ExlService Holdings (EXLS) Net Margin (2010 - 2026)
ExlService Holdings (EXLS) recorded quarterly Net Margin of 11.76% in Q1 2026, up 5.98% quarter-over-quarter from 11.1% in Q4 2025, and down 155.0% on a YoY basis from 21.38% in Q1 2025.
ExlService Holdings (EXLS) Net Margin (2010 - 2026) Analysis & Trends
ExlService Holdings' Net Margin history runs 17 years deep, the most recent figure standing at 11.76% for Q1 2026.
- In Q1 2026, Net Margin fell 155.0% year-over-year to 11.76%; the TTM figure through Mar 2026 stood at 11.67% (up 30.0% YoY), while the FY2025 annual figure was 12.04%, up 125.0% from the prior year.
- Net Margin was 11.76% for Q1 2026 at ExlService Holdings, up from 11.1% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 13.31% in Q1 2025 to a low of 8.48% in Q4 2022.
- Historically, Net Margin has averaged 11.12% across 5 years, with a median of 11.0% in 2025.
- The sharpest annual moves came in 2024 and 2025: Net Margin plunged 188 bps in 2024, then soared 264 bps in 2025.
- A 5-year view of Net Margin shows it stood at 8.48% in 2022, then rose by 15 bps to 9.73% in 2023, then climbed by 8 bps to 10.53% in 2024, then gained by 5 bps to 11.1% in 2025, then gained by 6 bps to 11.76% in 2026.
- The last three Net Margin figures came in at 11.76% (Q1 2026), 11.1% (Q4 2025), and 11.0% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 18.23% |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | - |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | 14.44% |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 10.30% |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 12.17% |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 4.55% |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 14.14% |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 4.14% |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 7.61% |
| 10 | ExlService Holdings | 4.63 Bn | 4.38 Bn | 222.08 Mn | 11.76% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.76% |
| Dec 31, 2025 | 11.10% |
| Sep 30, 2025 | 11.00% |
| Jun 30, 2025 | 12.87% |
| Mar 31, 2025 | 13.31% |
| Dec 31, 2024 | 10.53% |
| Sep 30, 2024 | 11.24% |
| Jun 30, 2024 | 10.22% |
| Mar 31, 2024 | 11.18% |
| Dec 31, 2023 | 9.73% |
| Sep 30, 2023 | 10.67% |
| Jun 30, 2023 | 12.10% |
| Mar 31, 2023 | 12.80% |
| Dec 31, 2022 | 8.48% |
| Sep 30, 2022 | 10.79% |
| Jun 30, 2022 | 10.30% |
| Mar 31, 2022 | 10.95% |
| Dec 31, 2021 | 9.56% |
| Sep 30, 2021 | 9.12% |
| Jun 30, 2021 | 10.18% |