Every 10-Q that ExlService Holdings, Inc. (EXLS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow EXLS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full EXLS filings page.
ExlService Holdings, Inc. reported higher revenue but roughly flat profitability for the quarter and six months ended June 30, 2026. Revenues, net for the quarter rose to 594,763 from 514,460 a year earlier, while net income was 64,511 versus 66,051; diluted EPS increased to $0.42 from $0.40 as the share count declined.
Growth was driven by data and AI-led services, with quarterly revenue of 362,558 compared with 278,770, while digital operations revenue was 232,205 versus 235,690. All geographic regions and industry verticals contributed to the revenue increase. For the first half of 2026, revenues, net were 1,165,114 and net income was 131,592.
Cash, cash equivalents and restricted cash were 146,772 as of June 30, 2026. Net cash provided by operating activities for the first half was 89,611, with significant cash outflows for share repurchases: 5,801,580 shares bought for 179,254 under repurchase programs plus 129,695 shares from employee tax withholding. Total borrowings increased to 381,155, primarily a 290,000 revolving credit facility and a 91,155 term loan, now largely classified as current as the company works to refinance its 2024 Credit Agreement.
Stockholders’ equity declined to 866,242 from 912,705 at year-end, reflecting repurchases and a larger accumulated other comprehensive loss driven by cash flow hedge and currency translation impacts. ExlService also agreed to acquire iMerit Inc. for upfront cash consideration of 170,000 plus up to 140,000 in potential earnouts, expected to close July 31, 2026.
ExlService Holdings reported solid growth for the three months ended March 31, 2026, with revenues of $570.4 million, up 13.8% from $501.0 million a year earlier. Income from operations increased to $91.8 million from $78.4 million, and net income edged up to $67.1 million versus $66.6 million. Diluted earnings per share rose to $0.43 from $0.40 as share count declined.
Growth was driven by data and AI-led services, where revenue increased to $341.6 million from $267.9 million, while digital operations revenue was roughly flat at $228.7 million versus $233.1 million. North America generated $473.1 million of revenue and the U.K. & Europe $82.5 million.
Comprehensive income fell sharply to $10.4 million from $78.5 million, mainly due to a $56.6 million other comprehensive loss from cash flow hedges and currency translation. Operating cash flow was modest at $1.7 million. The company increased borrowings to $417.4 million and repurchased 4.38 million shares for $135.8 million, including a $125.0 million accelerated share repurchase, reducing period‑end shares outstanding to about 153.0 million.
ExlService Holdings (EXLS) reported Q3 2025 results with revenues of $529,585 and net income of $58,161. Diluted EPS was $0.36 as gross profit reached $203,936 while operating income rose to $76,174. Year-to-date, revenues were $1,545,064 with net income of $190,773.
Growth was broad-based: Insurance $180,547, Healthcare and Life Sciences $135,271, Banking, Capital Markets and Diversified Industries $120,996, and International Growth Markets $92,771. By service, data and AI-led revenue was $298,470 and digital operations was $231,115. The company generated $233,336 in cash from operating activities for the nine months. Cash and cash equivalents were $160,309; borrowings totaled $354,820, including a $260,000 revolving credit facility and $94,820 term loan. EXLS executed a 2025 accelerated share repurchase on July 29, recording $100,000 to treasury stock and a $25,000 prepayment in additional paid-in capital. Shares outstanding were 158,882,631 as of September 30, 2025; 158,700,885 as of October 24, 2025.