Form 8-K

8-K — INNODATA INC

Accession: 0001104659-26-092010

Filed: 2026-08-06

Period: 2026-08-03

CIK: 0000903651

SIC: 7374 (SERVICES-COMPUTER PROCESSING & DATA PREPARATION)

Item: Results of Operations and Financial Condition

Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

Item: Financial Statements and Exhibits

Documents

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0000903651

2026-08-03

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities

Exchange Act of 1934

Date of Report (Date of earliest event reported):

August 3, 2026

INNODATA

INC.

(Exact name of registrant as specified in its

charter)

Delaware

001-35774

13-3475943

(State or other jurisdiction of

(Commission File Number)

(I.R.S. Employer

incorporation)

Identification No.)

Challenger Road

Ridgefield

Park, NJ

07660

(Address of principal executive

offices)

(Zip Code)

Registrant's

telephone number, including area code (201)

371-8000

(Former

name or former address, if changed since last report)

Check the appropriate

box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following

provisions:

¨ Written

communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting

material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement

communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement

communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered

pursuant to Section 12(b) of the Act:

Title

of each class

Trading

Symbol(s)

Name

of each exchange on which registered

Common

Stock

INOD

The

Nasdaq

Stock Market LLC

Indicate by check

mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this

chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging

growth company ¨

If an emerging

growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any

new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item

2.02 Results of Operations and Financial Condition.

On August 6, 2026, Innodata

Inc. (the “Company”) issued a press release announcing its second quarter 2026 financial results. A copy of the press release

is furnished with this Current Report on Form 8-K as Exhibit 99.1.

In accordance with General

Instruction B.2 of Form 8-K, the information in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be “filed”

for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject

to the liabilities of that section, and shall not be incorporated by reference into any registration statement or other document filed

under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such

filing.

Item 5.02 Departure of

Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

On August 3, 2026, the Board of Directors (the

“Board”) of the Company approved the transition of Jack S. Abuhoff from the role of Chief Executive Officer of the Company

to the role of Executive Chairman, effective as of September 30, 2026 (the “Effective Date”). Mr. Abuhoff will continue to

serve as Chairman of the Board.

On August 3, 2026, the Board also appointed Rahul

Singhal, age 52, current President and Chief Revenue Officer of the Company, to serve as Chief Executive Officer and Principal Executive

Officer of the Company, and as a member of the Board, effective as of the Effective Date. Mr. Singhal will stand for reelection at the

Company’s 2027 Annual Meeting of Stockholders. Mr. Singhal will not receive additional compensation as a member of the Board and

is not expected to serve on any committees of the Board. Mr. Singhal has served as the Company’s President since November 2025,

the Company’s Chief Revenue Officer since January 2022, and the Company’s Chief Product Officer from January 2019 to November

2025.

There are no family relationships between Mr. Singhal and any other

executive officer or director of the Company that require disclosure under Item 401(d) of Regulation S-K. There was no arrangement or

understanding between Mr. Singhal and any other person pursuant to which Mr. Singhal was appointed as Chief Executive Officer, and there

have not been any related party transactions involving Mr. Singhal requiring disclosure pursuant to Item 404(a) of Regulation S-K.

As of the date of this filing of this Current Report on Form 8-K,

the Company has not entered into any material plan, contract or arrangement or made any material amendment thereto or made any grant

or award, in each case in connection with Mr. Abuhoff’s appointment as Executive Chairman or Mr. Singhal’s appointment as

Chief Executive Officer and director. Mr. Abuhoff’s and Mr. Singhal’s previously reported compensatory arrangements, grants

and awards remain in effect. To the extent any such arrangements are materially amended, or any new material plan, contract or arrangement

or amendment is entered into in connection with such appointments, including any new grant or award, the Company will file an amendment

to this Current Report on Form 8-K within four business days after the Company enters into any such plan, contract, arrangement, amendment,

grant or award to include the information required by Item 5.02(c)(3) on Form 8-K.

Item 9.01 Financial Statements

and Exhibits.

(d) Exhibits

See Exhibit Index below.

Exhibit

Index

Exhibit

No.

Description

99.1

Press

Release dated August 6, 2026.

104

Cover Page Interactive Data

File (formatted in iXBRL)

SIGNATURES

Pursuant to the requirements

of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto

duly authorized.

INNODATA INC.

Date: August 6, 2026

By:

/s/ Jayant Chauhan

Jayant Chauhan

Chief Financial Officer

EX-99.1 — EXHIBIT 99.1

EX-99.1

Filename: tm2621499d1_ex99-1.htm · Sequence: 2

Exhibit 99.1

Innodata Reports Record Second Quarter 2026 Results

· Revenue

Up 58% Year-Over-Year, Beats Consensus by 7%

· Adjusted

EBITDA of $25.4 Million, Beats Consensus by 50%

· Adjusted

Gross Margin Expands to 49%

· Announces

Planned Leadership Transition Effective September 30: Rahul Singhal to Become President and

CEO, Jack Abuhoff to Become Executive Chairman

NEW YORK – August 6, 2026 – INNODATA

INC. (Nasdaq: INOD) today reported results for the second quarter ended June 30, 2026.

· Revenue

of $92.1 million, representing 58% year-over-year revenue growth.

· Adjusted

Gross Profit of $45.4 million, representing Adjusted Gross Margin of 49%.*

· Adjusted

EBITDA of $25.4 million, or 27.5% of revenue, an increase of $12.1 million from $13.2

million in the same period last year.*

· Net

income of $14.4 million, or $0.43 per basic share and $0.41 per diluted share for the

three-month period ended June 30, 2026, compared to net income of $7.2 million, or $0.23

per basic share and $0.20 per diluted share, in the same period last year.

· Cash,

cash equivalents and short-term investments of $250.4 million as of June 30, 2026, an

increase of $168.2 million from $82.2 million as of December 31, 2025. Cash as of June 30,

2026 includes customer prepayments related to pass-through costs; net of these prepayments,

cash was approximately $134 million as of June 30, 2026.

* Adjusted Gross Profit, Adjusted Gross Margin,

and Adjusted EBITDA are non-GAAP financial measures and are defined below.

Jack Abuhoff, CEO, said,

“Q2 was another record quarter for Innodata - and another across-the-board beat. Revenue, Adjusted Gross Profit, Adjusted EBITDA,

and cash all reached new highs, and we exceeded analyst consensus on every key metric. Revenue of $92.1 million grew 58% year-over-year

while Adjusted EBITDA grew 92% - operating leverage by definition. This was our 12th consecutive quarter of year-over-year growth, and,

as in Q1, our quarterly revenue exceeded our annual revenue of just three years ago. Adjusted Gross Margin of 49% now stands

nine points above our publicly stated 40% target, driven by mix: off-the-shelf datasets, where we retain intellectual property and monetize

the same asset across multiple customers, as well as high-value pre-training programs. Once again, we delivered growth, margin expansion,

and cash generation together - while investing in innovation that converts to revenue within quarters, not years. That is the business

model working as designed.

“The diversification

we planned for has now been delivered. In Q2, our largest customer represented 37% of revenue, down from 56% in Q1, while the Big Tech

customer we announced last quarter scaled from 17% of revenue to 34%. While our largest customer contributed less revenue in Q2 than

in Q1, we continue to forecast it to grow year-over-year for the full year. We also landed an important new customer in the quarter,

one of the fastest-scaling frontier labs. Our base continues to broaden, in both customers and customer programs.

“We are reiterating

our full-year 2026 revenue growth guidance of 40% or more year-over-year. There are large potential programs from both new and anticipated

customers - likely wins, in our judgment - that are not factored into our 40% number. Once their scope and timing are finalized, we will

include them and update guidance accordingly.

“Our growth is

increasingly research driven. Through our research efforts, we have established an early position in agentic reinforcement learning,

one of the most important frontiers in AI development, winning a significant new program with our largest customer covering personalization

of long-horizon agents - now scaling - and a second program covering reinforcement-learning environments for computer-use agentic tasks.

We released two public benchmarks designed to surface the failure modes that standard leaderboards miss as well as the first stage of

our AI Cyber Training Suite - twelve datasets and evaluation systems that train AI coding agents to write secure code and repair vulnerabilities.

We also ran successful egocentric data-collection pilots with leading robotics companies and shifted our data-collection practice from

individual pilots to scoping enterprise-scale, multi-modal programs.”

A Planned Leadership

Transition

Innodata also announced

today a planned leadership transition. Effective September 30, 2026, Rahul Singhal will become President and Chief Executive Officer

of Innodata and will join the Company’s Board of Directors, and Jack Abuhoff, the Company’s founder and CEO, will transition

into the role of Executive Chairman.

“This is a planned

transition, made from a position of strength,” said Abuhoff. “Rahul has been a principal architect of Innodata’s transformation

into a strategic partner to the world’s leading AI builders. He knows our customers, he knows our technology, and he knows our

people - and he has been central to every element of the strategy behind the results you have seen quarter after quarter. The Board and

I didn’t have to look far for the right leader. Rahul earned this role – taking on expanding responsibility year after year

and delivering every time. As Executive Chairman, I will remain deeply engaged, focused on partnering with Rahul to build capabilities

enabled by our research team. Bringing these capabilities to the federal government and to the enterprise, I believe, is where I can

best contribute to creating significant shareholder value, and as one of the company's largest shareholders, that is exactly what I want

to be doing. Our work with the Mag 7 and the leading AI labs is on a firm path to greater heights and greater diversification. Our Enterprise

AI and Federal strategies - built on the differentiated technology we develop for the frontier labs - represent opportunities for potentially

driving high quality recurring revenue that results in significant value creation.”

Rahul Singhal, incoming

President and Chief Executive Officer, said, “I am truly honored by the confidence Jack and the Board have placed in me, and I

intend to repay it with results. Innodata has extraordinary momentum, an extraordinary team, and an extraordinary opportunity in front

of it. I intend to build on all three. Research and innovation have become our growth engine - the means by which we differentiate, expand

existing partnerships, and forge new customer relationships across the full model training lifecycle, from pre-training and post-training

to model evaluation and benchmarking.”

The Company also recently

announced that Jayant Chauhan has joined Innodata as Chief Financial Officer, with Mariz Espineli stepping into the role of Chief Accounting

Officer. Beyond the traditional CFO mandate, Jayant will work strategically on capital allocation and capital markets, customer partnerships,

M&A, and investor communications.

Abuhoff concluded, “We

are confident that 2026 will be a tremendous year for Innodata and its shareholders, and we are excited about the opportunities that

lie ahead in 2027 and beyond.”

Amounts in this press release have been

rounded. All percentages have been calculated using unrounded amounts.

Timing of Conference Call with Q&A

Innodata will conduct an earnings conference call,

including a question-and-answer period, at 5:00 PM eastern time today. You can participate in this call by dialing the following call-in

numbers:

The call-in numbers for the conference call are:

(+1) 800 715 9871

North America, Toll Free

(+44) 800 358 0970

United Kingdom

(+1) 646 307 1963

International

Participant Access Code

3150581

For Replay:

(+1) 800 770 2030

North America-Toll Free

(+44) 203 433 3849

United Kingdom

(+1) 609 800 9909

International

Replay ID

3150581#

It is recommended that

participants dial in approximately 10 minutes prior to the start of the call. Investors are also invited

to access a live Webcast of the conference call at the Investor Relations section of Innodata’s website at https://investor.innodata.com/events-and-presentations/.

Please note that the Webcast feature will be in listen-only mode.

Call-in replay will be available for seven days following the conference

call, and Webcast replay will be available for 30 days following the conference call, at the Investor Relations

section of Innodata’s website at https://investor.innodata.com/events-and-presentations/.

About Innodata

Innodata (Nasdaq: INOD) is a global data

engineering company. We believe that data and Artificial Intelligence (AI) are inextricably linked. Our mission is to enable the

responsible advancement of artificial intelligence by providing the data, evaluation frameworks, and human expertise required to build

AI systems that can be trusted at scale. We provide a range of transferable solutions, platforms, and services for Generative AI

/ AI builders and adopters. In every relationship, we honor our 36+ year legacy delivering the highest quality data and outstanding outcomes

for our customers.

Visit www.innodata.com

to learn more.

Forward-Looking Statements

This press release may contain certain forward-looking

statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities

Act of 1933, as amended. These forward-looking statements include, without limitation, statements concerning our operations, economic

performance, financial condition, developmental program expansion and position in the AI services market. Words such as “project,”

“forecast,” “believe,” “expect,” “can,” “continue,” “could,” “intend,”

“may,” “should,” “will,” “anticipate,” “indicate,” “guide,” “predict,”

“likely,” “estimate,” “plan,” “potential,” “possible,” “promises,”

or the negatives thereof, and other similar expressions generally identify forward-looking statements.

These forward-looking statements are based on

management’s current expectations, assumptions and estimates and are subject to a number of risks and uncertainties, including,

without limitation, impacts resulting from ongoing geopolitical conflicts; anticipated and actual use cases and outcomes; investments

in large language models; that contracts may be terminated by customers; projected or committed volumes of work may not materialize; pipeline

opportunities and customer discussions which may not materialize into work or expected volumes of work; the likelihood of continued development

of the AI markets, particularly new and emerging markets, that our services support; the ability and willingness of our customers and

prospective customers to execute business plans that give rise to requirements for our services; continuing reliance on project-based

work and the primarily at-will nature of such contracts and the ability of these customers to reduce, delay or cancel projects; potential

inability to replace projects that are completed, canceled or reduced; revenue concentration among a limited number of customers; our

dependency on third-party providers and partners; our ability to achieve revenue and growth targets; difficulty in integrating and deriving

synergies from acquisitions, joint ventures and strategic investments; potential undiscovered liabilities of companies and businesses

that we may acquire; potential impairment of the carrying value of goodwill and other acquired intangible assets of companies and businesses

that we acquire; a continued downturn in or depressed market conditions; changes in external market factors; the potential effects of

U.S. global trade and monetary policy, including the interest rate policies of the Federal Reserve; changes in our business or growth

strategy; the emergence of new, or growth in existing competitors; various other competitive and technological factors; our use of and

reliance on information technology systems, including potential security breaches, cyber-attacks, privacy breaches or data breaches that

result in the unauthorized disclosure of consumer, customer, employee or company information, or service interruptions; and other risks

and uncertainties indicated from time to time in our filings with the Securities and Exchange Commission (“SEC”).

Our actual results could differ materially from

the results referred to in any forward-looking statements. Factors that could cause or contribute to such differences include, but are

not limited to, the risks discussed in Part I, Item 1A. “Risk Factors,” Part II, Item 7. “Management’s

Discussion and Analysis of Financial Condition and Results of Operations,” and other parts of our Annual Report on Form 10-K,

filed with the SEC on February 26, 2026, and in our other filings that we may make with the SEC. In light of these risks and uncertainties,

there can be no assurance that the results referred to in any forward-looking statements will occur, and you should not place undue reliance

on these forward-looking statements. These forward-looking statements speak only as of the date hereof.

We undertake no obligation to update or review

any guidance or other forward-looking statements, whether as a result of new information, future developments or otherwise, except as

may be required by the U.S. federal securities laws.

Company Contact

Aneesh Pendharkar

investor@innodata.com

(201) 371-8000

Non-GAAP Financial Measures

In addition to the financial information prepared

in conformity with U.S. GAAP (“GAAP”), we provide certain non-GAAP financial information. We believe that these non-GAAP financial

measures assist investors in making comparisons of period-to-period operating results. In some respects, management believes non-GAAP

financial measures are more indicative of our ongoing core operating performance than their GAAP equivalents by making adjustments that

management believes are reflective of the ongoing performance of the business.

We believe that the presentation of this non-GAAP

financial information provides investors a more complete understanding of our financial performance, competitive position, and prospects

for the future, particularly by providing the same information that management and our Board of Directors use to evaluate our performance

and manage the business. However, the non-GAAP financial measures presented in this press release have certain limitations in that they

do not reflect all of the costs associated with the operations of our business as determined in accordance with GAAP. Therefore, investors

should consider non-GAAP financial measures in addition to, and not as a substitute for, or as superior to, measures of financial performance

prepared in accordance with GAAP. Further, the non-GAAP financial measures that we present may differ from similar non-GAAP financial

measures used by other companies.

Adjusted Gross Profit and Adjusted Gross Margin

We define Adjusted Gross Profit as revenues less

direct operating costs attributable to Innodata Inc. and its subsidiaries in accordance with GAAP, plus depreciation and amortization

of intangible assets, stock-based compensation and other one-time costs included within direct operating cost.

We define Adjusted Gross Margin by dividing Adjusted

Gross Profit over total GAAP revenues.

We use Adjusted Gross Profit and Adjusted Gross

Margin to evaluate results of operations and trends between fiscal periods and believe that these measures are important components of

our internal performance measurement process.

A reconciliation of Adjusted Gross Profit and

Adjusted Gross Margin to the most directly comparable GAAP measure is included in the tables that accompany this release.

Adjusted EBITDA

We define Adjusted EBITDA as net income attributable

to Innodata Inc. and its subsidiaries in accordance with GAAP before interest expense, income taxes, depreciation and amortization of

intangible assets (which derives EBITDA), plus additional adjustments for loss on impairment of intangible assets and goodwill, stock-based

compensation, income attributable to non-controlling interests and other one-time costs.

We use Adjusted EBITDA to evaluate core results

of operations and trends between fiscal periods and believe that these measures are important components of our internal performance measurement

process.

A reconciliation of Adjusted EBITDA to the most

directly comparable GAAP measure is included in the tables that accompany this release.

INNODATA INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited)

(In thousands, except per-share amounts)

Three Months Ended

Six Months Ended

June 30,

2026

2025

2026

2025

Revenues

$ 92,142

$ 58,393

$ 182,238

$ 116,737

Operating costs and expenses:

Direct operating costs

49,682

35,370

99,986

70,462

Selling and administrative expenses

26,600

14,112

49,492

29,092

Interest income, net

(1,695 )

(577 )

(2,137 )

(704 )

74,587

48,905

147,341

98,850

Income before provision for income taxes

17,555

9,488

34,897

17,887

Provision for income taxes

3,143

2,269

5,587

2,881

Consolidated net income

14,412

7,219

29,310

15,006

Income attributable to non-controlling interests

Net income attributable to Innodata Inc. and Subsidiaries

$ 14,412

$ 7,219

$ 29,310

$ 15,006

Income per share attributable to Innodata Inc. and Subsidiaries:

Basic

$ 0.43

$ 0.23

$ 0.89

$ 0.47

Diluted

$ 0.41

$ 0.20

$ 0.86

$ 0.43

Weighted average shares outstanding:

Basic

33,468

31,785

33,044

31,609

Diluted

34,771

35,301

34,268

35,120

INNODATA INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(Unaudited)

(In thousands)

June 30,

2026

December 31,

2025

ASSETS

Current assets:

Cash and cash equivalents

$ 240,278

$ 82,216

Short term investments

10,093

Accounts receivable, net

47,560

46,510

Prepaid expenses and other current assets

22,833

6,654

Total current assets

320,764

135,394

Property and equipment, net

8,392

7,966

Right-of-use asset, net

3,571

4,094

Other assets

3,206

1,648

Deferred income taxes, net

4,515

3,429

Intangibles, net

14,189

13,983

Goodwill

2,036

2,079

Total assets

$ 356,673

$ 168,593

LIABILITIES AND STOCKHOLDERS’ EQUITY

Current liabilities:

Accounts payable

$ 53,039

$ 9,615

Advances from customers

66,962

1,812

Accrued expenses and other liabilities

36,346

7,800

Accrued salaries, wages and related benefits

15,568

16,480

Deferred revenues

6,246

7,493

Income and other taxes

3,900

4,471

Long-term obligations - current portion

2,255

1,659

Operating lease liability - current portion

1,287

1,202

Total current liabilities

185,603

50,532

Deferred income taxes, net

146

Long-term obligations, net of current portion

8,944

7,625

Operating lease liability, net of current portion

2,545

3,228

Total liabilities

197,139

61,531

STOCKHOLDERS' EQUITY

159,534

107,062

Total liabilities and stockholders’ equity

$ 356,673

$ 168,593

INNODATA INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

(In thousands)

Six Months Ended

June

30,

2026

2025

Cash flows from operating activities:

Consolidated net income

$ 29,310

$ 15,006

Adjustments to reconcile consolidated net income to net

cash

provided by operating activities:

Stock-based compensation

13,104

5,602

Depreciation and amortization

4,475

3,164

Deferred income taxes, net

(1,175 )

1,355

Pension cost

818

672

Loss on lease termination

Changes in operating assets and liabilities:

Accounts receivable

(1,228 )

(5,716 )

Prepaid expenses

and other current assets

(15,384 )

(387 )

Other assets

236

(76 )

Accounts payable,

accrued expenses and other

135,827

(1,499 )

Accrued salaries,

wages and related benefits

(894 )

(1,490 )

Income and

other taxes

(532 )

(1,529 )

Pension

benefit payments

(116 )

(112 )

Net

cash provided by operating activities

164,441

14,990

Cash flows from investing activities:

Capital expenditures

(5,309 )

(4,058 )

Purchase of short

term investments

(10,079 )

Net

cash used in investing activities

(15,388 )

(4,058 )

Cash flows from financing activities:

Proceeds from exercise of stock options

10,904

1,468

Withholding taxes on net settlement

of restricted stock units

(62 )

Payment of long-term

obligations

(877 )

(117 )

Net

cash provided by financing activities

9,965

1,351

Effect of exchange

rate changes on cash and cash equivalents

(956 )

612

Net increase in cash and cash equivalents

158,062

12,895

Cash and cash

equivalents, beginning of period

82,216

46,897

Cash and cash

equivalents, end of period

$ 240,278

$ 59,792

INNODATA INC. AND SUBSIDIARIES

RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL

MEASURES

(Unaudited)

(In thousands)

Adjusted Gross Profit and Adjusted Gross Margin

For the Three Months Ended

June 30,

For the Six Months Ended

June 30,

2026

2025

2026

2025

Gross Profit attributable to Innodata Inc. and Subsidiaries

$ 42,460

$ 23,023

$ 82,252

$ 46,275

Depreciation and amortization

2,242

1,583

4,361

3,127

Stock-based compensation

681

441

1,345

868

Adjusted Gross Profit

$ 45,383

$ 25,047

$ 87,958

$ 50,270

Gross Margin

46 %

39 %

45 %

40 %

Adjusted Gross Margin

49 %

43 %

48 %

43 %

Adjusted EBITDA

For

the Three Months Ended

June 30,

For

the Six Months Ended

June 30,

2026

2025

2026

2025

Net income attributable to Innodata Inc.

and Subsidiaries

$ 14,412

$ 7,219

$ 29,310

$ 15,006

Provision for income taxes

3,143

2,269

5,587

2,881

Interest income, net

(1,695 )

(577 )

(2,137 )

(704 )

Depreciation and amortization

2,299

1,602

4,475

3,164

Stock-based

compensation

7,196

2,721

13,104

5,602

Adjusted EBITDA

$ 25,355

$ 13,234

$ 50,339

$ 25,949

GRAPHIC

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XML — IDEA: XBRL DOCUMENT

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v3.26.1

Cover

Aug. 03, 2026

Cover [Abstract]

Document Type

8-K

Amendment Flag

false

Document Period End Date

Aug. 03, 2026

Entity File Number

001-35774

Entity Registrant Name

INNODATA

INC.

Entity Central Index Key

0000903651

Entity Tax Identification Number

13-3475943

Entity Incorporation, State or Country Code

Entity Address, Address Line One

Challenger Road

Entity Address, City or Town

Ridgefield

Park

Entity Address, State or Province

Entity Address, Postal Zip Code

07660

City Area Code

201

Local Phone Number

371-8000

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Title of 12(b) Security

Common

Stock

Trading Symbol

INOD

Security Exchange Name

NASDAQ

Entity Emerging Growth Company

false

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

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Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

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- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Cover page.

+ References

No definition available.

+ Details

Name:

dei_CoverAbstract

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Data Type:

xbrli:stringItemType

Balance Type:

Period Type:

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- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

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No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

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Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

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Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

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- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

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Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

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- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

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Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

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Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

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