INOD
Neutral signalScored 2026-09-17 Drivers: fundamentals. Moteurs : fondamentaux.
Research, not advice.
À propos
Innodata Inc.
- Nom
- Innodata Inc.
- Secteur
- Technology
- Industrie
- Information Technology Services
- Bourse
- NASDAQ
- Capitalisation
- $2.0B
- Employés
- 10,064
- PDG
- Rahul Singhal
- Site web
- https://www.innodata.com
- Marché
- AIBBAIEXLSGDYNGLOBIBM
Innodata Inc. is a global enterprise specializing in data engineering, with operations spanning the United States, the United Kingdom, the Netherlands, Canada, and other international locations. The firm conducts its business across three distinct divisions: Digital Data Solutions (DDS), Synodex, and Agility. Its Digital Data Solutions (DDS) division furnishes clients with AI-powered software platforms and outsourced services. These offerings cater to businesses needing data for the instruction of artificial intelligence (AI) and machine learning (ML) algorithms. DDS also delivers AI-driven digital transformation strategies, assisting organizations in leveraging AI/ML to extract critical insights from textual information. Furthermore, DDS provides a comprehensive suite of data engineering support functions, encompassing activities such as data annotation, transformation, curation, hygiene, consolidation, compliance, and master data management. The Synodex segment supplies an industry-specific platform designed to convert medical records into actionable digital data. This conversion utilizes either Synodex's proprietary data models or models provided by its clients. Lastly, the Agility division delivers a specialized platform for marketing and public relations experts. This platform enables them to identify and disseminate information to journalists and social media figures, alongside monitoring and dissecting content from global news outlets—including print, online, radio, and television—as well as various social media platforms. Innodata caters to a diverse clientele across sectors such as banking, insurance, financial services, technology, digital retail, and information/media. Its services are delivered by a dedicated team comprising professional staff, senior leadership, and direct sales representatives. The corporation, initially named Innodata Isogen, Inc., adopted its current moniker, Innodata Inc., in June 2012. Established in 1988, its principal office is situated in Ridgefield Park, New Jersey.
Price (1 year)
Live chart from TradingView — independent market data, as price context around the filings, not the Quorum score. EMA 50/200 and Bollinger load by default. When the exchange is known it is sent as EXCHANGE:SYMBOL; otherwise TradingView resolves the ticker best-effort.
VENTE TOTALE: 20 000 titres (~1 085 500,00 $ US)
- Insiders
- FORLENZA LOUISE C
- Total bought
-
—
Avg buy (VWAP, 90d window) —
- Total sold
-
$1,085,500
Avg sell (VWAP, 90d window) $54.27 vs last close —
Total sold sums Form 4 code S in this window. Codes F, M, A and G are left out.
- Last activity
- 2026-09-14
- Last synced
-
2026-09-20 09:54:07
Sign in to request a sync of this company's price history and timing levels.
Insider holdings as a share of total assets aren't available for this company.
Avg buy and avg sell are volume-weighted prices (sum of shares × price, divided by shares) for Form 4 rows in this 90-day window that report both figures. A comparison with last close is market context for that average, not advice.
Recent Form 4
Filings in the 90-day window for this company. Value is shares × price from the filing. Research, not advice.
| Date | Person | Side | Shares | Price | Value | Form 4 |
|---|---|---|---|---|---|---|
| 2026-09-14 | FORLENZA LOUISE C | Sell · S | 10,000 | $53.54 | $535,400 | Form 4 |
| 2026-09-04 | FORLENZA LOUISE C | Sell · S | 10,000 | $55.01 | $550,100 | Form 4 |
Congressional trades
STOCK Act disclosures (90-day window)
Amounts are STOCK Act brackets as disclosed. Quorum does not turn a bracket into an exact price or a midpoint.
No STOCK Act disclosures for this company in this window.
Signal
Neutral signalScored 2026-09-17 Drivers: fundamentals. Moteurs : fondamentaux.
INOD exhibits genuinely strong financial health with excellent liquidity, solid margins, and a clean balance sheet, but the event-driven picture is mixed at best: a significant insider sale of $1.085M directly…
The first sentence of the analysis written for INOD on 2026-09-17 - a real excerpt, not a sample. The rest of it, the 0-100 score and the rating it produced are part of Plus. See plans.
Factor checklist — research, not advice
A check leans with a bullish reading. A cross leans against it. A dash is unavailable or mixed.
- Insider Pulls against a bullish reading. Selling cluster — sale value, no purchase value
- Congress Unavailable or mixed. No purchase disclosures in the stored window
- Narrative Unavailable or mixed. Stored narrative reading is in the neutral band
- Timing Unavailable or mixed. No stored price series
- Financial indicators Supports a bullish reading. Current ratio 2.68 · operating margin 16%
Market snapshot
Financial ratios
| Metric | Trend | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|---|
| Gross Profit Margin | 39.7% | 39.3% | 36.8% | 35.0% | 37.6% | |
| Ebit Margin | 16.5% | 14.4% | 0.4% | -13.3% | -2.4% | |
| Ebitda Margin | 19.2% | 17.8% | 5.8% | -8.3% | 1.7% | |
| Operating Profit Margin | 16.0% | 14.2% | 1.1% | -13.0% | -2.2% | |
| Pretax Profit Margin | 16.5% | 14.4% | 0.2% | -13.3% | -1.4% | |
| Continuous Operations Profit Margin | 12.8% | 16.8% | -1.0% | -15.2% | -2.6% | |
| Net Profit Margin | 12.8% | 16.8% | -1.0% | -15.1% | -2.4% | |
| Bottom Line Profit Margin | 12.8% | 16.8% | -1.0% | -15.1% | -2.4% | |
| Current Ratio | 2.679 | 2.050 | 1.399 | 1.138 | 1.594 | |
| Quick Ratio | 2.679 | 2.050 | 1.399 | 1.138 | 1.594 | |
| Solvency Ratio | 0.635 | 0.688 | 0.111 | -0.268 | 0.036 | |
| Cash Ratio | 1.627 | 1.187 | 0.602 | 0.470 | 0.887 | |
| Price To Earnings Ratio | 50.446 | 40.327 | -271.333 | -6.739 | -87.316 | |
| Price To Earnings Growth Ratio | 16.479 | -0.012 | 2.912 | -0.012 | 0.236 | |
| Forward Price To Earnings Growth Ratio | 16.479 | -0.012 | 2.912 | -0.012 | 0.236 | |
| Price To Earnings Diluted Ratio | 55.380 | 44.404 | -271.333 | -6.739 | -87.316 | |
| Price To Earnings Diluted Growth Ratio | 16.430 | -0.014 | 2.912 | -0.012 | 0.229 | |
| Price To Book Ratio | 15.137 | 18.158 | 8.909 | 4.308 | 5.268 | |
| Price To Sales Ratio | 6.439 | 6.761 | 2.639 | 1.024 | 2.260 | |
| Price To Free Cash Flow Ratio | 45.460 | 42.257 | 675.476 | -10.447 | 201.340 | |
| Price To Operating Cash Flow Ratio | 34.663 | 32.915 | 38.792 | -66.513 | 30.606 | |
| Debt To Assets Ratio | 0.026 | 0.041 | 0.092 | 0.098 | 0.107 | |
| Debt To Equity Ratio | 0.041 | 0.073 | 0.213 | 0.252 | 0.211 | |
| Debt To Capital Ratio | 0.040 | 0.068 | 0.176 | 0.201 | 0.174 | |
| Long Term Debt To Capital Ratio | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | |
| Financial Leverage Ratio | 1.575 | 1.787 | 2.312 | 2.559 | 1.979 | |
| Working Capital Turnover Ratio | 3.983 | 6.733 | 14.449 | 10.176 | 5.330 | |
| Operating Cash Flow Ratio | 0.925 | 0.886 | 0.257 | -0.058 | 0.242 | |
| Operating Cash Flow Sales Ratio | 0.186 | 0.205 | 0.068 | -0.015 | 0.074 | |
| Free Cash Flow Operating Cash Flow Ratio | 0.762 | 0.779 | 0.057 | 6.367 | 0.152 | |
| Debt Service Coverage Ratio | 0.000 | 0.000 | 22.380 | 0.000 | 0.000 | |
| Interest Coverage Ratio | 0.000 | 0.000 | 5.246 | 0.000 | 0.000 | |
| Short Term Operating Cash Flow Coverage Ratio | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | |
| Operating Cash Flow Coverage Ratio | 10.553 | 7.522 | 1.077 | -0.257 | 0.816 | |
| Capital Expenditure Coverage Ratio | 4.210 | 4.523 | 1.061 | -0.186 | 1.179 | |
| Dividend Paid And Capex Coverage Ratio | 4.210 | 4.523 | 1.061 | -0.186 | 1.179 | |
| Dividend Payout Ratio | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | |
| Enterprise Value Multiple | 31.932 | 36.666 | 43.835 | -11.498 | 119.095 |
Sparkline shows each ratio oldest → newest (left → right).
How the latest year compares
For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower
| Metric | Current | vs 1Y ago | vs 5Y avg |
|---|---|---|---|
| Gross Profit Margin | 39.7% | ▲0.4% | ▲2.0% |
| Ebit Margin | 16.5% | ▲2.1% | ▲13.4% |
| Ebitda Margin | 19.2% | ▲1.4% | ▲12.0% |
| Operating Profit Margin | 16.0% | ▲1.8% | ▲12.8% |
| Pretax Profit Margin | 16.5% | ▲2.1% | ▲13.2% |
| Continuous Operations Profit Margin | 12.8% | ▼-4.0% | ▲10.6% |
| Net Profit Margin | 12.8% | ▼-4.0% | ▲10.6% |
| Bottom Line Profit Margin | 12.8% | ▼-4.0% | ▲10.6% |
| Current Ratio | 2.679 | ▲0.629 | ▲0.907 |
| Quick Ratio | 2.679 | ▲0.629 | ▲0.907 |
| Solvency Ratio | 0.635 | ▼-0.053 | ▲0.395 |
| Cash Ratio | 1.627 | ▲0.441 | ▲0.673 |
| Price To Earnings Ratio | 50.446 | ▲10.119 | ▲105.369 |
| Price To Earnings Growth Ratio | 16.479 | ▲16.491 | ▲12.558 |
| Forward Price To Earnings Growth Ratio | 16.479 | ▲16.491 | ▲12.558 |
| Price To Earnings Diluted Ratio | 55.380 | ▲10.976 | ▲108.501 |
| Price To Earnings Diluted Growth Ratio | 16.430 | ▲16.444 | ▲12.521 |
| Price To Book Ratio | 15.137 | ▼-3.021 | ▲4.781 |
| Price To Sales Ratio | 6.439 | ▼-0.322 | ▲2.615 |
| Price To Free Cash Flow Ratio | 45.460 | ▲3.203 | ▼-145.357 |
| Price To Operating Cash Flow Ratio | 34.663 | ▲1.748 | ▲20.570 |
| Debt To Assets Ratio | 0.026 | ▼-0.015 | ▼-0.047 |
| Debt To Equity Ratio | 0.041 | ▼-0.032 | ▼-0.117 |
| Debt To Capital Ratio | 0.040 | ▼-0.029 | ▼-0.092 |
| Long Term Debt To Capital Ratio | 0.000 | 0.000 | 0.000 |
| Financial Leverage Ratio | 1.575 | ▼-0.213 | ▼-0.468 |
| Working Capital Turnover Ratio | 3.983 | ▼-2.749 | ▼-4.151 |
| Operating Cash Flow Ratio | 0.925 | ▲0.039 | ▲0.475 |
| Operating Cash Flow Sales Ratio | 0.186 | ▼-0.020 | ▲0.082 |
| Free Cash Flow Operating Cash Flow Ratio | 0.762 | ▼-0.016 | ▼-0.861 |
| Debt Service Coverage Ratio | 0.000 | 0.000 | ▼-4.476 |
| Interest Coverage Ratio | 0.000 | 0.000 | ▼-1.049 |
| Short Term Operating Cash Flow Coverage Ratio | 0.000 | 0.000 | 0.000 |
| Operating Cash Flow Coverage Ratio | 10.553 | ▲3.031 | ▲6.611 |
| Capital Expenditure Coverage Ratio | 4.210 | ▼-0.313 | ▲2.053 |
| Dividend Paid And Capex Coverage Ratio | 4.210 | ▼-0.313 | ▲2.053 |
| Dividend Payout Ratio | 0.000 | 0.000 | 0.000 |
| Enterprise Value Multiple | 31.932 | ▼-4.734 | ▼-12.074 |
Key metrics
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Market cap | $1.62B | $1.15B | $229.0M | $80.9M | $157.6M | |
| Enterprise value | $1.54B | $1.11B | $220.7M | $75.8M | $145.1M | |
| EV / Sales | 6.13x | 6.51x | 2.54x | 0.96x | 2.08x | |
| EV / Op. cash flow | 33.00x | 31.71x | 37.38x | -62.35x | 28.16x | |
| EV / Free cash flow | 43.28x | 40.71x | 650.92x | -9.79x | 185.26x | |
| EV / EBITDA | 31.93x | 36.67x | 43.84x | -11.50x | 119.09x | |
| Net debt / EBITDA | -1.61x | -1.40x | -1.65x | 0.77x | -10.34x | |
| Current ratio | 2.68x | 2.05x | 1.40x | 1.14x | 1.59x | |
| Income quality | 1.45x | 1.22x | -6.64x | 0.10x | -3.08x | |
| Graham number | $9 | $7 | — | — | — | |
| Graham net-net | $2 | $1 | -$0 | -$0 | -$0 | |
| Tax burden | 77.7% | 117.1% | -653.2% | 113.9% | 173.7% | |
| Interest burden | 100.0% | 100.0% | 43.7% | 100.0% | 58.3% | |
| Working capital | $84.9M | $41.5M | $9.1M | $2.9M | $12.7M | |
| Invested capital | $113.0M | $65.2M | $32.3M | $24.3M | $33.7M | |
| Return on assets | 19.1% | 25.3% | -1.5% | -24.8% | -2.8% | |
| Operating ROA | 28.5% | 28.0% | 1.7% | -19.2% | -2.6% | |
| Return on tangible assets | 21.1% | 29.2% | -2.1% | -35.7% | -3.6% | |
| Return on equity | 30.1% | 45.2% | -3.5% | -63.6% | -5.6% | |
| Return on invested capital | 26.2% | 32.3% | -16.1% | -36.8% | -4.0% | |
| Return on capital employed | 34.1% | 32.7% | 2.6% | -37.8% | -4.1% | |
| Earnings yield | 2.0% | 2.5% | -0.4% | -14.8% | -1.1% | |
| Free cash flow yield | 2.2% | 2.4% | 0.1% | -9.6% | 0.5% | |
| Capex / Op. cash flow | 23.8% | 22.1% | 94.3% | -536.7% | 84.8% | |
| Capex / Depreciation | 161.2% | 133.6% | 118.0% | 167.8% | 152.2% | |
| Capex / Sales | 4.4% | 4.5% | 6.4% | 8.3% | 6.3% | |
| SG&A / Sales | 23.7% | 25.1% | 35.7% | 48.0% | 40.0% | |
| R&D / Sales | 0.0% | 2.1% | 0.0% | 0.0% | 0.0% | |
| Stock comp / Sales | 4.4% | 2.3% | 4.6% | 4.2% | 0.0% | |
| Intangibles / Total assets | 9.5% | 13.5% | 26.6% | 30.3% | 21.1% | |
| Days sales outstanding | 67d | 60d | 60d | 44d | 60d | |
| Days payables outstanding | 23d | 16d | 18d | 19d | 15d | |
| Operating cycle | 67d | 60d | 60d | 44d | 60d | |
| Cash conversion cycle | 44d | 44d | 42d | 25d | 44d |
Change by theme
Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.
Change over 1 year
Change over 5 years
Employee count
Peer market caps
Recent news
- 2026-09-18 Cerebras Systems vs. Innodata: Which AI-Driven Tech Stock Is a Better Buy in 2026? Cerebras Systems produces massive wafer-scale chips that drastically accelerate the training and execution of complex artificial intelligence models. Innodata provides the critical data engineering and human expertise required by major technology firms to build reliable generative AI systems.
- 2026-09-16 Innodata''s Customer Diversification Effort: Is It Finally Paying Off? INOD''s AI growth is accelerating as customer concentration eases, margins expand and new opportunities broaden its revenue base.
- 2026-09-15 Innodata Appoints Admiral Michael S. Rogers, Former NSA Director and Commander of U.S. Cyber Command, to Its Board of Directors One of the nation''s most senior cyber and intelligence leaders will help guide Innodata''s strategy as it accelerates Federal and cyber-related AI initiatives. NEW YORK, NY / ACCESS Newswire / September 15, 2026 / INNODATA INC.
- 2026-09-15 3 AI Stocks Poised to Outperform Micron and Sandisk as the Next Infrastructure Bottleneck Builds Micron and Sandisk have been some of the biggest winners over the past year, and these AI stocks may be next.
- 2026-09-14 Innodata Stock Plunges 47% in 3 Months: Is a Recovery Ahead? INOD stock''s 47% slide contrasts with strong AI demand and rising profits, but customer concentration and a premium valuation cloud the recovery path.
- 2026-09-10 BigBear.ai vs. Innodata: Which Technology Stock Is a Better Buy in 2026? BigBear.ai maintains a deep focus on decision intelligence for the U.S. defense and intelligence sectors. Innodata is experiencing rapid growth by providing essential data engineering services for generative AI models.
- 2026-09-07 Can Innodata Make Agentic AI Deployment an Enterprise Growth Driver? Innodata Inc. INOD is expanding its AI capabilities beyond data preparation and model training into the deployment and assurance of enterprise AI agents. This shift could create a new avenue for growth as companies move from developing AI agents to using them in production environments.
- 2026-09-05 Why Innodata Stock Tumbled by 10% Last Month Its performance during the period was impressive, but there were other, more negative, news items. One was a potentially dilutive new share issue.
- 2026-09-04 3 AI-Related Stocks Worth a Closer Look After Pullbacks Many AI-related stocks have seen major volatility in 2026, with several high-flying names pulling back sharply after huge runs earlier in the year.
- 2026-09-02 Here''s Why Innodata Inc (INOD) is a Strong Growth Stock The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here''s why you should take advantage.