Innodata (INOD) Operating Expenses (2010 - 2026)
Innodata (INOD) recorded quarterly Operating Expenses of $72.8 million in Q1 2026, up 19.24% quarter-over-quarter from $61.0 million in Q4 2025, and up 45.67% on a YoY basis from $49.9 million in Q1 2025.
Innodata (INOD) Operating Expenses (2010 - 2026) Analysis & Trends
Innodata's Operating Expenses history runs 17 years deep, the most recent figure standing at $72.8 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 45.67% year-over-year to $72.8 million; the TTM figure through Mar 2026 stood at $233.0 million (up 36.42% YoY), while the FY2025 annual figure was $210.2 million, up 44.02% from the prior year.
- Operating Expenses was $72.8 million for Q1 2026 at Innodata, up from $61.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $72.8 million in Q1 2026 to a low of $20.3 million in Q2 2023.
- Historically, Operating Expenses has averaged $35.6 million across 5 years, with a median of $25.1 million in 2024.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses dropped 12.83% in 2023, then soared 99.06% in 2025.
- A 5-year view of Operating Expenses shows it stood at $21.1 million in 2022, then gained by 14.71% to $24.2 million in 2023, then soared by 97.59% to $47.8 million in 2024, then climbed by 27.57% to $61.0 million in 2025, then gained by 19.24% to $72.8 million in 2026.
- The last three Operating Expenses figures came in at $72.8 million (Q1 2026), $61.0 million (Q4 2025), and $50.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 500.00 Mn |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 7.26 Bn |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | -158.00 Mn |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 15.55 Bn |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 791.00 Mn |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 605.00 Mn |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 1.59 Bn |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 814.00 Mn |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 223.00 Mn |
| 10 | Innodata | 3.33 Bn | 3.21 Bn | 39.79 Mn | 72.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 72.75 Mn |
| Dec 31, 2025 | 61.02 Mn |
| Sep 30, 2025 | 50.37 Mn |
| Jun 30, 2025 | 48.91 Mn |
| Mar 31, 2025 | 49.95 Mn |
| Dec 31, 2024 | 47.83 Mn |
| Sep 30, 2024 | 40.78 Mn |
| Jun 30, 2024 | 32.28 Mn |
| Mar 31, 2024 | 25.09 Mn |
| Dec 31, 2023 | 24.21 Mn |
| Sep 30, 2023 | 21.41 Mn |
| Jun 30, 2023 | 20.28 Mn |
| Mar 31, 2023 | 20.73 Mn |
| Dec 31, 2022 | 21.10 Mn |
| Sep 30, 2022 | 21.51 Mn |
| Jun 30, 2022 | 23.27 Mn |
| Mar 31, 2022 | 23.61 Mn |
| Dec 31, 2021 | 20.31 Mn |
| Sep 30, 2021 | 17.97 Mn |
| Jun 30, 2021 | 17.39 Mn |