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E

Exlservice Holdings EXLS · USD

Information Technology · US listing · 🇺🇸 United States

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43.33

+0.42%

Close of 9 Nov 2026, in USD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2025

Revenue

$2.09bn

FY2016FY2025

Net income

$251.0m

FY2016FY2025

Free cash flow

$298.1m

FY2016FY2025

Shareholders' equity

$912.7m

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue$2.09bn$1.84bn$1.63bn$1.41bn$1.12bn$958.4m$991.3m$883.1m$762.3m$686.0m
Gross profit$801.1m$691.0m$607.8m$515.4m$431.4m$334.5m$335.9m$298.3m$266.7m$238.0m
Research and development——$9.3m$6.0m$4.3m$4.9m$2.7m$1.4m$640,000$336,000
Operating income$321.7m$263.6m$238.8m$192.2m$155.9m$118.6m$87.7m$67.6m$73.0m$64.5m
Net income$251.0m$198.3m$184.6m$143.0m$114.8m$89.5m$67.7m$56.7m$48.9m$61.7m
Diluted earnings per share1.541.211.110.850.670.520.390.320.290.36

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets$1.70bn$1.62bn$1.44bn$1.35bn$1.28bn$1.25bn$1.18bn$1.06bn$824.8m$706.5m
Cash and short-term investments$328.4m$350.6m$294.9m$302.6m$320.0m$407.5m$326.9m$286.0m$279.9m$233.8m
Total liabilities$789.5m$688.5m$552.5m$587.9m$589.7m$528.7m$513.1m$443.6m$224.7m$174.3m
Debt$315.5m$290.3m$200.8m$250.5m$260.4m$227.5m$235.7m$285.2m$61.3m$45.5m
Shareholders' equity$912.7m$929.9m$889.4m$758.2m$693.2m$719.2m$670.0m$618.1m$599.8m$532.0m
Shares outstanding162m164m167m169m170m172m173m175m170m174m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations$350.7m$268.5m$211.2m$166.1m$184.4m$203.0m$168.4m$92.4m$113.1m$100.3m
Capital spending−$52.6m−$46.3m−$52.8m−$44.8m−$37.2m−$42.2m−$40.1m−$40.4m−$35.2m−$25.9m
Free cash flow$298.1m$222.3m$158.4m$121.3m$147.1m$160.7m$128.3m$52.0m$78.0m$74.4m
Dividends paid———−$36.7m−$36.7m−$1.5m−$987,000−$392.9m——

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue$594.8m$570.4m$542.6m$529.6m$514.5m$501.0m$481.4m$472.1m
Gross profit$226.0m$222.1m$209.6m$203.9m$194.2m$193.3m$183.4m$178.3m
Operating income$87.3m$91.8m$78.0m$76.2m$82.7m$79.9m$71.2m$69.4m
Net income$64.5m$67.1m$60.2m$58.2m$66.1m$66.6m$50.7m$53.0m
Diluted earnings per share0.420.440.370.360.410.410.310.32
Cash from operations$87.0m$1.0m$117.0m$120.0m$109.0m$3.0m$105.0m$110.0m
Capital spending−$14.0m−$12.0m−$10.0m−$14.0m−$14.0m−$12.0m−$10.0m−$12.0m
Free cash flow$73.0m−$11.0m$107.0m$106.0m$95.0m−$9.0m$95.0m$98.0m
Total assets$1.75bn$1.68bn$1.70bn$1.73bn$1.71bn$1.68bn$1.62bn$1.61bn
Cash and short-term investments$283.8m$253.8m$328.4m$401.5m$364.8m$341.2m$350.6m$333.1m
Debt$399.9m$434.3m$316.1m$374.0m$278.4m$324.7m$305.0m$361.6m
Shareholders' equity$866.2m$778.8m$912.7m$952.4m$1.06bn$1.01bn$929.9m$907.6m

Financial ratios

Data as of 17 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Gross margin38.4%37.6%37.3%36.5%38.4%34.9%——
Operating margin15.9%15.3%15.4%14.0%13.7%13.2%——
Net margin12.0%10.8%11.3%10.1%10.2%9.3%——
Return on equity27.5%21.3%20.7%18.9%16.6%12.4%——
Return on assets14.7%12.3%12.8%10.6%8.9%7.2%——
Free cash flow yield6.3%4.8%4.0%3.2%3.3%3.6%——
Revenue growth13.6%12.7%15.5%25.8%17.1%-3.3%——
Earnings growth26.6%7.4%29.1%24.6%28.3%32.2%——
Current ratio2.56x2.73x2.07x2.20x1.16x2.74x——
Debt to equity0.35x0.33x0.24x0.35x0.40x0.34x——
Equity ratio53.6%57.5%61.7%56.3%54.0%57.6%——
Interest coverage18.89x14.57x19.05x24.04x20.38x11.31x——
R&D as a share of sales——0.6%0.4%0.4%0.5%0.3%0.2%
Buybacks as a share of market value1.1%1.5%1.4%0.8%0.8%0.9%——

Growth per year

Compound annual rate

3 years5 years10 years
Revenue13.9%16.8%12.8%
Operating income18.7%22.1%16.9%
Net income20.6%22.9%17.1%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin38.0%37.5%37.4%36.5%
Operating margin14.9%14.6%14.3%12.7%
Net margin11.4%11.1%10.8%9.8%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings27.536.827.940.143.032.735.632.442.128.4
Price to sales3.34.03.24.14.43.02.42.12.72.5

Market value over time

30 Nov 2016 to 16 Oct 2026, in USD

$1.65bn$6.04bn

Share price return

Finished calendar years

2025202420232022202120202019201820172016
Return-3%45%-11%28%56%21%40%-18%21%18%

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years.

  • 5-for-1 split · 2 Aug 2023

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
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