ExlService (EXLS) Revenue & Revenue Breakdown

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ExlService Revenue Highlights

Latest Revenue (Y)

$1.84B

Latest Revenue (Q)

$514.46M

Main Segment (Y)

Digital Operations And Solutions Services

Main Geography (Y)

UNITED STATES

ExlService Revenue by Period

ExlService Revenue by Year

Date	Revenue	Change
2024-12-31	$1.84B	12.74%
2023-12-31	$1.63B	15.48%
2022-12-31	$1.41B	25.82%
2021-12-31	$1.12B	17.10%
2020-12-31	$958.43M	-3.32%
2019-12-31	$991.35M	12.26%
2018-12-31	$883.11M	15.85%
2017-12-31	$762.31M	11.13%
2016-12-31	$685.99M	9.15%
2015-12-31	$628.49M	25.88%
2014-12-31	$499.28M	4.35%
2013-12-31	$478.45M	8.02%
2012-12-31	$442.93M	22.85%
2011-12-31	$360.54M	42.65%
2010-12-31	$252.75M	32.33%
2009-12-31	$191.00M	5.11%
2008-12-31	$181.71M	1.01%
2007-12-31	$179.89M	47.73%
2006-12-31	$121.77M	64.65%
2005-12-31	$73.95M	22.31%
2004-12-31	$60.47M	117.73%
2003-12-31	$27.77M	2.48%
2002-12-31	$27.10M	127.73%
2001-12-31	$11.90M	-

ExlService generated $1.84B in revenue during NA 2024, up 12.74% compared to the previous quarter, and up 185.44% compared to the same period a year ago.

ExlService Revenue by Quarter

Date	Revenue	Change
2025-06-30	$514.46M	2.68%
2025-03-31	$501.02M	4.07%
2024-12-31	$481.43M	1.98%
2024-09-30	$472.07M	5.29%
2024-06-30	$448.37M	2.72%
2024-03-31	$436.51M	5.42%
2023-12-31	$414.06M	0.75%
2023-09-30	$410.97M	1.48%
2023-06-30	$405.00M	1.09%
2023-03-31	$400.64M	6.92%
2022-12-31	$374.70M	3.70%
2022-09-30	$361.35M	4.20%
2022-06-30	$346.78M	5.34%
2022-03-31	$329.21M	11.41%
2021-12-31	$295.49M	1.78%
2021-09-30	$290.32M	5.55%
2021-06-30	$275.06M	5.22%
2021-03-31	$261.42M	5.01%
2020-12-31	$248.95M	3.29%
2020-09-30	$241.02M	8.34%
2020-06-30	$222.47M	-9.56%
2020-03-31	$245.99M	-4.24%
2019-12-31	$256.87M	2.18%
2019-09-30	$251.39M	3.24%
2019-06-30	$243.51M	1.64%
2019-03-31	$239.57M	1.99%
2018-12-31	$234.90M	1.64%
2018-09-30	$231.12M	10.00%
2018-06-30	$210.11M	1.52%
2018-03-31	$206.97M	4.60%
2017-12-31	$197.88M	2.88%
2017-09-30	$192.34M	1.74%
2017-06-30	$189.06M	3.29%
2017-03-31	$183.03M	3.25%
2016-12-31	$177.27M	3.55%
2016-09-30	$171.20M	0.42%
2016-06-30	$170.48M	2.06%
2016-03-31	$167.04M	0.71%
2015-12-31	$165.86M	1.44%
2015-09-30	$163.50M	5.06%
2015-06-30	$155.62M	8.44%
2015-03-31	$143.51M	6.08%
2014-12-31	$135.29M	10.48%
2014-09-30	$122.46M	2.27%
2014-06-30	$119.74M	-1.69%
2014-03-31	$121.80M	-1.87%
2013-12-31	$124.12M	1.48%
2013-09-30	$122.31M	5.44%
2013-06-30	$116.01M	0.00%
2013-03-31	$116.01M	-1.40%
2012-12-31	$117.65M	4.45%
2012-09-30	$112.64M	4.27%
2012-06-30	$108.03M	3.27%
2012-03-31	$104.61M	1.98%
2011-12-31	$102.58M	2.55%
2011-09-30	$100.03M	17.64%
2011-06-30	$85.03M	16.63%
2011-03-31	$72.91M	4.09%
2010-12-31	$70.04M	3.63%
2010-09-30	$67.58M	11.45%
2010-06-30	$60.64M	11.29%
2010-03-31	$54.49M	-8.33%
2009-12-31	$59.44M	23.35%
2009-09-30	$48.19M	13.69%
2009-06-30	$42.38M	3.41%
2009-03-31	$40.99M	-6.20%
2008-12-31	$43.69M	-6.18%
2008-09-30	$46.57M	-13.46%
2008-06-30	$53.82M	5.63%
2008-03-31	$50.95M	1.12%
2007-12-31	$50.39M	-

ExlService generated $514.46M in revenue during Q2 2025, up 2.68% compared to the previous quarter, and up 117.86% compared to the same period a year ago.

ExlService Revenue Breakdown

ExlService Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Digital Operations And Solutions Services	$1.04B	$901.54M	$764.69M	$661.62M	-
Analytics Services	$796.20M	$729.13M	$647.35M	$460.67M	$362.68M
BPM and Related Services	-	-	-	-	$595.75M

ExlService's latest annual revenue breakdown by segment (product or service), as of Dec 24: Digital Operations And Solutions Services (56.69%), and Analytics Services (43.31%).

Quarterly Revenue by Product

Product/Service	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20
Analytics Services	$207.68M	$204.00M	$193.79M	$190.73M	$181.99M	$183.11M	$182.18M	$181.84M	$170.71M	$166.30M	$161.30M	$149.04M	$126.48M	$120.46M	$111.41M	$102.32M	$98.07M	$90.50M	$81.68M	$92.43M
Digital Operations And Solutions Services	$273.74M	$268.07M	$254.58M	$245.78M	$232.06M	$227.86M	$222.81M	$218.80M	$203.99M	$195.05M	$185.48M	$180.17M	-	-	-	-	-	-	-	-
BPM and Related Services	-	-	-	-	-	-	-	-	-	-	-	-	-	$169.86M	$163.66M	$159.09M	$150.88M	$150.52M	$140.79M	$153.56M

ExlService's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Digital Operations And Solutions Services (56.86%), and Analytics Services (43.14%).

ExlService Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Rest Of World	$103.52M	$82.48M	$63.94M	$52.50M	$55.10M
Non-US	$319.48M	$259.96M	$198.57M	$158.23M	$143.76M
UNITED STATES	$1.52B	$1.37B	$1.21B	$964.06M	$814.67M

ExlService's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (78.22%), Non-US (16.45%), and Rest Of World (5.33%).

Quarterly Revenue by Country

Country	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
Rest Of World	$14.00M	$9.98M	$27.71M	$27.36M	$24.65M	$23.80M	$20.30M	$21.51M	$20.67M	$20.00M	$17.14M	$16.57M	$16.17M	$14.06M	$13.44M	$13.17M	$13.60M	$12.30M	$11.47M	$14.19M
North America	$422.82M	$415.35M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-US	-	-	$83.65M	$84.01M	$77.62M	$74.20M	$66.23M	$67.84M	$64.32M	$61.57M	$52.78M	$50.70M	$48.26M	$46.83M	$40.81M	$40.60M	$39.78M	$37.05M	$35.12M	$37.09M
UNITED STATES	-	-	$397.77M	$388.07M	$370.75M	$362.31M	$347.82M	$343.13M	$340.68M	$339.07M	$321.93M	$310.65M	$298.52M	$282.38M	$254.68M	$249.73M	$235.29M	$224.37M	$213.83M	$203.93M

ExlService's latest quarterly revenue breakdown by geography, as of Jun 25: North America (96.79%), and Rest Of World (3.21%).

ExlService Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
KD	Kyndryl	$15.06B	$3.74B
GDS	GDS	$9.96B	$2.63B
SANM	Sanmina	$7.57B	$2.04B
G	Genpact	$4.77B	$1.21B
EPAM	EPAM Systems	$4.73B	$1.35B
EXLS	ExlService	$1.84B	$514.46M
DLB	Dolby Laboratories	$1.27B	$369.56M
WAY	Waystar	$943.55M	$270.65M
OLED	Universal Display	$647.68M	$171.79M
AUR	Aurora Innovation	-	$1.00M
FOUR	Shift4 Payments	-	-

EXLS Revenue FAQ

What is ExlService’s yearly revenue?

ExlService's yearly revenue for 2024 was $1.84B, representing an increase of 12.74% compared to 2023. The company's yearly revenue for 2023 was $1.63B, representing an increase of 15.48% compared to 2022. EXLS's yearly revenue for 2022 was $1.41B, representing an increase of 25.82% compared to 2021.

What is ExlService’s quarterly revenue?

ExlService's quarterly revenue for Q2 2025 was $514.46M, a 2.68% increase from the previous quarter (Q1 2025), and a 14.74% increase year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $501.02M, a 4.07% increase from the previous quarter (Q4 2024), and a 14.78% increase year-over-year (Q1 2024). EXLS's quarterly revenue for Q4 2024 was $481.43M, a 1.98% increase from the previous quarter (Q3 2024), and a 16.27% increase year-over-year (Q4 2023).

What is ExlService’s revenue growth rate?

ExlService's revenue growth rate for the last 3 years (2022-2024) was 30.19%, and for the last 5 years (2020-2024) was 91.81%.

What are ExlService’s revenue streams?

ExlService's revenue streams in c 24 are Digital Operations And Solutions Services, and Analytics Services. Digital Operations And Solutions Services generated $1.04B in revenue, accounting 56.69% of the company's total revenue, up 15.60% year-over-year. Analytics Services generated $796.2M in revenue, accounting 43.31% of the company's total revenue, up 9.20% year-over-year.

What is ExlService’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of ExlService was Digital Operations And Solutions Services. This segment made a revenue of $1.04B, representing 56.69% of the company's total revenue.