Welcome to our dedicated page for Exlservice Hldgs news (Ticker: EXLS), a resource for investors and traders seeking the latest updates and insights on Exlservice Hldgs stock.
ExlService Holdings, Inc. reports news as a global data and AI company providing analytics, digital operations and AI-led services for clients in insurance, healthcare and life sciences, banking and capital markets, retail, communications and media, energy and infrastructure, and other industries. Company updates commonly address quarterly results, revenue and earnings guidance, client demand for data and AI programs, and progress in embedding AI into enterprise workflows.
Recurring developments also include EXLerate.ai agentic AI platform enhancements, AI governance and decision-intelligence capabilities, cloud and technology collaborations with partners such as Google Cloud and NVIDIA, capital allocation actions including share repurchase programs, and board governance updates tied to the company’s public-company oversight structure.
EXL (NASDAQ: EXLS) announced it has completed the acquisition of iMerit, a provider of AI model training, evaluation and reinforcement learning services. The company said combining EXL’s enterprise data and AI expertise with iMerit’s capabilities and foundation model relationships is intended to create an end-to-end AI platform for enterprises.
According to EXL, the integrated platform will support clients in moving from pilot projects to production-scale AI, particularly in regulated industries where domain knowledge and compliance are critical. As part of the transaction, iMerit founder and CEO Radha Ramaswami Basu joins EXL as Executive Vice President, Head of iMerit, and becomes a member of EXL’s executive committee. EXL stated that the acquisition extends the data- and AI-led strategy it has been pursuing for several years.
EXL (NASDAQ: EXLS) reported second quarter 2026 revenue of $594.8 million, up 15.6% year over year and 4.3% sequentially on a reported basis. GAAP diluted EPS was $0.42 versus $0.40 a year ago, while adjusted diluted EPS (non-GAAP) rose to $0.59 from $0.49.
Operating income margin was 14.7%, down from 15.8% in Q2 2025, while adjusted operating margin was 19.7%. All four reportable segments grew revenue year over year, with total gross margin at 38.0%. EXL won 17 new clients and agreed to acquire iMerit, whose expected close on July 31, 2026 is included in updated guidance.
According to EXL, full-year 2026 revenue guidance increased to $2.390–$2.415 billion, implying 14%–16% reported growth and including $28–$32 million from iMerit. Adjusted diluted EPS guidance was raised to $2.25–$2.29, a 16%–18% increase over 2025.
EXL (NASDAQ: EXLS) appointed former KPMG UK Chair Bina Mehta as an independent director effective July 16, 2026. She joins the board’s audit committee and compensation and talent management committee. EXL highlighted her three decades of global experience in M&A, restructuring, governance and AI‑related transformation.
EXL also announced that Sarah K. Williamson, a director since June 2023 and CEO of FCLTGlobal, will become lead independent director by the end of 2026, succeeding Vikram Pandit, who will remain on the board as an independent director.
EXL (NASDAQ:EXLS) will release Q2 2026 financial results on Tuesday, July 28, 2026, after the market close. Detailed materials, including an earnings release, investor fact sheet and presentation, will be posted on its investor relations website.
The company will host a conference call and video webcast at 10:00 a.m. EDT on Wednesday, July 29, 2026, featuring Chairman and CEO Rohit Kapoor and EVP and CFO Maurizio Nicolelli. A replay of the webcast will be available for about one year.
EXL (NASDAQ: EXLS) signed a definitive agreement to acquire iMerit, a provider of AI model training, evaluation and reinforcement learning, in a deal valued at up to $310 million in upfront and future consideration.
The transaction, subject to customary and antitrust conditions, is expected to close in Q3 2026 and is intended to deepen EXL’s enterprise AI capabilities, expand its vertically integrated AI stack, and broaden exposure to high-growth sectors such as high tech, mobility, autonomous systems and physical AI.
EXL (NASDAQ: EXLS) released its 2026 U.S. Enterprise AI Study, highlighting a major gap between perceived and actual AI progress. While 76% of businesses believe they are ahead on AI, only 10% qualify as AI Leaders with company‑wide integration and measurable ROI.
AI Leaders report approximately 27% revenue growth, 26% cost reduction, and 22% margin improvement in areas where AI is implemented, driven by redesigned operating models and reimagined workflows. The study also finds data infrastructure is the top barrier to scaling AI, with 70% citing data challenges, including privacy, security, and siloed data.
EXL (NASDAQ: EXLS) has achieved Gold Tier Status in the Databricks Partner Program, expanding collaboration to help enterprises build trusted data foundations for AI. Using EXLdata.ai with Databricks’ security, governance and lineage, clients can operationalize visibility, compliance and control to scale AI responsibly.
EXL is also supporting adoption of Databricks Bring Your Own Lineage to extend end-to-end data lineage, governance and auditability across distributed environments, strengthening trust and resilience in regulated sectors like insurance, banking and healthcare. EXL will showcase these capabilities at the Databricks Data + AI Summit on June 15-18.
EXL (NASDAQ:EXLS) and Lifemed announced a collaboration to apply AI-powered automation to healthcare revenue cycle management. Their adaptive platform uses a provider's own historical medical, contractual, and financial data in real time to identify errors, automate compliance checks, optimize billing codes, and manage denials and appeals.
The partners report this solution can deliver 10–25% higher net revenue, cut accounts receivable days by 30%+, and reduce related staffing workload by over 80%, helping providers accelerate reimbursements and focus staff on complex, high-risk cases.
EXL (NASDAQ: EXLS) announced integration of NVIDIA’s Build Your Own Transaction Foundation Model workflow into its AI and analytics platform, EXLerate.ai™. The collaboration targets banks, payments firms and insurers, helping them use proprietary transaction data to build unified AI models for fraud detection, risk, personalization and intelligent decisioning.
Built on NVIDIA’s accelerated computing platform, the solution lets institutions train and fine-tune models on billions of transaction events, reduce reliance on legacy, rules-based systems and speed deployment of AI-powered transaction intelligence applications across the enterprise.
EXL (NASDAQ: EXLS) announced it has been named a Leader in the Everest Group Healthcare Payer Intelligent Operations PEAK Matrix Assessment 2026, which evaluated 33 providers’ back-office and AI-enabled payer operations.
Everest highlighted EXL’s analytics, predictive modeling, solution flexibility and its CareRadius™ platform, supported by double-digit growth in its health and life sciences business.