Innodata Inc. is a global data engineering company in the United States, the United Kingdom, the Netherlands, Canada, and internationally. The company is headquartered in Ridgefield Park, New Jersey.
| Revenue (TTM) | $317.16M |
| Gross Profit (TTM) | $137.01M |
| EBITDA | $59.25M |
| Operating Margin | 17.20% |
| Return on Equity | 37.80% |
| Return on Assets | 14.20% |
| Revenue/Share (TTM) | $9.75 |
| Book Value | $4.64 |
| Price-to-Book | 15.07 |
| Price-to-Sales (TTM) | 5.73 |
| EV/Revenue | 7.03 |
| EV/EBITDA | 35.03 |
| Quarterly Earnings Growth (YoY) | 105.00% |
| Quarterly Revenue Growth (YoY) | 57.80% |
| Shares Outstanding | $34.38M |
| Float | $33.09M |
| % Insiders | 4.86% |
| % Institutions | 60.45% |
Volatility is currently contracting
Nebius currently demonstrates higher overall revenue generation than Innodata, leading the comparison in five of the eight available quarters. Both companies managed to increase total revenue over the last eight quarters, though Nebius reported larger quarter-over-quarter gains while Innodata maintained a more gradual growth trajectory.
INOD's AI-driven revenue growth and improving margins fuel optimism, but its premium valuation, stock weakness and customer concentration raise concerns.
NEW YORK, NY / ACCESS Newswire / October 15, 2026 / INNODATA INC. (Nasdaq:INOD) today announced that it will report Third Quarter 2026 results after the market closes on Thursday, November 5, 2026.
Innodata is rated Buy, supported by 58% YoY revenue growth, expanding margins, and a conservative 40%+ growth guidance. INOD's customer concentration risk has improved, with its largest customer dropping from 56% to 37% of revenue, aided by a new Big Tech client. Premium valuation (~33x FWD P/E, ~21x FWD EV/EBITDA) is justified by rapid growth, margin expansion, and net cash, but hinges on continued execution.
Innodata (INOD) is evolving beyond a data provider, aiming to become an indispensable AI infrastructure layer through reusable datasets and model evaluation systems. INOD's Digital Data Solutions segment grew revenue 57% to $220.9M, in 2025, driven by AI engineering data volumes and a shift toward high-value, IP-leveraged offerings. Gross margin expansion is emerging as the company increasingly monetizes proprietary datasets, though labor and S&A costs remain substantial and revenue concentration risk is high.
INOD extends its revenue growth streak as AI demand drives strong results, higher margins and new opportunities, with customer concentration risks.
INOD, CALX and AAOI are mid-cap AI stocks trading more than 45% below their 52-week highs, with brokerage price targets signaling massive near-term upside.
INOD is scoping a seven-language speech program as it expands from pilots toward enterprise-scale multimodal data opportunities.
Cerebras Systems specializes in massive wafer-scale AI chips designed to handle the heavy computational demands of large language models. Innodata provides the data engineering and human-in-the-loop expertise required to train and evaluate generative AI systems.
INOD's new motion-capture lab targets robotics training, testing and validation, opening a potential growth avenue beyond traditional AI data engineering.
Tiblio connects your broker and runs your put-and-call-writing strategy for you — on INOD and any ticker you trade — then tracks every position and per-strategy win rate.
