Innodata (INOD) Cost of Revenue (2010 - 2026)

Innodata's (INOD) quarterly Cost of Revenue came in at $50.3 million in Q1 2026, up 43.35% year-on-year from $35.1 million in Q1 2025, and up 12.6% quarter-over-quarter from $44.7 million in Q4 2025.

Innodata (INOD) Cost of Revenue (2010 - 2026) Analysis & Trends

Innodata's Cost of Revenue history runs 17 years deep, the most recent figure standing at $50.3 million for Q1 2026.

  • On a quarterly basis, Cost of Revenue rose 43.35% year-over-year to $50.3 million in Q1 2026; TTM through Mar 2026 was $167.4 million, a 37.65% increase from a year earlier, with the FY2025 full-year figure at $152.2 million, up 47.2% from the prior year.
  • Cost of Revenue improved to $50.3 million in Q1 2026 per INOD's latest filing, from $44.7 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $50.3 million in Q1 2026 and bottomed at $12.4 million in Q3 2022.
  • The 5-year median for Cost of Revenue is $16.9 million (2024), against an average of $24.3 million.
  • Across the five-year window, Cost of Revenue slipped 4.03% in 2023 and jumped 121.53% in 2024, its largest moves.
  • Year by year, Cost of Revenue stood at $12.7 million in 2022, then grew by 25.2% to $15.9 million in 2023, then soared by 103.3% to $32.4 million in 2024, then soared by 37.79% to $44.7 million in 2025, then gained by 12.6% to $50.3 million in 2026.
  • Per Business Quant, the three latest INOD Cost of Revenue figures stand at $50.3 million (Q1 2026), $44.7 million (Q4 2025), and $37.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 International Business Machines 203.45 Bn 192.09 Bn 9.91 Bn 7.26 Bn
2 Accenture 94.76 Bn 84.59 Bn 6.13 Bn 12.58 Bn
3 Cgi 61.46 Bn 60.81 Bn - -
4 GDS Holdings 48.81 Bn 46.67 Bn 164.04 Mn 324.09 Mn
5 Infosys 47.98 Bn 47.98 Bn 1.60 Bn 3.48 Bn
6 Cognizant Technology Solutions 22.55 Bn 21.03 Bn 1.78 Bn 3.64 Bn
7 Fidelity National Information Services 22.25 Bn 21.49 Bn 1.11 Bn 2.19 Bn
8 Wipro 20.03 Bn 15.85 Bn 738.00 Mn 1.85 Bn
9 Cdw 17.85 Bn 17.27 Bn 1.19 Bn 4.49 Bn
10 Innodata 1.95 Bn 1.83 Bn 39.79 Mn 50.30 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 50.30 Mn
Mar 31, 2026 50.30 Mn
Dec 31, 2025 44.68 Mn
Dec 31, 2025 44.68 Mn
Sep 30, 2025 37.05 Mn
Sep 30, 2025 37.05 Mn
Jun 30, 2025 35.37 Mn
Jun 30, 2025 35.37 Mn
Mar 31, 2025 35.09 Mn
Mar 31, 2025 35.09 Mn
Dec 31, 2024 32.42 Mn
Dec 31, 2024 32.42 Mn
Sep 30, 2024 30.89 Mn
Sep 30, 2024 30.89 Mn
Jun 30, 2024 23.20 Mn
Jun 30, 2024 23.20 Mn
Mar 31, 2024 16.87 Mn
Mar 31, 2024 16.87 Mn
Dec 31, 2023 15.95 Mn
Dec 31, 2023 15.95 Mn