Innodata (INOD) Shares Outstanding (2010 - 2026)
Innodata (INOD) recorded Shares Outstanding of 33.47 million in Q2 2026, up 5.3% from 31.79 million a year earlier and up 2.6% from the prior quarter.
Analysis
Innodata (INOD) Shares Outstanding (2010 - 2026) Analysis & Trends
For FY2025, Innodata reported Shares Outstanding of 31.81 million, up 9.1% from FY2024.
- Annual Shares Outstanding has increased for five straight years, with a five-year compound annual growth rate of 5.3% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding came in at 29.16 million in FY2024 (+3.7%), 28.13 million in FY2023 (+3.1%), 27.28 million in FY2022 (+2.4%) and 26.63 million in FY2021 (+8.2%).
- The Q2 2026 figure is the highest quarterly Shares Outstanding in data going back to Q2 2010.
- On a year-over-year basis, Shares Outstanding has increased for 22 consecutive quarters, with growth averaging 6.6% over the last eight quarters.
- Across the past five years, year-over-year growth in Shares Outstanding ran from 1.1% in Q1 2023 to 10.2% in Q3 2021.
- Per Business Quant, the preceding three quarters came in at 32.63 million (Q1 2026), 31.81 million (Q4 2025) and 31.85 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 52.40 Bn | 38.90 Bn | 1.60 Bn | 4.11 Bn |
| 2 | Cognizant Technology Solutions | 32.46 Bn | 25.62 Bn | 1.83 Bn | 466.00 Mn |
| 3 | Wipro | 22.47 Bn | 17.61 Bn | 745.00 Mn | 10.48 Bn |
| 4 | Cdw | 20.15 Bn | 18.14 Bn | 1.32 Bn | 127.00 Mn |
| 5 | Td Synnex | 19.94 Bn | 14.10 Bn | 1.43 Bn | 79.21 Mn |
| 6 | Cgi | 17.74 Bn | 15.53 Bn | - | 222.69 Mn |
| 7 | Arrow Electronics | 11.21 Bn | 10.16 Bn | 1.13 Bn | 51.31 Mn |
| 8 | Avnet | 7.65 Bn | 6.83 Bn | 865.03 Mn | 82.16 Mn |
| 9 | EPAM Systems | 7.01 Bn | 2.65 Bn | 429.57 Mn | 52.20 Mn |
| 10 | Innodata | 2.02 Bn | 1.50 Bn | 42.46 Mn | 33.47 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.47 Mn |
| Mar 31, 2026 | 32.63 Mn |
| Dec 31, 2025 | 31.81 Mn |
| Sep 30, 2025 | 31.85 Mn |
| Jun 30, 2025 | 31.79 Mn |
| Mar 31, 2025 | 31.43 Mn |
| Dec 31, 2024 | 29.16 Mn |
| Sep 30, 2024 | 28.99 Mn |
| Jun 30, 2024 | 28.88 Mn |
| Mar 31, 2024 | 28.75 Mn |
| Dec 31, 2023 | 28.13 Mn |
| Sep 30, 2023 | 28.46 Mn |
| Jun 30, 2023 | 27.86 Mn |
| Mar 31, 2023 | 27.46 Mn |
| Dec 31, 2022 | 27.28 Mn |
| Sep 30, 2022 | 27.33 Mn |
| Jun 30, 2022 | 27.23 Mn |
| Mar 31, 2022 | 27.16 Mn |
| Dec 31, 2021 | 26.63 Mn |
| Sep 30, 2021 | 26.97 Mn |
API Access
Innodata Shares Outstanding 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=shares-outstanding&ticker=INOD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=INOD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();