ExlService Holdings (EXLS) Research & Development (2010 - 2026)

ExlService Holdings' Research & Development history runs 17 years deep, the most recent figure standing at $47.2 million for Q1 2026.

• On a quarterly basis, Research & Development rose 12.58% year-over-year to $47.2 million in Q1 2026; TTM through Mar 2026 was $178.2 million, a 16.89% increase from a year earlier, with the FY2025 full-year figure at $172.9 million, up 18.04% from the prior year.
• Research & Development rose to $47.2 million in Q1 2026 per EXLS's latest filing, from $45.2 million in the prior quarter.
• Across five years, Research & Development topped out at $47.2 million in Q1 2026 and bottomed at $23.9 million in Q3 2022.
• The 5-year median for Research & Development is $35.4 million (2024), against an average of $34.4 million.
• Biggest YoY gain for Research & Development was 32.55% in 2022; the steepest drop was 5.19% in 2022.
• Year by year, Research & Development stood at $26.0 million in 2022, then rose by 21.57% to $31.6 million in 2023, then advanced by 18.91% to $37.5 million in 2024, then grew by 20.42% to $45.2 million in 2025, then advanced by 4.47% to $47.2 million in 2026.
• Per Business Quant, the three latest EXLS Research & Development figures stand at $47.2 million (Q1 2026), $45.2 million (Q4 2025), and $46.4 million (Q3 2025).