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
DateValue
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