Filing Flows › Innodata (INOD) › Q3 2026 › vs Q2 2026
Innodata (INOD) Q3 2026 vs Q2 2026 (quarter over quarter)
Innodata's revenue rose $3.5M (+4%) from $92.1M in Q2 2026 to $95.6M in Q3 2026. Operating margin 10.4% against 19.1% (-8.6 pts).
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 draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 10.4% | 19.1% | -8.6 pts |
| Net margin | 10.8% | 15.6% | -4.8 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $95.6M | $92.1M | $3.5M | +4% |
| Operating profit | $10.0M | $17.6M | −$7.6M | -43% |
| Costs & expenses | $85.6M | $74.6M | $11.0M | +15% |
| Pre-tax earnings | $10.0M | $17.6M | −$7.6M | -43% |
| SG&A | $26.9M | $26.6M | $282K | +1% |
| Other operating costs | $58.7M | $48.0M | $10.8M | +22% |
| Income tax benefit | $340K | −$3.1M | $3.5M | — |
| Net earnings | $10.3M | $14.4M | −$4.1M | -28% |
| Operating cash sources | $103M | −$103M | $207M | — |
| Depreciation & amortization | $2.3M | $2.3M | −$44K | -2% |
| Share-based compensation | $6.8M | $7.2M | −$382K | -5% |
| Cash used in operations | $84.0M | −$127M | $211M | — |
| Working capital & other | $103M | −$103M | $207M | — |
Questions
How much did Innodata's revenue grow quarter over quarter in Q3 2026?
Innodata's revenue rose $3.5M (+4%) from $92.1M in Q2 2026 to $95.6M in Q3 2026. Operating margin 10.4% against 19.1% (-8.6 pts).