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Innodata Inc (INOD) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

TECHNOLOGY · INFORMATION TECHNOLOGY SERVICES · DATA UPDATED 2026-09-13

Innodata Inc (INOD) operates in the INFORMATION TECHNOLOGY SERVICES industry and is headquartered in Ridgefield Park, United States with about 10,020 employees. Its market capitalization is roughly $2 billion. In the fiscal year ended 2025-12-31, INOD reported $252M in revenue and $32M in net income.

Innodata Inc. operates as a data engineering company in the United States, the United Kingdom, the Netherlands, Canada, Germany, Belgium, and internationally. The company operates through three segments: Digital Data Solutions (DDS), Synodex, and Agility.

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INOD Revenue & Earnings History — Annual Income Statement

Income statement	TTM → 2026-06-30	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Total Revenue	$317M	$252M	$170M	$87M	$79M	$70M	$58M	$56M	$57M	$61M	$63M	$59M	$59M	$64M	$87M	$74M	$62M	$79M	$75M	$68M	$41M
Gross Profit	$135M	$100M	$67M	$32M	$28M	$26M	$20M	$19M	$19M	$15M	$16M	$15M	$15M	$17M	$30M	$24M	$14M	$25M	$21M	$19M	$7M
Gross Margin %	42.6%	39.7%	39.3%	36.8%	35.0%	37.6%	34.1%	33.4%	32.3%	24.8%	25.5%	24.9%	25.9%	25.8%	34.9%	32.1%	23.1%	31.0%	28.6%	28.3%	16.6%
Operating Income (EBIT)	$54M	$40M	$24M	$1M	($10M)	($2M)	$1M	($1M)	$3M	($5M)	($3M)	($2M)	($1M)	($1M)	$8M	$5M	($1M)	$8M	$5M	$4M	($7M)
Operating Margin %	17.0%	16.0%	14.2%	1.1%	-13.0%	-2.2%	2.0%	-1.4%	4.7%	-8.4%	-5.1%	-3.8%	-1.8%	-1.1%	9.4%	6.3%	-2.3%	10.4%	7.1%	5.7%	-18.2%
Net Income	$46M	$32M	$29M	($1M)	($12M)	($2M)	$1M	($2M)	$0M	($5M)	($6M)	($3M)	($1M)	($11M)	$7M	$4M	($1M)	$7M	$8M	$5M	($7M)
Net Margin %	14.7%	12.8%	16.8%	-1.1%	-15.1%	-2.4%	1.1%	-3.8%	-0.4%	-8.3%	-8.8%	-4.8%	-1.7%	-16.6%	8.6%	6.0%	-1.2%	9.2%	10.1%	6.7%	-17.9%
EBITDA	$68M	$48M	$30M	$5M	($7M)	$1M	$3M	$2M	$5M	($1M)	($2M)	$1M	$2M	($4M)	$11M	$8M	$2M	$12M	$9M	$8M	($4M)
Earnings Per Share (EPS)	$1.32	$0.92	$0.89	$-0.03	$-0.44	$-0.06	$0.02	$-0.08	$-0.01	$-0.20	$-0.22	$-0.11	$-0.04	$-0.43	$0.28	$0.18	$-0.03	$0.28	$0.30	$0.18	$-0.30
Shares Outstanding (M)	35M	35M	32M	28M	27M	27M	26M	26M	26M	26M	26M	25M	25M	25M	26M	25M	25M	26M	25M	25M	24M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

INOD Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement	2026-06-30	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30
Total Revenue	$92M	$90M	$72M	$63M	$58M	$58M	$59M	$52M
Gross Profit	$42M	$39M	$28M	$26M	$23M	$23M	$27M	$22M
Gross Margin %	46.1%	43.4%	38.3%	41.4%	39.8%	39.9%	45.2%	41.8%
Operating Income (EBIT)	$16M	$16M	$11M	$11M	$9M	$8M	$11M	$12M
Operating Margin %	17.2%	18.0%	15.2%	17.2%	15.6%	14.2%	19.0%	22.8%
Net Income	$14M	$15M	$9M	$8M	$7M	$8M	$10M	$17M
Net Margin %	15.6%	16.5%	12.2%	13.3%	12.4%	13.4%	17.4%	33.3%
EBITDA	$22M	$20M	$13M	$13M	$11M	$10M	$13M	$13M
Earnings Per Share (EPS)	$0.41	$0.42	$0.25	$0.24	$0.20	$0.22	$0.31	$0.51
Shares Outstanding (M)	35M	36M	35M	35M	35M	35M	34M	34M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

INOD Free Cash Flow History

Cash flow	TTM → 2026-06-30	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Cash from Operations (CFO)	$233M	$47M	$35M	$6M	($1M)	$5M	$6M	$4M	$4M	$1M	($3M)	$3M	$5M	$1M	$18M	($3M)	$5M	$12M	$5M	$6M	($3M)
Capital Expenditures (CapEx)	$15M	$11M	$8M	$6M	$7M	$4M	$1M	$2M	$2M	$3M	$3M	$1M	$2M	$4M	$7M	$6M	$2M	$2M	$2M	$4M	$2M
Free Cash Flow (FCF)	$219M	$36M	$27M	$0M	($8M)	$1M	$4M	$3M	$2M	($3M)	($5M)	$2M	$3M	($3M)	$11M	($9M)	$3M	$10M	$2M	$2M	($6M)
FCF Margin %	68.9%	14.2%	16.0%	0.4%	-9.8%	1.1%	7.3%	4.7%	2.7%	-4.4%	-8.7%	3.4%	4.4%	-4.9%	12.6%	-12.0%	4.9%	12.5%	2.7%	2.3%	-14.1%
Dividends Paid	—	—	—	—	—	$1M	—	$0M	$0M	$0M	$0M	$0M	$0M	$0M	$0M	$0M	—	—	—	—	—

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

INOD Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow	2026-06-30	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30
Cash from Operations (CFO)	$164M	$37M	$13M	$19M	$4M	$11M	$17M	$11M
Capital Expenditures (CapEx)	$5M	$2M	$3M	$4M	$2M	$2M	$2M	$1M
Free Cash Flow (FCF)	$159M	$35M	$10M	$15M	$3M	$9M	$15M	$10M
FCF Margin %	172.7%	38.7%	13.9%	23.2%	4.3%	14.6%	25.5%	19.0%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

INOD Balance Sheet History

Balance sheet	2026-06-30	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Total Assets	$357M	$169M	$113M	$59M	$48M	$59M	$57M	$49M	$46M	$48M	$48M	$51M	$55M	$50M	$66M	$59M	$52M	$54M	$45M	$38M	$30M
Cash & Cash Equivalents	$240M	$82M	$47M	$14M	$10M	$19M	$18M	$11M	$11M	$11M	$14M	$25M	$24M	$25M	$25M	$11M	$14M	$26M	$14M	$15M	$14M
Total Liabilities	$197M	$62M	$50M	$34M	$30M	$33M	$31M	$27M	$19M	$21M	$17M	$17M	$19M	$14M	$17M	$19M	$13M	$13M	$15M	$15M	$11M
Total Debt (Short + Long-Term)	$4M	$1M	$1M	$1M	$6M	$7M	$7M	$7M	$2M	$8M	$5M	$7M	$9M	$4M	$5M	$4M	$0M	$1M	$1M	$1M	$1M
Total Shareholders' Equity	$160M	$107M	$63M	$26M	$18M	$26M	$30M	$26M	$31M	$31M	$34M	$38M	$39M	$40M	$51M	$41M	$39M	$41M	$30M	$23M	$19M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive INOD viewer.

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