# Innodata Inc: overview

INOD · Nasdaq · CIK 903651 · [Technology](/sectors/technology.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/inod.md) · [Financials](/companies/inod/financials.md) · [Filings](/companies/inod/filings.md) · [Insiders](/companies/inod/insiders.md)

Latest reported revenue: [$92.1m](/filings/0001104659-26-092021.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 6, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001104659-26-092021).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [52.2](/filings/0001104659-25-107873.md) | [59.2 d](/filings/0001104659-26-020655.md) | [58.3](/filings/0001104659-26-057270.md) | [58.4](/filings/0001104659-26-092021.md) | [62.6](/filings/0001104659-25-107873.md) | [72.4 d](/filings/0001104659-26-020655.md) | [90.1](/filings/0001104659-26-057270.md) | [92.1](/filings/0001104659-26-092021.md) |
| Gross margin | % | [40.8%](/filings/0001104659-25-107873.md) | [45.2% d](/filings/0001104659-26-020655.md) | [39.9%](/filings/0001410578-25-001113.md) | [39.4%](/filings/0001410578-25-001550.md) | [40.8%](/filings/0001104659-25-107873.md) | [38.3% d](/filings/0001104659-26-020655.md) | not reported | not reported |
| Operating margin | % | [21.9%](/filings/0001104659-25-107873.md) | [19.0% d](/filings/0001104659-26-020655.md) | [14.2%](/filings/0001410578-25-001113.md) | [15.3%](/filings/0001410578-25-001550.md) | [18.8%](/filings/0001104659-25-107873.md) | [15.1% d](/filings/0001104659-26-020655.md) | not reported | not reported |
| Net margin | % | [33.3%](/filings/0001104659-25-107873.md) | [17.4% d](/filings/0001104659-26-020655.md) | [13.3%](/filings/0001104659-26-092021.md) | [12.4%](/filings/0001104659-26-092021.md) | [13.3%](/filings/0001104659-25-107873.md) | [12.2% d](/filings/0001104659-26-020655.md) | [16.5%](/filings/0001104659-26-092021.md) | [15.6%](/filings/0001104659-26-092021.md) |
| Diluted EPS | $ per share | [0.51](/filings/0001104659-25-107873.md) | not reported | [0.22](/filings/0001104659-26-057270.md) | [0.20](/filings/0001104659-26-092021.md) | [0.24](/filings/0001104659-25-107873.md) | not reported | [0.42](/filings/0001104659-26-057270.md) | [0.41](/filings/0001104659-26-092021.md) |
| Free cash flow | $m | [9.9 d](/filings/0001104659-25-107873.md) | [15.0 d](/filings/0001104659-26-020655.md) | [8.4](/filings/0001104659-26-057270.md) | [2.5 d](/filings/0001104659-26-092021.md) | [14.7 d](/filings/0001104659-25-107873.md) | [10.1 d](/filings/0001104659-26-020655.md) | [34.8](/filings/0001104659-26-057270.md) | [124 d](/filings/0001104659-26-092021.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [69.8](/filings/0001410578-23-000153.md) | [79.0](/filings/0001410578-24-000124.md) | [86.8](/filings/0001410578-25-000194.md) | [170](/filings/0001104659-26-020655.md) | [252](/filings/0001104659-26-020655.md) |
| Gross margin | % | not reported | not reported | [36.1%](/filings/0001410578-25-000194.md) | [39.3%](/filings/0001104659-26-020655.md) | [39.5%](/filings/0001104659-26-020655.md) |
| Operating margin | % | not reported | not reported | [0.4%](/filings/0001410578-25-000194.md) | [14.3%](/filings/0001104659-26-020655.md) | [15.8%](/filings/0001104659-26-020655.md) |
| Net margin | % | [(2.4%)](/filings/0001410578-23-000153.md) | [(15.1%)](/filings/0001410578-24-000124.md) | [(1.0%)](/filings/0001410578-25-000194.md) | [16.8%](/filings/0001104659-26-020655.md) | [12.8%](/filings/0001104659-26-020655.md) |
| Diluted EPS | $ per share | [(0.06)](/filings/0001410578-23-000153.md) | [(0.44)](/filings/0001410578-24-000124.md) | [(0.03)](/filings/0001410578-25-000194.md) | [0.89](/filings/0001104659-26-020655.md) | [0.92](/filings/0001104659-26-020655.md) |
| Free cash flow | $m | [0.8](/filings/0001410578-23-000153.md) | [(7.7)](/filings/0001410578-24-000124.md) | [0.3](/filings/0001410578-25-000194.md) | [27.1](/filings/0001104659-26-020655.md) | [35.6](/filings/0001104659-26-020655.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues; Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues; Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/inod/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $205.4m | 2,717,666 |  | Added +326,446 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $105.1m | 1,390,637 |  | Added +45,774 |
| [JANE STREET GROUP, LLC](/funds/1595888.md) | 2026-06-30 | $96.4m | 1,274,821 |  | Added +829,074 |
| [D. E. Shaw & Co., Inc.](/funds/1009207.md) | 2026-06-30 | $66.4m | 878,778 |  | Added +551,710 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $63.2m | 836,643 |  | Added +59,349 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $61.3m | 811,360 |  | Added +100,220 |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $50.0m | 661,200 | Call | Added +69,900 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $44.9m | 594,706 |  | Added +11,467 |
| [Jupiter Topco LLC](/funds/2146052.md) | 2026-06-30 | $39.2m | 518,382 |  | Not compared |
| [JPMORGAN CHASE & CO](/funds/19617.md) | 2026-06-30 | $36.8m | 479,084 |  | Added +369,415 |

## Recent filings

[All 733 filings](/companies/inod/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-30 | 16:26 ET | [8-K/A](/filings/0001104659-26-112351.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001104659-26-112351 |
| 2026-09-15 | 10:45 ET | [8-K](/filings/0001104659-26-107790.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001104659-26-107790 |
| 2026-08-06 | 17:20 ET | [8-K](/filings/0001104659-26-092133.md) | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0001104659-26-092133 |
| 2026-08-06 | 16:15 ET | [10-Q](/filings/0001104659-26-092021.md) | Quarterly report, period 2026-06-30 | 0001104659-26-092021 |
| 2026-08-06 | 16:12 ET | [8-K](/filings/0001104659-26-092010.md) | 2.02 Results of operations; 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001104659-26-092010 |
| 2026-06-17 | 16:38 ET | [8-K](/filings/0001104659-26-075184.md) | 2.02 Results of operations; 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001104659-26-075184 |
| 2026-06-08 | 16:11 ET | [8-K](/filings/0001104659-26-071384.md) | 5.07 Shareholder vote results | 0001104659-26-071384 |
| 2026-05-07 | 17:05 ET | [10-Q](/filings/0001104659-26-057270.md) | Quarterly report, period 2026-03-31 | 0001104659-26-057270 |
| 2026-05-07 | 16:15 ET | [8-K](/filings/0001104659-26-057150.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001104659-26-057150 |
| 2026-04-24 | 08:40 ET | [DEF 14A](/filings/0001104659-26-048201.md) | Proxy statement, period 2026-06-04 | 0001104659-26-048201 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001104659-26-020655.md), filed Feb 26, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/31c3214d-4add-4678-ac88-2f33d065c86e)

## About the filer

- CIK: 903651
- Tickers: INOD
- Exchange: Nasdaq
- SIC code: 7374 Services-Computer Processing & Data Preparation
- State of incorporation: DE
- Filer category: Non-accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 12:03 ET. No prices; not investment advice.