Data and AI-Led Revenue Accelerates“The effort that is required to enable AI for any enterprise is massive,” Kapoor said during the earnings call. ExlService said total operations revenue, which includes both digital operations and AI-led operations, rose 10% year over year. Revenue was $158 million, up 22% year over year, supported by Payment Integrity services, client expansions and new wins. ExlService expects iMerit to contribute approximately $28 million to $32 million of revenue over the final five months of 2026. During the first half, ExlService repurchased 5.8 million shares for $179 million at an average price of $30.90 per share.