ExlService posts Q3 2026 revenue of $634 million, raises FY‑2026 outlook

ExlService Holdings reported third‑quarter 2026 revenue of $634.0 million, a reported 19.7% year‑over‑year increase (19.9% on a constant‑currency basis) and GAAP EPS of $0.45. Adjusted EPS rose to $0.62, a 28.5% increase on an adjusted basis. The company lifted its full‑year 2026 revenue guidance to $2.430‑$2.440 billion (16‑17% reported growth, 15% organic constant‑currency growth) and its adjusted FY‑2026 EPS guidance to $2.34‑$2.36.

The higher revenue and EPS guidance signals stronger demand for ExlService’s data‑and‑AI services, which could support a higher valuation. Analysts note the raised outlook may justify the stock’s recent price gains.

  • 1Q3 2026 revenue was $634.0 million, up 19.7% year‑over‑year on a reported basis.
  • 2The same revenue increase was 19.9% on a constant‑currency basis.
  • 3GAAP diluted EPS for the quarter was $0.45.
  • 4Adjusted diluted EPS for the quarter was $0.62, up 28.5% on an adjusted basis.
  • 5Full‑year 2026 revenue guidance was raised to $2.430‑$2.440 billion, representing 16‑17% growth on a reported basis and 15% organic growth on a constant‑currency basis.
  • 6Adjusted FY‑2026 EPS guidance was raised to $2.34‑$2.36, a 20‑21% increase on an adjusted basis.

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