EXLS
ExlService Holdings Inc
NASDAQ: EXLS · TECHNOLOGY · INFORMATION TECHNOLOGY SERVICES
$31.19
+1.80% today
Updated 2026-04-29
Market cap
$4.77B
P/E ratio
20.25
P/S ratio
2.28x
EPS (TTM)
$1.54
Dividend yield
—
52W range
$27 – $49
Volume
2.3M
ExlService Holdings Inc (EXLS) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $121.77M | $179.89M | $181.71M | $191.00M | $252.75M | $360.54M | $442.93M | $478.45M | $499.28M | $628.49M | $685.99M | $762.31M | $883.11M | $991.35M | $958.43M | $1.12B | $1.41B | $1.63B | $1.84B | $2.09B |
| Revenue growth (YoY) | — | +47.7% | +1.0% | +5.1% | +32.3% | +42.6% | +22.9% | +8.0% | +4.4% | +25.9% | +9.1% | +11.1% | +15.8% | +12.3% | -3.3% | +17.1% | +25.8% | +15.5% | +12.7% | +13.6% |
| Cost of revenue | $73.84M | $113.72M | $112.44M | $109.39M | $151.28M | $219.99M | $271.88M | $290.94M | $332.54M | $402.92M | $447.96M | $495.59M | $584.86M | $655.49M | $623.94M | $690.93M | $896.60M | $1.02B | $1.15B | $1.29B |
| Gross profit | $47.93M | $66.17M | $69.28M | $81.61M | $101.47M | $140.55M | $171.05M | $187.51M | $166.74M | $225.57M | $238.03M | $266.72M | $298.26M | $335.86M | $334.50M | $431.36M | $515.45M | $607.77M | $691.01M | $801.08M |
| Gross margin | 39.4% | 36.8% | 38.1% | 42.7% | 40.1% | 39.0% | 38.6% | 39.2% | 33.4% | 35.9% | 34.7% | 35.0% | 33.8% | 33.9% | 34.9% | 38.4% | 36.5% | 37.3% | 37.6% | 38.4% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $336000.00 | $640000.00 | $1.42M | $2.75M | $4.89M | $4.25M | $5.96M | $9.28M | — | — |
| SG&A | $23.92M | $38.45M | $31.11M | $31.85M | $40.28M | $50.66M | $57.19M | $58.80M | $65.38M | $77.29M | $88.62M | $102.52M | $116.20M | $126.91M | $113.89M | $142.04M | $169.02M | $198.29M | $225.67M | $255.31M |
| Operating income | $15.07M | $17.23M | $15.66M | $24.40M | $26.52M | $41.32M | $57.23M | $67.42M | $34.04M | $67.34M | $64.50M | $72.72M | $49.82M | $76.45M | $110.02M | $155.88M | $192.16M | $238.75M | $263.62M | $313.75M |
| Operating margin | 12.4% | 9.6% | 8.6% | 12.8% | 10.5% | 11.5% | 12.9% | 14.1% | 6.8% | 10.7% | 9.4% | 9.5% | 5.6% | 7.7% | 11.5% | 13.9% | 13.6% | 14.6% | 14.3% | 15.0% |
| EBITDA | $26.10M | $32.03M | $26.82M | $35.81M | $42.36M | $64.31M | $82.86M | $90.46M | $66.03M | $108.58M | $119.81M | $125.91M | $116.32M | $176.24M | $204.18M | $229.58M | $276.24M | $321.59M | $357.59M | $391.75M |
| EBITDA margin | 21.4% | 17.8% | 14.8% | 18.7% | 16.8% | 17.8% | 18.7% | 18.9% | 13.2% | 17.3% | 17.5% | 16.5% | 13.2% | 17.8% | 21.3% | 20.5% | 19.6% | 19.7% | 19.5% | 18.8% |
| EBIT | $15.07M | $17.23M | $15.66M | $24.40M | $26.52M | $41.32M | $57.23M | $65.54M | $38.01M | $77.11M | $85.23M | $86.92M | $67.60M | $96.71M | $126.52M | $154.12M | $198.35M | $251.12M | $280.60M | $332.66M |
| Interest expense | $579704.00 | $55570.00 | $70708.00 | $0.00 | $0.00 | $0.00 | $0.00 | $564000.00 | $263000.00 | $1.34M | $1.34M | $1.89M | $7.23M | $13.61M | $11.19M | $7.56M | $8.25M | $13.18M | $19.26M | $17.61M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $14.06M | $27.04M | $14.41M | $15.65M | $26.59M | $34.78M | $41.84M | $48.10M | $32.45M | $51.56M | $61.73M | $48.89M | $56.73M | $67.66M | $89.48M | $114.76M | $142.97M | $184.56M | $198.30M | $251.02M |
| Net income growth (YoY) | — | +92.4% | -46.7% | +8.6% | +69.9% | +30.8% | +20.3% | +15.0% | -32.5% | +58.9% | +19.7% | -20.8% | +16.0% | +19.3% | +32.2% | +28.3% | +24.6% | +29.1% | +7.4% | +26.6% |
| Profit margin | 11.5% | 15.0% | 7.9% | 8.2% | 10.5% | 9.6% | 9.4% | 10.1% | 6.5% | 8.2% | 9.0% | 6.4% | 6.4% | 6.8% | 9.3% | 10.2% | 10.1% | 11.3% | 10.8% | 12.0% |