For the year ending 2025-12-31, EXLS had -$5,429K decrease in cash & cash equivalents over the period. $298,119K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 251,019 |
| Depreciation and amortization expense | 59,248 |
| Stock-based compensation expense | 79,469 |
| Reduction in the carrying amount of operating lease right-of-use assets | 24,639 |
| Fair value mark-to-market on investments | 1,766 |
| Unrealized foreign currency exchange gain, net | 13,948 |
| Deferred income tax benefit | -15,063 |
| Others, net | -3,882 |
| Accounts receivable | 35,990 |
| Other current and non-current assets | 5,872 |
| Income taxes payable, net | -1,611 |
| Accounts payable, accrued expenses and other liabilities | 11,229 |
| Deferred revenue | -4,127 |
| Accrued employee costs | 24,531 |
| Payment of contingent consideration | 0 |
| Operating lease liabilities | -24,923 |
| Net cash provided by operating activities | 350,717 |
| Purchases of property and equipment | 52,598 |
| Proceeds from sale of property and equipment | 351 |
| Business acquisition (net of cash acquired) | 0 |
| Purchases of investments | 313,511 |
| Proceeds from redemption of investments | 317,672 |
| Investment in equity affiliate | 1,174 |
| Net cash used for investing activities | -49,260 |
| Principal payments of finance lease liabilities | 511 |
| Proceeds from borrowings | 235,000 |
| Repayments of borrowings | 225,000 |
| Payment of contingent consideration | 0 |
| Acquisition of treasury stock | 328,490 |
| Proceeds from issuance of common stock | 6,237 |
| Payment of debt issuance costs | 0 |
| Net cash used for financing activities | -312,764 |
| Effect of exchange rate changes | 5,878 |
| Net increase/(decrease) in cash, cash equivalents and restricted cash | -5,429 |
| Cash, cash equivalents and restricted cash at the beginning of the period | 171,398 |
| Cash, cash equivalents and restricted cash at the end of the period | 165,969 |
ExlService Holdings, Inc. (EXLS)
ExlService Holdings, Inc. (EXLS)