Welcome to our dedicated page for ExlService Holdings news (Ticker: EXLS), a resource for investors and traders seeking the latest updates and insights on ExlService Holdings 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 (EXLS) has launched a new brand platform, “Go Beyond.”, coinciding with the 20th anniversary of its public listing.
The brand reflects EXL’s positioning at the intersection of data, AI, industry context and enterprise execution, and is tied to a 27-year track record of transformation for clients. Leadership marked the milestone by ringing the opening bell at Nasdaq. The company highlights that more than 60% of its revenues are now data- and AI-led and that it continues to deliver market-leading growth. EXL also references its August 2026 acquisition of iMerit, which expanded its advanced AI model training and frontier AI development capabilities.
ExlService Holdings (EXLS) announced that Vivek Jetley, president and head of Insurance, Healthcare and Life Sciences, will depart effective October 26, 2026 to become CEO of Hexaware Technologies. He will remain in his current role in the coming months to support a smooth transition of responsibilities. EXL’s CEO Rohit Kapoor highlighted Jetley’s nearly 20-year contribution to building analytics capabilities and leading insurance and healthcare businesses, and emphasized the company’s strong leadership bench and continued focus on its data and AI strategy.
EXL (NASDAQ: EXLS) has been named a Leader in both the Healthcare AI Strategy and Advisory Services and Healthcare AI Development and Delivery Services quadrants of the ISG Provider Lens AI Services in Healthcare Global 2026 report. ISG highlights EXL’s ability to embed AI into healthcare workflows, integrating across claims, care coordination and core payer functions, with a focus on measurable ROI and governance-driven, transaction-capable agentic architectures.
EXL (NASDAQ: EXLS) closed a new five-year senior secured credit facility led by PNC Bank as Administrative Agent, with a syndicate of lenders, providing borrowing capacity of up to $1 billion, up from $600 million.
The agreement, expiring August 18, 2031, consists of a $400 million term loan and a revolving credit facility permitting borrowings up to $600 million. It includes an accordion feature allowing expansion by the greater of $470 million or 100% of trailing four-quarter EBITDA. EXL said the facility offers greater covenant flexibility to support its strategy, including targeted M&A and capital returns under its $500 million share repurchase authorization.
EXL (NASDAQ: EXLS) announced that it has earned 2026 Great Place To Work Certification™ in the U.S. and Colombia, based entirely on employee feedback. According to the company, 81% of employees said EXL is a great place to work, versus 57% at a typical company.
Employees cited strong workplace practices, with 89% saying they can take time off when needed and feel welcomed on joining, 88% highlighting honest and ethical management, 86% feeling they can be themselves at work, and 85% affirming management competence. EXL positions this recognition as validation of its people-first, AI-native culture and ongoing investment in employee growth, well-being and inclusion.
EXL (NASDAQ: EXLS) announced that it has been recognized as a Leader across multiple quadrants in the ISG Provider Lens® Insurance Services 2026 reports, covering both Property & Casualty and Life & Retirement services. This is EXL’s fourth consecutive year earning Leader status, with ISG highlighting its combination of insurance domain expertise, data, analytics and AI capabilities, including EXL Insurance LLM™, EXLdata.ai™, LifePRO™ and LifePRO Agentic Suite™.
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.