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
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%