Growth Metrics

Innodata (INOD) Tax Rate (2016 - 2024)

Innodata has reported Tax Rate over the past 15 years, most recently at 51.93% for Q3 2024.

  • For Q3 2024, Tax Rate fell 10133.0% year-over-year to 51.93%; the TTM value through Sep 2024 reached 33.16%, down 22389.0%, while the annual FY2023 figure was 739.57%, 76313.0% up from the prior year.
  • Tax Rate for Q3 2024 was 51.93% at Innodata, down from 103.26% in the prior quarter.
  • Over five years, Tax Rate peaked at 334.42% in Q4 2020 and troughed at 54.87% in Q2 2020.
  • A 5-year average of 39.93% and a median of 8.76% in 2022 define the central range for Tax Rate.
  • Biggest five-year swings in Tax Rate: skyrocketed 31815bps in 2020 and later crashed -35203bps in 2021.
  • Year by year, Tax Rate stood at 334.42% in 2020, then tumbled by -105bps to 17.62% in 2021, then surged by 157bps to 9.98% in 2022, then surged by 30bps to 13.03% in 2023, then tumbled by -499bps to 51.93% in 2024.
  • Business Quant data shows Tax Rate for INOD at 51.93% in Q3 2024, 103.26% in Q2 2024, and 29.99% in Q1 2024.