ExlService Holdings (EXLS) Intangibles (2010 - 2026)
ExlService Holdings (EXLS) reported Intangibles of $29.72 million for Q2 2026, down 30.6% from $42.83 million a year earlier and down 9.9% from the prior quarter.
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Analysis
ExlService Holdings (EXLS) Intangibles (2010 - 2026) Analysis & Trends
At the end of FY2025, ExlService Holdings posted Intangibles of $36.2 million, down 26.6% from FY2024.
- Intangibles has declined for four consecutive years, with a five-year compound annual growth rate of -9.5% (FY2020 to FY2025).
- By year, Intangibles came in at $49.33 million in FY2024 (-1.7%), $50.16 million in FY2023 (-22.6%), $64.82 million in FY2022 (-20.1%) and $81.08 million in FY2021 (+36.1%).
- The Q2 2026 figure ranks as the lowest quarterly Intangibles since Q4 2010.
- Year over year, Intangibles has now declined in each of the last 15 quarters, with an average decline of 14.9% over the last eight quarters.
- The high point for year-over-year Intangibles in five years was Q2 2022 (growth of 38.7%); the low point was Q2 2026 (a decline of 30.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $32.98 million (Q1 2026), $36.2 million (Q4 2025) and $39.51 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 50.24 Bn | 36.74 Bn | 1.60 Bn | 486.00 Mn |
| 2 | Cognizant Technology Solutions | 31.12 Bn | 24.28 Bn | 1.83 Bn | 1.68 Bn |
| 3 | Wipro | 20.11 Bn | 14.81 Bn | 738.00 Mn | 548.00 Mn |
| 4 | Td Synnex | 19.66 Bn | 13.82 Bn | 1.43 Bn | 3.56 Bn |
| 5 | Cdw | 19.39 Bn | 17.38 Bn | 1.32 Bn | 1.10 Bn |
| 6 | Cgi | 16.87 Bn | 14.67 Bn | - | 575.12 Mn |
| 7 | Arrow Electronics | 11.10 Bn | 10.05 Bn | 1.13 Bn | 67.51 Mn |
| 8 | Avnet | 7.54 Bn | 6.72 Bn | 865.03 Mn | - |
| 9 | EPAM Systems | 6.64 Bn | 2.28 Bn | 429.57 Mn | 372.97 Mn |
| 10 | ExlService Holdings | 6.07 Bn | 4.81 Bn | 225.96 Mn | 29.72 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.72 Mn |
| Mar 31, 2026 | 32.98 Mn |
| Dec 31, 2025 | 36.20 Mn |
| Sep 30, 2025 | 39.51 Mn |
| Jun 30, 2025 | 42.83 Mn |
| Mar 31, 2025 | 46.09 Mn |
| Dec 31, 2024 | 49.33 Mn |
| Sep 30, 2024 | 51.29 Mn |
| Jun 30, 2024 | 44.00 Mn |
| Mar 31, 2024 | 47.08 Mn |
| Dec 31, 2023 | 50.16 Mn |
| Sep 30, 2023 | 53.32 Mn |
| Jun 30, 2023 | 56.49 Mn |
| Mar 31, 2023 | 60.68 Mn |
| Dec 31, 2022 | 64.82 Mn |
| Sep 30, 2022 | 69.01 Mn |
| Jun 30, 2022 | 73.30 Mn |
| Mar 31, 2022 | 76.58 Mn |
| Dec 31, 2021 | 81.08 Mn |
| Sep 30, 2021 | 49.81 Mn |
API Access
ExlService Holdings Intangibles 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=intangibles&ticker=EXLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=EXLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();