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ExlService Holdings, Inc.

NASDAQ•EXLS
CEO: Mr. Rohit Kapoor
Sector: Technology
Industry: Information Technology Services
Listing Date: 2006-10-20
ExlService Holdings, Inc. operates as a data analytics, and digital operations and solutions company in the United States and internationally. The company operates through Insurance, Healthcare, Analytics, and Emerging Business segments. It also provides digital operations and solutions and analytics-driven services, such as claims processing, premium and benefit administration, agency management, account reconciliation, policy research, underwriting support, new business acquisition, policy servicing, premium audit, surveys, billing and collection, commercial and residential survey, and customer service using digital technology, artificial intelligence, machine learning, and advanced automation; digital customer acquisition services using a software-as-a-service delivery model through LifePRO and LISS platforms; subrogation services; and Subrosource software platform, an end-to-end subrogation platform. In addition, the company offers health care services related to care management, utilization management, disease management, payment integrity, revenue optimization, and customer engagement. Further, it provides financial planning and analysis, management reporting, forecasting and decision support, data management, regulatory reporting and risk, and compliance services; reservations, customer, and fulfilment services; freight billing, collections, claims management, freight audit, freight scheduling, supply chain management, and revenue assurance services; residential mortgage lending, title verification and validation, retail banking and credit cards, trust verification, commercial banking, and investment management; merchandising, pricing, and demand forecasting; and digital operations and solutions. The company offers predictive and prescriptive analytics in the areas of customer acquisition and lifecycle management. ExlService Holdings, Inc. was founded in 1999 and is headquartered in New York, New York.
Contact Information
320 Park Avenue, 29th Floor, New York, NY, 10022, United States
212-277-7100
www.exlservice.com
Market Cap
$4.74B
P/E (TTM)
19.0
18.1
Dividend Yield
--
52W High
$48.79
52W Low
$26.94
52W Range
13%
Rank12Top 1.7%
6.9
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Strong • 6.9 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$542.62M+0.00%
4-Quarter Trend

EPS

$0.38+0.00%
4-Quarter Trend

FCF

$106.51M+0.00%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Net Revenue Growth Net revenues reached $2,087.7M USD, marking a strong 13.6% increase compared to fiscal 2024 results.
Net Income Surge Net income grew 26.6% to $251.0M USD, primarily driven by improved gross margins across segments.
Healthcare Segment Expansion Healthcare and Life Sciences revenue expanded significantly by 23.7%, fueled by 22.4% growth from existing clients.
Strong Operating Cash Flow Net cash provided by operating activities totaled $350.7M USD, reflecting higher cash earnings and lower working capital needs.

Risk Factors

AI Technology Adoption Risk Evolving AI technology presents competitive, reputational, and legal risks; successful marketing and timely implementation are uncertain.
Client Revenue Concentration Top ten clients accounted for 34.0% of 2025 revenues, posing a material adverse effect risk if significant client demand shifts.
Global Wage Inflation Pressure Increasing global wages, especially for skilled AI talent, may reduce competitive advantage and negatively impact profit margins.
Cybersecurity Vulnerability Exposure Network infrastructure remains vulnerable to evolving cyberattacks, employee error, and potential failures from third-party suppliers.

Outlook

New Segment Structure Implemented Industry Market Units (IMUs) in Q1 2025 to accelerate data and AI strategy execution and align management review.
Future Share Repurchases Board authorized a new $500M stock repurchase program effective February 2026, replacing the prior program.
Talent and Capability Building Strategy focuses on strengthening expertise in AI solutions, LLMs, and digital tools through targeted learning academies and cross-skilling.
Capital Expenditure Forecast Expect total capital expenditures between $50M to $55M USD in fiscal 2026 for growth requirements and digital technology investments.

Peer Comparison

Revenue (TTM)

KD stock ticker logoKD
$15.12B
+0.1%
SANM stock ticker logoSANM
$9.31B
+20.8%
EPAM stock ticker logoEPAM
$5.46B
+15.4%

Gross Margin (Latest Quarter)

AUR stock ticker logoAUR
38000.0%
+0.0pp
DLB stock ticker logoDLB
87.5%
-1.0pp
OLED stock ticker logoOLED
73.4%
-6.6pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
ONTO$9.67B68.46.9%0.0%
GDS$8.32B11.722.4%59.7%
AUR$8.24B-9.7-39.8%3.6%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
2.7%
Moderate Growth
4Q Net Income CAGR
-3.3%
Stable Profitability
Cash Flow Stability
100%
Strong Cash Flow

Deep Research

Next earnings:Apr 27, 2026
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EPS:-
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Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
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Income Statement
LTM
No Data