EXLS · 10-Q · 2026Q1 · Full report

Geographic Revenue Concentration

ExlService Holdings, Inc. · 2026-04-28 · Importance 37 · Surprise 6

North America accounted for 83.0% of total revenues for the three months ended March 31, 2026, and U.K. & Europe accounted for 14.5% of revenues. The geographic mix was stable year-over-year (82.9% North America and 15.1% U.K./Europe in Q1 2025), indicating continued concentration in North America. The company’s global delivery network spans India, the Philippines, South Africa, Colombia, Bulgaria, Romania, the U.K., the Czech Republic, Mexico and Ireland, but revenues remain heavily weighted to North America. Geographic concentration implies limited regional diversification of revenue streams in the quarter.

Key facts

• North America generated 83.0% of total revenues for the three months ended March 31, 2026.
• North America generated 82.9% of total revenues for the three months ended March 31, 2025.
• United Kingdom & Europe generated 14.5% of total revenues for the three months ended March 31, 2026.
• United Kingdom & Europe generated 15.1% of total revenues for the three months ended March 31, 2025.