Exlservice Holdings Inc banner

Exlservice Holdings Inc
NASDAQ:EXLS

Watchlist Manager
Exlservice Holdings Inc Logo
Exlservice Holdings Inc
NASDAQ:EXLS
Watchlist
Price: 34.685 USD -3.63%
Market Cap: $5.3B

Exlservice Holdings Inc
Investor Relations

ExlService Holdings is a business services company that helps large organizations run parts of their operations more efficiently. It handles work like customer service, claims processing, finance and accounting support, and data and analytics services. Its main customers are companies in insurance, healthcare, banking, financial services, and other industries that want to outsource repetitive or data-heavy work. The company makes money by charging contract fees for those services, usually under long-term agreements. It often acts as an outside operations partner, taking over specific business processes and using software, data tools, and trained staff to do the work. In many cases, the value comes from helping clients lower costs, improve speed, and make better decisions from their data. What makes EXL different is that it sits between traditional outsourcing and modern data analytics. It does not just move paperwork or call-center work offshore; it also builds analytics and automation into those services. That mix lets it support both everyday operations and higher-value work like forecasting, risk analysis, and process improvement.

Show more
Loading...
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Jul 29, 2026
AI Summary
Q2 2026

Strong quarter: EXL reported second-quarter revenue of $595 million, up 16% year over year, and adjusted EPS of $0.59, up 22%.

AI-led growth: Data and AI-led revenue grew 30% year over year and now represents 61% of revenue, with management saying growth is broad-based and accelerating.

Operations mix shift: Reported digital operations revenue was down about 1.5% because some AI-enabled work is being reclassified into the higher-value data and AI-led category; total operations revenue was up 10%.

Guidance raised: Full-year 2026 revenue guidance was lifted to $2.39 billion to $2.415 billion and EPS guidance to $2.25 to $2.29, helped by the iMerit acquisition and stronger momentum.

iMerit deal: EXL said the planned iMerit acquisition, expected to close on July 31, is a transformational move that expands its AI capabilities into model training, evaluation and reinforcement learning.

Investment stance: Management plans to increase spending in front-end sales and data and AI capabilities, and said second-half operating margin will be lower than the first half as EXL invests for growth.

Key Financials
Revenue
$594.8 million
Adjusted EPS
$0.59
Data and AI-led revenue growth
30% year over year
Data and AI-led revenue mix
61% of revenue
Digital operations revenue growth
-1.5% year over year
Total operations revenue growth
10% year over year
Insurance revenue
$197.8 million
Healthcare and Life Sciences revenue
$158 million
Banking, Capital Markets and Diversified Industries revenue
$133.9 million
International Growth Markets revenue
$105.1 million
Adjusted operating margin
19.7%
SG&A as a percentage of revenue
20.9%
Effective tax rate
21.3%
First-half revenue
$1.17 billion
First-half adjusted EPS
$1.17
Cash and investments
$284 million
Revolver debt
$381 million
Net debt
$97 million
Cash flow from operations
$90 million
Capital expenditures
$27 million
Share repurchases
5.8 million shares
Share repurchase spend
$179 million
iMerit revenue contribution
$28 million to $32 million
Foreign exchange gain
approximately $3 million
Net interest expense
approximately $16 million to $18 million
Other Earnings Calls

Management

Mr. Rohit Kapoor
Co-Founder, Chairman & CEO
No Bio Available
Mr. Vikas Bhalla
President & Head of Insurance
No Bio Available
Mr. Vivek Jetley
President & Head of Analytics
No Bio Available
Mr. Maurizio Nicolelli CPA
Executive VP & CFO
No Bio Available
Ms. Anita M. Mahon
Executive VP & Head of Business Healthcare
No Bio Available
Ms. Bhavna Newle Chopra
Senior Vice President in Operations Management
No Bio Available
Mr. Baljinder Singh
Executive VP, Global Chief Information Officer & Head of Enterprise Digital Transformation
No Bio Available
Mr. John D. Kristoff
Vice President of Investor Relations
No Bio Available
Mr. Ajay Ayyappan J.D.
Executive VP, General Counsel & Corporate Secretary
No Bio Available
Mr. Joel Katz
Senior VP and Chief Compliance & Ethics Officer
No Bio Available

Contacts

Address
NEW YORK
New York City
320 Park Ave Fl 29
Contacts
+12122777100.0
www.exlservice.com
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett