Quarterly ResultApr 28, 2026, 04:22 PM
EXLS Q1 Revenue +13.8% to $570.4M; Diluted EPS $0.43; $125M ASR
AI Summary
ExlService Holdings, Inc. reported a 13.8% increase in Q1 2026 revenue to $570.4 million, with diluted earnings per share rising 7.5% to $0.43. Net income saw a modest 0.8% increase to $67.1 million. The company also initiated a $125 million accelerated share repurchase transaction during the quarter. However, net cash provided by operating activities significantly decreased by 47% compared to the prior year.
Key Highlights
- EXLS initiated a $125 million accelerated share repurchase (ASR) transaction.
- Revenue increased 13.8% to $570.4 million for Q1 2026 from $501.0 million in Q1 2025.
- Net income rose 0.8% to $67.1 million in Q1 2026 from $66.6 million in Q1 2025.
- Diluted EPS grew 7.5% to $0.43 for Q1 2026 from $0.40 in Q1 2025.
- Net cash provided by operating activities decreased 47% to $1.7 million from $3.2 million.
- Insurance segment revenue grew 12.7% to $193.9 million.
- Healthcare and Life Sciences segment revenue increased 20.9% to $151.9 million.
- Data and AI-led revenue surged 27.5% to $341.6 million.