ExlService Holdings, Inc. (EXLS)

Nasdaq: EXLS · Services-Business Services, NEC · New York, NY · filing with the SEC since 2004

Grade6.1

◀ Past 6.3● Present 7.0▶ Future 5.2

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 24, 2026	Feb 25, 2025	Feb 29, 2024	Feb 23, 2023	Feb 24, 2022	Feb 25, 2021	Feb 27, 2020	Feb 28, 2019	Feb 27, 2018	Mar 15, 2017
Revenue	2,087,679	1,838,372	1,630,668	1,412,044	1,122,293	958,434	991,346	883,112	762,310	685,988
Cost of revenue	1,286,603	1,147,359	1,022,902	896,595	690,934	623,936	655,490	584,855	495,142	447,956
Gross profit	801,076	691,013	607,766	515,449	431,359	334,498	335,856	298,257	267,168^r	238,270^r
Sales and marketing	172,934	146,502	120,227	97,989	84,306	60,123	71,842	63,612	53,379^r	50,579^r
General and administrative	255,308	225,672	198,294	169,016	142,040	113,891	126,909	116,202	102,515^r	88,616^r
Total operating expenses	487,326	427,393	369,011	323,287	275,478	224,476	259,403	248,436	194,443^r	173,775^r
Operating income	313,750	263,620	238,755	192,162	155,881	110,022	76,453	49,821	72,725^r	64,495^r
Interest expense	17,611	19,256	13,180	8,252	7,561	11,190	13,612	7,227	1,889	1,343
Interest and investment income	9,644	9,921	8,027	5,229	2,726	2,501^r	2,184^r	1,873	1,625	1,673
Share of profit of equity-method investments	-305	-114	153	434	47	-227	-269	-247	0	0
Other income (expense), net	16,054	16,092	10,834	-10	6,773	12,065	16,507	12,989	11,359^r	15,135^r
Total non-operating income (expense)	1,302	-2,273	-814	-2,063	-9,320	5,307	6,647	10,549	12,309^r	19,389^r
Income before income taxes	315,052	261,347	237,941	190,099	146,561	115,329	83,100	60,370	85,034	83,884
Income tax expense	63,728	62,936	53,536	47,565	31,850	25,626	15,172	3,397	36,146	22,151
Net income	251,019	198,297	184,558	142,968	114,758	89,476	67,659	56,726	48,888	61,733
Earnings per share, basic	1.56	1.22	1.11	0.86^r	0.68^r	0.522^b	0.394^b	0.33^b	0.288^b	0.368^b
Earnings per share, diluted	1.54	1.21	1.10	0.85^r	0.67^r	0.518^b	0.39^b	0.324^b	0.278^b	0.358^b
Weighted average shares, basic	161,028,312	162,718,840	166,341,213	166,651,585^r	167,746,375^r	171,366,940^b	171,750,750^b	172,255,040^b	169,489,580^b	167,831,835^b
Weighted average shares, diluted	162,481,586	164,321,656	168,161,371	169,169,290^r	171,222,390^r	172,775,820^b	173,663,415^b	175,154,920^b	175,551,050^b	172,816,595^b

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 5-for-1 split of Aug 2023.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:SalesRevenueServicesNet

Cost of revenue what it cost to make or buy what it sold

us-gaap:CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
us-gaap:CostOfServices

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing cost

us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterestAndDividend

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton EXLS · research, not advice