Innodata (INOD) Operating Margin (2010 - 2026)

Innodata (INOD) recorded quarterly Operating Margin of 18.76% in Q1 2026, up 24.2% quarter-over-quarter from 15.1% in Q4 2025, and up 458.0% on a YoY basis from 3.36% in Q1 2025.

Innodata (INOD) Operating Margin (2010 - 2026) Analysis & Trends

Innodata's Operating Margin history runs 17 years deep, the most recent figure standing at 18.76% for Q1 2026.

  • In Q1 2026, Operating Margin rose 458.0% year-over-year to 18.76%; the TTM figure through Mar 2026 stood at 17.11% (up 165.0% YoY), while the FY2025 annual figure was 15.84%, up 157.0% from the prior year.
  • Operating Margin was 18.76% for Q1 2026 at Innodata, up from 15.1% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 21.87% in Q3 2024 to a low of 83.74% in Q3 2022.
  • Historically, Operating Margin has averaged 26.18% across 5 years, with a median of 1.02% in 2024.
  • The sharpest annual moves came in 2022 and 2024: Operating Margin sank 1943 bps in 2022, then soared 8341 bps in 2024.
  • A 5-year view of Operating Margin shows it stood at 74.67% in 2022, then increased by 28 bps to 53.78% in 2023, then surged by 135 bps to 19.02% in 2024, then retreated by 21 bps to 15.1% in 2025, then gained by 24 bps to 18.76% in 2026.
  • The last three Operating Margin figures came in at 18.76% (Q1 2026), 15.1% (Q4 2025), and 18.8% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn 20.93%
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn 10.61%
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn 17.31%
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn 13.82%
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn 15.57%
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn 12.84%
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn 18.40%
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn 6.62%
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn 11.55%
10 Innodata 3.33 Bn 3.21 Bn 39.79 Mn 18.76%

Historic Data

Download Data
DateValue
Mar 31, 2026 18.76%
Dec 31, 2025 15.10%
Sep 30, 2025 18.80%
Jun 30, 2025 15.26%
Mar 31, 2025 14.18%
Dec 31, 2024 19.02%
Sep 30, 2024 21.87%
Jun 30, 2024 1.02%
Mar 31, 2024 5.02%
Dec 31, 2023 -53.78%
Sep 30, 2023 -59.49%
Jun 30, 2023 -67.88%
Mar 31, 2023 -78.40%
Dec 31, 2022 -74.67%
Sep 30, 2022 -83.74%
Jun 30, 2022 -81.42%
Mar 31, 2022 -74.69%
Dec 31, 2021 -68.96%
Sep 30, 2021 -64.31%
Jun 30, 2021 -63.07%