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

ExlService Holdings' (EXLS) quarterly Tax Rate came in at 26.61% in Q1 2026, up 977.0% year-on-year from 2.47% in Q1 2025, and up 31.81% quarter-over-quarter from 20.19% in Q4 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.

  • On a quarterly basis, Tax Rate rose 977.0% year-over-year to 26.61% in Q1 2026; TTM through Mar 2026 was 22.85%, a 38.0% increase from a year earlier, with the FY2025 full-year figure at 20.23%, down 385.0% from the prior year.
  • Tax Rate improved to 26.61% in Q1 2026 per EXLS's latest filing, from 20.19% in the prior quarter.
  • Across five years, Tax Rate topped out at 28.7% in Q4 2022 and bottomed at 13.58% in Q1 2023.
  • The 5-year median for Tax Rate is 23.7% (2022), against an average of 23.18%.
  • Across the five-year window, Tax Rate soared 1052 bps in 2022 and tumbled 1012 bps in 2023, its largest moves.
  • Year by year, Tax Rate 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.
  • Per Business Quant, the three latest EXLS Tax Rate figures stand at 26.61% (Q1 2026), 20.19% (Q4 2025), and 22.03% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 International Business Machines 205.80 Bn 194.44 Bn 9.91 Bn 12.63%
2 Accenture 93.57 Bn 83.40 Bn 6.13 Bn 24.19%
3 Cgi 61.17 Bn 60.52 Bn - 28.00%
4 GDS Holdings 48.61 Bn 46.47 Bn 164.04 Mn -8.48%
5 Infosys 46.80 Bn 46.80 Bn 1.60 Bn 29.49%
6 Cognizant Technology Solutions 22.33 Bn 20.82 Bn 1.78 Bn 23.99%
7 Fidelity National Information Services 22.04 Bn 21.29 Bn 1.11 Bn 40.93%
8 Wipro 19.72 Bn 15.54 Bn 738.00 Mn -22.49%
9 Broadridge Financial Solutions 17.74 Bn 17.44 Bn 626.90 Mn 18.88%
10 ExlService Holdings 4.42 Bn 4.26 Bn 222.08 Mn 26.61%

Historic Data

Download Data
DateValue
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%
Dec 31, 2024 28.13%
Sep 30, 2024 22.56%
Sep 30, 2024 22.56%