Innodata

INOD Q3 2025 Earnings

Reported Nov 6, 2025 at 4:47 PM ET · SEC Source

Q3 25 EPS

$0.24

BEAT +50.00%

Est. $0.16

Q3 25 Revenue

$62.6M

BEAT +4.63%

Est. $59.8M

vs S&P Since Q3 25

+3.1%

BEATING MARKET

INOD +12.6% vs S&P +9.4%

Market Reaction

Did INOD Beat Earnings? Q3 2025 Results

Innodata posted a strong third quarter, delivering earnings and revenue that both cleared Wall Street expectations by a meaningful margin and reinforcing the company's position as a key data services partner to major technology firms. The AI data ser… Read more Innodata posted a strong third quarter, delivering earnings and revenue that both cleared Wall Street expectations by a meaningful margin and reinforcing the company's position as a key data services partner to major technology firms. The AI data services provider reported Q3 2025 earnings of $0.24 per diluted share, well ahead of the $0.16 consensus estimate, while revenue climbed 19.8% year-over-year to $62.55 million, edging past the $59.78 million analyst forecast. The primary engine behind the results was the Digital Data Solutions segment, which generated $54.78 million in quarterly revenue as demand for AI training data from Big Tech customers accelerated. Adjusted EBITDA rose 17% year-over-year to $16.21 million, and the company's cash position strengthened to $73.86 million. Looking ahead, management reiterated full-year 2025 guidance of at least 45% organic revenue growth, pointing to roughly $68 million in signed or near-signed pre-training data contracts, a new federal business unit carrying an initial approximately $25 million project, and five new Big Tech customer relationships as the foundation for continued expansion into 2026.

Key Takeaways

  • 20% year-over-year organic revenue growth driven by DDS segment
  • Deepening relationships with leading Big Tech and AI innovation labs
  • Pre-training data investments paying off with $68 million in potential contracted revenue
  • Adjusted EBITDA increased 17% year-over-year to $16.2 million
24/7 Wall St

INOD YoY Financials

Q3 2025 vs Q3 2024, source: SEC Filings

24/7 Wall St

INOD Revenue by Segment

With YoY comparisons, source: SEC Filings

Q2 25 Q4 25

“Our third quarter marked another record-setting performance for Innodata, with revenue, profitability, and cash all at all-time highs.”

— Jack Abuhoff, Q3 2025 Earnings Press Release