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Innodata Inc.

Innodata Inc.

NASDAQ•INOD
CEO: Mr. Jack S. Abuhoff J.D.
Sector: Technology
Industry: Information Technology Services
Listing Date: 1993-08-10
Innodata Inc. operates as a global data engineering company in the United States, the United Kingdom, the Netherlands, Canada, and internationally. The company operates through three segments: Digital Data Solutions (DDS), Synodex, and Agility. The DDS segment engages in the provision of artificial intelligence (AI) data preparation services; collecting or creating training data; annotating training data; and training AI algorithms for its customers, as well as AI model deployment and integration services. This segment also provides a range of data engineering support services, including data transformation, data curation, data hygiene, data consolidation, data extraction, data compliance, and master data management. The Synodex segment offers an industry platform that transforms medical records into useable digital data with its proprietary data models or client data models. The Agility segment provides an industry platform that offers marketing communications and public relations professionals to target and distribute content to journalists and social media influencers; and to monitor and analyze global news channels, such as print, web, radio, and TV, as well as social media channels. It serves banking, insurance, financial services, technology, digital retailing, and information/media sectors through its professional staff, senior management, and direct sales personnel. The company was formerly known as Innodata Isogen, Inc. and changed its name to Innodata Inc. in June 2012. Innodata Inc. was incorporated in 1988 and is headquartered in Ridgefield Park, New Jersey.
Contact Information
55 Challenger Road, Suite 202, Ridgefield Park, NJ, 07660, United States
201-371-8000
www.innodata.com
Market Cap
$1.67B
P/E (TTM)
49.7
20.3
Dividend Yield
--
52W High
$93.85
52W Low
$26.41
52W Range
39%
Rank54Top 66.0%
3.1
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.1 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2025 Data

Revenue

$62.55M+19.77%
4-Quarter Trend

EPS

$0.26-56.67%
4-Quarter Trend

FCF

$14.54M+46.64%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Nine-Month Revenue Surge Total revenues reached $179.3M, marking a 61% increase over prior period, driven by DDS segment growth.
Net Income Improvement Attributable net income grew to $23.3M for nine months, reflecting improved profitability across core segments.
Strong Operating Cash Flow Cash provided by operating activities totaled $33.9M for nine months, nearly doubling prior period results.
DDS Segment Dominance DDS segment revenue grew 74% to $156.2M for nine months, supporting overall company expansion efforts.

Risk Factors

DDS Customer Concentration One DDS customer accounted for 58% of nine-month revenues, posing significant revenue dependency risk.
Securities Class Action Risk Pending Securities Class Action litigation outcome is uncertain; potential adverse financial impact cannot be assured.
Philippine Judgment Exposure Active litigation involves potential $5.6M judgment plus accrued interest from inactive Philippine subsidiary.
Synodex Margin Decline Synodex gross margin fell to 19% (9M 2025) due to lower revenues and higher direct operating costs.

Outlook

Liquidity Position Solid Cash and equivalents stand at $73.9M; management expects sufficient liquidity for at least next 12 months.
Capital Expenditure Planning Anticipated capital expenditures for next 12 months approximate $11.0M, focused on software and infrastructure upgrades.
AI Platform Development Developing additional AI-enabled industry platform for financial services institutions based on core competencies.
Tax Legislation Evaluation Management continues evaluating potential impact of recent OBBBA legislation on deferred tax assets and rate.

Peer Comparison

Revenue (TTM)

DXC Technology CompanyDXC
$12.71B
-4.1%
Concentrix CorporationCNXC
$9.72B
+3.4%
ASGN IncorporatedASGN
$3.99B
-4.9%

Gross Margin (Latest Quarter)

Clarivate PlcCLVT
65.0%
-1.3pp
Vicor CorporationVICR
57.5%
+8.4pp
Sapiens International Corporation N.V.SPNS
43.7%
-1.4pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
VICR$5.00B60.413.8%1.0%
GLOB$2.97B30.14.8%14.2%
DXC$2.72B7.212.0%34.6%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
1.9%
Moderate Growth
4Q Net Income CAGR
-6.8%
Declining Profitability
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Feb 19, 2026
|
EPS:$0.22
|
Revenue:-
Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Nov 6, 2025|
    Revenue: $62.55M+19.8%
    |
    EPS: $0.26-56.7%
    Beat
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Jul 31, 2025|
    Revenue: $58.39M+79.4%
    |
    EPS: $0.23-46100.0%
    Beat
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 9, 2025|
    Revenue: $58.34M+120.1%
    |
    EPS: $0.25+733.3%
    Beat
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 24, 2025|
    Revenue: $170.46M+96.4%
    |
    EPS: $0.98+3366.7%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Nov 7, 2024|
    Revenue: $52.22M+135.6%
    |
    EPS: $0.60+5900.0%
    Beat
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Aug 9, 2024|
    Revenue: $32.55M+65.6%
    |
    EPS: $-0.00-98.3%
    Beat
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 8, 2024|
    Revenue: $26.50M+40.7%
    |
    EPS: $0.03-137.5%
    Miss
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Mar 4, 2024|
    Revenue: $86.78M+9.8%
    |
    EPS: $-0.03+93.2%
    Miss