STOCK TITAN

EXL and Databricks expand collaboration to help enterprises build trusted data foundations for AI

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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.

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AI-generated analysis. Not financial advice.

Positive

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Key Figures

Q1 2026 revenue: $570.4M Q1 2026 income from operations: $91.8M Q1 2026 net income: $67.1M +5 more
8 metrics
Q1 2026 revenue $570.4M Quarter ended Mar 31, 2026; up 13.8% from $501.0M
Q1 2026 income from operations $91.8M Quarter ended Mar 31, 2026; up from $78.4M
Q1 2026 net income $67.1M Quarter ended Mar 31, 2026; slightly up from $66.6M
Q1 2026 diluted EPS $0.43 Quarter ended Mar 31, 2026; up from $0.40
Data & AI services revenue $341.6M Q1 2026; up from $267.9M year earlier
Q1 2026 comprehensive income $10.4M Down from $78.5M; hurt by $56.6M other comprehensive loss
Total borrowings $417.4M As of Mar 31, 2026; debt increased during quarter
Share repurchases $135.8M Q1 2026 buybacks for 4.38M shares including $125.0M ASR

Market Reality Check

Price: $28.58 Vol: Volume 1,224,631 is about...
low vol
$28.58 Last Close
Volume Volume 1,224,631 is about 50% of the 2,465,171 20-day average, suggesting muted trading interest into this headline. low
Technical Shares at $28.58 are trading below the $36.57 200-day MA and sit 41.12% under the 52-week high, only 6.56% above the 52-week low.

Peers on Argus

EXLS is down 1.48% while peers show mixed moves: G -1.36%, but KD +1.44%, GDS +2...

EXLS is down 1.48% while peers show mixed moves: G -1.36%, but KD +1.44%, GDS +2.33%, EPAM +1.11%, PSN +1.94%. This points to stock-specific softness rather than a broad sector move around the Databricks collaboration news.

Previous AI Reports

5 past events · Latest: Jun 04 (Positive)
Same Type Pattern 5 events
Date Event Sentiment Move Catalyst
Jun 04 AI platform integration Positive -0.2% Integrated NVIDIA transaction foundation model into EXLerate.ai for financial institutions.
Mar 16 AI platform upgrade Positive +3.2% Advanced EXLerate.ai with NVIDIA AI Enterprise to scale agentic AI capabilities.
Mar 11 New AI solutions Positive -0.6% Launched agentic AI solutions, including EXLerate.ai and EXLdata.ai enhancements.
Feb 24 AI event announcement Positive +0.8% Announced AI in Action Americas virtual event with major partners and demos.
Feb 09 AI patents update Positive -1.9% Reported 10 new AI-related patents and EXLdata.ai performance gains.
Pattern Detected

AI-related announcements have produced small, often mixed price reactions for EXLS, with 3 divergence days versus 2 aligned, and an average same-day move of only 0.27%.

Recent Company History

Recent EXLS news flow has centered on expanding its AI and data platforms. Since February 2026, it announced new agentic AI solutions, governance enhancements and multiple collaborations with NVIDIA, plus an AI-focused virtual event featuring Databricks. These AI-tagged releases generated modest, mixed price moves, suggesting investors already price in an AI strategy. Today’s Databricks-focused data governance collaboration fits this pattern of building EXLdata.ai and EXLerate.ai into broader enterprise AI ecosystems.

Historical Comparison

+0.3% avg move · Past AI-tagged EXLS news (5 events) moved the stock by an average of 0.27%. Today’s -1.48% decline i...
AI
+0.3%
Average Historical Move AI

Past AI-tagged EXLS news (5 events) moved the stock by an average of 0.27%. Today’s -1.48% decline is larger than typical, indicating relatively weaker reception.

AI-tagged releases show EXLS moving from patenting and launching agentic AI platforms to deepening major partnerships with NVIDIA and Databricks, emphasizing governance, scalability and enterprise adoption.

Market Pulse Summary

This announcement highlights EXLS’s continued build-out of EXLdata.ai alongside Databricks’ security...
Analysis

This announcement highlights EXLS’s continued build-out of EXLdata.ai alongside Databricks’ security, governance and data lineage capabilities. It reinforces an ongoing strategy of enabling trusted, governed AI at scale for regulated industries. In context of growing data & AI revenues of $341.6M and recent NVIDIA collaborations, investors may watch for concrete adoption metrics, margin trends, and how these partnerships translate into sustained earnings growth.

Key Terms

data lineage, auditability
2 terms
data lineage technical
"adopt Databricks Bring Your Own Lineage capabilities, enabling organizations to connect and govern data"
Data lineage is a map that shows where a piece of data came from, how it moved and changed, and where it is used — like a package tracking history for information. For investors, clear lineage helps verify that financial metrics, risk models, or product analytics are built on reliable inputs, supports regulatory audits, and reduces the chance that decisions are based on corrupted or misunderstood data.
auditability technical
"extending end-to-end data lineage, governance and auditability across distributed environments"
Auditability is how easily a company’s records, systems and transactions can be checked and verified by independent reviewers. Like a recipe with clear steps and labeled ingredients that anyone can follow to reproduce the dish, strong auditability helps investors trust that reported results are accurate, reduces the risk of hidden problems or fraud, and makes regulatory and financial reviews faster and more reliable.

AI-generated analysis. Not financial advice.

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NEW YORK, June 12, 2026 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a global data and AI company, announced it has achieved Gold Tier Status in the Databricks Partner Program, expanding its collaboration with Databricks to help organizations strengthen their data foundations for enterprise AI through EXLdata.ai™ and Databricks’ security, governance and lineage capabilities.

As organizations scale AI across increasingly complex environments, trusted data, transparent governance and enterprise-grade security for data and AI systems has become foundational to achieving business value. With EXLdata.ai, clients are operationalizing these critical capabilities in production environments, maintaining the visibility, compliance and control required to scale AI responsibly.

“Enterprise AI depends on reliable data, deep business context and trusted execution,” said Anand “Andy” Logani, executive vice president and chief AI officer at EXL. “EXL is bringing that critical combination of capabilities to enterprises today. And with EXLdata.ai, our continued collaboration with Databricks supercharges clients’ ability to build the modern data foundations, governance and transparency that is needed to scale AI responsibly and drive outcomes.”

“EXL’s industry expertise and commitment to trusted, governed AI make it a valuable collaborator as enterprises look to turn their data into business impact on the Databricks Platform,” said Jason McIntyre, vice president of partner management at Databricks. “Together, we are helping organizations build on a secure, scalable data foundation and accelerate AI adoption with greater confidence.”

In addition, EXL is helping enterprises adopt Databricks Bring Your Own Lineage capabilities, enabling organizations to connect and govern data across platforms while preserving existing technology investments. By extending end-to-end data lineage, governance and auditability across distributed environments, EXL helps clients strengthen trust, compliance and operational resilience, particularly in highly regulated industries such as insurance, banking and healthcare.

EXL will showcase these capabilities at the Databricks Data + AI Summit on June 15-18. To schedule a meeting, click here.

About EXL

EXL (NASDAQ: EXLS) is a global data and AI company that offers services and solutions to reinvent client business models, drive better outcomes and unlock growth with speed. EXL harnesses the power of data, AI, and deep industry knowledge to transform businesses, including the world's leading corporations in industries including insurance, healthcare, banking and capital markets, retail, communications and media, and energy and infrastructure, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. We are headquartered in New York and have approximately 67,000 employees spanning six continents. For more information, visit www.exlservice.com.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. You should not place undue reliance on those statements because they are subject to numerous uncertainties and factors relating to EXL's operations and business environment, all of which are difficult to predict and many of which are beyond EXL’s control. Forward-looking statements include information concerning EXL’s possible or assumed future results of operations, including descriptions of its business strategy. These statements may include words such as “may,” “will,” “should,” “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate” or similar expressions. These statements are based on assumptions that we have made in light of management's experience in the industry as well as its perceptions of historical trends, current conditions, expected future developments and other factors it believes are appropriate under the circumstances. You should understand that these statements are not guarantees of performance or results. They involve known and unknown risks, uncertainties and assumptions. Although EXL believes that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect EXL’s actual financial results or results of operations and could cause actual results to differ materially from those in the forward-looking statements. These factors, which include our ability to maintain and grow client demand, our ability to hire and retain sufficiently trained employees, and our ability to accurately estimate and/or manage costs, rising interest rates, rising inflation and recessionary economic trends, are discussed in more detail in EXL’s filings with the Securities and Exchange Commission, including EXL’s Annual Report on Form 10-K. You should keep in mind that any forward-looking statement made herein, or elsewhere, speaks only as of the date on which it is made. New risks and uncertainties come up from time to time, and it is impossible to predict these events or how they may affect EXL. EXL has no obligation to update any forward-looking statements after the date hereof, except as required by federal securities laws.

Media Contact
Keith Little
media.relations@exlservice.com


FAQ

What did EXL (NASDAQ: EXLS) announce about its collaboration with Databricks on June 12, 2026?

EXL announced it achieved Gold Tier Status in the Databricks Partner Program and expanded collaboration around EXLdata.ai. According to EXL, the partnership helps enterprises build secure, governed data foundations to operationalize AI with visibility, compliance and control across complex environments.

What does Gold Tier Status in the Databricks Partner Program mean for EXL (EXLS) clients?

Gold Tier Status positions EXL as a higher-level Databricks partner supporting data and AI initiatives. According to EXL, clients can combine EXLdata.ai with Databricks’ security, governance and lineage to strengthen trusted data foundations and scale enterprise AI with clearer oversight and compliance.

How does EXLdata.ai support trusted enterprise AI for EXL (NASDAQ: EXLS) customers?

EXLdata.ai helps enterprises operationalize trusted data, governance and security for AI in production environments. According to EXL, it enables visibility, compliance and control, supporting responsible AI scaling and outcome-focused use cases that rely on reliable data and deep business context.

What are Databricks Bring Your Own Lineage capabilities and how is EXL (EXLS) involved?

Databricks Bring Your Own Lineage lets organizations connect and govern data lineage across platforms while keeping existing technology investments. According to EXL, it helps extend end-to-end lineage, governance and auditability across distributed environments, improving trust and operational resilience for regulated industries.

Which industries does EXL target with its Databricks collaboration and EXLdata.ai platform?

EXL focuses on highly regulated sectors such as insurance, banking and healthcare with this collaboration. According to EXL, combining EXLdata.ai and Databricks’ governance and lineage strengthens trust, compliance and operational resilience for enterprises operating complex, distributed data and AI environments.