Earnings Releases·Nov 5, 2026, 4:07 PM ET

Innodata — Third Quarter 2026 Earnings Summary

Revenue reached $95.6 million, a 53% year-over-year increase, with net income rising to $10.3 million ($0.30 diluted) and Adjusted EBITDA growing to $17.7 million.
Full-year 2026 revenue growth guidance was raised to approximately 42% or more year-over-year, up from the previous 40% target.
Strategic expansion includes a new motion capture lab for humanoid robotics, a five-year, $5 million Federal contract expected to close in Q4, and a forecasted $20 million revenue contribution from a hyperscaler in 2027.
Customer concentration shifted significantly as a single client previously under 5% of revenue became the largest, while cash and cash equivalents increased to $164.0 million.