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Innodata Valuation Multiples
Discover revenue and EBITDA valuation multiples for Innodata and similar public comparables like Planisware, Karooooo, DoubleVerify, Clarivate and more.
Innodata Overview
About Innodata
Innodata Inc is a data engineering company. It is helping companies deploy and integrate AI into their operations and products and providing AI-enabled industry platforms. The Companyโs operations are classified in three reporting segments: Digital Data Solutions (DDS), Synodex and Agility. Key revenue is generated from DDS segment provides AI data preparation services, collecting or creating training data, annotating training data, and training AI algorithms for its customers, and AI model deployment and integration. It also provides a range of data engineering support services including data transformation, data curation, data hygiene, data consolidation, data extraction, data compliance, and master data management.
Founded
1988
HQ

Employees
6.6K
Website
Financials (LTM)
EV
$1B
Innodata Financials
Innodata reported last 12-month revenue of $276M and EBITDA of $59M.
In the same LTM period, Innodata generated $107M in gross profit, $59M in EBITDA, and $31M in net income.
Revenue (LTM)
Innodata P&L
In the most recent fiscal year, Innodata reported revenue of $252M and EBITDA of $58M.
Innodata expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $276M | XXX | $252M | XXX | XXX | XXX |
| Gross Profit | $107M | XXX | $99M | XXX | XXX | XXX |
| Gross Margin | 39% | XXX | 40% | XXX | XXX | XXX |
| EBITDA | $59M | XXX | $58M | XXX | XXX | XXX |
| EBITDA Margin | 21% | XXX | 23% | XXX | XXX | XXX |
| EBIT Margin | 15% | XXX | 17% | XXX | XXX | XXX |
| Net Profit | $31M | XXX | $32M | XXX | XXX | XXX |
| Net Margin | 11% | XXX | 13% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Innodata Stock Performance
Innodata has current market cap of $1B, and enterprise value of $1B.
Market Cap Evolution
Innodata's stock price is $43.46.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $1B | $1B | -0.9% | XXX | XXX | XXX | $0.99 |
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Start Free TrialInnodata Valuation Multiples
Innodata trades at 4.8x EV/Revenue multiple, and 22.8x EV/EBITDA.
EV / Revenue (LTM)
Innodata Financial Valuation Multiples
As of April 17, 2026, Innodata has market cap of $1B and EV of $1B.
Equity research analysts estimate Innodata's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Innodata has a P/E ratio of 45.4x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV/Revenue | 4.8x | XXX | 5.3x | XXX | XXX | XXX |
| EV/EBITDA | 22.8x | XXX | 23.1x | XXX | XXX | XXX |
| EV/EBIT | 32.2x | XXX | 31.6x | XXX | XXX | XXX |
| EV/Gross Profit | 12.5x | XXX | 13.5x | XXX | XXX | XXX |
| P/E | 45.4x | XXX | 44.0x | XXX | XXX | XXX |
| EV/FCF | 42.5x | XXX | 37.6x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Innodata Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Innodata Margins & Growth Rates
Innodata's revenue in the last 12 month grew by 32%.
Innodata's revenue per employee in the last FY averaged $0.0M, while opex per employee averaged $0.0M for the same period.
Innodata's rule of 40 is 51% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Innodata's rule of X is 102% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Innodata Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 32% | XXX | 33% | XXX | XXX | XXX |
| EBITDA Margin | 21% | XXX | 23% | XXX | XXX | XXX |
| EBITDA Growth | 14% | XXX | 4% | XXX | XXX | XXX |
| Rule of 40 | โ | XXX | 51% | XXX | XXX | XXX |
| Bessemer Rule of X | โ | XXX | 102% | XXX | XXX | XXX |
| Revenue per Employee | โ | XXX | $0.0M | XXX | XXX | XXX |
| Opex per Employee | โ | XXX | $0.0M | XXX | XXX | XXX |
| Opex to Revenue | โ | XXX | 24% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Innodata Public Comps
See public comps and valuation multiples for other BI & Analytics Software comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Innodata | XXX | XXX | XXX | XXX | XXX | XXX |
| Planisware | XXX | XXX | XXX | XXX | XXX | XXX |
| Karooooo | XXX | XXX | XXX | XXX | XXX | XXX |
| DoubleVerify | XXX | XXX | XXX | XXX | XXX | XXX |
| Clarivate | XXX | XXX | XXX | XXX | XXX | XXX |
| Beijing Join-Cheer | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Innodata M&A Activity
Innodata acquired XXX companies to date.
Last acquisition by Innodata was on XXXXXXXX, XXXXX. Innodata acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Innodata
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialInnodata Investment Activity
Innodata invested in XXX companies to date.
Innodata made its latest investment on XXXXXXXX, XXXXX. Innodata invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Innodata
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Innodata
| When was Innodata founded? | Innodata was founded in 1988. |
| Where is Innodata headquartered? | Innodata is headquartered in United States. |
| How many employees does Innodata have? | As of today, Innodata has over 6K employees. |
| Who is the CEO of Innodata? | Innodata's CEO is Jack S. Abuhoff. |
| Is Innodata publicly listed? | Yes, Innodata is a public company listed on Nasdaq. |
| What is the stock symbol of Innodata? | Innodata trades under INOD ticker. |
| When did Innodata go public? | Innodata went public in 1993. |
| Who are competitors of Innodata? | Innodata main competitors are Planisware, Karooooo, DoubleVerify, Clarivate. |
| What is the current market cap of Innodata? | Innodata's current market cap is $1B. |
| What is the current revenue of Innodata? | Innodata's last 12 months revenue is $276M. |
| What is the current revenue growth of Innodata? | Innodata revenue growth (NTM/LTM) is 32%. |
| What is the current EV/Revenue multiple of Innodata? | Current revenue multiple of Innodata is 4.8x. |
| Is Innodata profitable? | Yes, Innodata is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Innodata? | Innodata's last 12 months EBITDA is $59M. |
| What is Innodata's EBITDA margin? | Innodata's last 12 months EBITDA margin is 21%. |
| What is the current EV/EBITDA multiple of Innodata? | Current EBITDA multiple of Innodata is 22.8x. |
| What is the current FCF of Innodata? | Innodata's last 12 months FCF is $31M. |
| What is Innodata's FCF margin? | Innodata's last 12 months FCF margin is 11%. |
| What is the current EV/FCF multiple of Innodata? | Current FCF multiple of Innodata is 42.5x. |
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