The financials
Innodata Inc. by the numbers
Innodata Inc. (INOD) reported revenue of $90M in Q1 2026 (quarter ended March 31, 2026), up 54% from the same quarter a year earlier. That came with a gross margin of 44% and net income of $15M (17% of revenue). For the full year FY2025, revenue was $252M (+48% year on year) and net income $32M. Its largest region in 2026-Q1 was US at $79M, 88% of the disclosed total, just ahead of CA at 3.4%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $90M | $58M | +54% |
| Gross profit | $40M | $23M | +71% |
| Operating income | $17M | $8.3M | +110% |
| Net income | $15M | $7.8M | +91% |
| Diluted EPS | $0.42 | $0.22 | +91% |
| Geographic | Revenue | Share |
|---|---|---|
| US | $79M | 88% |
| CA | $3.1M | 3.4% |
| GB | $2.8M | 3.1% |
| Other Principally Europe | $2.6M | 2.9% |
| NL | $2.4M | 2.7% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Q1 2026Total $90.1M (+44%)
US grew +62% year on yearCA +12% year on year
Segment Latestquarter on quarteryear on year
- US$79.2M$79.2MQoQ +50%year on year +62%+50%+62%
- CA$3.1M$3.1MQoQ +1.1%year on year +12%+1.1%+12%
- GB$2.8M$2.8MQoQ +1.6%year on year +15%+1.6%+15%
- Other Principally Europe$2.6M$2.6MQoQ +19%year on year +22%+19%+22%
- NL$2.4M$2.4MQoQ +31%year on year +13%+31%+13%
Information Technology Services
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