Exlservice Q2 revenue beats estimates

EXLS•2026-07-28

ExlService raises 2026 revenue guidance to $2.390 bln-$2.415 bln, including iMerit acquisition
Company expects 2026 adjusted diluted EPS of $2.25-$2.29, up from prior guidance
ExlService says healthy pipeline and acquisition support confidence in full-year outlook

US data and AI firm's Q2 revenue rose 16% yr/yr, beating analyst expectations
Q2 adjusted diluted EPS up 22% yr/yr, beating analyst expectations
Company raised 2026 revenue and adjusted EPS guidance, factoring in iMerit acquisition

Data and AI strategy - Co said sustained double-digit growth reflects continued execution of its data and AI strategy and differentiated position in helping clients adopt AI across the enterprise
New client wins - Co said it won 17 new clients in the quarter
AI partnerships and acquisition - Co highlighted expanded partnerships with Databricks, OpenAI, Anthropic, and Snowflake, and the pending iMerit acquisition to advance AI capabilities

Metric	Beat/Miss	Actual	Consensus Estimate
Q2 Revenue	Beat	$594.8 mln	$573.9 mln (8 Analysts)
Q2 Adjusted EPS	Beat	$0.59	$0.55 (7 Analysts)
Q2 EPS		$0.42
Q2 Adjusted Operating Margin		19.7%
Q2 Operating Margin		14.7%

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