ExlService Holdings (EXLS) Operating Expenses (2010 - 2026)

ExlService Holdings' Operating Expenses history runs 17 years deep, the most recent figure standing at $130.3 million for Q1 2026.

• On a quarterly basis, Operating Expenses rose 13.36% year-over-year to $130.3 million in Q1 2026; TTM through Mar 2026 was $502.7 million, a 14.06% increase from a year earlier, with the FY2025 full-year figure at $487.3 million, up 14.02% from the prior year.
• Operating Expenses slipped to $130.3 million in Q1 2026 per EXLS's latest filing, from $131.6 million in the prior quarter.
• Across five years, Operating Expenses topped out at $131.6 million in Q4 2025 and bottomed at $77.7 million in Q1 2022.
• The 5-year median for Operating Expenses is $101.6 million (2024), against an average of $102.2 million.
• Across the five-year window, Operating Expenses rose 27.32% in 2022 and climbed 7.86% in 2025, its largest moves.
• Year by year, Operating Expenses stood at $86.3 million in 2022, then increased by 13.07% to $97.6 million in 2023, then rose by 14.94% to $112.2 million in 2024, then rose by 17.34% to $131.6 million in 2025, then declined by 1.03% to $130.3 million in 2026.
• Per Business Quant, the three latest EXLS Operating Expenses figures stand at $130.3 million (Q1 2026), $131.6 million (Q4 2025), and $127.8 million (Q3 2025).