ExlService Holdings, Inc.
For the period ended Dec 31, 2025. Filed Feb 24, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 24, 2026
EXLS$43.33+0.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Table of Contents
| Page | |||
|---|---|---|---|
| PART I. | |||
| ITEM 1. | Business | 1 | |
| ITEM 1A. | Risk Factors | 12 | |
| ITEM 1B. | Unresolved Staff Comments | 24 | |
| ITEM 1C. | Cybersecurity | 24 | |
| ITEM 2. | Properties | 25 | |
| ITEM 3. | Legal Proceedings | 25 | |
| ITEM 4. | Mine Safety Disclosures | 26 | |
| PART II. | |||
| ITEM 5. | Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities | 27 | |
| ITEM 6. | [Reserved] | 28 | |
| ITEM 7. | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 29 | |
| ITEM 7A. | Quantitative and Qualitative Disclosures About Market Risk | 45 | |
| ITEM 8. | Financial Statements and Supplementary Data | 46 | |
| ITEM 9. | Changes in and Disagreement with Accountants on Accounting and Financial Disclosure | 46 | |
| ITEM 9A. | Controls and Procedures | 46 | |
| ITEM 9B. | Other Information | 48 | |
| ITEM 9C. | Disclosure Regarding Foreign Jurisdictions that Prevent Inspections | 48 | |
| PART III. | |||
| ITEM 10. | Directors, Executive Officers and Corporate Governance | 49 | |
| ITEM 11. | Executive Compensation | 49 | |
| ITEM 12. | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters | 49 | |
| ITEM 13. | Certain Relationships and Related Transactions, and Director Independence | 50 | |
| ITEM 14. | Principal Accountant Fees and Services | 50 | |
| PART IV. | |||
| ITEM 15. | Exhibits and Financial Statement Schedules | 50 | |
| SIGNATURES | 51 | ||
| EXHIBIT INDEX | 52 | ||
| INDEX TO CONSOLIDATED FINANCIAL STATEMENTS | F-1 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.