Innodata (INOD) Gross Margin (2010 - 2026)
Innodata (INOD) posted quarterly Gross Margin of 44.17% for Q1 2026, up 431.0% year-over-year from 8.32% in Q1 2025, and up 15.4% quarter-over-quarter from 38.27% in Q4 2025.
Innodata (INOD) Gross Margin (2010 - 2026) Analysis & Trends
Innodata's Gross Margin history runs 17 years deep, the most recent figure standing at 44.17% for Q1 2026.
- In Q1 2026, Gross Margin rose 431.0% year-over-year to 44.17%; the TTM figure through Mar 2026 stood at 40.94% (up 105.0% YoY), while the FY2025 annual figure was 39.53%, up 18.0% from the prior year.
- Gross Margin for Q1 2026 stood at 44.17%, up from 38.27% in the prior quarter.
- The five-year high for Gross Margin was 45.21% in Q4 2024, with the low at 28.73% in Q2 2024.
- The 5-year median for Gross Margin is 37.1% (2023), against an average of 37.38%.
- Peak annual rise in Gross Margin reached 1070 bps in 2025, while the deepest fall reached 694 bps in 2025.
- Innodata's Gross Margin stood at 34.26% in 2022, then grew by 14 bps to 38.92% in 2023, then rose by 16 bps to 45.21% in 2024, then slipped by 15 bps to 38.27% in 2025, then grew by 15 bps to 44.17% in 2026.
- Business Quant data shows INOD's Gross Margin at 44.17% in Q1 2026, 38.27% in Q4 2025, and 40.77% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 221.55 Bn | 210.19 Bn | 9.91 Bn | 57.73% |
| 2 | Accenture | 112.41 Bn | 102.23 Bn | 6.13 Bn | 32.77% |
| 3 | Infosys | 48.57 Bn | 48.57 Bn | 1.60 Bn | 31.48% |
| 4 | Cgi | 32.78 Bn | 32.32 Bn | - | - |
| 5 | Cognizant Technology Solutions | 28.69 Bn | 27.64 Bn | 1.83 Bn | 33.37% |
| 6 | Fidelity National Information Services | 21.31 Bn | 20.56 Bn | 1.17 Bn | 34.76% |
| 7 | Broadridge Financial Solutions | 20.99 Bn | 20.59 Bn | 853.00 Mn | 38.43% |
| 8 | Wipro | 19.67 Bn | 18.61 Bn | 738.00 Mn | 28.54% |
| 9 | Leidos Holdings | 17.76 Bn | 17.01 Bn | 817.00 Mn | 17.92% |
| 10 | Innodata | 2.17 Bn | 1.92 Bn | 42.46 Mn | 46.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 46.08% |
| Mar 31, 2026 | 44.17% |
| Dec 31, 2025 | 38.27% |
| Sep 30, 2025 | 40.77% |
| Jun 30, 2025 | 39.43% |
| Mar 31, 2025 | 39.85% |
| Dec 31, 2024 | 45.21% |
| Sep 30, 2024 | 40.85% |
| Jun 30, 2024 | 28.73% |
| Mar 31, 2024 | 36.35% |
| Dec 31, 2023 | 38.92% |
| Sep 30, 2023 | 37.10% |
| Jun 30, 2023 | 35.31% |
| Mar 31, 2023 | 31.66% |
| Dec 31, 2022 | 34.26% |
| Sep 30, 2022 | 32.84% |
| Jun 30, 2022 | 35.00% |
| Mar 31, 2022 | 36.70% |
| Dec 31, 2021 | 36.31% |
| Sep 30, 2021 | 38.66% |