EXLS News & Analysis

ExlService (EXLS) Reports Q1 Revenue of $570.4M, Up 14% YoY

ExlService (EXLS) reported Q1 2026 revenues of $570.4 million, an increase of approximately 14% year-over-year, and an adjusted EPS of $0.58. The company raised its full-year revenue guidance to $2.30-$2.33 billion, with adjusted diluted EPS projected at $2.18-$2.23. AI-led revenues surged 28% and now comprise 60% of total revenue. The adjusted operating margin for Q1 was 20.5%, while share repurchases amounted to 4.4 million shares for around $136 million.