Innodata reported strong full-year 2025 results with significant revenue growth driven by its AI-focused services, particularly in the DDS segment. The company anticipates continued robust growth in 2026, supported by innovation and expanding customer diversification, while also focusing on margin expansion through automation.
Full-year 2025 revenue grew 48% year-over-year to $251.7 million.
positiveFourth-quarter 2025 revenue increased 22% year-over-year to $72.4 million.
positiveFull-year 2025 Adjusted EBITDA increased 68% to $57.9 million.
positiveAnticipates approximately 35% or more revenue growth in 2026.
positiveCash, cash equivalents and short-term investments increased significantly to $82.2 million as of December 31, 2025, from $46.9 million in the prior year.
positiveFourth-quarter 2025 net income decreased to $8.8 million ($0.25/diluted share) from $10.3 million ($0.31/diluted share) in the prior year's quarter.
attentionSynodex segment revenue decreased 23% year-over-year for the full year 2025, from $7.9 million to $7.3 million.
attentionSynodex segment gross margin compressed to 18% in full-year 2025 from 27% in full-year 2024.
attentionAgility segment net income (loss) attributable to the segment was a loss of $0.27 million for the full year 2025, compared to income of $1.3 million in the prior year.
attentionMargin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.
| Segment | Current | Prior Yr | YoY | % Total |
|---|---|---|---|---|
DDS Segment | N/A | — | — | — |
Synodex Segment | N/A | — | — | — |
Agility Segment | N/A | — | — | — |
| Total Revenue | $0.00M | — | — | 100.0% |
Segment performance shows business unit health and growth drivers.
Forward-looking guidance is subject to change and does not constitute a guarantee. Actual results may differ materially from these estimates.
2025 was a defining year for Innodata, with significant annual growth and margin expansion.
Entering 2026 with extraordinary momentum driven by accelerating demand in frontier model training, agentic AI, and physical AI.
Innodata's role is evolving from data supplier to strategic lifecycle partner for advanced AI initiatives.
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