ExlService Holdings, Inc.
Income Statement
| Line Item | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $634.0M | $594.8M | $570.4M | $542.6M | $529.6M | $514.5M | $501.0M | $481.4M |
| Cost of Revenue | $392.8M | $368.8M | $348.3M | $333.0M | $325.6M | $320.3M | $307.7M | $298.0M |
| Gross Profit | $241.1M | $226.0M | $222.1M | $209.6M | $203.9M | $194.2M | $193.3M | $183.4M |
| Gross Margin | 38.0% | 38.0% | 38.9% | 38.6% | 38.5% | 37.7% | 38.6% | 38.1% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $79.9M | $74.4M | $69.1M | $70.1M | $66.3M | $59.5M | $59.4M | $58.5M |
| Operating Income | $88.9M | $87.3M | $91.8M | $78.0M | $76.2M | $81.1M | $78.4M | $71.2M |
| Operating Margin | 14.0% | 14.7% | 16.1% | 14.4% | 14.4% | 15.8% | 15.7% | 14.8% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $86.7M | $84.0M | $91.4M | $75.5M | $74.7M | $84.7M | $80.2M | $70.6M |
| Income Tax Expense | $17.9M | $19.4M | $24.3M | $15.2M | $16.5M | $18.5M | $13.5M | $19.9M |
| Net Income | $68.8M | $64.5M | $67.1M | $60.2M | $58.2M | $66.1M | $66.6M | $50.7M |
| Net Margin | 10.8% | 10.8% | 11.8% | 11.1% | 11.0% | 12.8% | 13.3% | 10.5% |
| EPS (Basic) | $0.45 | $0.42 | $0.43 | $0.38 | $0.36 | $0.41 | $0.41 | $0.31 |
| EPS (Diluted) | $0.45 | $0.42 | $0.43 | $0.38 | $0.36 | $0.40 | $0.40 | $0.31 |
| Shares Outstanding (Basic) | 151.8M | 152.6M | 156.0M | 161.0M | 160.5M | 162.9M | 162.5M | 162.7M |
| Shares Outstanding (Diluted) | 152.6M | 152.8M | 156.9M | 162.5M | 161.7M | 164.2M | 164.6M | 164.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |