Innodata Inc. (INOD) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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INOD Revenue Growth
Revenue Breakdown (FY 2025)
INOD's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
INOD Revenue Analysis (2014–2025)
As of May 8, 2026, Innodata Inc. (INOD) generated trailing twelve-month (TTM) revenue of $283.4 million, reflecting explosive growth of +54.4% year-over-year. The most recent quarter (Q1 2026) recorded $90.1 million in revenue, up 24.5% sequentially.
Looking at the longer-term picture, INOD's 5-year compound annual growth rate (CAGR) stands at +34.0%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $251.7 million in 2025, representing a new all-time high.
Revenue diversification analysis shows INOD's business is primarily driven by DDS (88%), Agility (9%), and Synodex (3%). With over half of revenue concentrated in DDS, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including IPWR (-56.1% YoY), CEVA (+5.5% YoY), and ITRN (+6.8% YoY), INOD has outperformed the peer group in terms of revenue growth. Compare INOD vs IPWR →
INOD Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| INODCurrent | $283M | +54.4% | +34.0% | 16.0% | |
 IPWR | $37,728 | -56.1% | -38.5% | -28979.0% | |
 CEVA | $107M | +5.5% | +4.2% | -7.1% | |
 ITRN | $359M | +6.8% | +7.9% | 21.4% | |
 SPOK | $140M | -25.6% | -1.2% | 14.1% | |
 DFIN | $767M | - | - | 19.8% |
INOD Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $251.7M | +47.6% | $99.8M | 39.7% | $40.2M | 16.0% |
| 2024 | $170.5M | +96.4% | $66.9M | 39.3% | $24.2M | 14.2% |
| 2023 | $86.8M | +9.8% | $31.9M | 36.8% | $939K | 1.1% |
| 2022 | $79.0M | +13.3% | $27.7M | 35.0% | $-10,278,000 | -13.0% |
| 2021 | $69.8M | +19.8% | $26.3M | 37.6% | $-1,543,000 | -2.2% |
| 2020 | $58.2M | +4.3% | $19.8M | 34.1% | $1.2M | 2.0% |
| 2019 | $55.9M | -2.7% | $18.7M | 33.4% | $-803,000 | -1.4% |
| 2018 | $57.4M | -5.8% | $18.5M | 32.3% | $2.7M | 4.7% |
| 2017 | $60.9M | -3.4% | $15.7M | 25.7% | $-4,645,000 | -7.6% |
| 2016 | $63.1M | +7.8% | $16.1M | 25.5% | $-3,221,000 | -5.1% |
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Start ComparisonINOD — Frequently Asked Questions
Quick answers to the most common questions about buying INOD stock.
Is INOD's revenue growth accelerating or slowing?
INOD revenue is accelerating at +54.4% year-over-year, exceeding the 5-year CAGR of +34.0%. TTM revenue reached $283M. Growth momentum has increased versus prior periods.
What is INOD's long-term revenue growth rate?
Innodata Inc.'s 5-year revenue CAGR of +34.0% reflects the sustained expansion pattern. Current YoY growth of +54.4% is above this long-term average.
How is INOD's revenue distributed by segment?
INOD reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.