INOD · NASDAQ · Information Technology Services

Innodata

Builds training data, evaluations, safety programs, and deployment workflows for advanced AI systems.

$56.60
After-hours close+0.01 (+0.02%)
At close$56.59(−4.46%)
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Profile

Innodata Inc.INODInformation Technology

Develops training and post-training data, model evaluations, safety programs, and deployment workflows for AI builders and enterprise adopters, supplemented by Synodex healthcare-data and Agility media-intelligence software. Revenue comes primarily from project-based services for U.S. customers and is concentrated in two large accounts.

Builds training and post-training datasets, model evaluations, alignment and safety programs, and deployment workflows for advanced AI systems. Synodex turns medical records into structured data for insurance and healthcare processes, while Agility supplies media intelligence and public-relations workflow software. These offerings now sit within one reportable segment.

Combines proprietary workflow tools, automation, quality controls, and specialist human judgment to run repeatable data and evaluation programs. Delivery uses a globally distributed workforce across Asia, North America, and Europe, while customers are predominantly in the United States. Revenue is concentrated in two large customers, and project-based agreements generally provide no committed future volume and can be terminated on short notice.

Company facts

CEOJack S. Abuhoff
ListedAug 10, 1993
ExchangeNASDAQ
HeadquartersRidgefield Park, NJ
CountryUnited States
Employees10,107
CIK0000903651
ISINUS4576422053

Key statistics

Market cap$1.85B
EPS (ttm)$1.32
P/E (ttm)42.87
ROE37.8%
P/B11.87
P/S5.83
Dividend yield
Beta3.54vs XLK 2.10

Year to date +6.8% · Average volume (30d) 1.4M

Analysts

Price target, next 12 months$120.00+112.1%Median of 6 analysts · vs the Aug 28 close
ConsensusBuy4 of 6 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior ratingRatingPrior targetTarget
Jun 4, 2026WedbushReiterateOutperform$90$120
Jan 5, 2026BWS FinancialUpgradeBuyTop Pick
Oct 15, 2025WedbushReiterateOutperform$48$90

Earnings

EPS

Estimate$0.19
ReportedDue Nov 5, 2026

Revenue

Estimate$84.4M
ReportedDue Nov 5, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 6, 2026Q2 FY26$0.21$0.41+92.5%$86.3M$92.1M+6.8%−4.81%
May 7, 2026Q1 FY26$0.13$0.42+223.1%$76.5M$90.1M+17.8%+86.00%
Feb 26, 2026Q4 FY25$0.21$0.25+19.0%$69.5M$72.4M+4.2%−7.17%
Nov 6, 2025Q3 FY25$0.14$0.24+71.4%$69.5M$62.6M−10.0%+6.90%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$58.3M$58.4M$62.6M$72.4M$90.1M$92.1M
Gross profit$23.3M$23.2M$25.9M$27.8M$39.1M$42.5M
Operating income$8.3M$9.1M$10.8M$11.0M$16.2M$15.9M
Net income$7.8M$7.2M$8.3M$8.8M$14.9M$14.4M
Diluted EPS$0.22$0.20$0.24$0.25$0.42$0.41
Gross margin39.9%39.8%41.4%38.3%43.4%46.1%
Operating margin14.2%15.6%17.2%15.2%18.0%17.2%

Fiscal years (4-quarter sums)FY21 $69.8M · FY22 $79.0M · FY23 $86.8M · FY24 $170.5M · FY25 $251.7M

Revenue by product · Q2 FY26

Operating Segments$92.1M · 100%

Revenue by geography · Q2 FY26

United States$79.9M · 87%
Other - Principally Europe$3.8M · 4%
Canada$3.3M · 4%
United Kingdom$3.0M · 3%
Netherlands$2.2M · 2%

Balance sheet, Jun 30, 2026Cash & short-term investments $250.4M · Total debt $15.0M · Total assets $356.7M · Shareholders' equity $159.5M

Dividends

No dividends on record.

Ownership

Institutions 69.97%22.85M sharesInsiders 5.08%1.66M sharesOther 24.95%8.15M shares

Shares outstanding 32.66M · Float 31.00M · 94.9% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
BlackRock, Inc.2.72M8.32%13FAug 7, 2026
Vanguard Capital Management1.63M5.00%13GJul 31, 2026
Jack Abuhoff · director, officer: CEO1.34M4.10%Form 4Jun 16, 2026
Jane Street Group, LLC1.27M3.90%13FAug 14, 2026
D. E. Shaw & Co., Inc.878.8K2.69%13FAug 14, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jun 15, 2026Jack Abuhoffdirector, officer: CEO−94,059$105.70
Jun 16, 2026Jack Abuhoffdirector, officer: CEO−200,000$110.20
Jun 2, 2026Ashok Mishraofficer: EVP and COO−38,666$114.34
May 29, 2026Jack Abuhoffdirector, officer: CEO−105,586$103.50
May 29, 2026Marissa B. Espineliofficer: Interim CFO−19,667$105.88
View details

Peers

  • TaskUs

    AI services and trust operations overlap with DDS workflows

  • TELUS

    Owned TELUS Digital overlaps in AI data, CX, and trust operations

  • ExlService

    Data, AI, and digital operations overlap in insurance and healthcare

  • Sprinklr

    AI-native social listening and media intelligence overlap

  • Quest Diagnostics

    ExamOne overlaps in life-insurance health data workflows

  • RELX (ADR)

    Insurance risk analytics overlap with Synodex-adjacent data work

CompareAfter-hours close

CompanyPriceChange
Innodata$56.60+0.02%$1.85B42.951.95.8+57.8%
TaskUs$8.59+2.23%$756.9M7.36.10.6+5.0%
TELUS$9.75+0.72%$15.10B25.61.0−6.0%
ExlService$38.400.00%$5.82B24.216.12.6+15.6%
Sprinklr$8.00−2.08%$2.01B72.916.32.3+6.8%
Quest Diagnostics$244.50+0.69%$26.79B25.821.22.3+10.2%
RELX (ADR)$36.540.00%$63.79B21.34.8+0.4%
Median24.216.32.3+5.9%