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Concentrix10-K: Capex increase

Increased technology investment to ~1% of revenue (~$98M) starting in FY2024 for new AI product suite.

What happened

Concentrix is significantly boosting its technology spending to develop its new iX suite of AI and GenAI products.

Source

SEC EDGARJan 28, 2026

Annual report (Form 10-K)

Concentrix 10-K

Filing excerpt

Beginning in fiscal year 2024, we increased our investment in technology to approximately 1% of revenue, including expenses related to the development of our iX suite of technology.

sec.gov/Archives/edgar/data/1803599/000180359926000027/cnxc-20251130.htmRead the full source

Other signals in this filing (11)

Extracted by Autobound

From the Signal API record
Signal
10-K: Capex increase

What this signalsFilings often name leadership changes, deals and spending plans.

Percent
1% (of revenue for technology investment)
Filed
Jan 28, 2026

More 10-K signals at other companies

The full record

From the Signal API record

Numbers

Dollar figure
$98M (Estimated annual technology investment based on 1% of $9.8B FY2025 revenue.)

Details

CIK
1803599
Accession number
0001803599-26-000027
Timeframe
Multi year
Filing year
2026
Why it matters
Budget available
Signal category
Financial

Topics and mentions

Technologies

  • AI
  • GenAI
  • agentic AI
  • machine learning
  • automation

Extraction

Confidence
High
Relevance
90%
Sentiment
Positive
Detected
Feb 3, 2026
signal_type
sec-10k
signal_subtype
capexIncrease

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This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/e4c6d3b5-ea93-47fe-bae6-c952c9c98b18 returns this record as JSON. POST /v1/companies/enrich returns every signal for concentrix.com.

{
  "signal_id": "e4c6d3b5-ea93-47fe-bae6-c952c9c98b18",
  "signal_type": "sec-10k",
  "signal_subtype": "capexIncrease",
  "detected_at": "2026-02-03T08:25:42.693+00:00",
  "company": {
    "name": "Concentrix",
    "domain": "concentrix.com"
  },
  "data": {
    "detail": "Concentrix is significantly boosting its technology spending to develop its new iX suite of AI and GenAI products. This creates budget and opportunity for vendors providing development tools, cloud infrastructure, and AI-related services.",
    "metrics": {
      "pct": 0.01,
      "timeframe": "multi_year",
      "pct_context": "of revenue for technology investment",
      "dollar_context": "Estimated annual technology investment based on 1% of $9.8B FY2025 revenue.",
      "dollar_millions": 98
    },
    "summary": "Increased technology investment to ~1% of revenue (~$98M) starting in FY2024 for new AI product suite.",
    "excerpts": "Beginning in fiscal year 2024, we increased our investment in technology to approximately 1% of revenue, including expenses related to the development of our iX suite of technology.",
    "relevance": 0.9,
    "sentiment": "positive",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1803599/000180359926000027/cnxc-20251130.htm",
    "filing_date": "2026-01-28",
    "filing_year": 2026,
    "sales_relevance": "Budget available",
    "signal_category": "financial",
    "technologies_mentioned": [
      "AI",
      "GenAI",
      "agentic AI",
      "machine learning",
      "automation"
    ]
  }
}

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