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, an AI 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 77.0/100, ranked #74 of 2,925 stocks on a composite quality score built from its SEC filings, covering 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

NasdaqMid CapTechnology

13F Pro quality score

Rank #74 of 2,925TOP 5%

Why it scores 77 Technology peers →

Rankings refresh quarterly once 80% of peers have filed. Next update: ~Nov 14, 2026.

Revenue

$92.14M

Quarter to Jun 30

Net income

$14.41M

Quarter to Jun 30

Free cash flow

$124.29M

Quarter to Jun 30

Operating margin

19.1%

Quarter to Jun 30

Top Institutional Holders

as of Q2 2026

$1.48B total

BlackRock, Inc.

$205.40M+13.7%

VANGUARD CAPITAL MANAGEMENT LLC

$105.10M+3.4%

JANE STREET GROUP, LLC

$96.35M+186.0%

D. E. Shaw & Co., Inc.

$66.42M+168.7%

GEODE CAPITAL MANAGEMENT, LLC

$63.25M+7.6%

STATE STREET CORP

$61.33M+14.1%

DIMENSIONAL FUND ADVISORS LP

$44.95M+2.0%

Jupiter Topco LLC

$39.18M--

JPMORGAN CHASE & CO

$36.83M+336.8%

Nuveen, LLC

$36.41M+100.3%

TWO SIGMA INVESTMENTS, LP

$30.91M+20.3%

DRIEHAUS CAPITAL MANAGEMENT LLC

$30.55MNew

VANGUARD PORTFOLIO MANAGEMENT LLC

$29.14M+24.5%

MORGAN STANLEY

$28.69M+26.1%

WESTFIELD CAPITAL MANAGEMENT CO LP

$28.35MNew

UBS Group AG

$27.75M-9.6%

NEXT CENTURY GROWTH INVESTORS LLC

$27.64M-0.7%

NORTHERN TRUST CORP

$23.95M+7.1%

GOLDMAN SACHS GROUP INC

$23.55M+25.7%

RENAISSANCE TECHNOLOGIES LLC

$22.24MNew

CHARLES SCHWAB INVESTMENT MANAGEMENT INC

$20.83M+6.3%

Allspring Global Investments Holdings, LLC

$20.54M+4441.4%

VANGUARD FIDUCIARY TRUST CO

$17.43M+4.7%

TUDOR INVESTMENT CORP ET AL

$17.30M+335.0%

WELLINGTON MANAGEMENT GROUP LLP

$16.34M-66.4%

See all 287 institutional holders →

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 →

Key Metrics

Revenue

Q2 2026

EDGAR

Net Income

Q2 2026

EDGAR

EPS (Diluted)

Q2 2026

EDGAR

Operating Margin

Q2 2026

EDGAR

ROIC

Q2 2026

EDGAR

Free Cash Flow

Q2 2026

EDGAR

Financial Trends

Revenue & Net Income

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Earnings Per Share

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INNODATA INC reported revenue, net income and margins by fiscal period, from SEC filings.
Period	Form	Revenue	Net income	Op. marginOperating 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%

About INNODATA INC (INOD): stock profile, AI score and financials

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 77.0/100 on a composite quality score built from its SEC filings, placing it at rank #74 of 2,925 stocks — the top 5% of the AI-ranked universe. INOD scores in the top quartile across free cash flow (96.7), revenue growth (96.2), balance sheet strength (95.5). Areas of concern include revenue scale (30.4), which score below median versus the broader universe. Shareholder dilution risk is elevated at 25.8/100, 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.

Financials through the period ended Jun 30, 2026SEC EDGAR: CIK 903651 →

INNODATA INC INOD

Top Institutional Holders

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

Biggest Revenue Drivers

Biggest Revenue Drivers

Largest Expense Items

Watch Items from the Filing

Key Metrics

Financial Trends

Revenue & Net Income

Earnings Per Share

INOD key financials by period

INOD insiders

Congress trading in INOD

About INNODATA INC (INOD): stock profile, AI score and financials

INNODATA INC INOD

Top Institutional Holders

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

Biggest Revenue Drivers

Key Metrics

Financial Trends

Revenue & Net Income

Earnings Per Share

INOD key financials by period

Companies similar to INOD

INOD insiders

Congress trading in INOD

About INNODATA INC (INOD): stock profile, AI score and financials