ExlService Holdings (EXLS) FCF Margin (2010 - 2026)
ExlService Holdings (EXLS) posted FCF Margin of 12.34% for Q2 2026, up 727.55% on a QoQ basis from 1.97% in Q1 2026, and down 612.0% year-over-year from 2.41% in Q2 2025.
Analysis
ExlService Holdings (EXLS) FCF Margin (2010 - 2026) Analysis & Trends
ExlService Holdings has reported FCF Margin for 17 years, with the latest figure at 12.34% in Q2 2026.
- On a quarterly basis, FCF Margin fell 612.0% year-over-year to 12.34% in Q2 2026; TTM through Jun 2026 was 12.29%, a 182.0% decrease from a year earlier, with the FY2025 full-year figure at 14.28%, up 219.0% from the prior year.
- FCF Margin was 12.34% for Q2 2026 at ExlService Holdings, up from 1.97% in the prior quarter.
- The five-year high for FCF Margin was 20.61% in Q3 2024, with the low at 13.05% in Q1 2022.
- Average FCF Margin over 5 years is 10.26%, with a median of 13.5% recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: FCF Margin sank 1402 bps in 2022, then surged 1394 bps in 2023.
- Over 5 years, FCF Margin stood at 13.96% in 2022, then gained by 16 bps to 16.26% in 2023, then gained by 22 bps to 19.79% in 2024, then retreated by 1 bps to 19.63% in 2025, then plunged by 37 bps to 12.34% in 2026.
- The last three FCF Margin figures came in at 12.34% (Q2 2026), 1.97% (Q1 2026), and 19.63% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 44.95 Bn | 44.95 Bn | 1.60 Bn | 26.43% |
| 2 | Cognizant Technology Solutions | 27.19 Bn | 26.14 Bn | 1.83 Bn | 8.37% |
| 3 | Cgi | 15.35 Bn | 14.77 Bn | - | 15.08% |
| 4 | EPAM Systems | 6.01 Bn | 5.22 Bn | 429.57 Mn | -1.25% |
| 5 | Science Applications International | 5.35 Bn | 5.22 Bn | 239.00 Mn | 6.97% |
| 6 | ExlService Holdings | 5.33 Bn | 5.05 Bn | 225.96 Mn | 12.34% |
| 7 | Kyndryl Holdings | 2.86 Bn | 746.87 Mn | 776.00 Mn | -12.69% |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | - |
| 9 | Innodata | 1.84 Bn | 1.59 Bn | 42.46 Mn | 134.89% |
| 10 | DXC Technology | 1.79 Bn | -211.80 Mn | 611.00 Mn | 11.97% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.34% |
| Mar 31, 2026 | -1.97% |
| Dec 31, 2025 | 19.63% |
| Sep 30, 2025 | 20.08% |
| Jun 30, 2025 | 18.46% |
| Mar 31, 2025 | -1.94% |
| Dec 31, 2024 | 19.79% |
| Sep 30, 2024 | 20.61% |
| Jun 30, 2024 | 14.02% |
| Mar 31, 2024 | -7.59% |
| Dec 31, 2023 | 16.26% |
| Sep 30, 2023 | 13.04% |
| Jun 30, 2023 | 8.37% |
| Mar 31, 2023 | 0.89% |
| Dec 31, 2022 | 13.96% |
| Sep 30, 2022 | 11.36% |
| Jun 30, 2022 | 20.45% |
| Mar 31, 2022 | -13.05% |
| Dec 31, 2021 | 21.12% |
| Sep 30, 2021 | 17.46% |