ExlService Holdings (EXLS) EBITDA Margin (2010 - 2026)
ExlService Holdings (EXLS) recorded EBITDA Margin of 17.11% in Q2 2026, down 1.41 percentage points from 18.52% a year earlier and down 1.44 percentage points from the prior quarter.
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Analysis
ExlService Holdings (EXLS) EBITDA Margin (2010 - 2026) Analysis & Trends
On a TTM basis, ExlService Holdings' EBITDA Margin came in at 17.58% as of Jun 30, 2026, down 0.59 percentage points year-over-year; for FY2025, it was 17.87%, up 0.52 percentage points from FY2024.
- Annual EBITDA Margin has a five-year change of +1.12 percentage points (FY2020 to FY2025).
- Across earlier years, EBITDA Margin came in at 17.34% in FY2024 (-0.38 pp), 17.72% in FY2023 (+0.14 pp), 17.58% in FY2022 (-0.73 pp) and 18.31% in FY2021 (+1.56 pp).
- The Q2 2026 figure is the lowest quarterly EBITDA Margin since Q2 2024.
- On a year-over-year basis, EBITDA Margin rose in five of the last eight quarters, with an average year-over-year change of +0.41 percentage points.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 2.08 percentage points in Q4 2024, against a drop of 4.27 percentage points in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 18.55% (Q1 2026), 17.40% (Q4 2025) and 17.25% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 43.15 Bn | 43.21 Bn | 1.60 Bn | 23.71% |
| 2 | Cognizant Technology Solutions | 25.69 Bn | 18.86 Bn | 1.83 Bn | 18.56% |
| 3 | Td Synnex | 20.64 Bn | 14.68 Bn | 1.34 Bn | 3.19% |
| 4 | Cdw | 16.25 Bn | 14.24 Bn | 1.32 Bn | 7.66% |
| 5 | Cgi | 15.05 Bn | 12.83 Bn | - | 19.50% |
| 6 | Arrow Electronics | 11.71 Bn | 10.74 Bn | 1.13 Bn | 4.13% |
| 7 | Avnet | 8.41 Bn | 7.59 Bn | 865.03 Mn | 3.06% |
| 8 | Ingram Micro Holding | 6.34 Bn | 1.95 Bn | 958.68 Mn | 1.96% |
| 9 | EPAM Systems | 5.52 Bn | 1.16 Bn | 429.57 Mn | 13.03% |
| 10 | ExlService Holdings | 5.25 Bn | 3.99 Bn | 225.96 Mn | 17.11% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.11% |
| Mar 31, 2026 | 18.55% |
| Dec 31, 2025 | 17.40% |
| Sep 30, 2025 | 17.25% |
| Jun 30, 2025 | 18.52% |
| Mar 31, 2025 | 18.35% |
| Dec 31, 2024 | 18.15% |
| Sep 30, 2024 | 17.63% |
| Jun 30, 2024 | 16.58% |
| Mar 31, 2024 | 16.92% |
| Dec 31, 2023 | 16.07% |
| Sep 30, 2023 | 17.46% |
| Jun 30, 2023 | 19.23% |
| Mar 31, 2023 | 18.18% |
| Dec 31, 2022 | 17.37% |
| Sep 30, 2022 | 17.81% |
| Jun 30, 2022 | 17.63% |
| Mar 31, 2022 | 17.51% |
| Dec 31, 2021 | 16.43% |
| Sep 30, 2021 | 18.90% |
API Access
ExlService Holdings EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=EXLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "EXLS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=EXLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();