Welcome to our dedicated page for Exlservice Hldgs SEC filings (Ticker: EXLS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The ExlService Holdings, Inc. (EXL) SEC filings page provides access to the company’s official regulatory disclosures as a NASDAQ-listed global data and AI company. Through these documents, investors can review how EXL reports on its data- and AI-led strategy, segment performance and capital allocation decisions across its Insurance, Healthcare and Life Sciences, Banking, Capital Markets and Diversified Industries, and International Growth Markets segments.
Key filings for EXL include annual reports on Form 10-K and quarterly reports on Form 10-Q, which describe the company’s business, risk factors, segment results and financial statements. Current reports on Form 8-K offer timely updates on material events, such as quarterly earnings announcements, share repurchase agreements and other significant corporate actions. For example, EXL has used Form 8-K to report quarterly results and to disclose stock repurchase transactions under its share repurchase program and separate stock purchase agreements.
In addition to these core filings, investors may consult proxy statements for information on governance and executive matters, and Form 4 filings for details on insider transactions involving EXL common stock. Together, these documents provide a structured view of how EXL manages its role as a global data and AI company serving leading corporations in insurance, healthcare, banking and capital markets, retail, communications and media, and energy and infrastructure.
On Stock Titan, EXL filings are updated as they are released through the SEC’s EDGAR system. AI-powered summaries help explain complex sections of lengthy filings, highlight notable changes from prior periods, and make it easier to identify information related to EXL’s data and AI initiatives, segment disclosures, capital structure and share repurchase activity.
ExlService Holdings Executive Vice President & CFO Maurizio Nicolelli reported equity transactions tied to previously granted restricted stock units. On February 27, 2026, 5,587 restricted stock units converted into an equal number of common shares at no cost, increasing his direct common stock holdings.
On the same date, 2,199 common shares were disposed of at $30.99 per share to satisfy tax withholding obligations, a non–open-market transaction. After these movements, Nicolelli directly held 254,369 shares of ExlService Holdings common stock.
ExlService Holdings, Inc. Chairman & CEO Rohit Kapoor reported an exercise and conversion of 33,525 restricted stock units into 33,525 shares of common stock at a price of $0.0000 per share on February 28, 2026.
After this transaction, Kapoor directly holds 67,050 restricted stock units and 1,322,214 shares of common stock. The filing also reports indirect ownership of common shares through several family trusts, including 420,000 shares held by the 2016 Kapoor Family Trust Created Under the Rohit Kapoor 2013 GRAT and 201,095 shares held by the Rohit Kapoor 2016 Family Trust.
A footnote explains that on February 28, 2024, Kapoor was granted 134,100 restricted stock units, vesting in four equal annual installments: 25% vested on February 28, 2025, another 25% vested on February 28, 2026, with the remaining installments scheduled for February 28, 2027 and February 28, 2028.
ExlService Holdings Executive Vice President Vishal Chhibbar reported vesting and settlement of equity awards tied to company stock. On February 27, 2026, 5,587 restricted stock units were converted into an equal number of ExlService common shares at no cash exercise price under the company’s incentive plan.
To cover associated tax obligations, 3,088 common shares were disposed of at $30.99 per share through a tax-withholding transaction, rather than an open-market sale. After these movements, Chhibbar directly held 11,452 shares of common stock, and the RSU grant continues to vest in equal annual installments through 2028.
ExlService Holdings Executive Vice President Narasimha Kini reported equity award activity and related tax withholding. On February 27, 2026, 5,587 restricted stock units were converted into an equal number of common shares at no cost, reflecting vesting under a prior grant.
To cover tax obligations, 2,853 common shares were withheld and disposed of at a price of $30.99 per share, leaving 211,748 common shares held directly. The underlying grant was 22,348 restricted stock units awarded on February 27, 2024, vesting in four equal annual installments through 2028.
Filer reported proposed and recent insider share transactions. The filing lists a proposed sale tied to restricted stock vesting of 1,679 common shares on 02/27/2026, and reports three reported dispositions in the past three months: 8,114 shares on 01/27/2026, 2,275 shares on 02/18/2026, and 1,197 shares on 02/23/2026.
ExlService Holdings executive Ajay Ayyappan, EVP and General Counsel/Corporate Secretary, sold 1,197 shares of common stock in an open-market transaction at $29.79 per share. The filing states this sale was made under a pre-arranged Rule 10b5-1 trading plan entered on August 11, 2025, and Ayyappan now directly holds 53,901 shares of ExlService common stock.
ExlService Holdings, Inc. files its annual report describing a global data and AI-focused business that helps clients in insurance, healthcare and life sciences, banking, capital markets, diversified industries and international growth markets transform operations and decision-making.
In 2025 the company reorganized into four Industry Market Units—Insurance, Healthcare and Life Sciences, Banking, Capital Markets and Diversified Industries, and International Growth Markets—supported by Strategic Growth Units, and now reports revenue as data and AI-led solutions and services and digital operations solutions and services. EXL serves about 590 clients, has over 65,000 employees across six continents, and continues to expand its patent portfolio.
Key risks highlighted include rapid technological change and competition in AI, longer and more complex sales cycles for AI offerings, talent attraction and retention challenges, rising wage costs, cybersecurity and data privacy exposures, reliance on key vendors and partners, client concentration, acquisition execution risk, and evolving global tax and regulatory regimes.
ExlService Holdings, Inc. files its annual report describing a global data and AI-focused business that helps clients in insurance, healthcare and life sciences, banking, capital markets, diversified industries and international growth markets transform operations and decision-making.
In 2025 the company reorganized into four Industry Market Units—Insurance, Healthcare and Life Sciences, Banking, Capital Markets and Diversified Industries, and International Growth Markets—supported by Strategic Growth Units, and now reports revenue as data and AI-led solutions and services and digital operations solutions and services. EXL serves about 590 clients, has over 65,000 employees across six continents, and continues to expand its patent portfolio.
Key risks highlighted include rapid technological change and competition in AI, longer and more complex sales cycles for AI offerings, talent attraction and retention challenges, rising wage costs, cybersecurity and data privacy exposures, reliance on key vendors and partners, client concentration, acquisition execution risk, and evolving global tax and regulatory regimes.
ExlService Holdings delivered another year of strong growth in 2025, with revenue rising to $2.09 billion, up 13.6% from 2024, and Q4 revenue reaching $542.6 million, up 12.7%. Full-year diluted EPS increased to $1.54 from $1.21, while adjusted diluted EPS grew to $1.95 from $1.65.
For 2026, the company targets revenue of $2.275–$2.315 billion, implying 9–11% growth, and adjusted diluted EPS of $2.14–$2.19, up 10–12%. The board also authorized a new $500 million share repurchase program over two years, signaling confidence in cash generation.
ExlService Holdings delivered another year of strong growth in 2025, with revenue rising to $2.09 billion, up 13.6% from 2024, and Q4 revenue reaching $542.6 million, up 12.7%. Full-year diluted EPS increased to $1.54 from $1.21, while adjusted diluted EPS grew to $1.95 from $1.65.
For 2026, the company targets revenue of $2.275–$2.315 billion, implying 9–11% growth, and adjusted diluted EPS of $2.14–$2.19, up 10–12%. The board also authorized a new $500 million share repurchase program over two years, signaling confidence in cash generation.
ExlService Holdings, Inc. President Vikas Bhalla reported equity compensation and related tax transactions in company stock. On February 19, 2026, he was granted 45,324 restricted stock units (RSUs), each representing a right to receive one share of common stock, vesting in four equal annual installments starting February 19, 2027, with potential acceleration upon certain terminations or a Change in Control.
On February 20, 2026, 6,849 RSUs were converted into an equal number of common shares at no cost, increasing his direct holdings to 162,124 shares before tax settlement. On the same date, 2,672 shares of common stock were disposed of at $30.41 per share to cover tax liabilities, leaving 159,452 common shares held directly.
ExlService Holdings Executive Vice President Vishal Chhibbar reported equity compensation transactions and related tax withholding in company stock. On February 19, 2026, he was granted 27,192 restricted stock units (RSUs), each representing a right to receive one common share and vesting in four equal annual installments beginning February 19, 2027, with accelerated vesting possible upon certain employment terminations or a Change in Control.
On February 20, 2026, 4,004 RSUs were converted into 4,004 shares of common stock at no exercise price, and 2,427 shares were disposed of at $30.41 per share to satisfy tax withholding obligations, leaving 8,953 shares of common stock held directly after these transactions.