Innodata Q3 revenue rises 53% to $95.6 million; raises 2026 revenue growth outlook
Innodata reported third quarter 2026 results on November 5, 2026, with revenue of $95.6 million, up 53% from a year earlier, and net income of $10.3 million, or $0.29 per diluted share. The company also raised its full-year 2026 revenue growth guidance to about 42% or more from about 40% or more. For shareholders, growth and profit rose and the outlook improved, though adjusted gross margin fell to 40% from 44%.
Key points
- Revenue of $95.6 million, up 53% year over year; the company said it exceeded analyst consensus by about 15%.
- Net income of $10.3 million, or $0.29 per diluted share, compared with $8.3 million, or $0.24 per diluted share, a year earlier.
- Adjusted EBITDA of $17.7 million, up from $16.2 million; adjusted gross margin was 40% versus 44% a year earlier.
- Full-year 2026 revenue growth guidance raised to about 42% or more, from about 40% or more.
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.