Innodata (INOD) Payables (2010 - 2026)
Innodata's Payables was $53.04 million in Q2 2026, compared with $4.49 million a year earlier.
Analysis
Innodata (INOD) Payables (2010 - 2026) Analysis & Trends
At the end of FY2025, Payables at Innodata came in at $9.62 million, up 111.1% from FY2024.
- Payables has now increased for six consecutive years, with a five-year compound annual growth rate of 46.3% (FY2020 to FY2025).
- In earlier years, Payables was $4.55 million in FY2024 (+71.1%), $2.66 million in FY2023 (+1.2%), $2.63 million in FY2022 (+44.3%) and $1.82 million in FY2021 (+27.0%).
- The Q2 2026 figure marks the highest quarterly Payables in data going back to Q4 2010.
- Compared with a year earlier, Payables was higher in six of the last seven quarters, with growth averaging 54.4%.
- The best year-over-year quarter for Payables over five years was Q1 2025 (growth of 115.2%); the worst was Q3 2023 (a decline of 17.9%).
- Per Business Quant data, INOD's Payables in the three quarters before Q2 2026 was $4.18 million (Q1 2026), $9.62 million (Q4 2025) and $4.39 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 52.03 Bn | 38.53 Bn | 1.60 Bn | 463.00 Mn |
| 2 | Cognizant Technology Solutions | 31.75 Bn | 24.91 Bn | 1.83 Bn | 390.00 Mn |
| 3 | Wipro | 21.48 Bn | 16.18 Bn | 738.00 Mn | 995.00 Mn |
| 4 | Cdw | 19.70 Bn | 17.69 Bn | 1.32 Bn | 5.12 Bn |
| 5 | Td Synnex | 19.65 Bn | 13.81 Bn | 1.43 Bn | 22.44 Bn |
| 6 | Cgi | 17.59 Bn | 15.39 Bn | - | 788.09 Mn |
| 7 | Arrow Electronics | 11.05 Bn | 10.00 Bn | 1.13 Bn | 27.11 Bn |
| 8 | Avnet | 7.49 Bn | 6.67 Bn | 865.03 Mn | 6.05 Bn |
| 9 | EPAM Systems | 6.82 Bn | 2.46 Bn | 429.57 Mn | 41.55 Mn |
| 10 | Innodata | 1.84 Bn | 1.31 Bn | 42.46 Mn | 53.04 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 53.04 Mn |
| Mar 31, 2026 | 4.18 Mn |
| Dec 31, 2025 | 9.62 Mn |
| Sep 30, 2025 | 4.39 Mn |
| Jun 30, 2025 | 4.49 Mn |
| Mar 31, 2025 | 4.50 Mn |
| Dec 31, 2024 | 4.55 Mn |
| Sep 30, 2024 | 3.49 Mn |
| Jun 30, 2024 | 3.73 Mn |
| Mar 31, 2024 | 2.09 Mn |
| Dec 31, 2023 | 2.66 Mn |
| Sep 30, 2023 | 2.42 Mn |
| Jun 30, 2023 | 2.72 Mn |
| Mar 31, 2023 | 2.23 Mn |
| Dec 31, 2022 | 2.63 Mn |
| Sep 30, 2022 | 2.95 Mn |
| Jun 30, 2022 | 2.05 Mn |
| Mar 31, 2022 | 1.73 Mn |
| Dec 31, 2021 | 1.82 Mn |
| Sep 30, 2021 | 1.76 Mn |
API Access
Innodata Payables 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=payables&ticker=INOD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=INOD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();