Description

ExlService’s $2.44 Billion Revenue Outlook Signals An AI-Led Expansion!

ExlService Holdings, Inc. reported its third quarter 2026 financial results with revenue reaching $634 million, representing a 20% year-over-year increase and adjusted earnings per share (EPS) rising 29% to $0.62. The company highlighted 17% organic revenue growth, driven by broad-based expansion across all segments, with notable acceleration in its Data and AI-led services that now constitute nearly two-thirds of total revenue. This segment grew 36% on a reported basis and 31% organically, supported by strength in data management, AI solutions, payment integrity, and model training capabilities enhanced by the recent iMerit acquisition. Segment performance was uniformly positive, with Insurance up 16%, Health & Life Sciences advancing 19%, International Growth Markets growing 21%, and Banking, Capital Markets, and Diversified Industries increasing 27% (including iMerit). While digital operations revenue declined 1.