Innodata Inc
NASDAQ:INOD
Innodata Inc
Innodata, Inc. is a global services and technology company, which combines human expertise with deep learning technologies to power information products and enterprise artificial intelligence and digital transformation. The company is headquartered in Ridgefield Park, New Jersey and currently employs 4,878 full-time employees. The firm operates through three segments: Digital Data Solutions (DDS), Synodex and Agility. The DDS segment provides artificial intelligence (AI)-enabled software platforms and managed services to companies that require data for training AI and machine learning (ML) algorithms, and AI digital transformation solutions to help companies apply AI/ML to real-world problems relating to analyzing and deriving insights from documents. The Synodex segment provides an industry platform that transforms medical records into useable digital data organized in accordance with its proprietary data models or client data models. The Agility segment provides an industry platform that provides marketing communications and public relations professionals with the ability to target and distribute content to journalists and social media influencers across the world and to monitor and analyze global news channels and social media channels.
Innodata, Inc. is a global services and technology company, which combines human expertise with deep learning technologies to power information products and enterprise artificial intelligence and digital transformation. The company is headquartered in Ridgefield Park, New Jersey and currently employs 4,878 full-time employees. The firm operates through three segments: Digital Data Solutions (DDS), Synodex and Agility. The DDS segment provides artificial intelligence (AI)-enabled software platforms and managed services to companies that require data for training AI and machine learning (ML) algorithms, and AI digital transformation solutions to help companies apply AI/ML to real-world problems relating to analyzing and deriving insights from documents. The Synodex segment provides an industry platform that transforms medical records into useable digital data organized in accordance with its proprietary data models or client data models. The Agility segment provides an industry platform that provides marketing communications and public relations professionals with the ability to target and distribute content to journalists and social media influencers across the world and to monitor and analyze global news channels and social media channels.
Record Revenue: Innodata reported record Q3 2025 revenue of $62.6 million, up 20% year-over-year and 7% sequentially, beating analyst expectations.
Profitability: Adjusted EBITDA grew to $16.2 million (26% margin), up 23% sequentially, with positive operating leverage.
Cash Position: Cash increased to $73.9 million, up $14.1 million from the previous quarter and $27 million since year-end 2024.
Strong Growth Outlook: Management reiterated guidance for 45% or more revenue growth in 2025 and anticipates transformative growth in 2026.
Major Contract Wins: The company announced $68 million in pretraining data contract wins and a $25 million federal project, both expected to drive 2026 revenue.
Federal Expansion: Launched Innodata Federal to serve US government agencies, with initial wins and more projects in the pipeline.
Strategic Investments: Six new initiatives in areas like pretraining data, model safety, and sovereign AI are already delivering returns.
