Innodata IncINOD

NasdaqTechnologyServices-Computer Processing & Data Preparation
Price (close)
$71.87
Market cap
$2.5B
P/E
53.1x
Revenue (TTM)
$317.2M
Net income
$46.5M
Dividend yield
—
1-year total return
4.7%
Net margin
14.7%
Revenue growth
39.0%
Debt / equity
—

What Innodata Inc does.

Innodata Inc. (Nasdaq: INOD) (together with its subsidiaries, the “Company”, “Innodata”, “we”, “us” or “our”) is a global data engineering and AI systems services company that supports the development, training, post-training, evaluation, and deployment of advanced artificial intelligence systems. We partner with leading technology companies, frontier AI laboratories, and enterprises to help enable AI systems that perform reliably, align with intended objectives, and operate safely in real-world environments.

Our mission is to enable the responsible advancement of artificial intelligence by providing the data, evaluation frameworks, and human expertise required to build AI systems that can be trusted at scale. We believe that AI will increasingly function as a foundational layer of the digital economy - embedded across consumer products, enterprise workflows, and mission-critical systems. As AI systems grow more capable and autonomous, we believe the quality of training data, the effectiveness of post-training alignment, and the rigor of ongoing evaluation will be decisive factors in determining whether AI systems are adopted, regulated, and scaled responsibly.

Innodata was founded more than 35 years ago on the principle that high-quality, well-structured data is essential to leading information-retrieval systems. In 2016-2017, we began building proprietary AI language models based on then-emerging research and frameworks and integrating them into our data production workflows. Through this work, we developed and refined techniques for generating, curating, and validating human-created data used to train probabilistic, learning-based AI systems, and recognized that data quality and structure were critical determinants of model performance. This insight led us to invest in the development of an integrated set of AI lifecycle data solutions, addressing a growing market need for specialized data engineering, evaluation, and refinement capabilities across the full lifecycle of AI systems.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$58.2M$69.8M$79.0M$86.8M$170.5M$251.7M
Net income$617,000-$1.7M-$11.9M-$908,000$28.7M$32.2M
Free cash flow$4.2M$783,000-$7.7M$339,000$27.1M$35.6M

More on INOD.

Figures from Innodata Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.