ExlService Holdings (EXLS) Margins & Profitability 2020-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 38.0%
EBITDA Margin: 17.0%
Op. Margin: 14.0%
Net Margin: 10.8%

Op. margin of 14.0% is down 0.4% YoY — costs are rising relative to revenue. Net margin at 10.8% and gross margin of 38.0% show how much of each revenue dollar survives to profit.

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit