Innodata (INOD) Cash from Operations (2010 - 2026)
Innodata's Cash from Operations was $127.18 million in Q2 2026, compared with $4.2 million a year earlier and up 241.3% from the prior quarter.
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Analysis
Innodata (INOD) Cash from Operations (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Innodata's Cash from Operations was $196.2 million through Jun 30, 2026, up 350.6% year-over-year; for FY2025, it was $46.75 million, up 34.1% from FY2024.
- Cash from Operations shows a five-year compound annual growth rate of 52.5% (FY2020 to FY2025).
- In earlier years, Cash from Operations was $34.86 million in FY2024 (+490.6%), $5.9 million in FY2023, -$1.22 million in FY2022 and $5.15 million in FY2021 (-9.0%).
- The Q2 2026 figure marks the highest quarterly Cash from Operations in data going back to Q3 2010.
- Compared with a year earlier, Cash from Operations was higher in four of the last five quarters, with growth averaging 190.8%.
- The best year-over-year quarter for Cash from Operations over five years was Q3 2024 (growth of 608.0%); the worst was Q3 2021 (a decline of 97.6%).
- Per Business Quant data, INOD's Cash from Operations in the three quarters before Q2 2026 was $37.26 million (Q1 2026), $12.88 million (Q4 2025) and $18.88 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 52.40 Bn | 38.90 Bn | 1.60 Bn | 1.04 Bn |
| 2 | Cognizant Technology Solutions | 32.46 Bn | 25.62 Bn | 1.83 Bn | 558.00 Mn |
| 3 | Wipro | 22.47 Bn | 17.61 Bn | 745.00 Mn | 555.00 Mn |
| 4 | Cdw | 20.15 Bn | 18.14 Bn | 1.32 Bn | -55.10 Mn |
| 5 | Td Synnex | 19.94 Bn | 14.10 Bn | 1.43 Bn | -916.72 Mn |
| 6 | Cgi | 17.74 Bn | 15.53 Bn | - | 437.03 Mn |
| 7 | Arrow Electronics | 11.21 Bn | 10.16 Bn | 1.13 Bn | 318.35 Mn |
| 8 | Avnet | 7.65 Bn | 6.83 Bn | 865.03 Mn | -290.74 Mn |
| 9 | EPAM Systems | 7.01 Bn | 2.65 Bn | 429.57 Mn | -2.42 Mn |
| 10 | Innodata | 2.02 Bn | 1.50 Bn | 42.46 Mn | 127.18 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 127.18 Mn |
| Mar 31, 2026 | 37.26 Mn |
| Dec 31, 2025 | 12.88 Mn |
| Sep 30, 2025 | 18.88 Mn |
| Jun 30, 2025 | 4.20 Mn |
| Mar 31, 2025 | 10.79 Mn |
| Dec 31, 2024 | 17.18 Mn |
| Sep 30, 2024 | 11.37 Mn |
| Jun 30, 2024 | -454,000.00 |
| Mar 31, 2024 | 6.77 Mn |
| Dec 31, 2023 | 114,000.00 |
| Sep 30, 2023 | 1.61 Mn |
| Jun 30, 2023 | 2.40 Mn |
| Mar 31, 2023 | 1.78 Mn |
| Dec 31, 2022 | 444,000.00 |
| Sep 30, 2022 | 2.21 Mn |
| Jun 30, 2022 | -2.38 Mn |
| Mar 31, 2022 | -1.50 Mn |
| Dec 31, 2021 | -491,000.00 |
| Sep 30, 2021 | 56,000.00 |
API Access
Innodata Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=INOD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "INOD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=INOD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();