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Innodata (INOD) operating margin by quarter

Innodata's operating margin was 10.4% in Q3 2026 (third quarter 2026), -8.6 pts from Q2 2026. Over the last 7 quarters it ranged from 10.4% (Q3 2026) to 19.2% (Q1 2026).

Innodata operating margin by quarterInnodata operating margin by quarter14.2%Q1 202515.3%Q2 202518.8%Q3 202515.1%Q4 202519.2%Q1 202619.1%Q2 202610.4%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202610.4%-8.6 pts-8.4 pts
Q2 202619.1%-0.2 pts+3.8 pts
Q1 202619.2%+4.1 pts+5.1 pts
Q4 202515.1%-3.7 pts—
Q3 202518.8%+3.5 pts—
Q2 202515.3%+1.1 pts—
Q1 202514.2%——

Q3 2026 at a glance

Innodata, Q3 2026: revenue $95.6M (+53% year over year), operating margin 10.4%, net earnings $10.3M, operating cash flow −$84.0M. The chart follows the revenue to costs, profit and cash.

Questions

What is Innodata's operating margin?

Innodata's operating margin was 10.4% in Q3 2026 (third quarter 2026), -8.6 pts from Q2 2026.

How has Innodata's operating margin changed?

Over the last 7 quarters it ranged from 10.4% (Q3 2026) to 19.2% (Q1 2026).

Q3 2026 results → · How Innodata makes money →