Innodata (INOD) Tax Provisions (2010 - 2026)
Innodata (INOD) recorded Tax Provisions of -$5.94 million in Q3 2024, compared with $374,000 a year earlier.
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Analysis
Innodata (INOD) Tax Provisions (2010 - 2026) Analysis & Trends
On a TTM basis, Innodata's Tax Provisions came in at -$4.99 million as of Sep 30, 2024; for FY2023, it came in at $1.03 million, down 32.5% from FY2022.
- Annual Tax Provisions has a five-year compound annual growth rate of -10.7% (FY2018 to FY2023).
- Across earlier years, Tax Provisions came in at $1.52 million in FY2022 (+80.8%), $842,000 in FY2021 (+110.0%), $401,000 in FY2020 (-63.2%) and $1.09 million in FY2019 (-39.7%).
- The Q3 2024 figure is the lowest quarterly Tax Provisions in data going back to Q2 2010.
- On a year-over-year basis, Tax Provisions rose in five of the last seven quarters, with growth averaging 11.1%.
- Peak year-over-year performance for Tax Provisions in the last five years was growth of 116.6% in Q2 2021, against a decline of 65.8% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $285,000 (Q2 2024), $424,000 (Q1 2024) and $248,000 (Q4 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 52.40 Bn | 38.90 Bn | 1.60 Bn | 343.00 Mn |
| 2 | Cognizant Technology Solutions | 32.46 Bn | 25.62 Bn | 1.83 Bn | 231.00 Mn |
| 3 | Wipro | 22.47 Bn | 17.61 Bn | 745.00 Mn | -105.00 Mn |
| 4 | Cdw | 20.15 Bn | 18.14 Bn | 1.32 Bn | 99.00 Mn |
| 5 | Td Synnex | 19.94 Bn | 14.10 Bn | 1.43 Bn | 139.01 Mn |
| 6 | Cgi | 17.74 Bn | 15.53 Bn | - | 121.97 Mn |
| 7 | Arrow Electronics | 11.21 Bn | 10.16 Bn | 1.13 Bn | 80.31 Mn |
| 8 | Avnet | 7.65 Bn | 6.83 Bn | 865.03 Mn | 33.58 Mn |
| 9 | EPAM Systems | 7.01 Bn | 2.65 Bn | 429.57 Mn | 37.57 Mn |
| 10 | Innodata | 2.02 Bn | 1.50 Bn | 42.46 Mn | 3.14 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.14 Mn |
| Mar 31, 2026 | 2.44 Mn |
| Dec 31, 2025 | 2.53 Mn |
| Sep 30, 2025 | 3.84 Mn |
| Jun 30, 2025 | 2.27 Mn |
| Mar 31, 2025 | 612,000.00 |
| Dec 31, 2024 | 1.05 Mn |
| Sep 30, 2024 | -5.94 Mn |
| Jun 30, 2024 | 285,000.00 |
| Mar 31, 2024 | 424,000.00 |
| Dec 31, 2023 | 248,000.00 |
| Sep 30, 2023 | 374,000.00 |
| Jun 30, 2023 | 188,000.00 |
| Mar 31, 2023 | 218,000.00 |
| Dec 31, 2022 | 229,000.00 |
| Sep 30, 2022 | 268,000.00 |
| Jun 30, 2022 | 550,000.00 |
| Mar 31, 2022 | 475,000.00 |
| Dec 31, 2021 | 221,000.00 |
| Sep 30, 2021 | 328,000.00 |
API Access
Innodata Tax Provisions 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=tax-provisions&ticker=INOD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=INOD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();