Innodata (INOD) Operating Expenses (2010 - 2026)
Innodata's (INOD) quarterly Operating Expenses came in at $72.8 million in Q1 2026, up 45.67% year-on-year from $49.9 million in Q1 2025, and up 19.24% quarter-over-quarter from $61.0 million in Q4 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.
- On a quarterly basis, Operating Expenses rose 45.67% year-over-year to $72.8 million in Q1 2026; TTM through Mar 2026 was $233.0 million, a 36.42% increase from a year earlier, with the FY2025 full-year figure at $210.2 million, up 44.02% from the prior year.
- Operating Expenses rose to $72.8 million in Q1 2026 per INOD's latest filing, from $61.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $72.8 million in Q1 2026 and bottomed at $20.3 million in Q2 2023.
- The 5-year median for Operating Expenses is $25.1 million (2024), against an average of $35.6 million.
- Across the five-year window, Operating Expenses fell 12.83% in 2023 and surged 99.06% in 2025, its largest moves.
- Year by year, Operating Expenses 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.
- Per Business Quant, the three latest INOD Operating Expenses figures stand at $72.8 million (Q1 2026), $61.0 million (Q4 2025), and $50.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | 7.29 Bn |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 15.54 Bn |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn | -27.00 Mn |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn | 528.00 Mn |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - | 29.83 Mn |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn | 605.00 Mn |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 791.00 Mn |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | 2.23 Bn |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | 1.59 Bn |
| 10 | Innodata | 2.15 Bn | 2.03 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 |