ExlService Holdings (EXLS) Operating Income (2009 - 2026)
ExlService Holdings (EXLS) reported Operating Income of $88.86 million for Q3 2026, up 16.6% from $76.17 million a year earlier and up 1.8% from the prior quarter.
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Analysis
ExlService Holdings (EXLS) Operating Income (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, ExlService Holdings' Operating Income came in at $346 million, up 12.7% year-over-year; for FY2025, it was $313.75 million, up 19.0% from FY2024.
- Operating Income has increased for seven consecutive years, with a five-year compound annual growth rate of 23.3% (FY2020 to FY2025).
- By year, Operating Income came in at $263.62 million in FY2024 (+10.4%), $238.76 million in FY2023 (+24.2%), $192.16 million in FY2022 (+23.3%) and $155.88 million in FY2021 (+41.7%).
- Five-year quarterly Operating Income spans a low of $36.06 million in Q4 2021 and a high of $91.83 million in Q1 2026.
- Year over year, Operating Income has now increased in each of the last nine quarters, with growth averaging 18.9% over the last eight quarters.
- The high point for year-over-year Operating Income in five years was Q4 2022 (growth of 41.4%); the low point was Q4 2021 (a decline of 5.8%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $87.3 million (Q2 2026), $91.83 million (Q1 2026) and $78.02 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 51.06 Bn | 16.35 Bn | 1.60 Bn | 1.08 Bn |
| 2 | Cognizant Technology Solutions | 29.12 Bn | 23.09 Bn | 1.91 Bn | 872.00 Mn |
| 3 | Cdw | 21.17 Bn | 18.07 Bn | 1.39 Bn | 489.50 Mn |
| 4 | Td Synnex | 18.55 Bn | 12.71 Bn | 1.43 Bn | 642.88 Mn |
| 5 | Cgi | 18.36 Bn | 16.16 Bn | - | - |
| 6 | Arrow Electronics | 9.82 Bn | 8.84 Bn | 1.16 Bn | 430.26 Mn |
| 7 | EPAM Systems | 8.35 Bn | 4.26 Bn | 445.94 Mn | 175.93 Mn |
| 8 | Avnet | 7.00 Bn | 6.12 Bn | 1.07 Bn | 474.74 Mn |
| 9 | ExlService Holdings | 6.69 Bn | 5.49 Bn | 241.14 Mn | 88.86 Mn |
| 10 | Ingram Micro Holding | 6.46 Bn | 1.87 Bn | 996.93 Mn | 293.77 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 88.86 Mn |
| Jun 30, 2026 | 87.30 Mn |
| Mar 31, 2026 | 91.83 Mn |
| Dec 31, 2025 | 78.02 Mn |
| Sep 30, 2025 | 76.17 Mn |
| Jun 30, 2025 | 81.14 Mn |
| Mar 31, 2025 | 78.42 Mn |
| Dec 31, 2024 | 71.24 Mn |
| Sep 30, 2024 | 69.41 Mn |
| Jun 30, 2024 | 61.45 Mn |
| Mar 31, 2024 | 61.52 Mn |
| Dec 31, 2023 | 54.27 Mn |
| Sep 30, 2023 | 60.23 Mn |
| Jun 30, 2023 | 64.81 Mn |
| Mar 31, 2023 | 59.45 Mn |
| Dec 31, 2022 | 51.00 Mn |
| Sep 30, 2022 | 50.11 Mn |
| Jun 30, 2022 | 47.08 Mn |
| Mar 31, 2022 | 43.98 Mn |
| Dec 31, 2021 | 36.06 Mn |
API Access
ExlService Holdings Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=EXLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "EXLS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=EXLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();