INOD INNODATA INC

FY2025 10-K
Filed: Feb 26, 2026
Information Technology
Services-Computer Processing & Data PreparationSEC EDGAR

INNODATA INC (INOD) filed its fiscal year 2025 10-K annual report with the SEC on Feb 26, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business: global data engineering and AI system services supporting full AI lifecycle from training data to deployment
  • New Federal Practice launched 2025 for U.S. government AI programs with high security, compliance, and evaluation demands
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Management Discussion & Analysis

  • Revenue $251.7M in 2025, up 48% YoY from $170.5M; DDS up 57% to $220.9M, Synodex down 8% to $7.3M, Agility up 9% to $23.5M
  • Operating margin 15.8% in 2025 vs 14.3% in 2024; consolidated gross margin 40% vs 39%; DDS margin 39% vs 37%; Synodex margin down to 18% from 27%
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Risk Factors

  • Regulatory risk: evolving AI regulations and data privacy laws impacting international operations, including India, Philippines, Sri Lanka, US and Europe
  • Geopolitical risk: political unrest, terrorism and natural calamities in India, Israel, Philippines, Sri Lanka threatening operational continuity
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