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Side-by-side financial comparison of BJs RESTAURANTS INC (BJRI) and ExlService Holdings, Inc. (EXLS). Click either name above to swap in a different company.

ExlService Holdings, Inc. is the larger business by last-quarter revenue ($542.6M vs $355.4M, roughly 1.5× BJs RESTAURANTS INC). ExlService Holdings, Inc. runs the higher net margin — 11.1% vs 3.6%, a 7.5% gap on every dollar of revenue. On growth, ExlService Holdings, Inc. posted the faster year-over-year revenue change (12.7% vs 3.2%). Over the past eight quarters, ExlService Holdings, Inc.'s revenue compounded faster (11.5% CAGR vs 2.6%).

BJ's Restaurants Inc. operates a chain of casual dining restaurants across the United States. Its menu features signature deep-dish pizzas, craft beers, handcrafted cocktails, and a wide range of American comfort food. The brand primarily serves family groups, friend gatherings, and casual diners seeking affordable, high-quality meals in a relaxed, welcoming in-store environment.

Exlservice Holdings, Inc. is a global analytics and digital solutions company serving industries including insurance, healthcare, banking and financial services, media, retail, and others. The company is headquartered in New York and has more than 54,000 professionals in locations throughout the United States, Europe, Asia, Latin America, Australia and South Africa.

BJRI vs EXLS — Head-to-Head

Bigger by revenue
EXLS
EXLS
1.5× larger
EXLS
$542.6M
$355.4M
BJRI
Growing faster (revenue YoY)
EXLS
EXLS
+9.5% gap
EXLS
12.7%
3.2%
BJRI
Higher net margin
EXLS
EXLS
7.5% more per $
EXLS
11.1%
3.6%
BJRI
Faster 2-yr revenue CAGR
EXLS
EXLS
Annualised
EXLS
11.5%
2.6%
BJRI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BJRI
BJRI
EXLS
EXLS
Revenue
$355.4M
$542.6M
Net Profit
$12.6M
$60.2M
Gross Margin
74.5%
38.6%
Operating Margin
3.1%
14.4%
Net Margin
3.6%
11.1%
Revenue YoY
3.2%
12.7%
Net Profit YoY
-24.2%
18.9%
EPS (diluted)
$0.58
$0.38

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BJRI
BJRI
EXLS
EXLS
Q4 25
$355.4M
$542.6M
Q3 25
$365.6M
$529.6M
Q2 25
$348.0M
$514.5M
Q1 25
$501.0M
Q4 24
$325.7M
$481.4M
Q3 24
$349.9M
$472.1M
Q2 24
$337.3M
$448.4M
Q1 24
$436.5M
Net Profit
BJRI
BJRI
EXLS
EXLS
Q4 25
$12.6M
$60.2M
Q3 25
$22.2M
$58.2M
Q2 25
$13.5M
$66.1M
Q1 25
$66.6M
Q4 24
$-2.9M
$50.7M
Q3 24
$17.2M
$53.0M
Q2 24
$7.7M
$45.8M
Q1 24
$48.8M
Gross Margin
BJRI
BJRI
EXLS
EXLS
Q4 25
74.5%
38.6%
Q3 25
75.2%
38.5%
Q2 25
75.0%
37.7%
Q1 25
38.6%
Q4 24
73.4%
38.1%
Q3 24
74.3%
37.8%
Q2 24
74.8%
37.1%
Q1 24
37.4%
Operating Margin
BJRI
BJRI
EXLS
EXLS
Q4 25
3.1%
14.4%
Q3 25
5.8%
14.4%
Q2 25
4.3%
15.8%
Q1 25
15.7%
Q4 24
-0.8%
14.8%
Q3 24
3.8%
14.7%
Q2 24
2.4%
13.7%
Q1 24
14.1%
Net Margin
BJRI
BJRI
EXLS
EXLS
Q4 25
3.6%
11.1%
Q3 25
6.1%
11.0%
Q2 25
3.9%
12.8%
Q1 25
13.3%
Q4 24
-0.9%
10.5%
Q3 24
4.9%
11.2%
Q2 24
2.3%
10.2%
Q1 24
11.2%
EPS (diluted)
BJRI
BJRI
EXLS
EXLS
Q4 25
$0.58
$0.38
Q3 25
$0.97
$0.36
Q2 25
$0.58
$0.40
Q1 25
$0.40
Q4 24
$-0.13
$0.31
Q3 24
$0.72
$0.33
Q2 24
$0.32
$0.28
Q1 24
$0.29

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BJRI
BJRI
EXLS
EXLS
Cash + ST InvestmentsLiquidity on hand
$23.8M
$328.4M
Total DebtLower is stronger
$298.6M
Stockholders' EquityBook value
$366.2M
$912.7M
Total Assets
$1.0B
$1.7B
Debt / EquityLower = less leverage
0.33×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BJRI
BJRI
EXLS
EXLS
Q4 25
$23.8M
$328.4M
Q3 25
$26.0M
$390.1M
Q2 25
$19.0M
$353.3M
Q1 25
$331.4M
Q4 24
$18.4M
$340.6M
Q3 24
$16.2M
$325.8M
Q2 24
$18.8M
$276.1M
Q1 24
$246.2M
Total Debt
BJRI
BJRI
EXLS
EXLS
Q4 25
$298.6M
Q3 25
$60.5M
$354.8M
Q2 25
$85.5M
$260.0M
Q1 25
$307.3M
Q4 24
$66.5M
$288.5M
Q3 24
$63.5M
$344.7M
Q2 24
$58.0M
Q1 24
Stockholders' Equity
BJRI
BJRI
EXLS
EXLS
Q4 25
$366.2M
$912.7M
Q3 25
$386.6M
$952.4M
Q2 25
$371.5M
$1.1B
Q1 25
$1.0B
Q4 24
$376.2M
$929.9M
Q3 24
$386.5M
$907.6M
Q2 24
$375.4M
$852.6M
Q1 24
$803.3M
Total Assets
BJRI
BJRI
EXLS
EXLS
Q4 25
$1.0B
$1.7B
Q3 25
$1.0B
$1.7B
Q2 25
$1.0B
$1.7B
Q1 25
$1.7B
Q4 24
$1.0B
$1.6B
Q3 24
$1.0B
$1.6B
Q2 24
$1.0B
$1.5B
Q1 24
$1.4B
Debt / Equity
BJRI
BJRI
EXLS
EXLS
Q4 25
0.33×
Q3 25
0.16×
0.37×
Q2 25
0.23×
0.25×
Q1 25
0.30×
Q4 24
0.18×
0.31×
Q3 24
0.16×
0.38×
Q2 24
0.15×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BJRI
BJRI
EXLS
EXLS
Operating Cash FlowLast quarter
$117.4M
Free Cash FlowOCF − Capex
$106.5M
FCF MarginFCF / Revenue
19.6%
Capex IntensityCapex / Revenue
2.0%
Cash ConversionOCF / Net Profit
1.95×
TTM Free Cash FlowTrailing 4 quarters
$298.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BJRI
BJRI
EXLS
EXLS
Q4 25
$117.4M
Q3 25
$62.3M
$120.7M
Q2 25
$4.6M
$109.4M
Q1 25
$3.2M
Q4 24
$27.3M
$105.3M
Q3 24
$20.2M
$110.1M
Q2 24
$22.3M
$74.9M
Q1 24
$-21.9M
Free Cash Flow
BJRI
BJRI
EXLS
EXLS
Q4 25
$106.5M
Q3 25
$41.9M
$106.4M
Q2 25
$-12.1M
$95.0M
Q1 25
$-9.7M
Q4 24
$7.6M
$95.3M
Q3 24
$735.0K
$97.3M
Q2 24
$448.0K
$62.8M
Q1 24
$-33.1M
FCF Margin
BJRI
BJRI
EXLS
EXLS
Q4 25
19.6%
Q3 25
11.5%
20.1%
Q2 25
-3.5%
18.5%
Q1 25
-1.9%
Q4 24
2.3%
19.8%
Q3 24
0.2%
20.6%
Q2 24
0.1%
14.0%
Q1 24
-7.6%
Capex Intensity
BJRI
BJRI
EXLS
EXLS
Q4 25
2.0%
Q3 25
5.6%
2.7%
Q2 25
4.8%
2.8%
Q1 25
2.6%
Q4 24
6.0%
2.1%
Q3 24
5.6%
2.7%
Q2 24
6.5%
2.7%
Q1 24
2.6%
Cash Conversion
BJRI
BJRI
EXLS
EXLS
Q4 25
1.95×
Q3 25
2.80×
2.08×
Q2 25
0.34×
1.66×
Q1 25
0.05×
Q4 24
2.08×
Q3 24
1.18×
2.08×
Q2 24
2.89×
1.63×
Q1 24
-0.45×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BJRI
BJRI

Segment breakdown not available.

EXLS
EXLS

Insurance$185.8M34%
Healthcare And Life Sciences$142.2M26%
Banking Capital Markets And Diversified Industries$122.6M23%
International Growth Markets$92.0M17%

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