Innodata (INOD) Tax Provisions (2010 - 2024)
Innodata (INOD) recorded quarterly Tax Provisions of -$5.9 million in Q3 2024, down 2185.61% quarter-over-quarter from $285000.0 in Q2 2024, and down 1689.3% on a YoY basis from $374000.0 in Q4 2023.
Innodata (INOD) Tax Provisions (2010 - 2024) Analysis & Trends
Innodata's Tax Provisions history runs 15 years deep, the most recent figure standing at -$5.9 million for Q3 2024.
- In Q3 2024, Tax Provisions fell 1689.3% year-over-year to -$5.9 million; the TTM figure through Sep 2024 stood at -$4.7 million (down 694.82% YoY), while the FY2023 annual figure was $1.3 million, changed 0.08% from the prior year.
- Tax Provisions was -$5.9 million for Q3 2024 at Innodata, down from $285000.0 in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $550000.0 in Q2 2022 to a low of -$5.9 million in Q3 2024.
- Historically, Tax Provisions has averaged -$72789.5 across 5 years, with a median of $268000.0 in 2022.
- The sharpest annual moves came in 2023 and 2024: Tax Provisions surged 4266.67% in 2023, then plunged 1689.3% in 2024.
- A 5-year view of Tax Provisions shows it stood at -$103000.0 in 2020, then soared by 314.56% to $221000.0 in 2021, then sank by 94.57% to $12000.0 in 2022, then soared by 4266.67% to $524000.0 in 2023, then sank by 1234.35% to -$5.9 million in 2024.
- The last three Tax Provisions figures came in at -$5.9 million (Q3 2024), $285000.0 (Q2 2024), and $424000.0 (Q1 2024), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 248.00 Mn |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 172.00 Mn |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | - |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 597.27 Mn |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 208.00 Mn |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 106.00 Mn |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 64.30 Mn |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 83.60 Mn |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 94.00 Mn |
| 10 | Innodata | 3.33 Bn | 3.21 Bn | 39.79 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | -5.94 Mn |
| Jun 30, 2024 | 285,000.00 |
| Mar 31, 2024 | 424,000.00 |
| Dec 31, 2023 | 524,000.00 |
| Sep 30, 2023 | 374,000.00 |
| Jun 30, 2023 | 188,000.00 |
| Mar 31, 2023 | 218,000.00 |
| Dec 31, 2022 | 12,000.00 |
| 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 |
| Jun 30, 2021 | 366,000.00 |
| Mar 31, 2021 | -73,000.00 |
| Dec 31, 2020 | -103,000.00 |
| Sep 30, 2020 | -70,000.00 |
| Jun 30, 2020 | 169,000.00 |
| Mar 31, 2020 | 405,000.00 |
| Dec 31, 2019 | 591,000.00 |