ExlService Holdings (EXLS) Net Margin (2010 - 2026)
ExlService Holdings (EXLS) posted quarterly Net Margin of 10.85% for Q2 2026, down 201.0% year-over-year from 10.74% in Q2 2025, and down 7.74% quarter-over-quarter from 11.76% in Q1 2026.
ExlService Holdings (EXLS) Net Margin (2010 - 2026) Analysis & Trends
ExlService Holdings' Net Margin history runs 17 years deep, the most recent figure standing at 10.85% for Q2 2026.
- In Q2 2026, Net Margin fell 201.0% year-over-year to 10.85%; the TTM figure through Jun 2026 stood at 11.18% (down 84.0% YoY), while the FY2025 annual figure was 12.04%, up 125.0% from the prior year.
- Net Margin for Q2 2026 stood at 10.85%, down from 11.76% in the prior quarter.
- The five-year high for Net Margin was 13.31% in Q1 2025, with the low at 8.48% in Q4 2022.
- The 5-year median for Net Margin is 10.98% (2022), against an average of 11.1%.
- The sharpest annual moves came in 2025 and 2026: Net Margin surged 264 bps in 2025, then sank 201 bps in 2026.
- ExlService Holdings' Net Margin stood at 8.48% in 2022, then increased by 15 bps to 9.73% in 2023, then advanced by 8 bps to 10.53% in 2024, then rose by 5 bps to 11.1% in 2025, then decreased by 2 bps to 10.85% in 2026.
- Business Quant data shows EXLS's Net Margin at 10.85% in Q2 2026, 11.76% in Q1 2026, and 11.1% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 219.38 Bn | 208.02 Bn | 9.91 Bn | 12.62% |
| 2 | Accenture | 111.06 Bn | 100.89 Bn | 6.13 Bn | 12.76% |
| 3 | Infosys | 47.96 Bn | 47.96 Bn | 1.60 Bn | 0.12% |
| 4 | Cgi | 32.80 Bn | 32.34 Bn | - | 11.09% |
| 5 | Cognizant Technology Solutions | 28.32 Bn | 27.27 Bn | 1.83 Bn | 11.75% |
| 6 | Fidelity National Information Services | 20.92 Bn | 20.17 Bn | 1.17 Bn | 6.87% |
| 7 | Broadridge Financial Solutions | 20.67 Bn | 20.27 Bn | 853.00 Mn | 17.93% |
| 8 | Wipro | 19.82 Bn | 18.75 Bn | 738.00 Mn | 13.71% |
| 9 | Leidos Holdings | 17.78 Bn | 17.03 Bn | 817.00 Mn | 7.81% |
| 10 | ExlService Holdings | 5.66 Bn | 5.37 Bn | 225.96 Mn | 10.85% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 10.85% |
| 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% |