INOD on Nasdaq

Innodata

American company

Innodata Inc., formerly Innodata Isogen, Inc., is an American company that provides business process, technology and consulting services. The company also provides products that aim to help clients create, manage, use and distribute digital information.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 19, 2026.

Overview

1988Founded1

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  • TickerINOD on Nasdaq1
  • Industryinformation technology1
  • HeadquartersHackensack1
  • Websiteinnodata.com
  • Legal formDelaware corporation1
  • Incorporated inDE5
  • Business address55 Challenger Road, Suite 202, Ridgefield Park, Nj 076605
  • Filer categoryNon-accelerated filer5
  • LEIL9O7MPYIT56T6KBE0R954
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressC/O THE CORPORATION TRUST COMPANY, 19801 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 21649474

Innodata Inc., formerly Innodata Isogen, Inc., is an American company that provides business process, technology and consulting services. The company also provides products that aim to help clients create, manage, use and distribute digital information.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

39.5%Gross margin7
15.8%Operating margin7
12.8%Net margin7
47.6%Revenue growth, 20257
30.0%Return on equity7
$35.6MFree cash flow7

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

DDS brought in 88% of the revenue Innodata broke down this way in fiscal 2025.

  1. DDS$220.8M788%up 57% from 2024
  2. Agility$23.5M79%up 9% from 2024
  3. Synodex$7.3M73%down 7% from 2024
Business segments by year
Business segments20242025
DDS$141.1M$220.8M
Agility$21.5M$23.5M
Synodex$7.9M$7.3M

Regions

United States brought in 84% of the revenue Innodata broke down this way in fiscal 2025.

  1. United States$212.1M784%up 58% from 2024
  2. Canada$11.7M75%up 34% from 2024
  3. United Kingdom$10.5M74%up 5% from 2024
  4. Other European Countries principally, Germany and Belgium$8.9M74%down 10% from 2024
  5. Netherlands$8.5M73%up 6% from 2024
Regions by year
Regions20242025
United States$133.9M$212.1M
Canada$8.7M$11.7M
United Kingdom$10.0M$10.5M
Other European Countries principally, Germany and Belgium$9.8M$8.9M
Netherlands$8.1M$8.5M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Selling, general and admin24¢$59.6M
  • Other costs60¢$150.6M
  • Income tax4¢$9.2M
  • Profit13¢$32.2M

Out of $251.7M in revenue.7

Where each dollar of operating cash went, fiscal 2025

  • Capital spending24¢$11.1M
  • Kept or used elsewhere76¢$35.6M

Out of $46.8M of cash from operations.7

Financial statements

Revenue891011127$251.7M in 2025+351% since 2019
0$100.0M$200.0M$300.0M2019: $55.9M$55.9M20192020: $58.2M$58.2M2020+4%2021: $69.8M$69.8M2021+20%2022: $79.0M$79.0M2022+13%2023: $86.8M$86.8M2023+10%2024: $170.5M$170.5M2024+96%2025: $251.7M$251.7M2025+48%
Gross profit127$99.5M in 2025+218% since 2023
0$25.0M$50.0M$75.0M$100.0M2023: $31.3M$31.3M20232024: $67.1M$67.1M2024+114%2025: $99.5M$99.5M2025+48%
Operating income127$39.9M in 2025+12439% since 2023
0$10.0M$20.0M$30.0M$40.0M2023: $318.0K$318.0K20232024: $24.3M$24.3M2024+7553%2025: $39.9M$39.9M2025+64%
Net income91011127$32.2M in 2025+5116% since 2019
-$20.0M0$20.0M$40.0M2019: $617.0K$617.0K20192020: $617.0K$617.0K2020+0%2021: -$1.7M-$1.7M20212022: -$11.9M-$11.9M2022+613%2023: -$908.0K-$908.0K2023−92%2024: $28.7M$28.7M20242025: $32.2M$32.2M2025+12%

Every line of the income statement as filed: the last 2 fiscal years, latest first.7

Period ending2025-12-312024-12-31
Revenues$251.7M$170.5M
Direct operating costs$152.2M$103.4M
Selling and administrative expenses$59.6M$42.7M
Interest income, net-$1.6M-$149.0K
Total$210.2M$146.0M
Income before provision for income taxes$41.4M$24.5M
Provision for income taxes$9.2M-$4.2M
Income attributable to non-controlling interests$15.0K
Net Income attributable to Innodata Inc. and Subsidiaries$32.2M$28.7M
Basic (in dollars per share)$1.01$0.98
Diluted (in dollars per share)$0.92$0.89
Basic (in shares)31.8M shares29.2M shares
Diluted (in shares)35.0M shares32.2M shares
Consolidated net income$32.2M$28.7M
Pension liability adjustment, net of taxes-$384.0K$179.0K
Foreign currency translation adjustment$613.0K-$592.0K
Change in fair value of derivatives, net of taxes$125.0K-$436.0K
Other comprehensive income (loss)$354.0K-$849.0K
Total comprehensive income$32.5M$27.8M
Comprehensive income attributed to non-controlling interest$15.0K
Comprehensive income attributable to Innodata Inc. and Subsidiaries$32.5M$27.8M

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The story

Innodata was founded in 1988 in New York City to provide digitized content and created quality assurance and audit procedures.

By 1992, the year the company went public, Innodata had grown to more than 1,000 employees worldwide. Throughout the decade, the company opened major facilities in the Philippines, Sri Lanka and India.

The company tripled its revenue to $60 million from $20 million between 1999 and 2001.

Innodata acquired Isogen International in 2001 and integrated both of the company's content management and publishing technologies, structured information standards and outsourcing services. In 2003, the name of Innodata Isogen Inc. was formally adopted by the company.

In 2007, the company started taking advantage of the growing popularity of e-books to become a producer of technology and processes for transforming books into e-book formats for distribution and sell-through on tablets and e-readers. Innodata has produced over 1.2 million e-books and is distributing more than 1,500 e-books per day across 25 global platforms and e-bookstores.

From Wikipedia’s article on Innodata, shared under CC BY-SA 4.0.6

Leadership

Who has led Innodata, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (21)

Former names

  • INNODATA ISOGEN INCNov 17, 2003 to Jun 4, 20125
  • INNODATA CORPSep 26, 1996 to Nov 14, 20035

Timeline

  1. Jan 4, 2006New chief executive Jack Abuhoff becomes CEO15
  2. Aug 11, 1993Went public Listed on NASDAQ1
  3. 1988Founded Founded1

Filings

290 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 44 major events, 110 insider forms, 10 large holders, 106 other. The latest 20:

  1. Oct 13, 20264 OWNERSHIP DOCUMENT EDGAR
  2. Sep 30, 20268-K/A EDGAR
  3. Sep 15, 20264 OWNERSHIP DOCUMENT EDGAR
  4. Sep 15, 20263 OWNERSHIP DOCUMENT EDGAR
  5. Sep 15, 20268-K EDGAR
  6. Sep 14, 2026144 EDGAR
  7. Sep 4, 2026144 EDGAR
  8. Sep 4, 20264 OWNERSHIP DOCUMENT EDGAR
  9. Aug 7, 2026EFFECT EDGAR
  10. Aug 6, 20268-K EDGAR
  11. Aug 6, 2026424B5 EDGAR
  12. Aug 6, 2026S-3ASR EDGAR
  13. Aug 6, 2026POS AM EDGAR
  14. Aug 6, 202610-Q EDGAR
  15. Aug 6, 20268-K EDGAR
  16. Jul 31, 2026SCHEDULE 13G EDGAR
  17. Jul 28, 2026SCHEDULE 13G/A EDGAR
  18. Jul 7, 20264 OWNERSHIP DOCUMENT EDGAR
  19. Jul 6, 20263 OWNERSHIP DOCUMENT EDGAR
  20. Jun 17, 20268-K EDGAR

The 290 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

85 open-market trades by officers, directors and large owners since October 2021: 1 buys and 84 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 14, 2026FORLENZA LOUISE CDirectorSale10,000$53.54$535.4KForm 4
Sep 4, 2026FORLENZA LOUISE CDirectorSale10,000$55.01$550.1KForm 4
Jun 16, 2026ABUHOFF JACKCEOSale200,000$110.20$22.0MForm 4
Jun 15, 2026ABUHOFF JACKCEOSale94,059$105.70$9.9MForm 4
Jun 2, 2026MISHRA ASHOKEVP and COOSale38,666$114.34$4.4MForm 4
May 29, 2026Espineli Marissa BInterim CFOSale19,667$105.88$2.1MForm 4
May 29, 2026ABUHOFF JACKCEOSale105,586$103.50$10.9MForm 4
May 22, 2026ABUHOFF JACKCEOSale38,056$100.39$3.8MForm 4
May 21, 2026FORLENZA LOUISE CDirectorSale18,000$94.47$1.7MForm 4
May 21, 2026ABUHOFF JACKCEOSale150,000$95.63$14.3MForm 4
May 20, 2026FORLENZA LOUISE CDirectorSale15,000$92.33$1.4MForm 4
May 20, 2026ABUHOFF JACKCEOSale150,000$93.46$14.0MForm 4
May 19, 2026FORLENZA LOUISE CDirectorSale5,000$86.10$430.5KForm 4
May 19, 2026ABUHOFF JACKCEOSale2,800$93.03$260.5KForm 4
May 18, 2026ABUHOFF JACKCEOSale150,000$94.39$14.2MForm 4
May 15, 2026ABUHOFF JACKCEOSale100,000$95.78$9.6MForm 4
May 15, 2026Massey Stewart RDirectorSale10,000$96.00$960.0KForm 4
May 14, 2026ABUHOFF JACKCEOSale76,991$95.58$7.4MForm 4
May 13, 2026ABUHOFF JACKCEOSale94,460$91.19$8.6MForm 4
May 13, 2026Massey Stewart RDirectorSale10,000$88.22$882.2KForm 4

All 85 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.2,717,666$205.4M0.0%+326,446
Vanguard Capital Management LLC1,390,637$105.1M0.0%+45,774
Jane Street Group, LLC1,274,821$96.4M0.1%+829,074
D. E. Shaw & Co., Inc.878,778$66.4M0.0%+551,710
Geode Capital Management, LLC836,643$63.2M0.0%+59,349
State Street Corp811,360$61.3M0.0%+100,220
Dimensional Fund Advisors LP594,706$44.9M0.0%+11,467
Jupiter Topco LLC518,382$39.2M0.0%New
Jpmorgan Chase & Co479,084$36.8M0.0%+369,415
Nuveen, LLC481,743$36.4M0.0%+241,202
Two Sigma Investments, LP408,976$30.9M0.0%+69,005
Driehaus Capital Management LLC404,165$30.5M0.2%New
Vanguard Portfolio Management LLC385,595$29.1M0.0%+75,902
Morgan Stanley379,650$28.7M0.0%+78,662
Westfield Capital Management Co LP375,091$28.3M0.1%New
UBS Group AG367,153$27.7M0.0%−39,148
Next Century Growth Investors LLC365,746$27.6M1.5%−2,656
Northern Trust Corp316,827$23.9M0.0%+21,020
Goldman Sachs Group Inc311,568$23.5M0.0%+63,726
Renaissance Technologies LLC294,300$22.2M0.0%New
Charles Schwab Investment Management Inc275,550$20.8M0.0%+16,300
Allspring Global Investments Holdings, LLC284,385$20.5M0.0%+278,123
Vanguard Fiduciary Trust Co230,622$17.4M0.0%+10,402
Tudor Investment Corp Et Al228,899$17.3M0.1%+176,275
Wellington Management Group Llp216,166$16.3M0.0%−427,071

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

2 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Mar 21, 2024Thomas R Carper, SenateSale$1,001 - $15,000−722.5%Report
Aug 29, 2023Thomas R Carper, SenateBuy$1,001 - $15,000+216.7%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

The numbers on this page point here. Each one links to the record it came from.

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