Growth Metrics

Innodata (INOD) Tax Rate (2016 - 2024)

Innodata (INOD) has 15 years of Tax Rate data on record, last reported at 1.24% in Q2 2024.

  • For Q2 2024, Tax Rate changed N/A year-over-year to 1.24%; the TTM value through Jun 2024 reached 7.02%, changed N/A, while the annual FY2025 figure was 50.17%, N/A changed from the prior year.
  • Tax Rate reached 1.24% in Q2 2024 per INOD's latest filing, down from 29.99% in the prior quarter.
  • Across five years, Tax Rate topped out at 324.0% in Q1 2020 and bottomed at 63.2% in Q3 2021.
  • Average Tax Rate over 5 years is 28.05%, with a median of 1.74% recorded in 2022.
  • The widest YoY moves for Tax Rate: up 31815bps in 2020, down -78827bps in 2020.
  • A 5-year view of Tax Rate shows it stood at 47.51% in 2020, then tumbled by -146bps to 21.75% in 2021, then skyrocketed by 92bps to 1.74% in 2022, then rose by 15bps to 1.47% in 2023, then increased by 16bps to 1.24% in 2024.
  • Per Business Quant database, its latest 3 readings for Tax Rate were 1.24% in Q2 2024, 29.99% in Q1 2024, and 1.47% in Q1 2023.