NASDAQ · INOD
Innodata Inc.
Technology · Information Technology Services
$43.81▼ 5.11% ($2.36)at close
As of 4:00 PM ET
Valuation
Revenue & margin DCF
Verdict: expensive. Price above all scenarios.
The price needs 25.9% revenue growth a year for 10 years. Our scenarios assume 14.1–24.4%.
That's below its past 4-year pace of 37.8%.
Value per share
Base case
$33.38
Price used $43.81 is 31% above this
USD · TTM ending Jun 30, 2026 · Price Oct 30, 8:00 PM UTC
Revenue each value needs
Revenue today $317M. The price needs $3.2B by 2036. Base case: $1.9B. At its recent pace: $7.8B. Bear to Bull: $1.2B to $2.8B.
Revenue today $317M. The price needs $3.2B by 2036. Base case: $1.9B. At its recent pace: $7.8B. Bear to Bull: $1.2B to $2.8B.
Revenue in 2036
today $317M
+$1.3Bmore than the Base case · 1.7×
Value per share · Base case
$33.38
Price $43.81
31% above this
- 10-yr revenue CAGR
- 19.6%
- Ending operating margin
- 17.0%
- Discount rate
- 15.3%
USD · TTM ending Jun 30, 2026 · Price Oct 30, 8:00 PM UTC
What each scenario assumes. Click a column to start from it.
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 41.29% over the last year. Revenue grew 39.02% over the trailing twelve months. Operating margin moved from 17.77% to 16.97%. Free cash flow grew 505.94% over the trailing twelve months.
What the market seems to be pricing
Visible fundamentals weakened far less than the stock price, and the shares now sit around the 0th percentile of their historical P/FCF range. That looks more like a rerating of the multiple than a collapse in the business.
What would invalidate this read
This read changes if operating margin (currently 16.97%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.
Return analysis
Company profile
Innodata Inc. is a global enterprise specializing in data engineering, with operations spanning the United States, the United Kingdom, the Netherlands, Canada, and other international locations.
Market multiples
Stock splits
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 3
Every 3 shares became 1
Every 20 shares became 21
Profitability & growth
Analyst consensus
4
Buy
2
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Actuals vs estimates by quarter, or any quarter against the same one a year earlier.
Next report
Nov 5, 2026
Q3 FY26 · EPS est $0.17 · Revenue est $83.3M
Same quarter, year over year
FY26 YTD +97.6%Each cell vs the same quarter a year earlier (the cell below) · Q1–Q2 combined $0.83 vs $0.42 · all 2 quarters up
Q1
Q2
Q3
Q4
FY total
FY26
—
—
FY25
FY24
FY23
—
—
—
Fiscal year totals
- FY25
- $0.91
- +7.1%
- FY24
- $0.85
- —
n/m: last year’s figure was zero, a loss or too small to compare against
Q2 FY26
Reported Aug 6, 2026 · Latest
HoverTap a cell to inspect
Actual
$0.41
Estimate
$0.21
Year over year
+105.0%
Vs prior quarter
-2.4%
Institutional Sentiment
Innodata Inc. · INOD
From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.