Innodata (INOD) EV to EBITDA (2010 - 2026)
Innodata (INOD) posted EV to EBITDA of 148.02 for Q2 2026, up 118.74% on a QoQ basis from 67.67 in Q1 2026, and down 16.05% year-over-year from 176.32 in Q2 2025.
Analysis
Innodata (INOD) EV to EBITDA (2010 - 2026) Analysis & Trends
Innodata has reported EV to EBITDA for 17 years, with the latest figure at 148.02 in Q2 2026.
- On a quarterly basis, EV to EBITDA fell 16.05% year-over-year to 148.02 in Q2 2026; TTM through Jun 2026 was 42.34, a 7.4% increase from a year earlier, with the FY2025 full-year figure at 39.26, down 19.72% from the prior year.
- EV to EBITDA was 148.02 for Q2 2026 at Innodata, up from 67.67 in the prior quarter.
- The five-year high for EV to EBITDA was 1246.73 in Q2 2024, with the low at 22.95 in Q2 2023.
- Average EV to EBITDA over 5 years is 127.23, with a median of 53.94 recorded in 2026.
- The sharpest annual moves came in 2023 and 2024: EV to EBITDA slumped 277.28% in 2023, then jumped 5531.68% in 2024.
- Over 5 years, EV to EBITDA stood at 4.85 in 2022, then slumped by 221.99% to 15.63 in 2023, then soared by 776.47% to 105.74 in 2024, then surged by 35.42% to 143.19 in 2025, then grew by 3.37% to 148.02 in 2026.
- The last three EV to EBITDA figures came in at 148.02 (Q2 2026), 67.67 (Q1 2026), and 143.19 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 47.37 Bn | 47.42 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 28.16 Bn | 27.11 Bn | 1.83 Bn |
| 3 | Cgi | 14.44 Bn | 13.86 Bn | - |
| 4 | EPAM Systems | 6.04 Bn | 5.25 Bn | 429.57 Mn |
| 5 | ExlService Holdings | 5.56 Bn | 5.27 Bn | 225.96 Mn |
| 6 | Science Applications International | 5.32 Bn | 5.20 Bn | 239.00 Mn |
| 7 | Kyndryl Holdings | 2.86 Bn | 850.31 Mn | 776.00 Mn |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn |
| 9 | Innodata | 1.91 Bn | 1.66 Bn | 42.46 Mn |
| 10 | DXC Technology | 1.86 Bn | 135.62 Mn | 611.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 148.02 |
| Mar 31, 2026 | 67.67 |
| Dec 31, 2025 | 143.19 |
| Sep 30, 2025 | 202.52 |
| Jun 30, 2025 | 176.32 |
| Mar 31, 2025 | 130.92 |
| Dec 31, 2024 | 105.74 |
| Sep 30, 2024 | 40.21 |
| Jun 30, 2024 | 1,246.73 |
| Mar 31, 2024 | 127.88 |
| Dec 31, 2023 | -15.63 |
| Sep 30, 2023 | -17.39 |
| Jun 30, 2023 | -22.95 |
| Mar 31, 2023 | -15.15 |
| Dec 31, 2022 | -4.85 |
| Sep 30, 2022 | -4.61 |
| Jun 30, 2022 | -7.43 |
| Mar 31, 2022 | -10.98 |
| Dec 31, 2021 | -10.40 |
| Sep 30, 2021 | -20.89 |