INNODATA INC. financials
Source: EDGAR filings · Built 2026-06-02T03:18:31Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 35.65M | 27.12M | 339.00K | -7.74M | 783.00K | 4.25M |
| EBITDA | 46.76M | 30.13M | 5.03M | — | — | — |
| Working Capital | 84.86M | 41.49M | 9.14M | 2.87M | 12.66M | 13.52M |
| Net Debt | -77.80M | -42.24M | -8.32M | 893.00K | -5.10M | -2.05M |
| Gross Margin | 39.53% | 39.35% | 36.06% | — | — | — |
| Operating Margin | 15.84% | 14.28% | 0.37% | — | — | — |
| Net Margin | 12.79% | 16.81% | -1.05% | -15.11% | -2.40% | 1.06% |
| Return on Equity (ROE) | 30.04% | 45.15% | -3.53% | -63.58% | -5.59% | 2.08% |
| Return on Assets (ROA) | 19.09% | 25.26% | -1.53% | -24.84% | -2.83% | 1.08% |
| Current Ratio | 2.68× | 2.05× | 1.40× | 1.14× | 1.59× | 1.74× |
| Debt-to-Equity | 0.04× | 0.07× | 0.21× | 0.57× | 0.46× | 0.52× |
| Effective Tax Rate | 22.32% | -17.11% | 739.57% | -14.52% | -87.44% | 38.37% |
| Cash Conversion Ratio | 1.45× | 1.22× | -6.50× | 0.10× | -3.08× | 9.17× |
| Accruals Ratio | -0.09× | -0.05× | -0.11× | -0.22× | -0.12× | -0.09× |
| SBC % of Revenue | 4.43% | 2.35% | 4.64% | 4.16% | 2.51% | 1.57% |
| CapEx Coverage | 4.21× | 4.50× | 1.06× | -0.19× | 1.18× | 4.00× |
| Free Cash Flow Per Share | $1.02 | $0.84 | $0.01 | $-0.28 | $0.03 | $0.17 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 55.38× | 44.40× | — | — | — | 265.00× |
| P/FCF | 50.06× | 46.89× | 672.73× | — | 201.36× | 31.93× |
| FCF Yield | 2.00% | 2.13% | 0.15% | — | 0.50% | 3.13% |
| EV / EBITDA | 33.57× | 39.65× | 44.84× | — | — | — |
| P/S | 6.55× | 7.26× | 2.70× | 1.03× | 2.31× | 2.35× |
| P/B | 15.38× | 19.49× | 9.11× | 4.34× | 5.37× | 4.61× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 251.66M | 170.46M | 86.78M | — | — | — |
| Revenues | — | — | 86.78M | 79.00M | 69.75M | 58.24M |
| Gross Profit | 99.48M | 67.07M | 31.29M | — | — | — |
| Selling, General and Administrative Expense | 59.61M | 42.74M | 30.98M | 37.94M | 27.91M | 18.66M |
| Operating Income (Loss) | 39.87M | 24.34M | 318.00K | — | — | — |
| Income Tax Expense (Benefit) | 9.24M | -4.19M | 1.03M | 1.52M | 842.00K | 401.00K |
| Net Income (Loss) Attributable to Parent | 32.18M | 28.66M | -908.00K | -11.94M | -1.67M | 617.00K |
| Earnings Per Share, Basic | $1.01 | $0.98 | $-0.03 | $-0.44 | $-0.06 | $0.03 |
| Weighted Average Number of Shares Outstanding, Basic | 31.81M | 29.16M | 28.13M | 27.28M | 26.63M | 24.61M |
| Earnings Per Share, Diluted | $0.92 | $0.89 | $-0.03 | $-0.44 | $-0.06 | $0.02 |
| Weighted Average Number of Shares Outstanding, Diluted | 35.02M | 32.18M | 28.13M | 27.28M | 26.63M | 25.57M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 82.23M | 46.90M | 13.81M | 9.79M | 18.90M | 17.57M |
| Assets, Current | 135.39M | 81.00M | 32.08M | 23.68M | 33.96M | 31.86M |
| Assets | 168.59M | 113.45M | 59.43M | 48.04M | 59.22M | 57.25M |
| Long-term Debt | — | — | — | 5.96M | 7.50M | 7.99M |
| Liabilities, Current | 50.53M | 39.51M | 22.93M | 20.82M | 21.30M | 18.35M |
| Long-term Debt, Excluding Current Maturities | — | — | — | 5.08M | 6.22M | 6.28M |
| Liabilities | 61.53M | 50.06M | 34.44M | 30.00M | 32.81M | 31.00M |
| Stockholders' Equity Attributable to Parent | 107.14M | 63.47M | 25.70M | 18.77M | 29.93M | 29.64M |
| Common Stock, Shares, Outstanding | 32.34M | 31.30M | 28.75M | 27.41M | 27.16M | 25.80M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 46.75M | 34.86M | 5.90M | -1.22M | 5.15M | 5.66M |
| Payments to Acquire Property, Plant, and Equipment | 11.10M | 7.74M | 5.56M | 6.53M | 4.37M | 1.41M |
| Net Cash Provided by (Used in) Investing Activities | -11.10M | -7.74M | -5.07M | -7.03M | -4.37M | -1.38M |
| Net Cash Provided by (Used in) Financing Activities | -426.00K | 6.21M | 2.87M | -307.00K | 773.00K | 2.31M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 34.84M | 10.06M | 25.59M | 11.04M | 8.44M | 14.96M |
| EBITDA | — | 12.91M | — | — | 9.84M | 12.83M |
| Working Capital | 104.02M | 84.86M | 75.26M | 65.57M | 53.21M | 41.49M |
| Net Debt | -113.27M | -77.80M | -69.18M | -55.57M | -52.11M | -42.24M |
| Gross Margin | — | 38.27% | 40.77% | 39.43% | 39.85% | 45.21% |
| Operating Margin | — | 15.10% | 18.80% | 15.26% | 14.18% | 19.02% |
| Net Margin | 16.54% | 12.20% | 13.34% | 12.36% | 13.35% | 17.40% |
| Return on Equity (ROE) | 11.62% | 8.24% | 8.57% | 8.32% | 10.32% | 16.22% |
| Return on Assets (ROA) | 7.08% | 5.24% | 5.46% | 5.44% | 6.22% | 9.08% |
| Current Ratio | 2.49× | 2.68× | 2.69× | 2.87× | 2.36× | 2.05× |
| Debt-to-Equity | 0.03× | 0.04× | 0.05× | 0.05× | 0.06× | 0.07× |
| Effective Tax Rate | 14.09% | 22.24% | 31.50% | 23.91% | 7.29% | 9.21% |
| Cash Conversion Ratio | 2.50× | 1.46× | 4.06× | 2.09× | 1.39× | 1.67× |
| Accruals Ratio | -0.11× | -0.02× | -0.17× | -0.06× | -0.02× | -0.06× |
| SBC % of Revenue | 6.56% | 3.92% | 13.28% | 9.59% | 4.94% | 1.89% |
| CapEx Coverage | 15.39× | 4.57× | 4.09× | 3.72× | 4.59× | 7.74× |
| Free Cash Flow Per Share | $0.98 | $0.29 | $0.73 | $0.31 | $0.24 | $0.47 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 34.79× | 55.99× | 77.07× | 40.33× | 33.55× | 44.91× |
| P/S | 4.45× | 6.55× | 10.30× | 7.15× | 5.63× | 7.26× |
| P/B | 9.83× | 15.38× | 25.23× | 18.81× | 15.10× | 19.49× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 90.10M | 72.38M | 62.55M | 58.39M | 58.34M | 59.18M |
| Gross Profit | — | 27.70M | 25.50M | 23.02M | 23.25M | 26.76M |
| Selling, General and Administrative Expense | 22.89M | 16.77M | 13.74M | 14.11M | 14.98M | 15.50M |
| Operating Income (Loss) | — | 10.93M | 11.76M | 8.91M | 8.27M | 11.25M |
| Income Tax Expense (Benefit) | 2.44M | 2.53M | 3.84M | 2.27M | 612.00K | 1.04M |
| Net Income (Loss) Attributable to Parent | 14.90M | 8.83M | 8.34M | 7.22M | 7.79M | 10.30M |
| Earnings Per Share, Basic | $0.46 | $0.27 | $0.26 | $0.23 | $0.25 | $0.34 |
| Weighted Average Number of Shares Outstanding, Basic | 32.63M | 31.81M | 31.85M | 31.79M | 31.43M | 29.16M |
| Earnings Per Share, Diluted | $0.42 | $0.25 | $0.24 | $0.20 | $0.22 | $0.34 |
| Weighted Average Number of Shares Outstanding, Diluted | 35.57M | 35.02M | 35.27M | 35.30M | 34.95M | 32.18M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 117.37M | 82.23M | 73.86M | 59.79M | 56.56M | 46.90M |
| Assets, Current | 173.79M | 135.39M | 119.78M | 100.69M | 92.35M | 81.00M |
| Assets | 210.41M | 168.59M | 152.92M | 132.62M | 125.21M | 113.45M |
| Liabilities, Current | 69.77M | 50.53M | 44.52M | 35.12M | 39.13M | 39.51M |
| Liabilities | 82.23M | 61.53M | 55.68M | 45.98M | 49.81M | 50.06M |
| Stockholders' Equity Attributable to Parent | 128.26M | 107.14M | 97.32M | 86.72M | 75.48M | 63.47M |
| Common Stock, Shares, Outstanding | 32.66M | 32.34M | 31.86M | 31.84M | 31.75M | 31.30M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 37.26M | 12.88M | 33.87M | 15.10M | 10.79M | 17.18M |
| Payments to Acquire Property, Plant, and Equipment | 2.42M | 2.82M | 8.29M | 4.06M | 2.35M | 2.22M |
| Net Cash Provided by (Used in) Investing Activities | -2.42M | -2.82M | -8.29M | -4.06M | -2.35M | -2.22M |
| Net Cash Provided by (Used in) Financing Activities | 901.00K | -1.57M | 1.14M | 1.24M | 938.00K | 6.01M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (INOD CIK 0000903651),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.