ExlService Holdings, Inc. reported second-quarter 2026 results with revenue rising 15.6% year over year to $594.76M while diluted EPS increased to $0.42; net income was $64.51M, down (2.3%) versus the prior-year quarter.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$594.76M$514.46M15.6% | Net income²$64.51M$66.05M(2.3%) | Diluted EPS³$0.42$0.45% |
¹ Reported as “Revenues, net”. ² Reported as “Net income”. ³ Reported as “Diluted earnings per share”.
Business Highlights
- Revenue growth of 15.6% in the quarter (14.7% YTD) was driven by existing-client expansion and new client wins.
- Company is shifting toward transaction- and outcome-based pricing and investing in generative and agentic AI capabilities to support future offerings.
- Acquisition of iMerit bolsters AI model training and enterprise LLM services.
- Delivery capacity expanded with higher headcount and wage inflation across India, the Philippines, the U.S., the U.K. and growth markets.
- Top 10 clients accounted for roughly 34% of revenue; North America and U.K./EU represent about 97% of sales, indicating geographic concentration.
Original SEC Filing:
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.