Innodata (INOD) Net Margin (2010 - 2026)
Innodata (INOD) posted Net Margin of 19.05% for Q2 2026, up 6.69 percentage points from 12.36% a year earlier and up 2.52 percentage points from the prior quarter.
Innodata (INOD) Net Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at Innodata was 17.65%, down 1.52 percentage points year-over-year; for FY2025, it was 16.46%, up 2.10 percentage points from FY2024.
- Annual Net Margin has increased for three consecutive years, with a five-year change of +15.40 percentage points (FY2020 to FY2025).
- In prior years, Innodata's Net Margin was 14.36% in FY2024 (+15.41 pp), -1.05% in FY2023 (+14.06 pp), -15.11% in FY2022 (-12.71 pp) and -2.40% in FY2021 (-3.46 pp).
- Quarterly Net Margin has run from a low of -19.18% in Q2 2022 to a high of 33.30% in Q3 2024 over five years.
- On a year-over-year basis, Net Margin increased in six of the last eight quarters, with an average year-over-year change of +7.38 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was Q3 2024, with a gain of 31.62 percentage points; the weakest was Q2 2022, with a drop of 18.57 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 16.54% (Q1 2026), 15.69% (Q4 2025) and 19.47% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 52.03 Bn | 38.53 Bn | 1.60 Bn | 1,528.73% |
| 2 | Cognizant Technology Solutions | 31.75 Bn | 24.91 Bn | 1.83 Bn | 11.60% |
| 3 | Wipro | 21.48 Bn | 16.18 Bn | 738.00 Mn | 13.73% |
| 4 | Cdw | 19.70 Bn | 17.69 Bn | 1.32 Bn | 4.18% |
| 5 | Td Synnex | 19.65 Bn | 13.81 Bn | 1.43 Bn | 1.93% |
| 6 | Cgi | 17.59 Bn | 15.39 Bn | - | 11.09% |
| 7 | Arrow Electronics | 11.05 Bn | 10.00 Bn | 1.13 Bn | 2.73% |
| 8 | Avnet | 7.49 Bn | 6.67 Bn | 865.03 Mn | 1.53% |
| 9 | EPAM Systems | 6.82 Bn | 2.46 Bn | 429.57 Mn | 7.28% |
| 10 | Innodata | 1.84 Bn | 1.31 Bn | 42.46 Mn | 15.64% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.64% |
| Mar 31, 2026 | 16.54% |
| Dec 31, 2025 | 12.20% |
| Sep 30, 2025 | 13.34% |
| Jun 30, 2025 | 12.36% |
| Mar 31, 2025 | 13.35% |
| Dec 31, 2024 | 17.40% |
| Sep 30, 2024 | 33.30% |
| Jun 30, 2024 | -0.04% |
| Mar 31, 2024 | 3.73% |
| Dec 31, 2023 | 6.33% |
| Sep 30, 2023 | 1.67% |
| Jun 30, 2023 | -4.15% |
| Mar 31, 2023 | -11.23% |
| Dec 31, 2022 | -10.12% |
| Sep 30, 2022 | -18.04% |
| Jun 30, 2022 | -19.18% |
| Mar 31, 2022 | -13.28% |
| Dec 31, 2021 | -6.06% |
| Sep 30, 2021 | -4.58% |
Innodata Net 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=net-margin&ticker=INOD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=INOD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();