Innodata (INOD) Gross Margin (2010 - 2026)

Innodata's (INOD) quarterly Gross Margin came in at 44.17% in Q1 2026, up 431.0% year-on-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.

  • On a quarterly basis, Gross Margin rose 431.0% year-over-year to 44.17% in Q1 2026; TTM through Mar 2026 was 40.94%, a 105.0% increase from a year earlier, with the FY2025 full-year figure at 39.53%, up 18.0% from the prior year.
  • Gross Margin improved to 44.17% in Q1 2026 per INOD's latest filing, from 38.27% in the prior quarter.
  • Across five years, Gross Margin topped out at 45.21% in Q4 2024 and bottomed at 28.73% in Q2 2024.
  • The 5-year median for Gross Margin is 37.1% (2023), against an average of 37.38%.
  • Biggest YoY gain for Gross Margin was 1070 bps in 2025; the steepest drop was 694 bps in 2025.
  • Year by year, Gross Margin stood at 34.26% in 2022, then increased by 14 bps to 38.92% in 2023, then gained by 16 bps to 45.21% in 2024, then dropped by 15 bps to 38.27% in 2025, then increased by 15 bps to 44.17% in 2026.
  • Per Business Quant, the three latest INOD Gross Margin figures stand at 44.17% (Q1 2026), 38.27% (Q4 2025), and 40.77% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 57.73%
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 32.77%
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn 33.61%
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn 31.48%
5 Cgi 41.25 Bn 40.60 Bn - -
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn 33.63%
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn 32.79%
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn 28.54%
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn 32.09%
10 Innodata 2.15 Bn 2.03 Bn 39.79 Mn 44.17%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 38.95%