ExlService Holdings (EXLS) Beats Q2 2026 Earnings on AI-Driven Growth
As seen on the 24/7 Wall St. homepage on July 28, 2026.
ExlService crushed second quarter earnings with adjusted EPS of $0.59 beating estimates by 7.8%, while raising full-year guidance on the back of 16% revenue growth and its imminent iMerit acquisition to bolster enterprise AI capabilities. Healthcare and Life Sciences segment revenue jumped 22% year-over-year to $158 million, driving gross margins to 46.9%.
Continue ReadingShow less
ExlService Holdings posted adjusted earnings per share of $0.59 for the second quarter of 2026, clearing the consensus estimate of $0.5475 by 7.8%. Revenue came in at $594.8 million, topping estimates of roughly $573.95 million by about 3.6%, with overall top-line growth running at 16% year-over-year. The company also raised its full-year guidance, signaling that management expects the momentum to continue.
The Healthcare and Life Sciences segment was a standout, with revenue jumping 22% year-over-year to $158 million and helping push gross margins to 46.9%. The pending acquisition of iMerit, which ExlService flagged as imminent, is positioned to deepen its enterprise AI capabilities and could become a meaningful growth catalyst once the deal closes.
Sponsored
Are You Ready To Retire, Or Years Behind?
Most Americans suspect they're behind on retirement and never find out. Advisor.com's free matching tool pairs you in about three minutes with a vetted fiduciary advisor who can help you with investing, taxes, retirement, estate planning, and more. No minimums. No sales call. Find out where you stand.
Looking at the broader earnings trend, EXLS has now beaten EPS estimates in each of the past eight consecutive quarters, with the beat margin widening notably in the most recent two periods. Q1 2026 saw EPS of $0.58 against an estimate of $0.54, and the Q2 result of $0.59 extends that upward trajectory — a pattern that tends to draw increasing attention from analysts heading into the back half of the year.
Mentioned: EXLS