Innodata Inc
INODMarket price data through November 12, 2026.
Performance
Nov 2021 – Nov 2026
Track record
How this pick has done since Benson first called it.
- Benson Return
- -23%
- How much this stock is up since Benson first picked it — measured from the price at the time of that first pick, not from today.
- First pick price
- ~$47
- Roughly what one share cost when Benson first picked this stock. This is the starting line for the Benson Return.
- Tracking since
- April 2026
- The month this stock first became a Benson pick.
- Tracking duration
- 6 months
- How long Benson has been tracking this pick.
About Innodata Inc
Innodata is the picks and shovels company behind the AI boom. They work like a tutor and test grader for the world's smartest machines. For more than 36 years they have built the high quality training data and human expert review that AI companies need to make their models actually work, and now they are taking that playbook to robots by recording real human movement to teach humanoid robots how to move.
The case for and against
Both sides of the story, in plain English.
- Record Run
Revenue hit 95.6 million dollars this quarter, up 53 percent from a year ago, and that was the 13th quarter in a row of growth. The company raised its full year growth goal to 42 percent or more, up from 40 percent, even though a program at one big customer is winding down. Cash nearly doubled to 164 million dollars since the end of 2025.
- Wider Wins
A customer that made up less than 5 percent of sales a year ago became the biggest customer this quarter, and it has already signed an extra project worth about 18 million dollars. One of the giant cloud computing companies brought in about 3.1 million dollars over the past year and is now expected to bring in more than 20 million in 2027. Innodata also added 5 new customers and opened a motion capture lab to train humanoid robots.
- Costs Catching Up
Sales grew 53 percent, but selling and overhead costs nearly doubled to 26.9 million dollars from 13.7 million. Profit before taxes actually fell to about 10 million dollars from 12.2 million a year ago, and net income only rose to 10.3 million because of a much smaller tax bill. The share of each sale they keep also slipped to 40 percent, down from 49 percent last quarter.
- Bumpy Ride
A program at one of their largest customers is winding down, and the company is counting on new work to fill that gap in early 2027. Two giant clients now carry a big share of sales, and either one can shrink a project quickly. On top of that, this stock tends to move about 3 times as much as the overall market, so a single AI headline can send it soaring or sinking.
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How to read this page
This automated research summary uses Financial Modeling Prep market data through 2026-11-12. Model signals, scores, and risk labels can change and may be incomplete or wrong.
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