Innodata Inc. (INOD) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 90.1M | 72.38M | 62.55M | 58.39M | 58.34M | 59.18M | 52.22M | 32.55M | 26.5M | 26.11M | 22.17M | 19.66M | 18.84M | 19.38M | 18.45M | 19.99M | 21.19M | 19.29M | 17.45M | 17.05M |
| Revenue Growth % | 54.42% | 22.3% | 19.77% | 79.38% | 120.13% | 126.64% | 135.57% | 65.62% | 40.69% | 34.77% | 20.18% | -1.66% | -11.1% | 0.45% | 5.71% | 17.23% | 32.72% | 26.12% | 19.91% | 22.98% |
| Cost of Goods Sold | 50.99M | 44.63M | 36.66M | 35.15M | 35.09M | 32.42M | 30.42M | 23.2M | 16.95M | 15.95M | 13.95M | 12.8M | 12.75M | 13.48M | 12.34M | 12.45M | 12.91M | 12.21M | 10.32M | 10.39M |
| COGS % of Revenue | 56.6% | 61.66% | 58.61% | 60.2% | 60.15% | 54.79% | 58.24% | 71.27% | 63.95% | 61.08% | 62.9% | 65.14% | 67.66% | 69.56% | 66.88% | 62.28% | 60.93% | 63.33% | 59.13% | 60.95% |
| Gross Profit | 39.1M | 27.75M | 25.89M | 23.24M | 23.25M | 26.76M | 21.81M | 9.35M | 9.56M | 10.16M | 8.22M | 6.85M | 6.09M | 5.9M | 6.11M | 7.54M | 8.28M | 7.07M | 7.13M | 6.66M |
| Gross Margin % | 43.4% | 38.34% | 41.39% | 39.8% | 39.85% | 45.21% | 41.76% | 28.73% | 36.05% | 38.92% | 37.1% | 34.86% | 32.34% | 30.44% | 33.12% | 37.72% | 39.07% | 36.67% | 40.87% | 39.05% |
| Gross Profit Growth % | 68.17% | 3.71% | 18.7% | 148.53% | 143.32% | 163.25% | 165.18% | 36.47% | 56.84% | 72.33% | 34.62% | -9.11% | -26.41% | -16.62% | -14.34% | 13.23% | 41.03% | 16.79% | 48.34% | 50.46% |
| Operating Expenses | 22.89M | 16.77M | 15.13M | 14.11M | 14.98M | 15.5M | 9.91M | 9.02M | 8.3M | 8.2M | 8.22M | 7.57M | 7.8M | 8.36M | 9.12M | 10.28M | 10.19M | 8.14M | 7.26M | 6.98M |
| OpEx % of Revenue | 25.41% | 23.17% | 24.19% | 24.17% | 25.68% | 26.2% | 18.98% | 27.71% | 31.33% | 31.41% | 37.1% | 38.53% | 41.39% | 43.12% | 49.42% | 51.42% | 48.08% | 42.23% | 41.62% | 40.94% |
| Selling, General & Admin | 22.89M | 16.77M | 14.13M | 14.11M | 14.98M | 15.5M | 9.91M | 9.02M | 8.3M | 8.2M | 7.4M | 7.57M | 7.8M | 8.36M | 9.12M | 10.28M | 10.19M | 8.14M | 7.26M | 6.98M |
| SG&A % of Revenue | 25.41% | 23.17% | 22.59% | 24.17% | 25.68% | 26.2% | 18.98% | 27.71% | 31.33% | 31.41% | 33.38% | 38.53% | 41.39% | 43.12% | 49.42% | 51.42% | 48.08% | 42.23% | 41.62% | 40.94% |
| Research & Development | 0 | 0 | 1M | 900K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | 1.6% | 1.54% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | -2K | 0 | -900K | 0 | 0 | 0 | 0 | 0 | 0 | 823K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 16.21M | 10.98M | 10.76M | 9.13M | 8.27M | 11.25M | 11.9M | 331K | 1.25M | 1.96M | 0 | -722K | -1.7M | -2.46M | -3.01M | -2.74M | -1.91M | -1.07M | -130K | -322K |
| Operating Margin % | 17.99% | 15.17% | 17.2% | 15.63% | 14.18% | 19.02% | 22.78% | 1.02% | 4.72% | 7.51% | - | -3.67% | -9.05% | -12.68% | -16.31% | -13.7% | -9.01% | -5.55% | -0.74% | -1.89% |
| Operating Income Growth % | 95.96% | -2.43% | -9.57% | 2657.7% | 561.23% | 473.89% | - | 145.84% | 173.42% | 179.81% | 100% | 73.63% | 10.79% | -129.41% | -2213.85% | -750.31% | -652.02% | -201.23% | -157.52% | -794.44% |
| EBITDA | 18.39M | 12.96M | 11.51M | 10.73M | 9.84M | 12.83M | 13.43M | 1.75M | 2.52M | 3.2M | 2.06M | 429K | -613K | -1.4M | -2M | -1.79M | -1.04M | -256K | 554K | 351K |
| EBITDA Margin % | 20.41% | 17.9% | 18.4% | 18.38% | 16.86% | 21.68% | 25.72% | 5.37% | 9.5% | 12.25% | 9.29% | 2.18% | -3.25% | -7.25% | -10.82% | -8.94% | -4.89% | -1.33% | 3.17% | 2.06% |
| EBITDA Growth % | 86.94% | 0.98% | -14.33% | 513.49% | 290.74% | 301.22% | 552.09% | 307.69% | 510.6% | 327.78% | 203.21% | 124.01% | 40.89% | -448.44% | -460.29% | -609.12% | -199.42% | -115.96% | -18.41% | -38.96% |
| D&A (Non-Cash Add-back) | 2.18M | 1.98M | 749K | 1.6M | 1.56M | 1.58M | 1.53M | 1.42M | 1.27M | 1.24M | 1.24M | 1.15M | 1.09M | 1.05M | 1.01M | 951K | 873K | 815K | 684K | 673K |
| EBIT | 16.21M | 11.36M | 12.18M | 9.49M | 8.27M | 11.25M | 11.45M | 331K | 1.41M | 1.96M | 823K | -627K | -1.83M | -1.73M | -3.06M | -3.28M | -2.41M | -1.02M | -515K | 240K |
| Net Interest Income | 442K | 428K | 0 | 577K | 127K | 94K | 26K | -55K | 84K | -57K | -66K | 7K | -63K | 0 | 1K | 1K | -3K | 126K | -4K | -4K |
| Interest Income | 442K | 428K | 0 | 577K | 127K | 94K | 26K | 0 | 84K | 0 | 0 | 7K | 0 | 0 | 1K | 1K | 0 | 126K | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 55K | 0 | 57K | 66K | 0 | 63K | 0 | 0 | 0 | 3K | 0 | 4K | 4K |
| Other Income/Expense | 1.13M | 378K | 1.42M | 360K | 127K | 94K | -451K | -55K | 163K | -57K | 757K | 95K | -191K | 728K | -50K | -543K | -505K | 55K | -389K | 558K |
| Pretax Income | 17.34M | 11.36M | 12.18M | 9.49M | 8.4M | 11.35M | 11.45M | 276K | 1.41M | 1.9M | 757K | -627K | -1.9M | -1.73M | -3.06M | -3.28M | -2.42M | -1.02M | -519K | 236K |
| Pretax Margin % | 19.25% | 15.69% | 19.47% | 16.25% | 14.4% | 19.18% | 21.92% | 0.85% | 5.33% | 7.29% | 3.41% | -3.19% | -10.06% | -8.92% | -16.58% | -16.42% | -11.4% | -5.27% | -2.97% | 1.38% |
| Income Tax | 2.44M | 2.53M | 3.84M | 2.27M | 612K | 1.04M | -5.94M | 285K | 424K | 248K | 374K | 188K | 218K | 229K | 268K | 550K | 475K | 221K | 328K | 366K |
| Effective Tax Rate % | 14.09% | 22.24% | 31.51% | 23.91% | 7.29% | 9.21% | -51.93% | 103.26% | 29.99% | 13.03% | 49.41% | -29.98% | -11.5% | -13.24% | -8.76% | -16.76% | -19.67% | -21.75% | -63.2% | 155.08% |
| Net Income | 14.9M | 8.83M | 8.34M | 7.22M | 7.79M | 10.3M | 17.39M | -14K | 989K | 1.65M | 371K | -815K | -2.12M | -1.96M | -3.33M | -3.83M | -2.81M | -1.17M | -800K | -103K |
| Net Margin % | 16.54% | 12.2% | 13.34% | 12.36% | 13.35% | 17.4% | 33.3% | -0.04% | 3.73% | 6.33% | 1.67% | -4.15% | -11.23% | -10.12% | -18.04% | -19.18% | -13.28% | -6.06% | -4.58% | -0.6% |
| Net Income Growth % | 91.32% | -14.21% | -52.03% | 51664.29% | 687.36% | 523.24% | 4587.06% | 98.28% | 146.74% | 184.29% | 111.15% | 78.74% | 24.83% | -67.81% | -315.88% | -3621.36% | -807.29% | -198.57% | -488.35% | 78.72% |
| Net Income (Continuing) | 14.9M | 8.83M | 8.34M | 7.22M | 7.79M | 10.3M | 17.39M | -9K | 990K | 1.66M | 383K | -815K | -2.11M | -1.96M | -3.33M | -3.83M | -2.89M | -1.24M | -847K | -130K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -83K | -83K | -83K | -83K | -83K | -83K | -700K | -702K | -707K | -708K | -712K | -724K | -724K | -727K | -729K | -730K | -732K | -3.52M | -3.45M | -3.41M |
| EPS (Diluted) | 0.42 | 0.25 | 0.24 | 0.20 | 0.22 | 0.31 | 0.51 | -0.00 | 0.03 | 0.05 | 0.01 | -0.03 | -0.08 | -0.07 | -0.12 | -0.14 | -0.11 | -0.04 | -0.03 | -0.00 |
| EPS Growth % | 90.91% | -19.35% | -52.94% | - | 633.33% | 520% | 5000% | 98.33% | 137.5% | 169.93% | 108.33% | 78.57% | 27.27% | -66.28% | -304.04% | - | -914.81% | -207.5% | -397% | 82.89% |
| EPS (Basic) | 0.46 | 0.28 | 0.26 | 0.23 | 0.25 | 0.34 | 0.60 | -0.00 | 0.03 | 0.06 | 0.01 | -0.03 | -0.08 | -0.07 | -0.12 | -0.14 | -0.11 | -0.04 | -0.03 | -0.00 |
| Diluted Shares Outstanding | 35.57M | 35.47M | 35.27M | 35.3M | 34.95M | 33.63M | 34.01M | 28.88M | 32.24M | 31.98M | 32.46M | 27.86M | 27.46M | 27.39M | 27.33M | 27.23M | 27.16M | 27.14M | 26.97M | 26.52M |
| Basic Shares Outstanding | 32.63M | 32.08M | 31.85M | 31.79M | 31.43M | 30.03M | 28.99M | 28.88M | 28.75M | 28.73M | 28.46M | 27.86M | 27.46M | 27.39M | 27.33M | 27.23M | 27.16M | 27.14M | 26.67M | 26.52M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |