Innodata Inc.

Innodata Opens Motion-Capture AI Lab to Help Humanoids Move Like Humans

Innodata opened a New Jersey-based motion-capture R&D lab designed to generate training data for humanoid robots and independently validate robot performance data. The lab was developed in collaboration with motion-capture leader Vicon and uses high-precision infrared optical tracking cameras capable of sub-millimeter accuracy. Customers can buy off-the-shelf motion data, commission custom projects, or send robots in for third-party performance evaluation and safety benchmarks. The facility extends Innodata's physical AI practice into end-to-end data capture and model evaluation, a segment CEO Rahul Singhal called the fastest-growing in AI.

•25d ago

Innodata Appoints Admiral Michael S. Rogers, Former NSA Director and Commander of U.S. Cyber Command, to Its Board of Directors

Innodata appointed Admiral Michael S. Rogers, U.S. Navy (Ret.) — former Director of the NSA and Commander of U.S. Cyber Command — to its Board of Directors, effective immediately. The appointment is aimed at guiding Innodata's Federal practice, launched last fall, and its push into AI agent trust, safety, and evaluation capabilities for government and enterprise customers. Rogers follows recent board additions General (Ret.) Richard D. Clarke and Don Callahan, and CEO Jack Abuhoff called his judgment, credibility, and relationships invaluable as AI reshapes both the offense and defense of cyberspace.

•1mo ago

INOD: 10-Q · periodic report

Innodata's Q2 2026 revenue jumped approximately 58% year-over-year to $92.1 million, with net income nearly doubling to $14.4 million and diluted EPS rising to $0.41 from $0.20, driven by higher volumes of AI data engineering services from existing customer programs. The balance sheet strengthened sharply: cash and equivalents tripled to $240.3 million from $82.2 million at year-end 2025, working capital grew to $135.2 million, and six-month operating cash flow reached $164.4 million, though $67.0 million of cash relates to customer advances for ongoing programs. Profitability expanded alongside growth, with gross margin improving to 46% from 39%, adjusted gross margin to 49%, and Adjusted EBITDA rising to $25.4 million from $13.2 million in the year-ago quarter. The main caveat is concentration: the top customer represented 37% and a second customer 34% of Q2 revenue, with two customers accounting for 66% of receivables, while a securities class action against the company was dismissed with prejudice on June 10, 2026.

SEC 10-Q•2mo ago

Innodata Reports Record Second Quarter 2026 Results

Innodata reported Q2 revenue of $92.1 million, up 58% year-over-year, beating consensus by 7%. Adjusted EBITDA was $25.4 million, beating consensus by 50%, while Adjusted Gross Margin expanded to 49%. The company announced a planned leadership transition effective September 30, with Rahul Singhal becoming CEO and founder Jack Abuhoff moving to Executive Chairman.

•2mo ago

Innodata Releases the First Stage of Its AI Cyber Training Suite to Enable AI Coding Agents to Write - and Repair - Secure Code

Innodata launched the first stage of its AI Cyber Training Suite, comprising twelve datasets and evaluation systems designed to train AI coding agents to write and repair secure code. The suite is built from thousands of real-world security flaws across multiple programming languages and platforms, allowing models to learn how to patch vulnerabilities without breaking software functionality. Internal testing indicated that fine-tuning on this data more than doubled the ability of open-weight AI models to repair verified security flaws, improving performance from 18.4% to 41.2%.

•2mo ago

Innodata Appoints Jayant Chauhan as Chief Financial Officer

Innodata appointed Jayant Chauhan as Executive Vice President and CFO, effective July 6, 2026, with interim CFO Marissa Espineli transitioning to the role of Chief Accounting Officer. Mr. Chauhan brings over two decades of experience in finance and M&A from firms including Mphasis and OYO, joining the company during a phase of exponential growth in generative AI. Management reaffirmed its full-year 2026 revenue growth guidance to approximately 40% or more year-over-year, an increase from the prior outlook of 35% or more.

•4mo ago

Innodata Reports Record First Quarter 2026 Results

Innodata reported record Q1 revenue of $90.1 million, up 54% year-over-year, beating consensus by 18% with Adjusted EBITDA of $25.0 million. Management raised full-year 2026 revenue growth guidance to approximately 40% or more, up from the prior outlook of 35% or more. New engagements with a leading Big Tech customer are expected to generate approximately $51 million of revenue in 2026, significantly diversifying the customer base.

•5mo ago