EXL Service Holdings: Can Healthcare & Life Sciences Fuel the Next Big Leap?

EXLService Holdings, Inc. reported strong financial performance in the third quarter of 2025, driven primarily by its robust data and AI growth strategy. The company achieved revenue of $530 million, reflecting a 12% increase year-over-year, with adjusted EPS growing by 11% to $0.48 per share. A significant contributor to this growth was the data and AI-led revenue, which rose by 18% year-over-year, now accounting for 56% of total revenue. This highlights a substantial shift as clients increasingly adopt AI-driven solutions, positioning EXLService as a leader in embedding AI into client workflows. The company experienced continued success across its various segments. The Insurance segment, representing about a third of EXL’s revenue, grew by 9%, propelled by clients’ initiatives to integrate more AI into their operations.