ExlService Holdings, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $2.1B | $1.8B | $1.6B | $1.4B | $1.1B |
| Gross profit | $801.1M | $691.0M | $607.8M | $515.4M | $431.4M |
| Operating expenses | $487.3M | $427.4M | $369.0M | $323.3M | $275.5M |
| Operating income | $313.8M | $263.6M | $238.8M | $192.2M | $155.9M |
| Interest expense | $17.6M | $19.3M | $13.2M | $8.3M | $7.6M |
| Pretax income | $315.1M | $261.3M | $237.9M | $190.1M | $146.6M |
| Income tax expense | $63.7M | $62.9M | $53.5M | $47.6M | $31.9M |
| Net income | $251.0M | $198.3M | $184.6M | $143.0M | $114.8M |
| Balance Sheet | |||||
| Cash and equivalents | $146.3M | $153.4M | $137.0M | $118.7M | $135.3M |
| Current assets | $830.0M | $795.2M | $679.7M | $612.8M | $578.1M |
| Total assets | $1.7B | $1.6B | $1.4B | $1.3B | $1.3B |
| Current liabilities | $324.1M | $290.1M | $326.4M | $277.9M | $495.7M |
| Total liabilities | $789.5M | $688.5M | $552.5M | $587.9M | $589.7M |
| Stockholders' equity | $912.7M | $929.9M | $889.4M | $758.2M | $693.2M |
| Cash Flow Statement | |||||
| Cash from operations | $350.7M | $268.5M | $211.2M | $166.1M | $184.4M |
| Depreciation and amortization | $59.2M | $55.2M | $50.3M | $56.1M | $49.7M |
| Stock-based compensation | $79.5M | $72.7M | $58.4M | $49.4M | $38.6M |
| Capital expenditure | $52.6M | $46.3M | $52.8M | $44.8M | $37.2M |
| Free cash flow | $298.1M | $222.3M | $158.4M | $121.3M | $147.1M |
| Share repurchases | $328.5M | $207.9M | $131.8M | $72.6M | $118.4M |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 152.8M · Free float 96.2%
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.