ExlService Holdings (EXLS) Tax Rate (2010 - 2026)

ExlService Holdings (EXLS) recorded quarterly Tax Rate of 26.61% in Q1 2026, up 31.81% quarter-over-quarter from 20.19% in Q4 2025, and up 977.0% on a YoY basis from 2.47% in Q1 2025.

ExlService Holdings (EXLS) Tax Rate (2010 - 2026) Analysis & Trends

ExlService Holdings' Tax Rate history runs 17 years deep, the most recent figure standing at 26.61% for Q1 2026.

  • In Q1 2026, Tax Rate rose 977.0% year-over-year to 26.61%; the TTM figure through Mar 2026 stood at 22.85% (up 38.0% YoY), while the FY2025 annual figure was 20.23%, down 385.0% from the prior year.
  • Tax Rate was 26.61% for Q1 2026 at ExlService Holdings, up from 20.19% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 28.7% in Q4 2022 to a low of 13.58% in Q1 2023.
  • Historically, Tax Rate has averaged 23.18% across 5 years, with a median of 23.7% in 2022.
  • The sharpest annual moves came in 2022 and 2023: Tax Rate jumped 1052 bps in 2022, then tumbled 1012 bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 28.7% in 2022, then decreased by 2 bps to 28.12% in 2023, then rose by 0 bps to 28.13% in 2024, then slipped by 28 bps to 20.19% in 2025, then soared by 32 bps to 26.61% in 2026.
  • The last three Tax Rate figures came in at 26.61% (Q1 2026), 20.19% (Q4 2025), and 22.03% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn 21.23%
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn 12.40%
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn -
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn 24.31%
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn 23.99%
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn 40.93%
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn 18.88%
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn 26.21%
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn 21.91%
10 ExlService Holdings 4.63 Bn 4.38 Bn 222.08 Mn 26.61%

Historic Data

Download Data
DateValue
Mar 31, 2026 26.61%
Mar 31, 2026 26.61%
Dec 31, 2025 20.19%
Dec 31, 2025 20.19%
Sep 30, 2025 22.03%
Sep 30, 2025 22.03%
Jun 30, 2025 21.89%
Jun 30, 2025 21.89%
Mar 31, 2025 16.84%
Mar 31, 2025 16.84%
Dec 31, 2024 28.13%
Dec 31, 2024 28.13%
Sep 30, 2024 22.56%
Sep 30, 2024 22.56%
Jun 30, 2024 23.24%
Jun 30, 2024 23.24%
Mar 31, 2024 21.99%
Mar 31, 2024 21.99%
Dec 31, 2023 28.12%
Dec 31, 2023 28.12%