earnings
confidence high
sentiment positive
materiality 0.85
Innodata Q1 revenue $90.1M (+54% YoY), beats consensus; raises FY guidance to ~40% growth
INNODATA INC
2026-Q1 EPS reported
$0.42
revenue$90,096,000
- Revenue $90.1M, up 54% YoY, beat consensus by 18%; adjusted EBITDA $25.0M beat consensus by 139%.
- Adjusted gross margin 47%; net income $14.9M ($0.42 diluted) vs $7.8M ($0.22) a year ago.
- Raised FY2026 revenue growth guidance to ~40% or more, from ~35% or more.
- New big-tech engagement expected to generate ~$51M revenue in 2026.
- Cash and investments $117.4M (up $35.1M in Q1); credit facility expanded to $50M, undrawn.