Innodata Inc.
Innodata Reports Record First Quarter 2026 Results with Significant Growth and Guidance Raise
Summary
Innodata Inc. reported its first quarter 2026 financial results on May 7, 2026, showing a 54% year-over-year revenue growth to $90.1 million, beating consensus by 18%. Adjusted EBITDA of $25.0 million also beat consensus by 139%, with an adjusted gross margin of 47%. The company raised its full-year 2026 revenue growth guidance to approximately 40% or more, up from the previous guidance of approximately 35% or more. Additionally, Innodata announced new engagements with a Big Tech company expected to generate approximately $51 million of revenue in 2026.
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About Innodata Inc.
Innodata Inc. is a firm specializing in digital data transformation, offering essential services in content design, AI operations, and information management. The core purpose of Innodata is to assist organizations with leveraging technology to convert complex information and unstructured data into actionable insights and digitally accessible content. Its services extend across various industries, including publishing, finance, technology, healthcare, and legal sectors. With its diverse suite of solutions, Innodata empowers clients to streamline processes, automate data-intensive workflows, and enhance operational efficiencies. Within the financial market, Innodata plays a significant role by providing infrastructure and data management tools that fuel digital innovation, supporting organizations to adapt to the data-driven demands of contemporary business environments. Founded in 1988, the company is headquartered in Ridgefield Park, New Jersey, and continues to expand its technological footprint, helping to shape the landscape of digital information management for an increasingly interconnected world.
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