Innodata (INOD) EV to FCF (2011 - 2026)
Innodata's (INOD) EV to FCF was 12.77 for Q2 2026, down 70.9% from 43.88 a year earlier and down 30.7% from the prior quarter.
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Analysis
Innodata (INOD) EV to FCF (2011 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Innodata's EV to FCF came in at 11.28, down 72.0% year-over-year; for FY2025, it was 43.91, up 0.1% from FY2024.
- By year, EV to FCF came in at 43.87 in FY2024 (-93.2%), 647.56 in FY2023 and 176.73 in FY2021 (+548.1%).
- The Q2 2026 figure ranks as the lowest quarterly EV to FCF since Q2 2020.
- Year over year, EV to FCF gained in three of the last eight quarters, with an average decline of 40.6%.
- The high point for year-over-year EV to FCF in five years was Q4 2021 (growth of 548.1%); the low point was Q4 2024 (a decline of 93.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 18.43 (Q1 2026), 43.91 (Q4 2025) and 58.73 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 53.66 Bn | 40.21 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 33.32 Bn | 26.49 Bn | 1.83 Bn |
| 3 | Wipro | 22.86 Bn | 18.03 Bn | 745.00 Mn |
| 4 | Cdw | 20.63 Bn | 18.61 Bn | 1.32 Bn |
| 5 | Td Synnex | 19.71 Bn | 13.87 Bn | 1.43 Bn |
| 6 | Cgi | 18.28 Bn | 16.08 Bn | - |
| 7 | Arrow Electronics | 10.66 Bn | 9.69 Bn | 1.13 Bn |
| 8 | Avnet | 7.27 Bn | 6.46 Bn | 865.03 Mn |
| 9 | EPAM Systems | 7.15 Bn | 2.79 Bn | 429.57 Mn |
| 10 | Innodata | 2.05 Bn | 1.53 Bn | 42.46 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.77 |
| Mar 31, 2026 | 18.43 |
| Dec 31, 2025 | 43.91 |
| Sep 30, 2025 | 58.73 |
| Jun 30, 2025 | 43.88 |
| Mar 31, 2025 | 35.94 |
| Dec 31, 2024 | 43.87 |
| Sep 30, 2024 | 41.63 |
| Jun 30, 2024 | 291.84 |
| Mar 31, 2024 | 29.92 |
| Dec 31, 2023 | 647.56 |
| Sep 30, 2023 | 358.37 |
| Jun 30, 2023 | 326.13 |
| Dec 31, 2021 | 176.73 |
| Sep 30, 2021 | 96.41 |
| Jun 30, 2021 | 26.86 |
| Mar 31, 2021 | 33.50 |
| Dec 31, 2020 | 27.27 |
| Sep 30, 2020 | 16.14 |
| Jun 30, 2020 | 7.70 |
API Access
Innodata EV to FCF 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-fcf&ticker=INOD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=INOD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();