# ExlService Holdings Inc. (EXLS)

**Exchange:** NASDAQ  
**Sector:** Technology  
**Market cap:** $4.72B  
**Price:** $29.02 (-2.32%)

> ExlService Holdings Inc. is a global leader in data analytics, digital operations, and solutions, specializing in operations management and analytics to help businesses enhance growth and profitability. The company delivers agile, scalable solutions through deep domain expertise combined with data, cloud technology, artificial intelligence, and machine learning, serving industries such as insurance, healthcare, banking and financial services, media, retail, utilities, travel, transportation, logistics, and emerging sectors. Its strategic business units include Insurance, Healthcare, Analytics, and Emerging Business, with core offerings encompassing operations management, finance and accounting services, digital solutions via proprietary frameworks and platforms like LifePRO and Liss, advanced analytics for risk minimization and efficiency, data services including business intelligence and governance, and consulting for transformations in finance, risk, compliance, and digital operations. Founded in 1999 and headquartered in New York City, ExlService Holdings Inc. supports clients worldwide with on-premise, BPO, TPA, hosted, and cloud solutions across multiple languages and global delivery centers.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $2.09B | $801M | $314M | $251M | — |
| 2024 | $1.84B | $691M | $264M | $198M | — |
| 2023 | $1.63B | $608M | $239M | $185M | — |
| 2022 | $1.41B | $515M | $192M | $143M | — |
| 2021 | $1.12B | $431M | $156M | $115M | — |
| 2020 | $958M | $334M | $110M | $89M | — |
| 2019 | $991M | $336M | $76M | $68M | — |
| 2018 | $883M | $298M | $50M | $57M | — |
| 2017 | $762M | $267M | $73M | $49M | — |
| 2016 | $686M | $238M | $64M | $62M | — |
| 2013 | $478M | $188M | $67M | $48M | — |
| 2012 | $443M | $171M | $57M | $42M | — |
| 2011 | $361M | $141M | $41M | $35M | — |
| 2010 | $253M | $101M | $27M | $27M | — |
| 2009 | $191M | $82M | $24M | $16M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $1.70B | $790M | $913M | $146M | $299M |
| 2024 | $1.62B | $689M | $930M | $153M | $288M |
| 2023 | $1.44B | $553M | $889M | $137M | $200M |
| 2022 | $1.35B | $588M | $758M | $119M | $220M |
| 2021 | $1.28B | $590M | $693M | $135M | $260M |
| 2020 | $1.25B | $529M | $719M | $219M | $227M |
| 2019 | $1.18B | $513M | $670M | $119M | $235M |
| 2018 | $1.06B | $444M | $618M | $96M | $302M |
| 2017 | $825M | $225M | $600M | $87M | $709,000 |
| 2016 | $707M | $174M | $532M | $213M | $35M |
| 2013 | $463M | $97M | $366M | $148M | — |
| 2012 | $436M | $91M | $344M | $103M | — |
| 2011 | $377M | $99M | $278M | $82M | — |
| 2010 | $306M | $57M | $249M | $111M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $351M | $53M | $298M |
| 2024 | $269M | $46M | $222M |
| 2023 | $211M | $53M | $158M |
| 2022 | $166M | $45M | $121M |
| 2021 | $184M | $37M | $147M |
| 2020 | $203M | $42M | $161M |
| 2019 | $168M | $41M | $128M |
| 2018 | $92M | $41M | $52M |
| 2017 | $113M | $35M | $78M |
| 2016 | $102M | $26M | $77M |
| 2015 | $97M | $26M | $71M |
| 2014 | $67M | $28M | $39M |
| 2013 | $83M | $16M | $67M |
| 2012 | $66M | $19M | $47M |
| 2011 | $56M | $19M | $37M |

Source: [CompaniesByCap](https://companiesbycap.com/company/EXLS)