Did Innodata beat or miss consensus estimates last quarter?

What guidance did Innodata's management provide for the next earnings period?

What is Innodata's gross profit margin?

What were the key takeaways from Innodata's earnings call?

What is Innodata's latest dividend and current dividend yield?

What is the market's earnings forecast for Innodata next quarter?

What were the key takeaways from Innodata’s earnings call?

What does Innodata do and what are its main business segments?

- **Revenue Growth**: Q3 2025 revenue of $62.6M (+20% YoY), with 2026 growth expected to exceed 45%.
- **Strategic Wins**: $68M pipeline in pretraining data, $25M federal project, and verbal confirmation for $6.5M deal with new big tech.
- **Federal Expansion**: Leveraging GSA reforms to accelerate federal AI adoption, with potential for multi-year contracts.
- **Investment Payoff**: $9.5M in 2025 initiatives (e.g., model safety, sovereign AI) already recouped $1.3M, with 2026 revenue visibility.
- **Competitive Edge**: Unique end-to-end AI capabilities attract hyperscalers and sovereign entities, positioning for 10x growth in enterprise services.

**【CEO Summary Section】**
- **Record Q3 Revenue**: $62.6 million (20% YoY growth, 7% sequential). Adjusted EBITDA of $16.2 million (26% of revenue), up 23% QoQ. Cash increased to $73.9 million.
- **Strategic Wins**: 
  - 6/8 big tech customers expected to grow significantly in 2026. Verbal confirmation for $6.5 million deal with new big tech.
  - 5 new big techs identified for 2026 growth, with 3 potentially allocating hundreds of millions annually.
  - $68 million pipeline in pretraining data (signed $42M, $26M pending).
  - $25M federal project with new high-profile customer, plus additional sovereign AI partnerships.
- **Investments**: $9.5M in 2025 for 6 initiatives (e.g., pretraining data, federal, model safety), with $1.3M recouped already.
- **2026 Outlook**: Reiterate 45%+ YoY growth guidance, with transformative growth driven by federal, sovereign AI, and enterprise AI.

**【CFO Financial Commentary】**
- **Q3 Financials**: 
  - Revenue: $62.6M (20% YoY, 7% QoQ). 
  - Gross Profit: $27.7M (44% margin). 
  - Net Income: $8.3M (down 52% YoY due to tax benefits in 2024). 
  - Cash: $73.9M (up $27M YoY). 
- **Guidance**: Maintain 45%+ YoY growth for 2025, with 2026 growth expected to accelerate.

**【Q&A Key Highlights】**
- **Contract Timing**: New contracts (e.g., $6.5M deal) will ramp in 2026, with minimal 2025 impact. 
- **SG&A Spending**: $8.2M incremental YoY in 2025, driven by growth investments. 
- **Federal Market**: GSA reforms streamline procurement, enabling faster federal business onboarding. 
- **Enterprise AI**: Early projects ($1-2M) with hyperscalers and SaaS companies show expansion potential. 
- **Competitive Position**: Unique ability to deliver full AI lifecycle (data to deployment) at scale, with minimal capital risk.

Innodata Inc. (INOD) Q3 2025 Earnings Call Transcript

Revenue

Sales and Services Revenue

Financing Services Revenue

Other Revenue

Cost of Revenue

Cost of Goods and Services

Cost of Financing Services

Other Cost

Gross Profit

Other Operating Income

Operating Expenses

Selling, General and Administrative Expenses

Selling and Marketing Expenses

General and Administrative Expenses

Research and Development Expenses

Loss on Bad Debts

Loss on Impairment of Other Assets

Loss on Disposal of Assets

Other Operating Expenses

Operating Income

Non-Operating Income (Loss)

Income (Loss) from Affiliates

Income (Loss) from Associates

Income (Loss) from Joint ventures

Gain (Loss) on Other Investment

Gain (Loss) on Change in Fair Value

Gain (Loss) on Foreign Currency Exchange

Other Non-Operating Income (Loss)

Net Interest Expense

Interest Expense

Interest Income

Pretax Income From Continuing Operations

Income Tax Expense

Current Income Tax

Deferred Income Tax

Income Tax Adjustments

Net Income from Continuing Operations

Income from Discontinued Operations

Other Items Before Net Income

Net Income

Net Income Attributable to Minority Interests

Net Income Attributable to Owners of the Company

Preferred Stock Dividends

Other Adjustments

Net Income Attributable to Common Stockholders

Other Comprehensive Income

Total Comprehensive Income

Total Comprehensive Income Attributable to Minority Interests

Total Comprehensive Income Attributable to Owners of the Company

Basic EPS

Basic EPS from Continuing Operations

Basic EPS from Discontinued Operations

Diluted EPS

Diluted EPS from Continuing Operations

Diluted EPS from Discontinued Operations

INOD

INOD fundamentals

You can ask Aime