8.7% | ||
| Q4 24 | 4.7% | 7.7% | ||
| Q3 24 | 0.7% | 8.2% | ||
| Q2 24 | 2.8% | 8.3% | ||
| Q1 24 | 2.2% | 10.2% |
| Q4 25 | $-23.37 | $3.65 | ||
| Q3 25 | $1.34 | $-0.37 | ||
| Q2 25 | $0.63 | $3.40 | ||
| Q1 25 | $1.04 | $4.24 | ||
| Q4 24 | $1.72 | $3.58 | ||
| Q3 24 | $0.25 | $3.39 | ||
| Q2 24 | $0.98 | $3.23 | ||
| Q1 24 | $0.76 | $3.83 |
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 | $1.1B |
| Total DebtLower is stronger | $4.6B | $7.3B |
| Stockholders' EquityBook value | $2.7B | $5.3B |
| Total Assets | $10.8B | $18.5B |
| Debt / EquityLower = less leverage | 1.67× | 1.36× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $327.3M | $1.1B | ||
| Q3 25 | $350.3M | $1.6B | ||
| Q2 25 | $342.8M | $4.3B | ||
| Q1 25 | $308.0M | $1.4B | ||
| Q4 24 | $240.6M | $1.0B | ||
| Q3 24 | $246.2M | $1.6B | ||
| Q2 24 | $207.3M | $1.4B | ||
| Q1 24 | $234.8M | $1.2B |
| Q4 25 | $4.6B | $7.3B | ||
| Q3 25 | $4.8B | $7.5B | ||
| Q2 25 | $4.9B | $7.2B | ||
| Q1 25 | $4.9B | $5.7B | ||
| Q4 24 | $4.7B | $5.5B | ||
| Q3 24 | $4.9B | $4.4B | ||
| Q2 24 | $4.9B | $4.4B | ||
| Q1 24 | $5.0B | $3.9B |
| Q4 25 | $2.7B | $5.3B | ||
| Q3 25 | $4.3B | $5.0B | ||
| Q2 25 | $4.3B | $5.1B | ||
| Q1 25 | $4.0B | $3.1B | ||
| Q4 24 | $4.0B | $2.9B | ||
| Q3 24 | $4.2B | $2.8B | ||
| Q2 24 | $4.1B | $2.5B | ||
| Q1 24 | $4.1B | $2.3B |
| Q4 25 | $10.8B | $18.5B | ||
| Q3 25 | $12.4B | $18.0B | ||
| Q2 25 | $12.4B | $17.5B | ||
| Q1 25 | $11.9B | $14.0B | ||
| Q4 24 | $12.0B | $13.3B | ||
| Q3 24 | $12.2B | $11.9B | ||
| Q2 24 | $12.1B | $11.5B | ||
| Q1 24 | $12.2B | $11.0B |
| Q4 25 | 1.67× | 1.36× | ||
| Q3 25 | 1.10× | 1.49× | ||
| Q2 25 | 1.14× | 1.41× | ||
| Q1 25 | 1.22× | 1.82× | ||
| Q4 24 | 1.17× | 1.87× | ||
| Q3 24 | 1.18× | 1.60× | ||
| Q2 24 | 1.21× | 1.77× | ||
| Q1 24 | 1.23× | 1.70× |
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 | $785.0M |
| Free Cash FlowOCF − Capex | $281.2M | $613.3M |
| FCF MarginFCF / Revenue | 11.0% | 12.4% |
| Capex IntensityCapex / Revenue | 2.5% | 3.5% |
| Cash ConversionOCF / Net Profit | — | 2.61× |
| TTM Free Cash FlowTrailing 4 quarters | $572.5M | $-981.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $344.2M | $785.0M | ||
| Q3 25 | $224.8M | $-1.7B | ||
| Q2 25 | $236.5M | $193.3M | ||
| Q1 25 | $1.4M | $339.8M | ||
| Q4 24 | $284.4M | $-178.8M | ||
| Q3 24 | $191.6M | $209.3M | ||
| Q2 24 | $238.3M | $-178.9M | ||
| Q1 24 | $-46.9M | $425.9M |
| Q4 25 | $281.2M | $613.3M | ||
| Q3 25 | $159.7M | $-1.9B | ||
| Q2 25 | $180.7M | $56.3M | ||
| Q1 25 | $-49.2M | $220.3M | ||
| Q4 24 | $224.5M | $-344.3M | ||
| Q3 24 | $128.9M | $62.3M | ||
| Q2 24 | $178.3M | $-307.8M | ||
| Q1 24 | $-102.9M | $304.9M |
| Q4 25 | 11.0% | 12.4% | ||
| Q3 25 | 6.4% | -41.1% | ||
| Q2 25 | 7.5% | 1.5% | ||
| Q1 25 | -2.1% | 6.0% | ||
| Q4 24 | 9.2% | -9.8% | ||
| Q3 24 | 5.4% | 2.0% | ||
| Q2 24 | 7.5% | -10.5% | ||
| Q1 24 | -4.3% | 10.8% |
| Q4 25 | 2.5% | 3.5% | ||
| Q3 25 | 2.6% | 3.1% | ||
| Q2 25 | 2.3% | 3.6% | ||
| Q1 25 | 2.1% | 3.3% | ||
| Q4 24 | 2.4% | 4.7% | ||
| Q3 24 | 2.6% | 4.7% | ||
| Q2 24 | 2.5% | 4.4% | ||
| Q1 24 | 2.3% | 4.3% |
| Q4 25 | — | 2.61× | ||
| Q3 25 | 2.55× | — | ||
| Q2 25 | 5.62× | 0.71× | ||
| Q1 25 | 0.02× | 1.07× | ||
| Q4 24 | 2.46× | -0.66× | ||
| Q3 24 | 11.52× | 0.82× | ||
| Q2 24 | 3.57× | -0.73× | ||
| Q1 24 | -0.90× | 1.47× |
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% |
LPLA
Segment breakdown not available.
