ExlService Holdings Inc

Latest Results (16.11.2025):

ExlService Holdings Inc reported strong financial results for the third quarter of 2025, highlighted by robust revenue growth and improved earnings. The company’s revenue climbed to $529.6 million, marking a 12.2% increase year-over-year, while its GAAP diluted EPS rose to $0.36 from $0.33 in Q3 2024. Additionally, non-GAAP adjusted diluted EPS advanced to $0.48 from $0.44. The results underscore ExlService’s momentum in the data and AI space, complemented by strategic initiatives, new client wins, and an upward revision of full-year guidance.

Revenue Growth

For Q3 2025, ExlService Holdings Inc achieved revenue of $529.6 million, representing a 12.2% year-over-year increase, with sequential improvements from the previous quarter. This growth reflects the company’s enhanced market position in leveraging data and AI solutions.

Earnings per Share Improvement

The company’s GAAP diluted EPS improved to $0.36, up from $0.33 in Q3 2024, while non-GAAP adjusted EPS increased to $0.48 from $0.44. These gains reinforce ExlService’s effective cost management and operational efficiency.

Operating Margins

Although the operating income margin slightly decreased to 14.4% from 14.7% year-over-year and 15.8% from the previous quarter, the adjusted operating income margin remained relatively robust at 19.4%, demonstrating the company's strong performance when accounting for non-GAAP adjustments.

Guidance and Strategic Initiatives

Following the strong quarter, ExlService Holdings Inc raised its full-year guidance for revenue and adjusted EPS. The revised outlook projects full-year revenue between $2.07 billion and $2.08 billion, and adjusted EPS between $1.88 and $1.92, signaling ongoing strategic investments in their data and AI capabilities.

Business Highlights

In Q3 2025, ExlService secured 21 new clients, launched its EXLdata.ai suite in collaboration with Databricks, and formed a strategic partnership with Genesys. The company also received several industry accolades, including recognitions in the HFS Research Horizon Insurance Services 2025 report and Everest Group’s PEAK Matrix® for Healthcare Data, Analytics, and AI Services.