EXLService Holdings, Inc. filed its quarterly report on Form 10-Q with the SEC on October 27, 2026, covering the three and nine months ended September 30, 2026, disclosing net income of $68.771 million for the quarter and revenues of $633.959 million.

Key Highlights

  • Quarterly revenue of $633.959 million for the three months ended September 30, 2026, compared with $529.585 million in the same period of 2025, according to the filing.
  • Net income of $68.771 million for Q3 2026, versus $58.161 million in Q3 2025, as reported in the consolidated statements of income.
  • Nine-month revenue of $1.799 billion ($1,799,073 thousand) for the period ended September 30, 2026, up from $1,545,064 thousand in the first nine months of 2025.
  • Diluted earnings per share of $0.45 for the three months ended September 30, 2026, compared with $0.36 in the prior-year quarter.
  • Total assets of $2.073 billion as of September 30, 2026, up from $1.702 billion at December 31, 2025, with goodwill rising to $581.595 million from $419.654 million.
  • 150,788,731 shares outstanding as of October 23, 2026, with 59,120,828 shares held in treasury at cost of $1,325,745 thousand.

EXLService Holdings Financial Results for the Quarter Ended September 30, 2026

According to the Form 10-Q filed on NASDAQ:EXLS, EXLService Holdings reported revenues, net, of $633.959 million for the three months ended September 30, 2026, an increase from $529.585 million in the corresponding quarter of 2025. Gross profit for the quarter was $241.135 million, compared with $203.936 million a year earlier. The filing notes that cost of revenues and gross profit are "exclusive of depreciation and amortization expense." Total operating expenses for Q3 2026 were $152.279 million, producing income from operations of $88.856 million against $76.174 million in Q3 2025.

For the nine months ended September 30, 2026, the company disclosed revenues of $1,799,073 thousand and net income of $200,363 thousand, compared with revenues of $1,545,064 thousand and net income of $190,773 thousand for the same period in 2025. Basic earnings per share for the nine-month period were $1.30, up from $1.18 in the prior-year period. The weighted average diluted share count for the nine months ended September 30, 2026 was 154,086,471, down from 163,481,053 in the comparable 2025 period, reflecting share repurchase activity.

On the balance sheet as of September 30, 2026, total assets were $2,073,409 thousand, up from $1,702,235 thousand at December 31, 2025. The increase in goodwill to $581.595 million from $419.654 million and the rise in other intangible assets, net, to $99.523 million from $36.204 million suggest acquisition activity in the period, as reflected in the filing. Long-term borrowings, less current portion, grew to $501.346 million from $293.712 million. Total stockholders' equity stood at $928.088 million as of September 30, 2026, compared with $912.705 million at year-end 2025. Total comprehensive income for the nine months ended September 30, 2026 was $151.059 million, reduced from net income primarily by a $49.304 million total other comprehensive loss.

What Was Disclosed

EXLService Holdings filed its unaudited quarterly financial statements for the period ended September 30, 2026, reporting quarterly revenue of $633.959 million, net income of $68.771 million, diluted EPS of $0.45, and total assets of $2.073 billion, with long-term borrowings and goodwill both rising materially from year-end 2025 levels.