Q2 2026 Exlservice Holdings Inc Earnings Call Transcript

Jul 29, 2026 / 02:00 PM GMT

Release Date Price: $35.99 (+17.88%)

Transcript 10-Q8-K

Key Points

Positve

ExlService Holdings Inc (EXLS) reported strong second quarter results with revenues of $595 million, up 16% year over year, and adjusted earnings per share increased by 22%.
The company experienced broad-based growth across all segments, with data and AI-led services and solutions representing 61% of revenue.
Insurance and healthcare segments showed significant growth, with insurance growing 15% and healthcare growing 22% year over year.
The acquisition of iMerit is expected to enhance EXLS's AI capabilities and expand its addressable market in high-growth AI tech sectors.
EXLS raised its full-year revenue guidance to a range of $2.39 billion to $2.415 billion, representing 14% to 16% growth, and increased its adjusted diluted EPS guidance to a range of $2.25 to $2.29.

Negative

Digital operations revenue declined by approximately 1.5% year over year, reflecting a shift in business mix as AI is embedded into operations.
SG&A expenses increased by 170 basis points year over year, primarily due to higher investments in front-end sales and support.
The macroeconomic environment remains unsettled, posing potential risks to business growth.
The integration of the iMerit acquisition and building new capabilities may require significant focus and resources.
Despite strong performance, the guidance implies a deceleration in growth in the second half of the year, which may concern investors.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

EXLS.OQ - Exlservice Holdings Inc
Q2 2026 Exlservice Holdings Inc Earnings Call
Jul 29, 2026 / 02:00PM GMT

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Presentation
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Unidentified_1 [1]
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Hello and welcome to the EXL Service Holdings Inc.

226 earnings conference call.

We ask that you please hold all questions until the completion of the former remarks, at which time you will be given instructions for the question-and-answer session.

Also, reminder, this conference is being recorded today.

If you have any objections, please disconnect at this time.

I will now turn the call over to Andrew Toot, head of Investor Relations and capital markets.

Thanks, Marianna.

Hello, and thank you for joining EXL second quarter 2026 financial results conference call.

On the call with me today are Rohit Kapor and Chief Executive Officer.

And

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