tradmap

INOD Financials Innodata Inc

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 70.3% per year over the past 5 years.
  • Net income has grown faster than revenue (120.5% vs 70.3% per year).
  • Free cash flow has grown 53.0% per year over the past 5 years.

Financial health

  • Total debt has grown slower than revenue (-5.3% vs 70.3% per year).
Revenue & net income
-$12M $120M $252M $0 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-1% 19% 40% 0% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-64% -9% 45% 0% 2011 2013 2015 2017 2019 2021 2023 2025
ROEROA
Free cash flow (CFO − capex)
-$9M $13M $36M $0 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $41M $82M 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$11M $18M $47M $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 $252M $32M 39.5% 15.8% 30.0% 19.1% $36M $82M
2024 $170M $29M 39.3% 14.3% 45.2% 25.3% $27M $47M
2023 $87M -$908512 36.1% 0.4% -3.5% -1.5% $339000 $14M
2022 -$12M -63.6% -24.8% -$8M $6M $10M
2021 -$2M -5.6% -2.8% $783000 $7M $19M
2020 $617000 2.1% 1.1% $4M $8M $18M
2019 $617000 2.4% 1.2% $3M $6M $11M
2018 -$253000 -0.9% -0.6% $2M $6M $11M
2017 -$5M -16.5% -10.6% -$3M $8M $11M
2016 -$6M -16.4% -11.6% -$5M $5M $14M
2015 -$3M -7.4% -5.5% $5M $25M
2014 -$974000 -2.5% -1.8% $7M $24M
2013 -$11M -26.6% -21.3% $4M $25M
2012 $7M 14.8% 11.3% $11M $4M $25M
2011 $4M 10.9% 7.5% -$9M $4M $11M

Valuation over time

How the market has priced INOD against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 56.1 112.2 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/E
Price / sales (P/S)
0.0 8.3 16.6 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/S

Frequently asked questions

Is INOD growing its revenue and profit?

Over the past 5 years, Innodata Inc's revenue has grown 70.3% per year, and net income grown 120.5% per year. These are computed facts, not advice.

How much debt does INOD have?

As of FY2025, Innodata Inc reported — of total debt against $82M of cash.

What is INOD's profit margin?

In FY2025, gross margin was 39.5%, operating margin 15.8%, and net margin 12.8%.

What is INOD's P/E ratio?

As of Sep '26, Innodata Inc traded at a price-to-earnings ratio of about 58.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.