ExlService Holdings EXLS
NASDAQ EXLS
$34.90 -0.05 (-0.14%)
As of: Sep 10, 2026 · 11:49 AM EDT

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

ExlService Holdings (EXLS) posted Tax Rate of 23.14% for Q2 2026, down 13.04% on a QoQ basis from 26.61% in Q1 2026, and up 125.0% year-over-year from 10.28% in Q2 2025.

Analysis

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

ExlService Holdings has reported Tax Rate for 17 years, with the latest figure at 23.14% in Q2 2026.

  • On a quarterly basis, Tax Rate rose 125.0% year-over-year to 23.14% in Q2 2026; TTM through Jun 2026 was 23.17%, a 102.0% increase from a year earlier, with the FY2025 full-year figure at 20.23%, down 385.0% from the prior year.
  • Tax Rate was 23.14% for Q2 2026 at ExlService Holdings, 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.
  • Average Tax Rate over 5 years is 23.18%, with a median of 23.47% recorded in 2022.
  • The sharpest annual moves came in 2022 and 2023: Tax Rate surged 1052 bps in 2022, then slumped 1012 bps in 2023.
  • Over 5 years, Tax Rate stood at 28.7% in 2022, then slipped by 2 bps to 28.12% in 2023, then gained by 0 bps to 28.13% in 2024, then dropped by 28 bps to 20.19% in 2025, then advanced by 15 bps to 23.14% in 2026.
  • The last three Tax Rate figures came in at 23.14% (Q2 2026), 26.61% (Q1 2026), and 20.19% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Infosys 44.71 Bn 44.71 Bn 1.60 Bn 29.49%
2 Cognizant Technology Solutions 27.25 Bn 26.20 Bn 1.83 Bn 26.40%
3 Cgi 15.41 Bn 14.83 Bn - 26.62%
4 EPAM Systems 5.92 Bn 5.13 Bn 429.57 Mn 26.73%
5 Science Applications International 5.43 Bn 5.30 Bn 239.00 Mn 14.29%
6 ExlService Holdings 5.32 Bn 5.03 Bn 225.96 Mn 23.14%
7 Kyndryl Holdings 2.84 Bn 729.23 Mn 776.00 Mn 20.29%
8 Formula Systems (1985) 1.98 Bn 1.56 Bn 158.43 Mn 21.30%
9 Innodata 1.82 Bn 1.57 Bn 42.46 Mn -
10 DXC Technology 1.80 Bn -200.40 Mn 611.00 Mn 47.72%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 23.14%
Mar 31, 2026 26.61%
Dec 31, 2025 20.19%
Sep 30, 2025 22.03%
Jun 30, 2025 21.89%
Mar 31, 2025 16.84%
Dec 31, 2024 28.13%
Sep 30, 2024 22.56%
Jun 30, 2024 23.24%
Mar 31, 2024 21.99%
Dec 31, 2023 28.12%
Sep 30, 2023 24.41%
Jun 30, 2023 24.09%
Mar 31, 2023 13.58%
Dec 31, 2022 28.70%
Sep 30, 2022 24.20%
Jun 30, 2022 23.76%
Mar 31, 2022 23.70%
Dec 31, 2021 25.81%
Sep 30, 2021 13.68%