Innodata (INOD) Financials: Revenue & Earnings
$1.63B
Market Cap
30.73
P/E
38.34
Forward P/E
66
Score
INOD price $47.28 +2.54 +5.69%
Stocklytics score rationale: value 53, quality 80, growth 65.
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 63074000 | 60929000 | 57418000 | 55858000 | 58240000 | 69755000 | 79001000 | 86775000 | 170461000 | 251663000 |
Innodata Inc. is a global enterprise specializing in data engineering, with operations spanning the United States, the United Kingdom, the Netherlands, Canada, and other international locations. The firm conducts its business across three distinct divisions: Digital Data Solutions (DDS), Synodex, and Agility. Its Digital Data Solutions (DDS) division furnishes clients with AI-powered software platforms and…
INOD fair value $42.06. Price $47.28. Price is 12% above fair value.
Around fair value, but less expensive than usual. A smaller premium than on 98% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 218.57M. Growth 19.74%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 12.00% (beta 2.0). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 34.38M. Net debt -77.80M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-05 | — | 0.17 | — | 83.32M |
| 2026-08-06 | 0.41 | 0.21 | 92.14M | 86.31M |
| 2026-05-07 | 0.42 | 0.13 | 90.10M | 76.47M |
| 2026-02-26 | 0.25 | 0.21 | 72.38M | 69.46M |
| 2025-11-06 | 0.24 | 0.14 | 62.55M | 69.47M |
| 2025-07-31 | 0.20 | 0.11 | 58.39M | 59.78M |
| 2025-05-08 | 0.22 | 0.17 | 58.34M | 56.35M |
| 2025-02-20 | 0.31 | 0.11 | 59.18M | 53.01M |
| 2024-11-07 | 0.51 | 0.07 | 52.22M | 36.10M |
| 2024-08-08 | -0.00 | -0.00 | 32.55M | 27.59M |
| 2024-05-07 | 0.03 | — | 26.50M | — |
| 2024-02-22 | 0.05 | — | 26.11M | — |
| 2023-11-02 | 0.01 | — | 22.17M | — |
| 2023-08-10 | -0.03 | — | 19.66M | — |
| 2023-05-11 | -0.08 | 1.43 | 18.84M | 43.70M |
| 2023-02-23 | -0.07 | — | 19.38M | — |
| 2022-11-10 | -0.12 | — | 18.45M | — |
| 2022-08-11 | -0.14 | — | 19.99M | — |
| 2022-05-12 | -0.10 | — | 21.19M | — |
| 2022-03-17 | -0.04 | — | 19.29M | — |
| 2021-11-04 | -0.03 | — | 17.45M | — |
| 2021-08-05 | -0.00 | — | 17.05M | — |
| 2021-05-06 | 0.01 | — | 15.97M | — |
| 2021-03-11 | 0.04 | — | 15.29M | — |
| 2020-11-12 | 0.01 | — | 14.55M | — |
| 2020-08-06 | -0.02 | — | 13.86M | — |
| 2020-05-14 | -0.01 | — | 14.53M | — |
| 2020-03-12 | 0.00 | — | 14.68M | — |
| 2019-11-07 | -0.02 | — | 13.85M | — |
| 2019-08-08 | -0.03 | — | 13.64M | — |
| 2019-05-09 | -0.02 | — | 13.69M | — |
| 2019-03-14 | 0.00 | — | 14.98M | — |
| 2018-11-08 | -0.03 | — | 14.05M | — |
| 2018-08-10 | 0.01 | — | 14.27M | — |
| 2018-05-15 | -0.01 | — | 14.12M | — |
| 2018-03-08 | -0.02 | — | 15.66M | — |
| 2017-11-07 | -0.04 | — | 15.02M | — |
| 2017-08-03 | -0.01 | — | 15.30M | — |
| 2017-05-08 | -0.07 | — | 14.95M | — |
| 2017-03-08 | -0.04 | — | 15.67M | — |
Yield 0.00%. Payout ratio 0.00%. Frequency —.
Safety score 37/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. No dividend history was found. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| No data yet. | ||||
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-10-08 | Rogers Michael S | Buy | 2.16K | — | — |
| 2026-09-14 | FORLENZA LOUISE C | Sell | 10.00K | $1.42 | 14.20K |
| 2026-09-14 | FORLENZA LOUISE C | Buy | 10.00K | $1.42 | 14.20K |
| 2026-09-14 | FORLENZA LOUISE C | Sell | 10.00K | $53.54 | 535.40K |
| 2026-09-10 | Rogers Michael S | Other | 0 | — | — |
| 2026-09-04 | FORLENZA LOUISE C | Sell | 8.00K | $1.42 | 11.36K |
| 2026-09-04 | FORLENZA LOUISE C | Buy | 8.00K | $1.42 | 11.36K |
| 2026-09-04 | FORLENZA LOUISE C | Buy | 2.00K | $1.24 | 2.48K |
| 2026-09-04 | FORLENZA LOUISE C | Sell | 10.00K | $55.01 | 550.10K |
| 2026-09-04 | FORLENZA LOUISE C | Sell | 2.00K | $1.24 | 2.48K |
| 2026-07-06 | Chauhan Jayant | Buy | 8.89K | — | — |
| 2026-07-06 | Chauhan Jayant | Other | 0 | — | — |
| 2026-06-16 | ABUHOFF JACK | Buy | 134.06K | $1.24 | 166.23K |
| 2026-06-16 | ABUHOFF JACK | Sell | 16.87K | $107.31 | 1.81M |
| 2026-06-16 | ABUHOFF JACK | Sell | 19.10K | $108.31 | 2.07M |
| 2026-06-16 | ABUHOFF JACK | Sell | 54.41K | $109.55 | 5.96M |
| 2026-06-16 | ABUHOFF JACK | Sell | 41.59K | $110.42 | 4.59M |
| 2026-06-16 | ABUHOFF JACK | Buy | 65.94K | $3.41 | 224.86K |
| 2026-06-16 | ABUHOFF JACK | Sell | 42.87K | $111.50 | 4.78M |
| 2026-06-16 | ABUHOFF JACK | Sell | 23.59K | $112.39 | 2.65M |
| 2026-06-16 | ABUHOFF JACK | Sell | 1.56K | $113.16 | 176.76K |
| 2026-06-16 | ABUHOFF JACK | Sell | 134.06K | $1.24 | 166.23K |
| 2026-06-16 | ABUHOFF JACK | Sell | 65.94K | $3.41 | 224.86K |
| 2026-06-15 | ABUHOFF JACK | Buy | 94.06K | $3.41 | 320.74K |
| 2026-06-15 | ABUHOFF JACK | Sell | 12.01K | $103.49 | 1.24M |
| 2026-06-15 | ABUHOFF JACK | Sell | 15.94K | $104.64 | 1.67M |
| 2026-06-15 | ABUHOFF JACK | Sell | 25.65K | $105.81 | 2.71M |
| 2026-06-15 | ABUHOFF JACK | Sell | 32.91K | $106.52 | 3.51M |
| 2026-06-15 | ABUHOFF JACK | Sell | 6.24K | $107.35 | 669.86K |
| 2026-06-15 | ABUHOFF JACK | Sell | 1.30K | $108.50 | 141.05K |
| 2026-06-15 | ABUHOFF JACK | Sell | 94.06K | $3.41 | 320.74K |
| 2026-06-04 | Callahan Don | Buy | 1.48K | — | — |
| 2026-06-04 | Clarke Richard D | Buy | 1.48K | — | — |
| 2026-06-04 | Massey Stewart R | Buy | 1.48K | — | — |
| 2026-06-04 | FORLENZA LOUISE C | Buy | 1.48K | — | — |
| 2026-06-02 | MISHRA ASHOK | Buy | 26.67K | $43.01 | 1.15M |
| 2026-06-02 | MISHRA ASHOK | Sell | 10.30K | $113.75 | 1.17M |
| 2026-06-02 | MISHRA ASHOK | Sell | 15.22K | $114.67 | 1.74M |
| 2026-06-02 | MISHRA ASHOK | Sell | 1.15K | $115.37 | 132.68K |
| 2026-06-02 | MISHRA ASHOK | Sell | 4.52K | $113.89 | 515.24K |
| 2026-06-02 | MISHRA ASHOK | Sell | 7.48K | $114.60 | 856.75K |
| 2026-06-02 | MISHRA ASHOK | Sell | 26.67K | $43.01 | 1.15M |
| 2026-05-29 | Espineli Marissa B | Buy | 8.00K | $43.01 | 344.08K |
| 2026-05-29 | Espineli Marissa B | Buy | 11.67K | $3.41 | 39.78K |
| 2026-05-29 | Espineli Marissa B | Sell | 12.02K | $105.45 | 1.27M |
| 2026-05-29 | Espineli Marissa B | Sell | 6.04K | $106.36 | 642.31K |
| 2026-05-29 | Espineli Marissa B | Sell | 1.61K | $107.35 | 172.62K |
| 2026-05-29 | Espineli Marissa B | Sell | 8.00K | $43.01 | 344.08K |
| 2026-05-29 | Espineli Marissa B | Sell | 11.67K | $3.41 | 39.78K |
| 2026-05-29 | ABUHOFF JACK | Buy | 105.59K | $4.99 | 526.87K |
| 2026-05-29 | ABUHOFF JACK | Sell | 7.40K | $100.51 | 743.77K |
| 2026-05-29 | ABUHOFF JACK | Sell | 8.70K | $101.51 | 883.24K |
| 2026-05-29 | ABUHOFF JACK | Sell | 15.68K | $102.54 | 1.61M |
| 2026-05-29 | ABUHOFF JACK | Sell | 39.85K | $103.53 | 4.13M |
| 2026-05-29 | ABUHOFF JACK | Sell | 18.29K | $104.32 | 1.91M |
| 2026-05-29 | ABUHOFF JACK | Sell | 9.16K | $105.49 | 965.97K |
| 2026-05-29 | ABUHOFF JACK | Sell | 5.20K | $106.42 | 552.85K |
| 2026-05-29 | ABUHOFF JACK | Sell | 1.32K | $107.44 | 141.39K |
| 2026-05-29 | ABUHOFF JACK | Sell | 105.59K | $4.99 | 526.87K |
| 2026-05-22 | ABUHOFF JACK | Buy | 38.06K | $4.99 | 189.90K |
| 2026-05-22 | ABUHOFF JACK | Sell | 36.76K | $100.37 | 3.69M |
| 2026-05-22 | ABUHOFF JACK | Sell | 1.30K | $101.07 | 131.39K |
| 2026-05-22 | ABUHOFF JACK | Sell | 38.06K | $4.99 | 189.90K |
| 2026-05-21 | FORLENZA LOUISE C | Buy | 18.00K | $1.24 | 22.32K |
| 2026-05-21 | FORLENZA LOUISE C | Sell | 8.00K | $95.48 | 763.84K |
| 2026-05-21 | FORLENZA LOUISE C | Sell | 8.74K | $93.51 | 816.90K |
| 2026-05-21 | FORLENZA LOUISE C | Sell | 764 | $94.29 | 72.04K |
| 2026-05-21 | FORLENZA LOUISE C | Sell | 500 | $95.18 | 47.59K |
| 2026-05-21 | FORLENZA LOUISE C | Sell | 18.00K | $1.24 | 22.32K |
| 2026-05-21 | ABUHOFF JACK | Buy | 150.00K | $4.99 | 748.50K |
| 2026-05-21 | ABUHOFF JACK | Sell | 11.71K | $94.92 | 1.11M |
| 2026-05-21 | ABUHOFF JACK | Sell | 120.97K | $95.50 | 11.55M |
| 2026-05-21 | ABUHOFF JACK | Sell | 14.01K | $96.88 | 1.36M |
| 2026-05-21 | ABUHOFF JACK | Sell | 3.31K | $97.49 | 322.59K |
| 2026-05-21 | ABUHOFF JACK | Sell | 150.00K | $4.99 | 748.50K |
| 2026-05-20 | FORLENZA LOUISE C | Sell | 15.00K | $1.24 | 18.60K |
| 2026-05-20 | FORLENZA LOUISE C | Buy | 15.00K | $1.24 | 18.60K |
| 2026-05-20 | FORLENZA LOUISE C | Sell | 5.00K | $93.02 | 465.10K |
| 2026-05-20 | FORLENZA LOUISE C | Sell | 5.00K | $90.07 | 450.35K |
| 2026-05-20 | FORLENZA LOUISE C | Sell | 5.00K | $93.89 | 469.26K |
| 2026-05-20 | FORLENZA LOUISE C | Sell | 2 | $94.76 | 190 |
| 2026-05-20 | ABUHOFF JACK | Buy | 150.00K | $4.99 | 748.50K |
| 2026-05-20 | ABUHOFF JACK | Sell | 43.55K | $92.51 | 4.03M |
| 2026-05-20 | ABUHOFF JACK | Sell | 68.78K | $93.52 | 6.43M |
| 2026-05-20 | ABUHOFF JACK | Sell | 37.67K | $94.45 | 3.56M |
| 2026-05-20 | ABUHOFF JACK | Sell | 150.00K | $4.99 | 748.50K |
| 2026-05-19 | FORLENZA LOUISE C | Sell | 5.00K | $1.24 | 6.20K |
| 2026-05-19 | FORLENZA LOUISE C | Buy | 5.00K | $1.24 | 6.20K |
| 2026-05-19 | FORLENZA LOUISE C | Sell | 5.00K | $86.10 | 430.50K |
| 2026-05-19 | ABUHOFF JACK | Buy | 2.80K | $4.99 | 13.97K |
| 2026-05-19 | ABUHOFF JACK | Sell | 2.80K | $93.03 | 260.48K |
| 2026-05-19 | ABUHOFF JACK | Sell | 2.80K | $4.99 | 13.97K |
| 2026-05-18 | ABUHOFF JACK | Buy | 150.00K | $4.99 | 748.50K |
| 2026-05-18 | ABUHOFF JACK | Sell | 60.30K | $93.59 | 5.64M |
| 2026-05-18 | ABUHOFF JACK | Sell | 43.29K | $94.28 | 4.08M |
| 2026-05-18 | ABUHOFF JACK | Sell | 39.88K | $95.36 | 3.80M |
| 2026-05-18 | ABUHOFF JACK | Sell | 6.54K | $96.48 | 630.50K |
| 2026-05-18 | ABUHOFF JACK | Sell | 150.00K | $4.99 | 748.50K |
| 2026-05-15 | ABUHOFF JACK | Buy | 100.00K | $4.99 | 499.00K |
| 2026-05-15 | ABUHOFF JACK | Sell | 14.04K | $94.88 | 1.33M |
Latest filed quarter: Q2 2026.
Institutions holding: 311, holders +65 vs prior quarter. Ownership 61.03%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 2.72M | 326.45K | +13.65% | 205.40M |
| VANGUARD CAPITAL MANAGEMENT LLC | 1.39M | 45.77K | +3.40% | 105.10M |
| JANE STREET GROUP, LLC | 1.27M | 1.13M | +795.24% | 96.35M |
| D. E. SHAW & CO., INC. | 878.78K | 855.48K | +3671.58% | 66.42M |
| GEODE CAPITAL MANAGEMENT, LLC | 836.64K | 59.35K | +7.64% | 63.25M |
| STATE STREET CORP | 811.36K | 100.22K | +14.09% | 61.33M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 661.20K | 426.09K | +181.23% | 49.97M |
| DIMENSIONAL FUND ADVISORS LP | 594.71K | 11.47K | +1.97% | 44.95M |
| JUPITER TOPCO LLC | 518.38K | 518.38K | New | 39.18M |
| JPMORGAN CHASE & CO | 479.08K | 369.42K | +336.85% | 36.83M |
| NUVEEN, LLC | 481.74K | 241.20K | +100.27% | 36.41M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 414.70K | 179.59K | +76.38% | 31.34M |
| TWO SIGMA INVESTMENTS, LP | 408.98K | 69.00K | +20.30% | 30.91M |
| DRIEHAUS CAPITAL MANAGEMENT LLC | 404.17K | 404.17K | New | 30.55M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 385.60K | 75.90K | +24.51% | 29.14M |
| MORGAN STANLEY | 379.65K | 78.66K | +26.13% | 28.69M |
| WESTFIELD CAPITAL MANAGEMENT CO LP | 375.09K | 375.09K | New | 28.35M |
| UBS GROUP AG | 367.15K | -39.15K | -9.64% | 27.75M |
| NEXT CENTURY GROWTH INVESTORS LLC | 365.75K | -2.66K | -0.72% | 27.64M |
| JANE STREET GROUP, LLC | 357.60K | 215.20K | +151.12% | 27.03M |
| JANE STREET GROUP, LLC | 353.40K | 211.00K | +148.17% | 26.71M |
| NORTHERN TRUST CORP | 316.83K | 21.02K | +7.11% | 23.95M |
| GOLDMAN SACHS GROUP INC | 311.57K | 63.73K | +25.71% | 23.55M |
| RENAISSANCE TECHNOLOGIES LLC | 294.30K | 294.30K | New | 22.24M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 275.55K | 16.30K | +6.29% | 20.83M |
Innodata Inc. (INOD) trades at $47.28, with a market cap of $1.63B and a trailing P/E of 30.73. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 63074000 | 60929000 | 57418000 | 55858000 | 58240000 | 69755000 | 79001000 | 86775000 | 170461000 | 251663000 |
Insights · Dividends · Forecast · Financials · Learn
$1.63B
Market Cap
30.73
P/E
38.34
Forward P/E
66
Score