ExlService Reports Strong Q3 2026 Growth Driven by Data and AI Expansion
ExlService (EXLS) reported robust third-quarter 2026 financial results, highlighted by a 19.7% year-over-year increase in total revenue to $634 million. The company's strategic pivot toward high-value services is evident as Data and AI-led revenue surged 36%, now comprising nearly two-thirds of the firm's total revenue. Adjusted diluted EPS rose significantly by 28.5% to $0.62, benefiting from improved operating leverage. Despite strong top-line growth, adjusted operating margins saw a slight 10-basis-point decline to 19.3%, which management attributed to intentional investments in technology and the transition of traditional operations into AI-embedded workflows. The company maintained positive momentum with 14 new client wins this quarter and provided full-year revenue guidance between $2.43 billion and $2.44 billion, signaling continued confidence in its AI-first value proposition.
Tickers: $EXLS
Topics: Acquisition Performance AI Revenue EPS Financial Guidance Revenue Growth