Innodata Beats Q3 2026 Estimates as Revenue Rises 53% to $95.6M

Innodata (INOD) beat estimates for the third quarter of 2026 on both revenue and adjusted EPS. Revenue was $95.6 million, up 53% from a year earlier, above the $83.3 million estimate, and adjusted EPS was $0.29, up 21% from a year earlier, above the $0.17 estimate.

Shares rose 1.3% in after-hours trading as of 4:05 p.m. ET, to $39.14 from a $38.62 close.

Q3 2026 scorecard

By our calculation, revenue was $12.3 million above the estimate and adjusted EPS was $0.12 above it. The QoQ column compares with the previous quarter's revenue of $92.1 million and adjusted EPS of $0.41. The YoY column compares with $62.5 million and $0.24 in the same quarter a year earlier.

Track record

• EPS record. Adjusted EPS beat the estimate in 8 of the last 8 reports, including this one.
• Revenue record. Revenue beat the estimate in 6 of the last 8 reports.
• Revenue trend. Revenue over the last 5 reports, oldest first: $62.5 million, $72.4 million, $90.1 million, $92.1 million and $95.6 million.

What to watch

• Next-quarter estimates. Consensus calls for EPS of $0.23 and revenue of $92.1 million next quarter, based on 2 analysts.
• Revenue growth. Whether revenue keeps growing from a year earlier after this quarter's 53% increase to $95.6 million.
• Estimate record. Whether Innodata extends a record of beating EPS estimates in 8 of its last 8 reports.
• Related coverage. See our reports on ICF International, Halozyme Therapeutics, Guardian Pharmacy Services and Guardant Health.

Sources: Results are from Innodata's Nov. 5, 2026 quarterly report. Estimates are consensus figures. The prior-quarter and year-ago comparison figures are from Innodata's earlier quarterly reports. Items labeled by our calculation are our own arithmetic. This article is informational only and is not investment advice.