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

ExlService Holdings' (EXLS) quarterly Net Margin came in at 11.76% in Q1 2026, down 155.0% year-on-year from 21.38% in Q1 2025, and up 5.98% quarter-over-quarter from 11.1% in Q4 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.

  • On a quarterly basis, Net Margin fell 155.0% year-over-year to 11.76% in Q1 2026; TTM through Mar 2026 was 11.67%, a 30.0% increase from a year earlier, with the FY2025 full-year figure at 12.04%, up 125.0% from the prior year.
  • Net Margin improved to 11.76% in Q1 2026 per EXLS's latest filing, from 11.1% in the prior quarter.
  • Across five years, Net Margin topped out at 13.31% in Q1 2025 and bottomed at 8.48% in Q4 2022.
  • The 5-year median for Net Margin is 11.0% (2025), against an average of 11.12%.
  • Across the five-year window, Net Margin plunged 188 bps in 2024 and surged 264 bps in 2025, its largest moves.
  • Year by year, Net Margin 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.
  • Per Business Quant, the three latest EXLS Net Margin figures stand at 11.76% (Q1 2026), 11.1% (Q4 2025), and 11.0% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 International Business Machines 212.93 Bn 201.58 Bn 9.91 Bn -0.01%
2 Accenture 100.41 Bn 90.24 Bn 6.13 Bn 12.76%
3 Cgi 63.44 Bn 62.92 Bn - 10.70%
4 Infosys 50.67 Bn 50.67 Bn 1.60 Bn 1,602.13%
5 GDS Holdings 47.45 Bn 45.31 Bn 164.04 Mn 77.95%
6 Cognizant Technology Solutions 24.04 Bn 22.52 Bn 1.78 Bn 12.17%
7 Fidelity National Information Services 23.15 Bn 22.39 Bn 1.11 Bn 4.64%
8 Wipro 20.13 Bn 15.95 Bn 738.00 Mn 13.73%
9 Cdw 18.61 Bn 18.04 Bn 1.19 Bn 4.14%
10 ExlService Holdings 4.76 Bn 4.60 Bn 222.08 Mn 11.76%

Historic Data

Download Data
DateValue
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%