Innodata (INOD) Revenue & Revenue Breakdown

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Innodata Revenue Highlights

Latest Revenue (Y)

$86.78M

Latest Revenue (Q)

$52.22M

Main Segment (Y)

DDS

Main Geography (Y)

UNITED STATES

Innodata Revenue by Period

Innodata Revenue by Year

Date	Revenue	Change
2023-12-31	$86.78M	9.84%
2022-12-31	$79.00M	13.25%
2021-12-31	$69.75M	19.77%
2020-12-31	$58.24M	4.26%
2019-12-31	$55.86M	-2.72%
2018-12-31	$57.42M	-5.76%
2017-12-31	$60.93M	-3.40%
2016-12-31	$63.07M	7.78%
2015-12-31	$58.52M	-0.94%
2014-12-31	$59.08M	-8.05%
2013-12-31	$64.25M	-25.80%
2012-12-31	$86.59M	17.11%
2011-12-31	$73.94M	20.21%
2010-12-31	$61.51M	-22.46%
2009-12-31	$79.33M	5.77%
2008-12-31	$75.00M	10.73%
2007-12-31	$67.73M	65.39%
2006-12-31	$40.95M	-2.61%
2005-12-31	$42.05M	-22.05%
2004-12-31	$53.95M	46.94%
2003-12-31	$36.71M	0.90%
2002-12-31	$36.38M	-37.57%
2001-12-31	$58.28M	14.88%
2000-12-31	$50.73M	84.48%
1999-12-31	$27.50M	40.31%
1998-12-31	$19.60M	-2.49%
1997-12-31	$20.10M	-1.95%
1996-12-31	$20.50M	-1.44%
1995-12-31	$20.80M	45.45%
1994-12-31	$14.30M	48.96%
1993-12-31	$9.60M	-

Innodata generated $86.78M in revenue during NA 2023, up 9.84% compared to the previous quarter, and up 151.13% compared to the same period a year ago.

Innodata Revenue by Quarter

Date	Revenue	Change
2024-09-30	$52.22M	60.43%
2024-06-30	$32.55M	22.82%
2024-03-31	$26.50M	1.50%
2023-12-31	$26.11M	17.79%
2023-09-30	$22.17M	12.79%
2023-06-30	$19.66M	4.33%
2023-03-31	$18.84M	-2.77%
2022-12-31	$19.38M	5.03%
2022-09-30	$18.45M	-7.71%
2022-06-30	$19.99M	-5.69%
2022-03-31	$21.19M	9.87%
2021-12-31	$19.29M	10.54%
2021-09-30	$17.45M	2.35%
2021-06-30	$17.05M	6.78%
2021-03-31	$15.97M	4.41%
2020-12-31	$15.29M	5.08%
2020-09-30	$14.55M	4.98%
2020-06-30	$13.86M	-4.59%
2020-03-31	$14.53M	-1.02%
2019-12-31	$14.68M	6.02%
2019-09-30	$13.85M	1.52%
2019-06-30	$13.64M	-0.40%
2019-03-31	$13.69M	-8.58%
2018-12-31	$14.98M	6.62%
2018-09-30	$14.05M	-1.55%
2018-06-30	$14.27M	1.06%
2018-03-31	$14.12M	-9.82%
2017-12-31	$15.66M	4.26%
2017-09-30	$15.02M	-1.84%
2017-06-30	$15.30M	2.32%
2017-03-31	$14.95M	-4.60%
2016-12-31	$15.67M	-2.40%
2016-09-30	$16.06M	2.67%
2016-06-30	$15.64M	-0.36%
2016-03-31	$15.70M	1.13%
2015-12-31	$15.52M	2.56%
2015-09-30	$15.13M	7.62%
2015-06-30	$14.06M	1.89%
2015-03-31	$13.80M	-13.15%
2014-12-31	$15.89M	7.35%
2014-09-30	$14.80M	3.42%
2014-06-30	$14.31M	1.76%
2014-03-31	$14.07M	-8.90%
2013-12-31	$15.44M	-1.94%
2013-09-30	$15.75M	-2.56%
2013-06-30	$16.16M	-4.40%
2013-03-31	$16.90M	-10.93%
2012-12-31	$18.98M	-3.71%
2012-09-30	$19.71M	-13.43%
2012-06-30	$22.77M	-9.42%
2012-03-31	$25.14M	5.88%
2011-12-31	$23.74M	23.35%
2011-09-30	$19.25M	18.38%
2011-06-30	$16.26M	10.58%
2011-03-31	$14.70M	-1.27%
2010-12-31	$14.89M	-5.54%
2010-09-30	$15.76M	2.45%
2010-06-30	$15.39M	-0.57%
2010-03-31	$15.47M	-7.74%
2009-12-31	$16.77M	-12.22%
2009-09-30	$19.11M	-11.68%
2009-06-30	$21.64M	-0.83%
2009-03-31	$21.82M	6.95%
2008-12-31	$20.40M	11.26%
2008-09-30	$18.33M	2.59%
2008-06-30	$17.87M	-2.88%
2008-03-31	$18.40M	-10.32%
2007-12-31	$20.52M	-

Innodata generated $52.22M in revenue during Q3 2024, up 60.43% compared to the previous quarter, and up 265.70% compared to the same period a year ago.

Innodata Revenue Breakdown

Innodata Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
DDS	$61.58M	$56.52M	$52.57M	-	-
Agility	$17.69M	$144.00K	$13.02M	$11.43M	$10.74M
Synodex	$7.51M	$2.00M	$4.16M	-	-
Dds	-	-	-	$41.98M	$41.17M
Synodex Member	-	-	-	$4.83M	$3.94M

Innodata's latest annual revenue breakdown by segment (product or service), as of Dec 23: DDS (70.96%), Agility (20.38%), and Synodex (8.66%).

Quarterly Revenue by Product

Product/Service	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
DDS	$44.69M	$19.70M	$19.65M	$16.00M	$13.18M	$12.75M	$13.58M	$12.85M	$14.18M	$15.91M	$14.57M	$13.24M	-	-	-	-	-	-	-	-
Synodex	$1.94M	$1.87M	$3.22M	$1.73M	$2.11M	$447.00K	$1.73M	$2.12M	$1.95M	$1.67M	$1.27M	$983.00K	$886.00K	-	-	-	-	-	-	-
Agility	$5.59M	$4.93M	$8.86M	$4.44M	$4.36M	$32.00K	$4.07M	$425.00K	$3.86M	$3.61M	$3.44M	$3.23M	$3.17M	$3.19M	$2.96M	$2.83M	$2.80M	$2.84M	$2.83M	$2.75M
Dds	-	-	-	-	-	-	-	-	-	-	-	-	$13.00M	$11.76M	$11.19M	$10.53M	$9.86M	$10.41M	$10.82M	$10.12M
Synodex Member	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.02M	$1.15M	$1.20M	$1.20M	$1.28M	$1.03M	$977.00K

Innodata's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: DDS (85.58%), Agility (10.71%), and Synodex (3.71%).

Innodata Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
CANADA	$7.16M	$5.51M	-	-	-
UNITED STATES	$54.43M	$48.72M	-	-	-
Other Principally Europe	$7.13M	$7.04M	$7.81M	$7.75M	-
NETHERLANDS	$7.29M	$6.83M	-	-	-
The Netherlands	-	-	$6.55M	-	-
Other - principally Europe	-	-	$7.27M	-	-
Canada	-	-	$6.19M	-	-
US	-	-	$38.16M	-	-

Innodata's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (71.61%), NETHERLANDS (9.59%), CANADA (9.41%), and Other Principally Europe (9.38%).

Quarterly Revenue by Country

Country	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Other Principally Europe	$2.24M	$2.12M	$1.72M	$1.86M	$1.84M	$1.71M	$1.91M	$1.88M	$1.70M	$2.01M	$1.97M	$1.94M	$1.88M	$2.21M	$2.07M	-	-	-	-	-
UNITED STATES	$43.24M	$17.87M	$18.79M	$13.27M	$10.96M	$11.41M	$10.88M	-	-	-	-	-	-	-	-	-	-	-	-	-
NETHERLANDS	$1.88M	$2.04M	$1.90M	$1.91M	$1.76M	$1.72M	$1.72M	-	-	-	-	-	-	-	-	-	-	-	-	-
CANADA	$2.28M	$2.23M	$987.00K	$2.54M	$2.19M	$1.44M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
United States	-	-	-	-	-	-	-	$11.90M	-	-	-	-	-	-	-	-	-	-	-	-
The Netherlands	-	-	-	-	-	-	-	$1.73M	$1.72M	$1.65M	$1.53M	$1.75M	-	-	-	-	-	-	-	-
Other - principally Europe	-	-	-	-	-	-	-	$1.55M	$1.89M	$1.69M	$1.84M	$1.85M	-	-	-	-	-	-	-	-
Canada	-	-	-	-	-	-	-	$579.00K	$1.44M	$1.38M	$1.63M	$1.47M	-	-	-	-	-	-	-	-
US	-	-	-	-	-	-	-	-	$12.38M	$13.39M	$11.40M	$9.47M	-	-	-	-	-	-	-	-

Innodata's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (87.10%), CANADA (4.60%), Other Principally Europe (4.51%), and NETHERLANDS (3.79%).

Innodata Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
IBM	International Business Machines	$61.86B	$14.97B
G	Genpact	$4.48B	$1.21B
ASGN	ASGN	$4.45B	$1.03B
FORTY	Formula Systems (1985)	$2.62B	$698.40M
EXLS	ExlService	$1.63B	$472.07M
NABL	N-able	$421.88M	$119.45M
HCKT	Hackett Group	$296.59M	$79.78M
III	Information Services Group	$291.05M	$61.28M
NYAX	Nayax	$239.19M	$63.39M
BBAI	BigBear.ai	$155.16M	$41.51M
CLPS	CLPS In	$150.36M	$71.77M
NOTE	FiscalNote	$132.65M	$29.44M
INOD	Innodata	$86.78M	$52.22M
CSPI	CSP	$64.65M	$13.11M
ARBB	ARB IOT Group	$27.99M	$15.81M
AUR	Aurora Innovation	-	-

INOD Revenue FAQ

What is Innodata’s yearly revenue?

Innodata's yearly revenue for 2023 was $86.78M, representing an increase of 9.84% compared to 2022. The company's yearly revenue for 2022 was $79M, representing an increase of 13.25% compared to 2021. INOD's yearly revenue for 2021 was $69.76M, representing an increase of 19.77% compared to 2020.

What is Innodata’s quarterly revenue?

Innodata's quarterly revenue for Q3 2024 was $52.22M, a 60.43% increase from the previous quarter (Q2 2024), and a 135.57% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $32.55M, a 22.82% increase from the previous quarter (Q1 2024), and a 65.62% increase year-over-year (Q2 2023). INOD's quarterly revenue for Q1 2024 was $26.5M, a 1.50% increase from the previous quarter (Q4 2023), and a 40.69% increase year-over-year (Q1 2023).

What is Innodata’s revenue growth rate?

Innodata's revenue growth rate for the last 3 years (2021-2023) was 24.40%, and for the last 5 years (2019-2023) was 55.35%.

What are Innodata’s revenue streams?

Innodata's revenue streams in c 23 are DDS, Agility, and Synodex. DDS generated $61.58M in revenue, accounting 70.96% of the company's total revenue, up 8.94% year-over-year. Agility generated $17.69M in revenue, accounting 20.38% of the company's total revenue, up 12183.33% year-over-year. Synodex generated $7.51M in revenue, accounting 8.66% of the company's total revenue, up 275.36% year-over-year.

What is Innodata’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Innodata was DDS. This segment made a revenue of $61.58M, representing 70.96% of the company's total revenue.