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 Inc Schedule 13G reports that Vanguard Capital Management beneficially owned 7,937,714 shares of Common Stock, representing 5.07% of the class as of 03/31/2026. The filing states Vanguard has sole dispositive power over 7,937,714 shares and sole voting power over 1,199,934 shares. The disclosure attributes holdings to Vanguard Capital Management LLC and specific affiliates and notes holdings include securities held for Vanguard funds and managed accounts.
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 reported strong first-quarter 2026 results and raised its full-year outlook. Revenue reached $570.4 million, up 13.8% year-over-year and 5.1% sequentially, with gross margin at 38.9%. GAAP diluted EPS was $0.43, up from $0.40 a year ago, while adjusted diluted EPS rose to $0.58 from $0.48, a 20.2% increase.
Operating income margin improved to 16.1%, and adjusted operating income margin rose to 20.5%. Adjusted EBITDA was $127.9 million with a 22.4% margin. All four reportable segments contributed, led by Healthcare and Life Sciences with a 45.3% gross margin. The company won 16 new clients and received multiple AI-related partner awards from NVIDIA, AWS, Genesys, and Google Cloud.
Management raised 2026 guidance, now expecting full-year revenue of $2.30 billion to $2.33 billion, representing 10% to 12% growth on both a reported and constant currency basis. Adjusted diluted EPS is now projected at $2.18 to $2.23, a 12% to 14% increase over 2025.
ExlService Holdings, Inc. (EXL) calls a virtual-only 2026 annual meeting on June 16, 2026, with a record date of April 23, 2026. Stockholders will vote on electing seven directors, ratifying the independent auditor, and approving an advisory Say‑on‑Pay proposal.
The proxy highlights EXL’s evolution into a global data and AI company with about 65,000 employees. Revenue reached $2.09B in 2025, up 13.6% from $1.84B in 2024, with broad-based growth across insurance, healthcare, banking and international segments. Operating margin improved to 15.0%, net income attributable to stockholders rose 26.6% to $251.0M, and diluted EPS increased 28.0% from $1.21 to $1.54.
The board emphasizes strong governance, risk oversight, sustainability and human‑capital management, with six of seven nominees independent, an independent Lead Director, fully independent key committees, majority voting for directors, and an active stockholder engagement and succession planning program. Compensation is described as heavily performance‑based, with 95% of CEO pay and 77% of other NEO pay at risk through equity and incentives.
ExlService Holdings Inc: The Vanguard Group filed Amendment No. 12 to a Schedule 13G/A reporting 0 shares beneficially owned and 0% of the class. The filing explains an internal realignment effective January 12, 2026 that disaggregated certain subsidiaries so those entities will report separately in reliance on SEC Release No. 34-39538 (January 12, 1998). The filing states The Vanguard Group, Inc. no longer is deemed to have beneficial ownership over securities held by those subsidiaries. The amendment is signed by Ashley Grim, Head of Global Fund Administration, dated 03/26/2026.
ExlService Holdings, Inc. entered into a fixed dollar accelerated share repurchase transaction with Morgan Stanley to buy back $125 million of its common stock, as part of a broader $500 million repurchase authorization. The company prepaid $125 million and initially received 3,346,720 shares, representing approximately $100 million based on the March 16, 2026 closing price. The final share count will depend on the Rule 10b-18 volume-weighted average price during a valuation period, with settlement expected no later than the second quarter of 2026 and flexible share or cash settlement mechanics. The repurchase is being funded with cash on hand and borrowings under the existing credit facility. The company also disclosed that director Nitin Sahney will not stand for re-election at the 2026 annual meeting, and his decision is not due to any disagreement with the company or its leadership.
ExlService Holdings President Vivek Jetley reported equity compensation activity involving restricted stock units and common shares. On February 27, 2026, 9,579 restricted stock units converted into an equal number of common shares at a stated price of $0.00 per share, reflecting a derivative exercise under the company’s incentive plan.
On the same date, 5,298 common shares were disposed of at $30.99 per share to satisfy tax withholding obligations related to this vesting. Following these transactions, Jetley directly held 426,174 shares of common stock and 19,158 restricted stock units, which continue to vest in equal annual installments through February 27, 2028.
ExlService Holdings CHRO Pamela M. Harrison reported equity award activity. On February 27, 2026, 4,151 restricted stock units converted into an equal number of common shares at a stated price of $0.00 per share. These units convert to common stock on a one-for-one basis under the company’s plan.
On the same date, 2,159 common shares at $30.99 per share were surrendered to satisfy tax withholding obligations related to the award, rather than sold in an open‑market trade. After these transactions, she directly held 6,255 shares of common stock and 8,302 restricted stock units.
ExlService Holdings, Inc. President Vikas Bhalla reported equity award activity involving restricted stock units and common stock. On February 27, 2026, he exercised 9,579 restricted stock units, which converted into 9,579 shares of common stock at a stated price of $0.0000 per share.
In a related tax-withholding transaction coded "F," 3,736 common shares were disposed of at $30.9900 per share to satisfy tax obligations associated with the vesting. After these transactions, Bhalla directly held 165,295 common shares and 19,158 restricted stock units. The footnotes explain that the restricted stock units convert into common stock on a one-for-one basis and were granted in 2024 with four equal annual vesting installments through 2028.
ExlService Holdings EVP and general counsel Ajay Ayyappan reported multiple equity transactions. He sold 1,679 shares of common stock on March 2, 2026 at $30.39 per share in an open-market sale made under a Rule 10b5-1 trading plan entered on August 11, 2025.
On February 27, 2026, restricted stock units converting into common stock on a one-for-one basis were exercised for 3,991 shares, and an equal number of common shares were acquired at $0.00 per share. To cover tax obligations, 2,126 common shares were disposed of at $30.99 per share.
After these transactions, Ayyappan held 54,087 shares of common stock and 7,982 restricted stock units. The RSUs come from a 15,964-unit grant dated February 27, 2024 that vests in four equal annual installments through February 27, 2028.