INOD is the ticker symbol for INNODATA INC, a publicly traded Technology sector company listed on Nasdaq. 13F Pro tracks INOD with AI-powered analysis, a 32-signal quality score, SEC EDGAR financials, insider transactions, and institutional 13F holdings — all sourced directly from public SEC filings.

Is INOD a good stock to buy?

13F Pro's AI ranking engine scores INOD at 77.1/100, ranked #74 of 2,960 stocks based on 32 fundamental signals including profitability, growth, balance sheet strength, and free cash flow. The full AI verdict and bull/bear case for INOD is available at https://13fpro.ai/company/INOD. Not investment advice — review the underlying SEC filings before making any trade.

Where does 13F Pro source INOD data?

All INNODATA INC fundamentals and ownership data come directly from SEC EDGAR. INNODATA INC files with the SEC under CIK 903651. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

INNODATA INC(INOD)— Stock Profile, AI Score & Financials

Technology · Nasdaq · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated 2026-06-30.

INNODATA INC (INOD) stock profile, AI quality score, and SEC EDGAR financial data, a Technology sector company. 13F Pro's AI-powered ranking engine scores INOD at 77.1/100 on a 32-signal composite quality model, placing it at rank #74 of 2,960 stocks — the top 5% of the AI-ranked universe. INOD scores in the top quartile across free cash flow (96.9), revenue growth (95.8), balance sheet strength (95.6). Areas of concern include revenue scale (30.3), which score below median versus the broader universe. Shareholder dilution risk is elevated at 26.5/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), INNODATA INC reports quarterly revenue of $92.1M, net income of $14.4M, an operating margin of 19.1%. Top institutional holders of INOD by reported 13-F value include BlackRock, VANGUARD CAPITAL MANAGEMENT, JANE STREET GROUP, based on the most recent SEC filings. INOD trades on the Nasdaq exchange and files with the SEC under CIK 903651. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate INOD daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for INNODATA INC directly from SEC EDGAR.

AI Quality Score

77.1/100

AI Rank

#74

Revenue

$92.1M

Net Income

$14.4M

Free Cash Flow

$124.3M

Operating Margin

19.1%

INOD key financials by period

INNODATA INC reported revenue, net income and margins by fiscal period, from SEC filings.
Period	Form	Revenue	Net income	Operating margin
FY 2025	10-K	$251.7M	$32.2M	15.8%
FY 2024	10-K	$170.5M	$28.7M	14.3%
FY 2023	10-K	$86.8M	$-908.0K	0.4%
FY 2022	10-K	$79.0M	$-11.9M	-13.3%
FY 2021	10-K	$69.8M	$-1.7M	-1.4%
FY 2020	10-K	$58.2M	$617.0K	1.8%

Institutions holding INOD

Institutional investors reporting a position in INNODATA INC on SEC Form 13F.
Institution	Shares	Value	Reported
BlackRock	2,717,666	$205.4M	2026-06-30
VANGUARD CAPITAL MANAGEMENT	1,390,637	$105.1M	2026-06-30
JANE STREET GROUP	1,274,821	$96.4M	2026-06-30
D. E. Shaw	878,778	$66.4M	2026-06-30
GEODE CAPITAL MANAGEMENT	836,643	$63.2M	2026-06-30
STATE STREET	811,360	$61.3M	2026-06-30
SUSQUEHANNA INTERNATIONAL GROUP, LLP	661,200	$50.0M	2026-06-30
DIMENSIONAL FUND ADVISORS	594,706	$44.9M	2026-06-30
Jupiter Topco	518,382	$39.2M	2026-06-30
JPMORGAN CHASE	479,084	$36.8M	2026-06-30

SEC EDGAR: CIK 903651 →

INNODATA INC

INOD

NasdaqSmall CapTechnology

13F Pro Quality Score

77.1/100

Rank #74 of 2,960 stocksTOP 5%

View Technology peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

95.8/100

Profitability

64.9/100

Balance Sheet

95.6/100

Earnings Quality

86.8/100

Free Cash Flow

96.9/100

Institutional Flow

92.3/100

Revenue Scale

30.3/100

Dilution Risk

26.5/100

Price Chart

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What's Driving INOD's Business? Latest 10-Q Breakdown

28/28 datapoints verified

AI-extracted from the 10-Q filed 2026-08-06 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Revenue grew 58% YoY to $92.1M with gross margin expanding to 46% from 39%, but two customers alone supplied 37% and 34% of quarterly revenue.

Biggest Revenue Drivers

United States$79.9M

Others - European countries, principally Germany and Belgium$3.8M

Biggest Revenue Drivers

Total revenue: $92.1M+58% YoY

United States$79.9M

Others - European countries, principally Germany and Belgium$3.8M

Canada$3.3M

United Kingdom$3.0M

The Netherlands$2.2M

Largest Expense Items

Direct operating costs$49.7M+40% YoY

Increased headcount to support higher volumes of AI data engineering services from existing customer programs; $10.6M was labor-related.

Selling and administrative expenses$26.6M+89% YoY

Continued investments in growth-oriented and capability-building functions; $11.0M from selling, marketing and administrative payroll.

Stock-based compensation$7.2M

$6.5M recorded in selling and administrative expenses, $0.7M in direct operating costs.

Margins: Gross margin rose to 46% from 39% (adjusted gross margin 49% vs 43%) on higher revenues, offset in part by higher direct operating costs. S&A was 29% of revenue versus 24%.

Watch Items from the Filing

One customer generated approximately 37% and another approximately 34% of total revenues for the quarter; no other customer exceeded 10%.
At June 30, 2026, 66% of accounts receivable was due from two customers, up from 63% at December 31, 2025.
Advances from customers reached $67.0M versus $1.8M at year-end, with $61.8M of related incurred-but-unpaid project costs sitting in accounts payable and accrued expenses.
Philippine judgment exposure of approximately $5.3 million plus legal interest accruing at 6% per annum; other adverse outcomes of roughly $650,000 beyond recorded amounts are reasonably possible.
The D'Agostino securities class action was dismissed with prejudice on June 10, 2026.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →