ExlService Holdings (EXLS) EBITDA Margin (2010 - 2026)
ExlService Holdings (EXLS) posted EBITDA Margin of 14.68% for Q2 2026, down 18.41% on a QoQ basis from 17.99% in Q1 2026, and down 319.0% year-over-year from 6.7% in Q2 2025.
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ExlService Holdings (EXLS) EBITDA Margin (2010 - 2026) Analysis & Trends
ExlService Holdings has reported EBITDA Margin for 17 years, with the latest figure at 14.68% in Q2 2026.
- On a quarterly basis, EBITDA Margin fell 319.0% year-over-year to 14.68% in Q2 2026; TTM through Jun 2026 was 16.49%, a 97.0% decrease from a year earlier, with the FY2025 full-year figure at 17.23%, up 63.0% from the prior year.
- EBITDA Margin was 14.68% for Q2 2026 at ExlService Holdings, down from 17.99% in the prior quarter.
- The five-year high for EBITDA Margin was 18.2% in Q2 2023, with the low at 14.68% in Q2 2026.
- Average EBITDA Margin over 5 years is 16.72%, with a median of 16.69% recorded in 2023.
- The sharpest annual moves came in 2024 and 2026: EBITDA Margin surged 201 bps in 2024, then slumped 319 bps in 2026.
- Over 5 years, EBITDA Margin stood at 16.28% in 2022, then dropped by 6 bps to 15.31% in 2023, then climbed by 13 bps to 17.32% in 2024, then decreased by 3 bps to 16.78% in 2025, then decreased by 13 bps to 14.68% in 2026.
- The last three EBITDA Margin figures came in at 14.68% (Q2 2026), 17.99% (Q1 2026), and 16.78% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 44.95 Bn | 44.95 Bn | 1.60 Bn | 21.12% |
| 2 | Cognizant Technology Solutions | 27.19 Bn | 26.14 Bn | 1.83 Bn | 15.95% |
| 3 | Cgi | 15.35 Bn | 14.77 Bn | - | 15.85% |
| 4 | EPAM Systems | 6.01 Bn | 5.22 Bn | 429.57 Mn | 10.76% |
| 5 | Science Applications International | 5.35 Bn | 5.22 Bn | 239.00 Mn | 8.09% |
| 6 | ExlService Holdings | 5.33 Bn | 5.05 Bn | 225.96 Mn | 14.68% |
| 7 | Kyndryl Holdings | 2.86 Bn | 746.87 Mn | 776.00 Mn | 4.04% |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | 0.00% |
| 9 | Innodata | 1.84 Bn | 1.59 Bn | 42.46 Mn | 17.21% |
| 10 | DXC Technology | 1.79 Bn | -211.80 Mn | 611.00 Mn | -71.59% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.68% |
| Mar 31, 2026 | 17.99% |
| Dec 31, 2025 | 16.78% |
| Sep 30, 2025 | 16.62% |
| Jun 30, 2025 | 17.87% |
| Mar 31, 2025 | 17.71% |
| Dec 31, 2024 | 17.32% |
| Sep 30, 2024 | 16.89% |
| Jun 30, 2024 | 15.90% |
| Mar 31, 2024 | 16.22% |
| Dec 31, 2023 | 15.31% |
| Sep 30, 2023 | 16.71% |
| Jun 30, 2023 | 18.20% |
| Mar 31, 2023 | 17.17% |
| Dec 31, 2022 | 16.28% |
| Sep 30, 2022 | 16.67% |
| Jun 30, 2022 | 16.44% |
| Mar 31, 2022 | 16.13% |
| Dec 31, 2021 | 15.39% |
| Sep 30, 2021 | 17.81% |