ExlService Holdings (EXLS) Gross Margin (2010 - 2026)

ExlService Holdings has reported Gross Margin for 17 years, with the latest figure at 37.99% in Q2 2026.

• On a quarterly basis, Gross Margin rose 25.0% year-over-year to 37.99% in Q2 2026; TTM through Jun 2026 was 38.51%, a 46.0% increase from a year earlier, with the FY2025 full-year figure at 38.37%, up 78.0% from the prior year.
• Gross Margin was 37.99% for Q2 2026 at ExlService Holdings, down from 38.94% in the prior quarter.
• The five-year high for Gross Margin was 38.94% in Q1 2026, with the low at 36.21% in Q2 2022.
• Average Gross Margin over 5 years is 37.55%, with a median of 37.59% recorded in 2023.
• The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 256 bps in 2022, then surged 149 bps in 2023.
• Over 5 years, Gross Margin stood at 36.64% in 2022, then grew by 0 bps to 36.67% in 2023, then gained by 4 bps to 38.1% in 2024, then advanced by 1 bps to 38.63% in 2025, then decreased by 2 bps to 37.99% in 2026.
• The last three Gross Margin figures came in at 37.99% (Q2 2026), 38.94% (Q1 2026), and 38.63% (Q4 2025), per Business Quant data.