ExlService Holdings, Inc. (EXLS) Financial Statements (2025 and earlier)
Company Profile
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2024
| 12/31/2023
| 12/31/2022
| 12/31/2021
| 12/31/2020
| 12/31/2019
| 12/31/2018
|
|
ASSETS |
|
Current Assets |
|
Cash, cash equivalents, and short-term investments | | 290,834 | 297,696 | 313,875 | 402,816 | 321,403 | 280,370 |
|
Cash and cash equivalent | | 136,953 | 118,669 | 135,337 | 218,530 | 119,165 | 95,881 |
|
Short-term investments | | 153,881 | 179,027 | 178,538 | 184,286 | 202,238 | 184,489 |
|
Restricted cash and investments | | 4,062 | 4,897 | 6,174 | 4,690 | 5,453 | 5,608 |
|
Receivables | | 308,108 | 259,222 | 194,232 | 147,635 | 171,864 | 164,752 |
|
Prepaid expense | | | | 29,854 | 17,028 | 17,944 | 11,326 |
|
Other current assets | | 76,669 | 50,979 | 34,009 | 37,109 | 24,594 | 28,240 |
|
Other undisclosed current assets | | | | | | | 9,639 |
|
Total current assets: | | 679,673 | 612,794 | 578,144 | 609,278 | 541,258 | 499,935 |
|
Noncurrent Assets |
|
Finance lease, right-of-use asset, after accumulated amortization | | 777 | 500 | 346 | 471 | | ✕ |
|
Operating lease, right-of-use asset | | 64,856 | 55,347 | 76,692 | 91,918 | 86,396 | ✕ |
|
Property, plant and equipment | | 99,596 | 82,328 | 85,662 | 18,371 | 79,142 | 73,510 |
|
Long-term investments and receivables | | 4,430 | 34,779 | 3,004 | 2,957 | 2,484 | 2,753 |
|
Long-term investments | | 4,430 | 34,779 | 3,004 | 2,957 | 2,484 | 2,753 |
|
Intangible assets, net (including goodwill) | | 455,803 | 470,456 | 484,984 | 408,682 | 423,511 | 445,479 |
|
Goodwill | | 405,639 | 405,637 | 403,902 | 349,088 | 349,529 | 349,984 |
|
Intangible assets, net (excluding goodwill) | | 50,164 | 64,819 | 81,082 | 59,594 | 73,982 | 95,495 |
|
Contract with customer, asset, after allowance for credit loss | | | | | 2,623 | | |
|
Capitalized contract cost, net | | | | | 2,743 | | |
|
Regulated entity, other noncurrent assets | | | | | 804 | | |
|
Restricted cash and investments | | 4,386 | 2,055 | 2,299 | 2,299 | 2,426 | 2,642 |
|
Deferred income tax assets | | 82,927 | 55,791 | 21,404 | 7,749 | 11,855 | ✕ |
|
Other noncurrent assets | | 49,524 | 32,069 | 30,369 | 32,099 | 36,016 | 31,015 |
|
Other undisclosed noncurrent assets | | | | | 67,863 | | 6,602 |
|
Total noncurrent assets: | | 762,299 | 733,325 | 704,760 | 638,579 | 641,830 | 562,001 |
|
TOTAL ASSETS: | | 1,441,972 | 1,346,119 | 1,282,904 | 1,247,857 | 1,183,088 | 1,061,936 |
|
LIABILITIES AND EQUITY |
|
Liabilities |
|
Current Liabilities |
|
Accounts payable and accrued liabilities | | 117,955 | 103,141 | 197,183 | 144,535 | 150,645 | 125,727 |
|
Taxes payable | ✕ | ✕ | ✕ | 901 | 3,488 | 1,432 | 1,012 |
|
Employee-related liabilities | ✕ | ✕ | ✕ | 114,285 | 67,645 | 71,626 | 54,893 |
|
Accounts payable | | 5,055 | 7,789 | 6,873 | 6,992 | 6,564 | 5,653 |
|
Accrued liabilities | | 112,900 | 95,352 | 75,124 | 66,410 | 71,023 | 64,169 |
|
Deferred revenue | | 12,318 | 18,782 | 20,000 | 32,649 | 13,436 | ✕ |
|
Debt | | 65,191 | 30,000 | 260,016 | 25,000 | 65,268 | 21,646 |
|
Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 7,722 |
|
Other undisclosed current liabilities | | 130,939 | 126,023 | 18,487 | 18,894 | | |
|
Total current liabilities: | | 326,403 | 277,946 | 495,686 | 221,078 | 229,349 | 155,095 |
|
Noncurrent Liabilities |
|
Long-term debt and lease obligation | | 135,000 | 220,000 | 68,506 | 286,835 | 269,270 | 263,556 |
|
Long-term debt, excluding current maturities | | 135,000 | 220,000 | | 201,961 | 194,131 | 263,241 |
|
Capital lease obligations | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 315 |
|
Finance lease, liability | | | | | | 430 | ✕ |
|
Liabilities, other than long-term debt | | 91,132 | 89,994 | 25,556 | 20,772 | 14,468 | 16,521 |
|
Accounts payable and accrued liabilities | | | | 1,790 | 1,790 | 1,790 | |
|
Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 945 |
|
Deferred rent credit | | | | | | | 7,834 |
|
Deferred income tax liabilities | | 1,495 | 547 | 965 | 847 | 966 | ✕ |
|
Liability for uncertainty in income taxes | | | | | | | 804 |
|
Liability, pension and other postretirement and postemployment benefits | | | | | | | 3,616 |
|
Other liabilities | | 31,462 | 41,292 | 22,801 | 18,135 | 11,712 | 247 |
|
Operating lease, liability | | 58,175 | 48,155 | 68,506 | 84,874 | 74,709 | ✕ |
|
Derivative instruments and hedges, liabilities | | | | | | | 3,075 |
|
Other undisclosed noncurrent liabilities | | | | | | | 8,445 |
|
Total noncurrent liabilities: | | 226,132 | 309,994 | 94,062 | 307,607 | 283,738 | 288,522 |
|
Total liabilities: | | 552,535 | 587,940 | 589,748 | 528,685 | 513,087 | 443,617 |
|
Equity |
|
Equity, attributable to parent | | 889,437 | 758,179 | 693,156 | 719,172 | 670,001 | 618,069 |
|
Common stock | | 203 | 40 | 40 | 39 | 39 | 38 |
|
Treasury stock, value | | (575,417) | (441,931) | (369,289) | (268,238) | (188,289) | (146,925) |
|
Additional paid in capital | | 508,028 | 445,108 | 395,742 | 420,976 | 391,240 | 364,179 |
|
Accumulated other comprehensive loss | | (127,040) | (144,143) | (89,474) | (74,984) | (84,892) | (83,467) |
|
Retained earnings | | 1,083,663 | 899,105 | 756,137 | 641,379 | 551,903 | 484,244 |
|
Equity, attributable to noncontrolling interest | | | | | | | 250 |
|
Total equity: | | 889,437 | 758,179 | 693,156 | 719,172 | 670,001 | 618,319 |
|
TOTAL LIABILITIES AND EQUITY: | | 1,441,972 | 1,346,119 | 1,282,904 | 1,247,857 | 1,183,088 | 1,061,936 |
Income Statement (P&L) ($ in thousands)
Comprehensive Income ($ in thousands)
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission
(SEC)
through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from
the 10-K and 10-Q reports submitted
to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP
Taxonomy.
Please review the original filings
for a more detailed information.