ExlService Holdings (EXLS) Tax Rate (2010 - 2026)
ExlService Holdings (EXLS) posted quarterly Tax Rate of 23.14% for Q2 2026, up 125.0% year-over-year from 10.28% in Q2 2025, and down 13.04% quarter-over-quarter from 26.61% in Q1 2026.
ExlService Holdings (EXLS) Tax Rate (2010 - 2026) Analysis & Trends
ExlService Holdings' Tax Rate history runs 17 years deep, the most recent figure standing at 23.14% for Q2 2026.
- In Q2 2026, Tax Rate rose 125.0% year-over-year to 23.14%; the TTM figure through Jun 2026 stood at 23.17% (up 102.0% YoY), while the FY2025 annual figure was 20.23%, down 385.0% from the prior year.
- Tax Rate for Q2 2026 stood at 23.14%, down from 26.61% in the prior quarter.
- The five-year high for Tax Rate was 28.7% in Q4 2022, with the low at 13.58% in Q1 2023.
- The 5-year median for Tax Rate is 23.47% (2022), against an average of 23.18%.
- The sharpest annual moves came in 2022 and 2023: Tax Rate soared 1052 bps in 2022, then slumped 1012 bps in 2023.
- ExlService Holdings' Tax Rate stood at 28.7% in 2022, then retreated by 2 bps to 28.12% in 2023, then increased by 0 bps to 28.13% in 2024, then decreased by 28 bps to 20.19% in 2025, then rose by 15 bps to 23.14% in 2026.
- Business Quant data shows EXLS's Tax Rate at 23.14% in Q2 2026, 26.61% in Q1 2026, and 20.19% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 219.38 Bn | 208.02 Bn | 9.91 Bn | 12.63% |
| 2 | Accenture | 111.06 Bn | 100.89 Bn | 6.13 Bn | 24.19% |
| 3 | Infosys | 47.96 Bn | 47.96 Bn | 1.60 Bn | 29.49% |
| 4 | Cgi | 32.80 Bn | 32.34 Bn | - | 26.62% |
| 5 | Cognizant Technology Solutions | 28.32 Bn | 27.27 Bn | 1.83 Bn | 26.40% |
| 6 | Fidelity National Information Services | 20.92 Bn | 20.17 Bn | 1.17 Bn | 21.36% |
| 7 | Broadridge Financial Solutions | 20.67 Bn | 20.27 Bn | 853.00 Mn | 23.74% |
| 8 | Wipro | 19.82 Bn | 18.75 Bn | 738.00 Mn | -22.49% |
| 9 | Leidos Holdings | 17.78 Bn | 17.03 Bn | 817.00 Mn | 21.06% |
| 10 | ExlService Holdings | 5.66 Bn | 5.37 Bn | 225.96 Mn | 23.14% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 23.14% |
| Jun 30, 2026 | 23.14% |
| Jun 30, 2026 | 23.14% |
| Mar 31, 2026 | 26.61% |
| Mar 31, 2026 | 26.61% |
| Mar 31, 2026 | 26.61% |
| Dec 31, 2025 | 20.19% |
| Dec 31, 2025 | 20.19% |
| Dec 31, 2025 | 20.19% |
| Sep 30, 2025 | 22.03% |
| Sep 30, 2025 | 22.03% |
| Sep 30, 2025 | 22.03% |
| Jun 30, 2025 | 21.89% |
| Jun 30, 2025 | 21.89% |
| Jun 30, 2025 | 21.89% |
| Mar 31, 2025 | 16.84% |
| Mar 31, 2025 | 16.84% |
| Mar 31, 2025 | 16.84% |
| Dec 31, 2024 | 28.13% |
| Dec 31, 2024 | 28.13% |