Innodata (INOD) EV to CFO (2011 - 2026)
Innodata's EV to CFO came in at 11.97 for Q2 2026, down 66.8% from 36.09 a year earlier and down 23.4% from the prior quarter.
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Analysis
Innodata (INOD) EV to CFO (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Innodata reported EV to CFO of 10.57, down 68.1% year-over-year; for FY2025, it was 33.48, down 1.9% from FY2024.
- Going back by year, EV to CFO was 34.13 in FY2024 (-8.2%), 37.19 in FY2023 and 26.86 in FY2021 (+31.3%).
- The Q2 2026 figure represents the lowest quarterly EV to CFO since Q3 2020.
- Year-over-year, EV to CFO has declined for three consecutive quarters, with an average decline of 2.7% over the last eight quarters.
- The fastest year-over-year change in EV to CFO over five years came in Q3 2021 (growth of 262.6%), and the weakest in Q1 2024 (a decline of 85.6%).
- Business Quant data shows INOD's EV to CFO at 15.62 (Q1 2026), 33.48 (Q4 2025) and 46.65 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 50.81 Bn | 42.20 Bn | - |
| 2 | Cognizant Technology Solutions | 28.52 Bn | 22.49 Bn | 1.91 Bn |
| 3 | Cdw | 20.95 Bn | 17.85 Bn | 1.39 Bn |
| 4 | Td Synnex | 18.62 Bn | 12.78 Bn | 1.43 Bn |
| 5 | Arrow Electronics | 10.10 Bn | 9.05 Bn | 1.13 Bn |
| 6 | EPAM Systems | 7.92 Bn | 3.84 Bn | 445.94 Mn |
| 7 | Avnet | 7.12 Bn | 6.30 Bn | 865.03 Mn |
| 8 | ExlService Holdings | 6.52 Bn | 5.32 Bn | 241.14 Mn |
| 9 | Science Applications International | 6.35 Bn | 5.89 Bn | 239.00 Mn |
| 10 | Innodata | 1.24 Bn | 623.11 Mn | 35.54 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 22.45 |
| Jun 30, 2026 | 11.97 |
| Mar 31, 2026 | 15.62 |
| Dec 31, 2025 | 33.48 |
| Sep 30, 2025 | 46.65 |
| Jun 30, 2025 | 36.09 |
| Mar 31, 2025 | 27.85 |
| Dec 31, 2024 | 34.13 |
| Sep 30, 2024 | 25.80 |
| Jun 30, 2024 | 51.37 |
| Mar 31, 2024 | 15.62 |
| Dec 31, 2023 | 37.19 |
| Sep 30, 2023 | 36.80 |
| Jun 30, 2023 | 44.78 |
| Mar 31, 2023 | 108.39 |
| Mar 31, 2022 | 59.98 |
| Dec 31, 2021 | 26.86 |
| Sep 30, 2021 | 41.49 |
| Jun 30, 2021 | 20.39 |
| Mar 31, 2021 | 25.59 |
API Access
Innodata EV to CFO 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=ev-to-cfo&ticker=INOD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=INOD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();