Innodata
INOD · NASDAQ · Technology
$57.14
+$0.16 (+0.28%) today
Market Cap
$1.96B
24h Volume
$103.4M
P/E Ratio
44.3
52w High
$121.50
52w Low
$34.45
Est. AI Revenue
90%
7-Day Sparkline (Static)
Company facts
Performance
About Innodata
Innodata is a data engineering company that helps large technology firms build AI systems. It makes money by supplying the human and technical work behind model training: collecting data, annotating it, evaluating model outputs, and running safety testing programs for customers that include several of the largest US technology companies.
Its core generative AI services span training data creation, data annotation and collection, and model evaluation and safety testing. The company also owns two smaller platforms: Synodex, which extracts structured data from medical records, and Agility PR Solutions, a media intelligence product.
Founded in 1988 and headquartered in Ridgefield Park, New Jersey, Innodata employs about 10,000 people worldwide and trades on the NASDAQ. The company began in publishing services and repositioned itself around AI data work as foundation model demand accelerated.
Innodata in the AI buildout
Innodata sits in the AI Services layer of the buildout, one step upstream of the companies training models. Frontier models are only as good as their training data, and Innodata supplies the annotation, human feedback, and evaluation work that model builders need at scale. Its revenue now depends heavily on a handful of hyperscale AI labs, which makes it a direct read on frontier model training budgets. When labs push new model generations, demand for high quality data preparation and safety testing rises with them.
INOD is tracked in AI Services, rated Pure Play on the AI Exposure leaderboard.
By the numbers
52-week range
INOD trades at $57.14, 26% of the way up its 52-week range of $34.45 to $121.50.
Market cap
Market capitalization is $1.96B, with an AI Exposure Score of 90 out of 100.
Valuation vs peers
Its P/E ratio of 44.3 is above the AI Services category median of 17.6.
Next earnings
Innodata is next expected to report earnings on November 5, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Innodata do?
Innodata provides AI data engineering services. It collects, creates, and annotates training data, evaluates model outputs, and supports safety testing for large technology companies building foundation models. It also runs two smaller platforms, Synodex for medical records data and Agility for media intelligence.
How is Innodata exposed to AI?
Nearly all of Innodata's growth comes from generative AI data work for hyperscale technology customers. Supercycle rates it Pure Play with an AI Exposure Score of 90 out of 100, since the business as it stands today exists because of foundation model training demand.
Is INOD a pure play AI stock?
Yes. Supercycle classifies Innodata as a Pure Play because its growth engine is training data and model evaluation work for foundation model builders. The main risk is customer concentration, since a small number of large AI labs drive most of that demand.
Who leads Innodata?
Jack S. Abuhoff serves as CEO. He has led the company through its shift from legacy publishing and data services into AI data engineering for large technology customers. Innodata is headquartered in Ridgefield Park, New Jersey.
How big is Innodata?
Innodata employs about 10,000 people worldwide, many in delivery centers across Asia. The company was founded in 1988, is headquartered in Ridgefield Park, New Jersey, and trades on the NASDAQ under the ticker INOD.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.