Innodata (INOD) FCF Margin (2010 - 2026)
Innodata (INOD) posted FCF Margin of 134.89% for Q2 2026, up 130.62 percentage points from 4.27% a year earlier and up 96.23 percentage points from the prior quarter.
Innodata (INOD) FCF Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, FCF Margin at Innodata was 57.97%, up 42.27 percentage points year-over-year; for FY2025, it was 14.16%, down 1.75 percentage points from FY2024.
- Annual FCF Margin shows a five-year change of +6.87 percentage points (FY2020 to FY2025).
- In prior years, Innodata's FCF Margin was 15.91% in FY2024 (+15.52 pp), 0.39% in FY2023 (+10.19 pp), -9.80% in FY2022 (-10.92 pp) and 1.12% in FY2021 (-6.17 pp).
- The Q2 2026 figure stands as the highest quarterly FCF Margin in data going back to Q3 2010.
- On a year-over-year basis, FCF Margin increased in six of the last eight quarters, with an average year-over-year change of +25.40 percentage points.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q2 2026, with a gain of 130.62 percentage points; the weakest was Q2 2022, with a drop of 43.02 percentage points.
- According to Business Quant data, FCF Margin for the three prior quarters was 38.67% (Q1 2026), 13.90% (Q4 2025) and 23.43% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 52.03 Bn | 38.53 Bn | 1.60 Bn | 21.98% |
| 2 | Cognizant Technology Solutions | 31.75 Bn | 24.91 Bn | 1.83 Bn | 8.37% |
| 3 | Wipro | 21.48 Bn | 16.18 Bn | 738.00 Mn | 14.81% |
| 4 | Cdw | 19.70 Bn | 17.69 Bn | 1.32 Bn | -1.26% |
| 5 | Td Synnex | 19.65 Bn | 13.81 Bn | 1.43 Bn | -4.53% |
| 6 | Cgi | 17.59 Bn | 15.39 Bn | - | 15.08% |
| 7 | Arrow Electronics | 11.05 Bn | 10.00 Bn | 1.13 Bn | 2.97% |
| 8 | Avnet | 7.49 Bn | 6.67 Bn | 865.03 Mn | -3.71% |
| 9 | EPAM Systems | 6.82 Bn | 2.46 Bn | 429.57 Mn | -1.25% |
| 10 | Innodata | 1.84 Bn | 1.31 Bn | 42.46 Mn | 134.89% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 134.89% |
| Mar 31, 2026 | 38.67% |
| Dec 31, 2025 | 13.90% |
| Sep 30, 2025 | 23.43% |
| Jun 30, 2025 | 4.27% |
| Mar 31, 2025 | 14.46% |
| Dec 31, 2024 | 25.28% |
| Sep 30, 2024 | 18.99% |
| Jun 30, 2024 | -9.77% |
| Mar 31, 2024 | 20.48% |
| Dec 31, 2023 | -4.33% |
| Sep 30, 2023 | 1.34% |
| Jun 30, 2023 | 5.54% |
| Mar 31, 2023 | 0.44% |
| Dec 31, 2022 | -4.28% |
| Sep 30, 2022 | 3.24% |
| Jun 30, 2022 | -20.39% |
| Mar 31, 2022 | -16.21% |
| Dec 31, 2021 | -10.06% |
| Sep 30, 2021 | -7.97% |
Innodata FCF Margin 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=fcf-margin&ticker=INOD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=INOD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();