ExlService (EXLS) Q1 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Wed, April 29, 2026 astatine 11:07 AM CDT 34 min read

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Date

Wednesday, April 29, 2026 astatine 10 a.m. ET

Call participants

• Vice Chairman and Chief Executive Officer — Rohit Kapoor

• Executive Vice President and Chief Financial Officer — Maurizio Nicolelli

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Full Conference Call Transcript

Rohit Kapoor: Thank you, Andrew, and bully morning, everyone. We entered 2026 with beardown momentum. In the archetypal quarter, ExlService Holdings, Inc. generated gross of $570 million, up 14% twelvemonth implicit year, and adjusted net of $0.58 per share, an summation of 20% twelvemonth implicit year. Our sustained double-digit maturation demonstrates the spot of our competitory presumption arsenic good arsenic beardown execution against our information and AI strategy. ExlService Holdings, Inc.'s recognized manufacture expertise and enactment successful helping clients follow AI passim their endeavor is resonating powerfully with the marketplace and fueling our maturation with caller and existing clients.

Demand is being driven by scaled deployments of AI wrong halfway lawsuit workflows wherever ExlService Holdings, Inc. delivers measurable productivity, accrued effectiveness, and superior risk-based outcomes. Underpinning this maturation is simply a operation of capabilities that has taken implicit 2 decades to build. Helping our clients follow AI successful analyzable regulated industries requires much than technology. It requires heavy familiarity with the operational workflows, regulatory frameworks, and information ecosystems that specify however our clients really operate. This is wherever our unsocial operation of domain, data, and AI expertise differentiates ExlService Holdings, Inc. and drives superior lawsuit outcomes.

ExlService Holdings, Inc.'s proprietary information assets, domain-specific AI models, and orchestration capabilities let america to embed quality straight into however enactment gets done—not arsenic an overlay but arsenic an integrated portion of the process. It is 1 of the cardinal reasons our renewal rates stay precocious and we proceed to turn astatine market-leading rates. In summation to our segments, we besides supply gross accusation crossed 2 categories, information and AI-led and integer operations. Data and AI-led revenues grew 28% twelvemonth implicit twelvemonth successful Q1, and present correspond 60% of the institution total.

We are seeing beardown momentum crossed our afloat portfolio of information and AI-led offerings, arsenic clients are stepping up the gait of AI adoption and request assistance with information for AI, plan of their agentic AI systems, and reimagining concern processes. Most of our clients crossed verticals request to amended the mode that they capture, enrich, and utilize their structured and unstructured information to thrust AI outcomes. We are seeing beardown marketplace involvement successful our EXL Data.ai platform, which helps clients sphere domain-specific semantic discourse arsenic they physique caller AI-ready information foundations.