| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 529.59 | 2.9% | 12.2% |
| Total Income | 529.59 | 2.9% | 12.2% |
| Expenditure | 453.41 | 4.6% | 12.6% |
| PBT | 74.70 | 11.8% | 9.0% |
| Net Profit | 58.16 | 11.9% | 9.7% |
| OPM | 14.38% | 1.39pp | 0.32pp |
| NPM | 10.98% | 1.86pp | 0.25pp |
| EPS | 0.36 | 12.2% | 9.1% |
EXL Reports Q3 2025 Revenue of $529.6 Million, Up 12.2% Y-o-Y
04 May 2026 · 4 May, 8:42 am
Summary
ExlService Holdings reported a strong third quarter with revenue reaching $529.6 million, up 12.2% year-over-year. Diluted EPS increased to $0.36, and adjusted diluted EPS rose to $0.48. Due to strong momentum, the company is raising its full-year guidance, projecting revenue between $2.07 billion and $2.08 billion, representing 13% year-over-year growth. Adjusted diluted EPS is now expected to be between $1.88 and $1.92, a 14% to 16% increase over the previous year. The company continues to invest in data and AI capabilities to drive future growth.
Key Highlights
- 1
Third quarter revenue reached $529.6 million, reflecting a 12.2% increase year-over-year.
- 2
The company's Q3 diluted EPS (GAAP) increased by 10.7% to $0.36, compared to $0.33 in Q3 2024.
- 3
Adjusted diluted EPS (Non-GAAP) for Q3 was $0.48, a 10.8% increase from $0.44 in Q3 2024.
- 4
The company is raising its full-year guidance for revenue to between $2.07 billion and $2.08 billion, representing 13% year-over-year growth.
- 5
Adjusted diluted EPS is projected to be in the range of $1.88 to $1.92, representing a 14% to 16% increase over 2024.
- 6
The company won 21 new clients in the third quarter of 2025.
- 7
Operating income margin for the quarter ended September 30, 2025 was 14.4%.
Management Comments
Rohit Kapoor
I am pleased to report another strong quarter as we delivered revenue growth of 12% and increased our adjusted diluted EPS by 11%. Our sustained double-digit growth demonstrates the strength of our competitive position as a global data and AI company. EXL’s recognized industry expertise and leadership in embedding AI in the workflow is resonating strongly with the market and fueling our growth with new and existing clients.
Maurizio Nicolelli
Given our strong momentum, we are raising our full-year guidance for both revenue and adjusted diluted earnings per share. We now project revenue to be between $2.07 billion and $2.08 billion, reflecting year-over-year growth of 13% on both a reported and constant currency basis. Consequently, we are increasing our projected adjusted diluted EPS range to $1.88 to $1.92, representing a 14% to 16% increase over 2024, as we continue to strategically invest in our data and AI capabilities to drive future growth.
Informational and educational content only. Not investment advice.