ExlService Holdings, Inc. (EXLS) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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EXLS Revenue Growth
Revenue Breakdown (FY 2024)
EXLS's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
EXLS Revenue Analysis (2014–2025)
As of May 8, 2026, ExlService Holdings, Inc. (EXLS) generated trailing twelve-month (TTM) revenue of $2.16 billion, reflecting strong growth of +13.8% year-over-year. The most recent quarter (Q1 2026) recorded $570.4 million in revenue, up 5.1% sequentially.
Looking at the longer-term picture, EXLS's 5-year compound annual growth rate (CAGR) stands at +16.8%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $2.09 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows EXLS's business is primarily driven by Digital Operations And Solutions Services (57%), and Analytics Services (43%). With over half of revenue concentrated in Digital Operations And Solutions Services, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including EPAM (+14.2% YoY), CTSH (+6.5% YoY), and TASK (+15.9% YoY), EXLS has underperformed the peer group in terms of revenue growth. Compare EXLS vs EPAM →
EXLS Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| EXLSCurrent | $2.2B | +13.8% | +16.8% | 15.0% | |
 EPAM | $5.5B | +14.2% | +15.5% | 9.6% | |
 CTSH | $21.1B | +6.5% | +4.9% | 16.7% | |
 TASK | $1.2B | +15.9% | +19.9% | 11.9% | |
 ACN | $69.7B | +7.3% | +9.5% | 14.7% | |
 IBM | $67.5B | +9.7% | +4.1% | 15.3% |
EXLS Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $2.09B | +13.6% | $801.1M | 38.4% | $313.8M | 15.0% |
| 2024 | $1.84B | +12.7% | $691.0M | 37.6% | $263.6M | 14.3% |
| 2023 | $1.63B | +15.5% | $607.8M | 37.3% | $238.8M | 14.6% |
| 2022 | $1.41B | +25.8% | $515.4M | 36.5% | $192.2M | 13.6% |
| 2021 | $1.12B | +17.1% | $431.4M | 38.4% | $155.9M | 13.9% |
| 2020 | $958.4M | -3.3% | $334.5M | 34.9% | $110.0M | 11.5% |
| 2019 | $991.3M | +12.3% | $335.9M | 33.9% | $76.5M | 7.7% |
| 2018 | $883.1M | +15.8% | $298.3M | 33.8% | $49.8M | 5.6% |
| 2017 | $762.3M | +11.1% | $266.7M | 35.0% | $72.7M | 9.5% |
| 2016 | $686.0M | +9.1% | $238.0M | 34.7% | $64.5M | 9.4% |
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Start ComparisonEXLS — Frequently Asked Questions
Quick answers to the most common questions about buying EXLS stock.
Is EXLS's revenue growth accelerating or slowing?
EXLS maintains +13.8% revenue growth, in line with its 5-year CAGR of +16.8%. TTM revenue stands at $2.2B. Growth rate remains consistent with historical average.
What is EXLS's long-term revenue growth rate?
ExlService Holdings, Inc.'s 5-year revenue CAGR of +16.8% reflects the sustained expansion pattern. Current YoY growth of +13.8% is near this long-term average.
How is EXLS's revenue distributed by segment?
EXLS reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.