Filing Flows › ExlService Holdings (EXLS) › Gross margin
ExlService Holdings (EXLS) gross margin by quarter
ExlService Holdings' gross margin was 38.0% in Q3 2026 (third quarter 2026), +0.0 pts from Q2 2026. Over the last 7 quarters it ranged from 37.7% (Q2 2025) to 38.9% (Q1 2026).
| Quarter | Gross margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 38.0% | +0.0 pts | -0.5 pts |
| Q2 2026 | 38.0% | -0.9 pts | +0.2 pts |
| Q1 2026 | 38.9% | +0.3 pts | +0.4 pts |
| Q4 2025 | 38.6% | +0.1 pts | — |
| Q3 2025 | 38.5% | +0.8 pts | — |
| Q2 2025 | 37.7% | -0.8 pts | — |
| Q1 2025 | 38.6% | — | — |
Q3 2026 at a glance
ExlService Holdings, Q3 2026: revenue $634M (+20% year over year), operating margin 14.0%, net earnings $68.8M, operating cash flow $119M. The chart follows the revenue to costs, profit and cash.
Questions
What is ExlService Holdings' gross margin?
ExlService Holdings' gross margin was 38.0% in Q3 2026 (third quarter 2026), +0.0 pts from Q2 2026.
How has ExlService Holdings' gross margin changed?
Over the last 7 quarters it ranged from 37.7% (Q2 2025) to 38.9% (Q1 2026).