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Other financials

Income statement

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Revenue$594.8M+15.6%
Gross profit$226.0M+16.4%
Operating income$87.3M+7.6%
Net income$64.5M-2.3%
EPS (diluted)$0.42+5.0%

Balance sheet

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Cash & equivalents$146.8M-13.9%
Total debt$490.2M+42.9%
Total equity$866.2M-18.4%
Total assets$1.7B+2.3%

Cash flow

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Operating cash flow$87.9M-19.6%
CapEx$14.5M+0.6%
Free cash flow$73.4M-22.7%

Valuation

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Market cap$5.25B-23.9%
Enterprise value$5.6B-20.9%
P/E21×-8.2×
P/S2.4×-1.2×

Profitability

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Gross margin38.5%+0.5pp
Operating margin14.9%-0.3pp
Net margin11.2%-0.8pp
FCF margin12.3%-1.8pp

Returns & leverage

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Return on equity25.9%+1.2pp
Debt / equity0.6×+0.2×
Current ratio1.2×-1.9×

Where this comes from

Reported directly by ExlService Holdings in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: ExlService Holdings’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 4:10 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001297989-26-000023
Line itemNotesThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Income tax expense2219,42618,54643,74432,042
Income before earnings from equity affiliates64,54066,192131,623132,862
Loss from equity-method investment(29)(141)(31)(250)
Net income$64,511$66,051$131,592$132,612
Earnings per share:5
Basic$0.42$0.41$0.85$0.82
Diluted$0.42$0.40$0.85$0.81
Weighted average number of shares used in computing earnings per share:5

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is ExlService Holdings's net income?
ExlService Holdings (EXLS) reported net income of $64.51M in Q2 2026.
How has ExlService Holdings's net income changed year-over-year?
ExlService Holdings's net income decreased by 2.3% year-over-year, from $66.05M to $64.51M.
What is the long-term trend for ExlService Holdings's net income?
Over 4 years (2021 to 2025), ExlService Holdings's net income has grown at a 21.6% compound annual growth rate (CAGR), from $114.76M to $251.02M.
What does net income mean?
Net income as the starting point for the indirect method operating cash flow reconciliation.

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