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Companies / Industrials / Innodata Inc.
INOD

Innodata Inc.

IndustrialsBusiness Services & Software
Ticker INODRIDGEFIELD PARK, NJFiscal year ends DecemberBook value per share $5.03Diluted shares 35.1M

Innodata Inc. (Nasdaq: INOD) provides data engineering and AI systems services to technology companies, AI research labs, enterprises and government customers. Its services span training and post-training data development, model alignment, preference optimization, capability and safety evaluation, red teaming, and… From the company’s description.

Over the twelve months to Sep 30, 2026, Innodata Inc. reported revenue of $350.23M, up 46.9% from a year earlier, and net income of $48.47M. Its operating margin was 14.9%, and operations generated $93.36M in cash. In fiscal 2025, it reported revenue of $251.66M, up 47.6% from fiscal 2024, and net income of $32.18M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$251.66MFY2025
+47.6% year over year
Last 12 mo $350.23M
15.84%FY2025
+1.6 percentage points
Last 12 mo 14.95%
$32.18MFY2025
+12.2% year over year
Last 12 mo $48.47M
30.03%FY2025
−15.1 percentage points
Last 12 mo 27.46%
Cash & financing
$46.75MFY2025
+33.5% year over year
Last 12 mo $93.36M
$35.65MFY2025
+30.7% year over year
Last 12 mo $82.83M
—
35.0MFY2025
+8.9% year over year
Last 12 mo 35.1M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Innodata Inc. does

In the company’s own words

Innodata Inc. (Nasdaq: INOD) provides data engineering and AI systems services to technology companies, AI research labs, enterprises and government customers. Its services span training and post-training data development, model alignment, preference optimization, capability and safety evaluation, red teaming, and support for AI deployment and integration. The company reports three segments: Digital Data Solutions (DDS), which provides data and AI services; Synodex, whose platform converts medical records into structured data for insurance and healthcare workflows; and Agility, which provides media intelligence and public relations software. Its customers include organizations in technology, banking, insurance, financial services, digital retailing, and media. In 2025, one DDS customer represented approximately 58% of total revenue. As of December 31, 2025, Innodata employed 10,107 people and operated across more than 70 countries. Founded in 1988, the company developed its AI services from a longstanding data and information-workflow business. Its website is www.innodata.com.

Company details
Sector
Industrials
Industry (SIC)
Business Services & Software
Headquarters
RIDGEFIELD PARK, NJ
Fiscal year end
December
CIK
903651
SIC
7374

Financial performance, year by year

Fiscal 2011–2025 · USD
$-49.14M$59.78M$168.70M$277.62M$386.54M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Innodata Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

228
funds hold it
0 of 35
superinvestors hold it
$510.39M
held by funds, at market
20.7%
of shares held by funds

Largest fund holders · Innodata Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.08%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.03%of fund net assets
Janus Henderson Venture Fund
JAVTX · Janus Investment Fund
0.73%of fund net assets
0.14%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Innodata Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Innodata Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
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