The financials
ExlService Holdings, Inc. by the numbers
ExlService Holdings, Inc. (EXLS) reported revenue of $570M in Q1 2026 (quarter ended March 31, 2026), up 14% from the same quarter a year earlier. That came with a gross margin of 39% and net income of $67M (12% of revenue). For the full year FY2025, revenue was $2.09B (+14% year on year) and net income $251M. Its largest segment in 2026-Q1 was Insurance at $194M, 34% of the disclosed total, just ahead of Healthcare And Life Sciences at 27%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $570M | $501M | +14% |
| Gross profit | $222M | $193M | +15% |
| Operating income | $92M | $78M | +17% |
| Net income | $67M | $67M | +0.8% |
| Diluted EPS | $0.43 | $0.40 | +7.5% |
| Operating | Revenue | Share |
|---|---|---|
| Insurance | $194M | 34% |
| Healthcare And Life Sciences | $152M | 27% |
| Banking Capital Markets And Diversified Industries | $127M | 22% |
| International Growth Markets | $97M | 17% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q1 2026Total $570.4M (+7.7%)
Healthcare And Life Sciences grew +21% year on yearBanking Capital Markets And Diversified Industries +8.2% year on year
Segment Latestquarter on quarteryear on year
- Insurance$193.9M$193.9MQoQ +7.4%year on year +13%+7.4%+13%
- Healthcare And Life Sciences$151.9M$151.9MQoQ +12%year on year +21%+12%+21%
- Banking Capital Markets And Diversified Industries$127.4M$127.4MQoQ +5.3%year on year +8.2%+5.3%+8.2%
- International Growth Markets$97.1M$97.1MQoQ +4.7%year on year +13%+4.7%+13%
Information Technology Services
Ranks #16 of 37 by Smart Score