ExlService Holdings financials
$34.58−0.06%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.09B | $1.84B | $1.63B | $1.41B | $1.12B | $958.4M | $991.3M | $883.1M | $762.3M | $686.0M |
| Gross profit | $801.1M | $691.0M | $607.8M | $515.4M | $431.4M | $334.5M | $335.9M | $298.3M | $267.2M | $238.3M |
| Gross margin | 38.4% | 37.6% | 37.3% | 36.5% | 38.4% | 34.9% | 33.9% | 33.8% | 35.0% | 34.7% |
| Operating income | $313.8M | $263.6M | $238.8M | $192.2M | $155.9M | $110.0M | $76.5M | $49.8M | $72.7M | $64.5M |
| Net income | $251.0M | $198.3M | $184.6M | $143.0M | $114.8M | $89.5M | $67.7M | $56.7M | $48.9M | $61.7M |
| Net margin | 12.0% | 10.8% | 11.3% | 10.1% | 10.2% | 9.3% | 6.8% | 6.4% | 6.4% | 9.0% |
| Diluted EPS | $1.54 | $1.21 | $1.10 | $0.85 | $0.67 | $0.52 | $0.39 | $0.32 | $0.28 | $0.36 |
| EBITDA | $373.0M | $318.8M | $289.0M | $248.3M | $231.9M | $187.7M | $164.7M | $118.6M | $111.7M | $99.1M |
| Operating cash flow | $350.7M | $268.5M | $211.2M | $166.1M | $184.4M | $203.0M | $168.4M | $92.4M | $113.2M | $106.5M |
| Free cash flow | $298.1M | $222.3M | $158.4M | $121.3M | $147.1M | $160.7M | $127.9M | $51.6M | $78.0M | $80.6M |
| Diluted shares | 162.5M | 164.3M | 168.2M | 169.2M | 171.2M | 172.8M | 173.7M | 175.2M | 175.6M | 172.8M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $146.3M | $153.4M | $137.0M | $118.7M | $135.3M | $218.5M |
| Short-term investments | $182.0M | $187.2M | $153.9M | $179.0M | $179.4M | $184.3M |
| Total debt | $298.6M | $288.5M | $200.0M | $250.0M | $260.0M | $227.0M |
| Total assets | $1.70B | $1.62B | $1.44B | $1.35B | $1.28B | $1.25B |
| Total liabilities | $789.5M | $688.5M | $552.5M | $587.9M | $589.7M | $528.7M |
| Shareholders' equity | $912.7M | $929.9M | $889.4M | $758.2M | $693.2M | $719.2M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology