Filing Flows › Innodata (INOD) › Q1 2026
Innodata (INOD) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Innodata (INOD) reported revenue of $90.1M for the first quarter 2026 (Q1 2026), +54% from a year earlier and +24% from the quarter before. Operating margin was 19.2%, net earnings $14.9M (16.5% of revenue).
Innodata, Q1 2026: revenue $90.1M (+54% year over year), operating margin 19.2%, net earnings $14.9M, operating cash flow $37.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $90.1M | +24% | +54% |
| Operating profit | $17.3M | +59% | +110% |
| Net earnings | $14.9M | +69% | +91% |
| Operating cash flow | $37.3M | +189% | +245% |
| Free cash flow | $34.8M | +246% | +313% |
What changed
Revenue was $90.1M in Q1 2026, up 54% year over year and up 24% from the previous quarter.
Operating profit was $17.3M, a 19.2% margin (up 5.1 points year over year). Of the extra revenue versus Q1 2025, 29% reached operating profit, above the 14% margin then. Net earnings were $14.9M, up 91% year over year. The effective tax rate was 14.1%.
Operating cash flow was $37.3M (up 245% year over year), 250% of net earnings. Non-cash charges added back $2.2M of depreciation and amortization and $5.9M of share-based compensation. Working capital and other items added $14.3M. Capital expenditures of $2.4M left free cash flow of $34.8M.
Questions
What was Innodata's revenue in the first quarter 2026?
Innodata (INOD) reported revenue of $90.1M for the first quarter 2026 (Q1 2026), +54% from a year earlier and +24% from the quarter before.
Was Innodata profitable in the first quarter 2026?
Operating profit was $17.3M (19.2% of revenue) and net earnings $14.9M.
Source: Innodata 10-Q on SEC EDGAR.