ExlService Holdings posted Q2 revenue of $594.8 million, up 15.6% year over year; GAAP diluted EPS rose 4.9% to $0.42.
Non-GAAP adjusted diluted EPS climbed 22.3% to $0.59; operating income margin narrowed 1.1 percentage points to 14.7%.
Adjusted operating income margin edged up 0.1 percentage point to 19.7%; gross margin increased 0.3 percentage point to 38%.
The company won 17 new clients and agreed to acquire iMerit, expected to close July 31, 2026.
It raised its 2026 revenue outlook to $2.39 billion-$2.42 billion, including $28 million-$32 million from iMerit, and lifted its adjusted diluted EPS view to $2.25-$2.29.