Innodata Inc (INOD) Financial Statements
Industry: Computer Processing & Data Preparation (Services)
In fiscal 2025, Innodata reported revenue of $251.7M, up 47.6% from $170.5M the year before. Net income was $32.2M (a 12.8% net margin), or $0.92 per diluted share. Gross margin was 39.5% and operating margin was 15.8%. Operating activities generated $46.8M of cash, leaving $35.6M of free cash flow. At fiscal year end, Innodata held $168.6M in total assets against $61.5M in total liabilities, including $82.2M of cash and equivalents.
Open the full interactive Innodata financials → Quarterly statements, key ratios, valuation history and price charts.
Innodata Key Stats
| Share Price | $58.38 |
|---|---|
| Market Cap | $2.03B |
| P/E Ratio | 63.5 |
| Revenue YoY Growth | +47.6% |
| 52-Week Range | $34.45 – $121.50 |
| Shares Outstanding | 33.5 million (basic, 2026 Q2) |
Innodata Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $58.2M | $69.8M | $79.0M | $86.8M | $170.5M | $251.7M |
| Cost of Goods Sold | $57.2M | $71.4M | $89.5M | $86.6M | $146.0M | $210.2M |
| Gross Profit | $1.0M | -$1.7M | -$10.5M | $139,000 | $67.1M | $99.5M |
| Operating Income | -$17.6M | -$29.6M | -$48.4M | -$30.8M | $24.3M | $39.9M |
| Pre-Tax Income | $1.0M | -$963,000 | -$10.5M | $139,000 | $24.5M | $41.4M |
| Income Tax | $401,000 | $842,000 | $1.5M | $1.0M | -$4.2M | $9.2M |
| Net Income | $617,000 | -$1.7M | -$11.9M | -$908,000 | $28.7M | $32.2M |
| Diluted EPS | $0.02 | -$0.06 | -$0.44 | -$0.03 | $0.89 | $0.92 |
Innodata Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $62.5M | $72.4M | $90.1M | $92.1M |
| Net Income | $8.3M | $8.8M | $14.9M | $14.4M |
| Diluted EPS | $0.24 | $0.25 | $0.42 | $0.41 |
Innodata Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $17.6M | $18.9M | $9.8M | $13.8M | $46.9M | $82.2M |
| Current Assets | $31.9M | $34.0M | $23.7M | $32.1M | $81.0M | $135.4M |
| Total Assets | $57.3M | $59.2M | $48.0M | $59.4M | $113.4M | $168.6M |
| Current Liabilities | $18.3M | $21.3M | $20.8M | $22.9M | $39.5M | $50.5M |
| Total Long-Term Debt | $8.0M | $7.5M | $6.0M | — | — | — |
| Total Liabilities | $31.0M | $32.8M | $30.0M | $34.4M | $50.1M | $61.5M |
| Shareholders' Equity | $29.6M | $29.9M | $18.8M | $25.7M | $63.5M | $107.1M |
Innodata Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $5.7M | $5.2M | -$1.2M | $5.9M | $35.0M | $46.8M |
| Cash From Investing | -$1.4M | -$4.4M | -$7.0M | -$5.1M | -$7.7M | -$11.1M |
| Cash From Financing | $2.3M | $773,000 | -$307,000 | $2.9M | $6.1M | -$426,000 |
| Free Cash Flow | $4.2M | $783,000 | -$7.7M | $339,000 | $27.3M | $35.6M |
Figures from Innodata's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Innodata financials page for every line item.
Innodata Company Profile
| Ticker | INOD |
|---|---|
| Exchange | Nasdaq |
| Industry | Computer Processing & Data Preparation (Services) |
| Headquarters | Ridgefield Park, New Jersey |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer |
| SEC CIK | 0000903651 |
Frequently Asked Questions
What was Innodata's revenue in fiscal 2025?
Innodata (INOD) reported revenue of $251.7M for fiscal 2025.
What is Innodata's annual revenue history?
Innodata's annual revenue by fiscal year: 2020: $58.2M; 2021: $69.8M; 2022: $79.0M; 2023: $86.8M; 2024: $170.5M; 2025: $251.7M.
What was Innodata's net income in fiscal 2025?
Innodata reported net income of $32.2M for fiscal 2025.
What was Innodata's earnings per share (EPS) in fiscal 2025?
Innodata's diluted EPS was $0.92 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Innodata generate in fiscal 2025?
Innodata generated $35.6M of free cash flow in fiscal 2025.
What was Innodata's revenue last quarter?
In its most recent reported quarter (2026 Q2), Innodata reported revenue of $92.1M.
How many shares of Innodata are outstanding?
Innodata reported a weighted average of 33.5 million basic shares outstanding in 2026 Q2.
What is Innodata's market cap?
Based on its latest closing price, Innodata (INOD) has a market capitalization of about $2.03B.
When does Innodata's fiscal year end?
Innodata's fiscal year end, as registered with the SEC, is December 31.
Where is Innodata headquartered?
Innodata lists its business address in Ridgefield Park, New Jersey in its SEC filings.