EXLS
ExlService Holdings, Inc.41.78
+0.26+0.63%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Q&A clarifies growth, flags M&A
Q&A reinforces prepared remarks on AI momentum and 9-11% 2026 growth, clarifying it matches prior organic guidance with stronger backlog and Q4 wins doubling full-year pace for a robust year start. Management detailed shift from AI proofs-of-concept to scaled enterprise adoption emphasizing growth over cost cuts, with data/AI-led outpacing digital ops amid talent constraints. New insurance deal with a fresh client includes explicit IP pricing; healthcare payers expand payment integrity sans in-sourcing fears. Competition swells from hyperscalers and consultancies, but domain workflow mastery differentiates Exl. M&A targets data/AI capabilities as valuations entice. Watch execution on wins and hiring.
Key Stats
Market Cap
6.75BP/E (TTM)
28.23Basic EPS (TTM)
1.48Dividend Yield
0%Recent Filings
8-K
10-K
FY2025 results
EXL delivered FY2025 revenues of $2.1B, up 13.6% y/y, with Q4 buybacks accelerating via $253M in repurchases under its $500M program—3.4M shares at ~$39 average. Healthcare surged 23.7% on payer analytics strength, while Insurance (34% of sales) grew steadily at 8.3%; gross margins expanded 80bps to 38.4% on efficiencies despite wage pressures. Operating cash flow hit $351M, up 31%, funding $53M capex and $299M debt at 5.7% rates with $500M revolver headroom. Yet client concentration risks loom large.
8-K
EXLS crushes Q4, eyes 2026 growth
ExlService Holdings reported Q4 2025 revenue of $542.6 million, up 12.7% year-over-year, and full-year revenue of $2.09 billion, up 13.6%. Adjusted diluted EPS hit $0.50 in Q4 and $1.95 annually. Growth spans all segments. Board approved $500 million stock buyback, effective February 28, 2026. Guides 2026 revenue to $2.275-$2.315 billion.
8-K
EXL buys back shares from Orogen
EXL repurchased 1,551,970 shares from Orogen Echo LLC on December 15, 2025, for $63,373,143 at $40.834 per share, the 5-day VWAP. This private deal, separate from its $500M program, signals board confidence in growth. Orogen's Vikram Pandit stays as Lead Independent Director. Forward-looking statements carry risks like economic trends.
8-K
EXLS Q3 revenue surges 12.2%
ExlService Holdings reported Q3 2025 revenue of $529.6 million, up 12.2% year-over-year, driven by AI-led growth across insurance, healthcare, and banking segments. Diluted EPS rose 10.7% to $0.36, while adjusted EPS climbed 10.8% to $0.48, with gross margins expanding to 38.5%. The company raised full-year guidance to $2.07-$2.08 billion in revenue and $1.88-$1.92 adjusted EPS, signaling robust momentum. Yet currency fluctuations pose risks to projections.
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