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

ExlService Holdings' Operating Margin history runs 17 years deep, the most recent figure standing at 16.1% for Q1 2026.

• On a quarterly basis, Operating Margin rose 45.0% year-over-year to 16.1% in Q1 2026; TTM through Mar 2026 was 15.17%, a 43.0% increase from a year earlier, with the FY2025 full-year figure at 15.03%, up 69.0% from the prior year.
• Operating Margin grew to 16.1% in Q1 2026 per EXLS's latest filing, from 14.38% in the prior quarter.
• Across five years, Operating Margin topped out at 16.1% in Q1 2026 and bottomed at 13.11% in Q4 2023.
• The 5-year median for Operating Margin is 14.38% (2025), against an average of 14.51%.
• Across the five-year window, Operating Margin slumped 254 bps in 2022 and surged 243 bps in 2023, its largest moves.
• Year by year, Operating Margin stood at 13.61% in 2022, then declined by 4 bps to 13.11% in 2023, then rose by 13 bps to 14.8% in 2024, then retreated by 3 bps to 14.38% in 2025, then grew by 12 bps to 16.1% in 2026.
• Per Business Quant, the three latest EXLS Operating Margin figures stand at 16.1% (Q1 2026), 14.38% (Q4 2025), and 14.38% (Q3 2025).