# EXLSERVICE HOLDINGS, INC. (EXLS) · Edgar & Edgarette company card

> Exlservice Holdings (EXLS) grew revenue 13.6% in FY2025 to $2.1 billion, operating margin 15.0% against a 7.9% median for business services, equity 53.6% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1297989 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/EXLS) · [JSON](https://www.pops4.com/boards/company/EXLS.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $2.1B |
| Revenue growth, 1 year | 13.6% |
| Revenue growth per year | 16.8% |
| Operating margin | 15.0% (prior year 14.3%) |
| Net margin | 12.0% |
| Operating cash flow | $351M |
| Capital spending | $53M |
| Free cash flow | $298M |
| Cash | $146M |
| Long-term debt | $299M |
| Total assets | $1.7B |
| Total equity | $913M |
| Equity ÷ assets | 53.6% |
| Return on equity | 27.5% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 7.34 (safe zone)
- Piotroski F: 8 of 9 (strong)
- Beneish M: -2.66 (below the −1.78 line)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: Cash cow later · growing fast, and already turning revenue into cash

## Edgarette's reading

Exposure: revenue $2.1B (FY2025), total debt $298.6M. Experience: revenue up 13.6% on the year, up 16.8% a year over 4 years; operating margin 15.0%, up from 14.3%. Soundness: equity 53.6% of assets, return on equity 27.5%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $2.1B and $2.6B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $2.0B to $2.8B. A statistical range, not company guidance. Against peers (70 filers, $50M+ revenue, services-business services, nec): operating margin 15.0% against a 7.9% median; growth 13.6% against 10.2%.

Range logged 2026-09-24, receipt 4f1c2d5736944441, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 4, latest 2026-09-02 ([filing](https://www.sec.gov/Archives/edgar/data/1297989/000110465926104527/0001104659-26-104527-index.htm))

## Recent filings

- 10-Q · filed 2026-10-27 · [filing](https://www.sec.gov/Archives/edgar/data/1297989/000129798926000031/0001297989-26-000031-index.htm)
- 8-K · filed 2026-10-27 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1297989/000129798926000028/0001297989-26-000028-index.htm)
- 8-K · filed 2026-09-02 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1297989/000110465926104527/0001104659-26-104527-index.htm)
- 8-K · filed 2026-08-18 · 1.01 Entry into a Material Definitive Agreement; 1.02 Termination of a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1297989/000110465926098380/0001104659-26-098380-index.htm)
- 10-Q · filed 2026-07-28 · [filing](https://www.sec.gov/Archives/edgar/data/1297989/000129798926000023/0001297989-26-000023-index.htm)
- 8-K · filed 2026-07-28 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1297989/000129798926000021/0001297989-26-000021-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001297989.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1297989

## Cite

POPS4, Edgar & Edgarette: EXLSERVICE HOLDINGS, INC. (EXLS) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/EXLS. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.