Innodata (INOD) Free Cash Flow (2010 - 2026)
Innodata (INOD) recorded Free Cash Flow of $124.29 million in Q2 2026, compared with $2.49 million a year earlier and up 256.8% from the prior quarter.
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Analysis
Innodata (INOD) Free Cash Flow (2010 - 2026) Analysis & Trends
On a TTM basis, Innodata's Free Cash Flow came in at $183.85 million as of Jun 30, 2026, up 413.4% year-over-year; for FY2025, it was $35.65 million, up 31.4% from FY2024.
- Annual Free Cash Flow has a five-year compound annual growth rate of 53.0% (FY2020 to FY2025).
- Across earlier years, Free Cash Flow came in at $27.12 million in FY2024, $339,000 in FY2023, -$7.74 million in FY2022 and $783,000 in FY2021 (-81.6%).
- The Q2 2026 figure is the highest quarterly Free Cash Flow in data going back to Q3 2010.
- On a year-over-year basis, Free Cash Flow rose in three of the last four quarters, with growth averaging 95.8%.
- Per Business Quant, the preceding three quarters came in at $34.84 million (Q1 2026), $10.06 million (Q4 2025) and $14.65 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 52.40 Bn | 38.90 Bn | 1.60 Bn | 1.12 Bn |
| 2 | Cognizant Technology Solutions | 32.46 Bn | 25.62 Bn | 1.83 Bn | 459.00 Mn |
| 3 | Wipro | 22.47 Bn | 17.61 Bn | 745.00 Mn | 599.57 Mn |
| 4 | Cdw | 20.15 Bn | 18.14 Bn | 1.32 Bn | -82.60 Mn |
| 5 | Td Synnex | 19.94 Bn | 14.10 Bn | 1.43 Bn | -975.60 Mn |
| 6 | Cgi | 17.74 Bn | 15.53 Bn | - | 457.05 Mn |
| 7 | Arrow Electronics | 11.21 Bn | 10.16 Bn | 1.13 Bn | 297.21 Mn |
| 8 | Avnet | 7.65 Bn | 6.83 Bn | 865.03 Mn | -307.50 Mn |
| 9 | EPAM Systems | 7.01 Bn | 2.65 Bn | 429.57 Mn | -17.64 Mn |
| 10 | Innodata | 2.02 Bn | 1.50 Bn | 42.46 Mn | 124.29 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 124.29 Mn |
| Mar 31, 2026 | 34.84 Mn |
| Dec 31, 2025 | 10.06 Mn |
| Sep 30, 2025 | 14.65 Mn |
| Jun 30, 2025 | 2.49 Mn |
| Mar 31, 2025 | 8.44 Mn |
| Dec 31, 2024 | 14.96 Mn |
| Sep 30, 2024 | 9.92 Mn |
| Jun 30, 2024 | -3.18 Mn |
| Mar 31, 2024 | 5.43 Mn |
| Dec 31, 2023 | -1.13 Mn |
| Sep 30, 2023 | 298,000.00 |
| Jun 30, 2023 | 1.09 Mn |
| Mar 31, 2023 | 82,000.00 |
| Dec 31, 2022 | -829,000.00 |
| Sep 30, 2022 | 597,000.00 |
| Jun 30, 2022 | -4.08 Mn |
| Mar 31, 2022 | -3.44 Mn |
| Dec 31, 2021 | -1.94 Mn |
| Sep 30, 2021 | -1.39 Mn |
API Access
Innodata Free Cash Flow 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=free-cash-flow&ticker=INOD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=INOD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();