EXLSERVICE HOLDINGS, INC. (EXLS) FY2026 Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-04-01 to 2026-06-30

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EXLSERVICE HOLDINGS, INC. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Calculated remaining financing cash flows are purple; remaining operating and investing bundles are gray. Their underlying inflows and outflows are not separately identified. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $64,511,000.00Accrued employee costs → Operating adjustments reconciliation: $39,617,000.00Stock-based compensation expense → Operating adjustments reconciliation: $24,631,000.00Depreciation and amortization expense → Operating adjustments reconciliation: $14,478,000.00Income taxes payable, net → Operating adjustments reconciliation: $11,131,000.00Reduction in the carrying amount of operating lease right-of-use assets → Operating adjustments reconciliation: $7,114,000.00Others, net → Operating adjustments reconciliation: $3,819,000.00Operating adjustments reconciliation → Net cash from operating activities: $23,381,000.00Operating adjustments reconciliation → Accounts receivable: $46,239,000.00Operating adjustments reconciliation → Accounts payable, accrued expenses and other liabilities: $10,524,000.00Operating adjustments reconciliation → Other current and non-current assets: $10,484,000.00Operating adjustments reconciliation → Operating lease liabilities: $6,058,000.00Operating adjustments reconciliation → Remaining operating cash flows, net (calculated): $2,247,000.00Operating adjustments reconciliation → Fair value mark-to-market on investments: $1,552,000.00Operating adjustments reconciliation → Deferred revenue: $304,000.00Operating adjustments reconciliation → Unrealized foreign currency exchange (gain)/loss, net: $1,000.00Proceeds from redemption of investments → investing reconciliation: $57,220,000.00Proceeds from sale of property and equipment → investing reconciliation: $45,000.00investing reconciliation → Purchases of investments: $92,369,000.00investing reconciliation → Purchases of property and equipment: $14,507,000.00investing reconciliation → Investment in equity affiliate: $600,000.00Net cash used in financing activities → financing reconciliation: $56,158,000.00Proceeds from issuance of common stock → financing reconciliation: $833,000.00financing reconciliation → Repayments of borrowings: $36,250,000.00financing reconciliation → Acquisition of treasury stock: $20,617,000.00financing reconciliation → Principal payments of finance lease liabilities: $124,000.00Net cash used in investing activities → investing reconciliation: $50,211,000.00Exchange-rate effect → Cash sources and uses: $471,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $164,778,000.00Net cash from operating activities → Cash sources and uses: $87,892,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $146,772,000.00Cash sources and uses → Net cash used in investing activities: $50,211,000.00Cash sources and uses → Net cash used in financing activities: $56,158,000.00Depreciation and amortization expense: $14,478,000.00Depreciation & amortization+$14.48 MOthers, net: $3,819,000.00Other non-cash items+$3.82 MAccounts payable, accrued expenses and other liabilities: -$10,524,000.00Payables & accrued liabilities−$10.52 MReduction in the carrying amount of operating lease right-of-use assets: $7,114,000.00Operating lease amortization+$7.11 MStock-based compensation expense: $24,631,000.00Stock-based compensation+$24.63 MNet income: $64,511,000.00Net income+$64.51 MOther current and non-current assets: -$10,484,000.00Other operating assets−$10.48 MAccounts receivable: -$46,239,000.00Accounts receivable−$46.24 MDeferred revenue: -$304,000.00Deferred revenue−$304.00 KUnrealized foreign currency exchange (gain)/loss, net: -$1,000.00Unrealized FX gain & loss−$1.00 KAccrued employee costs: $39,617,000.00Accrued employee costs+$39.62 MOperating lease liabilities: -$6,058,000.00Operating lease liabilities−$6.06 MFair value mark-to-market on investments: -$1,552,000.00Investment value change−$1.55 MIncome taxes payable, net: $11,131,000.00Income taxes payable+$11.13 MRemaining operating cash flows, net (calculated): -$2,247,000.00Remaining operating (calculated)−$2.25 MNet cash from operating activities: $87,892,000.00Operating cash+$87.89 MOperating adjustments reconciliation: $100,790,000.00Proceeds from issuance of common stock: $833,000.00Common stock issued+$833.00 KAcquisition of treasury stock: -$20,617,000.00Common stock repurchases−$20.62 MRepayments of borrowings: -$36,250,000.00Debt repaid−$36.25 MPrincipal payments of finance lease liabilities: -$124,000.00Finance lease payments−$124.00 KNet cash used in financing activities: -$56,158,000.00. Cash required to fund net payments.Financing cash−$56.16 Mfinancing reconciliation: $56,991,000.00Purchases of property and equipment: -$14,507,000.00PP&E purchases−$14.51 MProceeds from sale of property and equipment: $45,000.00PP&E sales+$45.00 KInvestment in equity affiliate: -$600,000.00Equity-method investments made−$600.00 KPurchases of investments: -$92,369,000.00Investment purchases−$92.37 MProceeds from redemption of investments: $57,220,000.00Investment sales & maturities+$57.22 MNet cash used in investing activities: -$50,211,000.00. Cash required to fund net payments.Investing cash−$50.21 Minvesting reconciliation: $107,476,000.00Cash sources and uses: $253,141,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $164,778,000.00Beginning cash$164.78 MEnding cash: Cash, cash equivalents, and restricted cash: $146,772,000.00Ending cash$146.77 MExchange-rate effect: $471,000.00FX effect+$471.00 KCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$73.39 MOperating cash − cash spent on PP&ECash flow / Net income1.36×Operating cash flow ÷ net incomeNet cash change−$18.01 MEnding cash − beginning cash
Chart details

EXLSERVICE HOLDINGS, INC. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026

Cash flows for Apr 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Mar 31, 2026. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Mar 31, 2026
164,778,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
87,892,000 US dollars. Net cash provided. The remaining amount is calculated by subtracting the other displayed items from the operating total. This quarter is the year to date less the prior quarter's year to date. The prior quarter reported part of this section under different lines (Deferred income tax benefit), so Deferred income tax benefit cannot be separated for this quarter. It may combine inflows and outflows.
Net income
64,511,000 US dollars
Depreciation and amortization expense
14,478,000 US dollars
Others, net
3,819,000 US dollars
Accounts payable, accrued expenses and other liabilities
negative 10,524,000 US dollars
Reduction in the carrying amount of operating lease right-of-use assets
7,114,000 US dollars
Stock-based compensation expense
24,631,000 US dollars
Other current and non-current assets
negative 10,484,000 US dollars
Accounts receivable
negative 46,239,000 US dollars
Deferred revenue
negative 304,000 US dollars
Unrealized foreign currency exchange (gain)/loss, net
negative 1,000 US dollars
Accrued employee costs
39,617,000 US dollars
Operating lease liabilities
negative 6,058,000 US dollars
Fair value mark-to-market on investments
negative 1,552,000 US dollars
Income taxes payable, net
11,131,000 US dollars
Remaining operating cash flows, net (calculated)
negative 2,247,000 US dollars
Investing activities
negative 50,211,000 US dollars. Net cash used.
Purchases of property and equipment
negative 14,507,000 US dollars
Proceeds from sale of property and equipment
45,000 US dollars
Investment in equity affiliate
negative 600,000 US dollars
Purchases of investments
negative 92,369,000 US dollars
Proceeds from redemption of investments
57,220,000 US dollars
Financing activities
negative 56,158,000 US dollars. Net cash used.
Proceeds from issuance of common stock
833,000 US dollars
Acquisition of treasury stock
negative 20,617,000 US dollars
Repayments of borrowings
negative 36,250,000 US dollars
Principal payments of finance lease liabilities
negative 124,000 US dollars
Operating adjustment reconciliation
100,790,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
financing gross reconciliation
56,991,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
107,476,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
471,000 US dollars
Ending cash on Jun 30, 2026
146,772,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
253,141,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 18,006,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.36×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
87,892,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
14,507,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
73,385,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $23.38M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 87,892,000 US dollars minus 14,507,000 US dollars equals 73,385,000 US dollars.
EXLSERVICE HOLDINGS, INC. (EXLS) FY2026 Q2 Statement of Cash Flows Sankey chart
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