Company Analysis

Innodata Inc. (INOD)

Nasdaq: INOD · Services-Computer Processing & Data Preparation · Ridgefield Park, NJ · filing with the SEC since 1996
Grade6.1
◀ Past 5.6● Present 6.3▶ Future 6.3
1 est.

The grade of Innodata Inc.

Nine metrics read from its own filings, by tense
Headline grade
6.1/10
◀ Past5.630% of the headline
● Present6.340% of the headline
▶ Future6.330% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

5.6/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
4.7/10

Has it survived what it has been through?

1 warning event since 2017; the latest 2020-08-25.

weight 33% of this tense · 47th percentile among 77 sector filers · read for itself

From the record

Innodata Inc.'s filings since 2017 show 1 warning event: an auditor change (8-K item 4.01, the latest 2020-08-25) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
8.0/10

What has it actually done, year after year?

+70.2% a year over 3 filed years; profitable in 2 of 3.

weight 45% of this tense · 80th percentile among 64 sector filers · read for its customers

From the record

Innodata Inc.'s 3 filed years say what it did: revenue went from $87 million in fiscal 2023 to $252 million in fiscal 2025, up 70.2% a year; it rose in 2 of 2 years; it never fell from a peak; net income was positive in 2 of 3 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span70.2%top 6% of its family
  • the share of years revenue rosetop 21% of its family
  • the share of filed years with a profittop 34% of its family
  • the deepest fall from a revenue peak0.0%top 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
1.9/10

How has it treated the people who own it?

Share count grew 8.7% a year. 0% of cash flow returned. Insiders: 82 sales, 0 purchases.

weight 22% of this tense · 19th percentile among 43 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Innodata Inc.'s diluted share count grew about 8.7% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 82 sales and 0 purchases of their own stock on the open market in the year to 2026-10-13 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 25% of its family
  • cash returned against operating cash flowbottom 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.3/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
6.3/10

Is it financially healthy right now?

ROE 30%: 30¢ of profit per shareholder dollar. Leverage 36%: owes 36¢ per asset dollar.

weight 33% of this tense · 63rd percentile among 69 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Innodata Inc. earned about 30 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 59 cents per dollar of everything the company owns. Leverage: it owed about 36 cents per dollar of assets, and net share issuance: its share count grew 8.9% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 35% of its family
  • return on equitytop 17% of its family
  • gross profit against assetstop 27% of its family
  • the share count against the year beforebottom 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.8/10

How strong is its position in its industry?

top 32% of 68 in its family; net margin 12.8%.

weight 45% of this tense · 68th percentile among 68 sector filers · read for its customers

From the record

Innodata Inc.'s standing among 68 graded names in its industry family: revenue of $252 million in fiscal 2025 ranks in the bottom 40% by size; a net margin of 12.8% ranks in the top 30%; revenue growth of 70.2% a year over the last 2 filed years ranks in the top 7% (its annual reports).

What it rests on

  • revenue against the family$252Mbottom 40% of its family
  • net margin12.8%top 30% of its family
  • three-year revenue growth70.2%top 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
5.2/10

What are the people in charge doing?

top 48% of 38 in its family for leadership; chief executive since 2006.

weight 22% of this tense · 52nd percentile among 38 sector filers · read for its shareholders

From the record

Innodata Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Abuhoff, Jack (CEO, as filed), filing under that title since 2006-01-04, 20.9 years (top 1% of its family); the 10 officers and directors filing in the last fifteen months have been on the record a median of 2.8 years (bottom 24%); 7 officer or director changes were reported on Form 8-K since 2023-11-13, against the 10 people in charge now (bottom 34%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge7 in three years among 10 peoplebottom 34% of its family
  • the median years the people in charge have filed2.8 yearsbottom 24% of its family
  • the chief executive's years on the record20.9 yearstop 1% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.3/1030% of the headline grade · 2 of 3 filed, 1 estimated

Room to expand

as filed
5.7/10

How much room does it have to grow?

top 43% of 68 in its family for room to expand.

weight 22% of this tense · 57th percentile among 68 sector filers · read for itself

From the record

Innodata Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $82 million against no long-term debt tagged leaves 48.8% of its assets as net cash, top 21% of its family; cash from operations less capital spending is 14.2% of revenue (top 35%); a gross margin of 39.5% (bottom 27%) (its annual report).

What it rests on

  • cash less debt against assets48.8%top 21% of its family
  • cash from operations less capital spending against revenue14.2%top 35% of its family
  • gross margin39.5%bottom 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
7.5/10

What could actually drive growth from here?

top 25% of 64 in its family for growth drivers.

weight 45% of this tense · 75th percentile among 64 sector filers · read for its customers

From the record

Innodata Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 70.2% a year over the last three filed years against 70.2% over all 3, speeding up (top 31% of its family); the newest year grew 47.7% (top 20%); capital spending grew 19.4% a year (top 23%) (its annual reports). Innodata Inc. reported 3 lines of business in fiscal 2025: Dds at $221 million (88%), Agility at $24 million (9%), Synodex at $7 million (3%); 2 of 3 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+0.0 points a yeartop 31% of its family
  • the newest year's revenue growth47.7%top 20% of its family
  • three-year growth of capital spending19.4%top 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

SI estimate
5.1/10

Did its newest year beat what its own record pointed to?

SI estimate 5.1/10, confidence 20 of 100 (family median).

weight 33% of this tense · 50th percentile among 56 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
The record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change, so the desk assumes the typical reading of its industry family, the median of 56 members with one.
What the record cannot read
The record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change.
How it was reasoned
family median, 56 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Innodata Inc.'s expectations vs reality is put at 5.1 of 10 with a confidence of 20 of 100, because the record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change, so the desk assumes the typical reading of its industry family, the median of 56 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton INOD · research, not advice