Quarterly ResultAug 6, 2026, 04:28 PM
Innodata Q2 Revenue +57.8% to $92.14M; Net Income +99.6% to $14.41M
AI Summary
Innodata reported strong financial results for the second quarter and first half of 2026. Q2 revenue increased by 57.8% year-over-year to $92.14 million, with net income nearly doubling to $14.41 million. The company also saw a substantial increase in cash and cash equivalents, reaching $240.28 million, and a significant rise in net cash from operating activities and advances from customers, indicating robust operational performance and customer engagement.
Key Highlights
- Innodata Q2 2026 revenue increased 57.8% to $92.14 million from $58.39 million year-over-year.
- Net income for Q2 2026 rose 99.6% to $14.41 million, up from $7.22 million in Q2 2025.
- Basic EPS for Q2 2026 was $0.43, an 87.0% increase compared to $0.23 in Q2 2025.
- Cash and cash equivalents surged to $240.28 million as of June 30, 2026, from $82.22 million at December 31, 2025.
- Net cash provided by operating activities for the six months ended June 30, 2026, was $164.44 million, up from $14.99 million in the prior year period.
- Advances from customers significantly increased to $66.96 million as of June 30, 2026, from $1.81 million at December 31, 2025.
Price Impact
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