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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$5.29B-22.1%
Enterprise value$5.63B-19.1%
P/E21.2×-7.6×
P/S2.4×-1.1×

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:TreasuryStockValue.

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 itemNotesAs of / June 30, 2026As of / December 31, 2025
Common stock, $0.001 par value; 400,000,000 shares authorized, 210,101,885 shares issued and 151,745,072 shares outstanding as of June 30, 2026 and 208,855,566 shares issued and 156,430,028 shares outstanding as of December 31, 202519210209
Additional paid-in capital724,432677,562
Retained earnings1,664,5711,532,979
Accumulated other comprehensive loss15(223,682)(180,727)
Total including shares held in treasury2,165,5312,030,023
Less: 58,356,813 shares as of June 30, 2026 and 52,425,538 shares as of December 31, 2025, held in treasury, at cost19(1,299,289)(1,117,318)
Total stockholders’ equity866,242912,705
Total liabilities and stockholders’ equity$1,747,887$1,702,235

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is ExlService Holdings's treasury stock?
ExlService Holdings (EXLS) reported treasury stock of $1.3B in Q2 2026.
How has ExlService Holdings's treasury stock changed year-over-year?
ExlService Holdings's treasury stock increased by 53.7% year-over-year, from $845.38M to $1.3B.
What is the long-term trend for ExlService Holdings's treasury stock?
Over 5 years (2020 to 2025), ExlService Holdings's treasury stock has grown at a 33.0% compound annual growth rate (CAGR), from $268.24M to $1.12B.
What does treasury stock mean?
Shares repurchased by the company and held in treasury, reducing equity. Recorded at cost and presented as a negative equity component.

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