Innodata (INOD) Debt Ratio (2010 - 2026)
Innodata (INOD) posted Debt Ratio of 0.03 for Q2 2026, down 44.25% on a QoQ basis from 0.06 in Q1 2026, and down 53.58% year-over-year from 0.07 in Q2 2025.
Analysis
Innodata (INOD) Debt Ratio (2010 - 2026) Analysis & Trends
Innodata has reported Debt Ratio for 17 years, with the latest figure at 0.03 in Q2 2026.
- On a quarterly basis, Debt Ratio fell 53.58% year-over-year to 0.03 in Q2 2026; TTM through Jun 2026 was 0.03, a 53.58% decrease from a year earlier, with the FY2025 full-year figure at 0.06, down 25.51% from the prior year.
- Debt Ratio was 0.03 for Q2 2026 at Innodata, down from 0.06 in the prior quarter.
- The five-year high for Debt Ratio was 0.15 in Q1 2023, with the low at 0.03 in Q2 2026.
- Average Debt Ratio over 5 years is 0.1, with a median of 0.12 recorded in 2024.
- The sharpest annual moves came in 2022 and 2026: Debt Ratio grew 16.57% in 2022, then tumbled 53.58% in 2026.
- Over 5 years, Debt Ratio stood at 0.12 in 2022, then grew by 9.11% to 0.14 in 2023, then sank by 45.35% to 0.07 in 2024, then retreated by 25.51% to 0.06 in 2025, then slumped by 42.98% to 0.03 in 2026.
- The last three Debt Ratio figures came in at 0.03 (Q2 2026), 0.06 (Q1 2026), and 0.06 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 44.97 Bn | 44.97 Bn | 1.60 Bn | 0.02 |
| 2 | Cognizant Technology Solutions | 27.17 Bn | 26.12 Bn | 1.83 Bn | 0.08 |
| 3 | Cgi | 15.39 Bn | 14.81 Bn | - | 0.71 |
| 4 | EPAM Systems | 5.98 Bn | 5.19 Bn | 429.57 Mn | 0.01 |
| 5 | Science Applications International | 5.46 Bn | 5.34 Bn | 239.00 Mn | 0.46 |
| 6 | ExlService Holdings | 5.28 Bn | 5.00 Bn | 225.96 Mn | 0.44 |
| 7 | Kyndryl Holdings | 2.79 Bn | 680.69 Mn | 776.00 Mn | 0.49 |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | 0.08 |
| 9 | DXC Technology | 1.80 Bn | -204.47 Mn | 611.00 Mn | 0.27 |
| 10 | Innodata | 1.78 Bn | 1.53 Bn | 42.46 Mn | 0.03 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.03 |
| Mar 31, 2026 | 0.06 |
| Dec 31, 2025 | 0.06 |
| Sep 30, 2025 | 0.06 |
| Jun 30, 2025 | 0.07 |
| Mar 31, 2025 | 0.07 |
| Dec 31, 2024 | 0.07 |
| Sep 30, 2024 | 0.10 |
| Jun 30, 2024 | 0.12 |
| Mar 31, 2024 | 0.13 |
| Dec 31, 2023 | 0.14 |
| Sep 30, 2023 | 0.13 |
| Jun 30, 2023 | 0.15 |
| Mar 31, 2023 | 0.15 |
| Dec 31, 2022 | 0.12 |
| Sep 30, 2022 | 0.14 |
| Jun 30, 2022 | 0.13 |
| Mar 31, 2022 | 0.13 |
| Dec 31, 2021 | 0.13 |
| Sep 30, 2021 | 0.12 |