)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
Innodata (INOD) investor relations material
Innodata Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary6 Nov, 2025
Executive summary
Achieved record Q3 2025 revenue of $62.6M, up 20% year-over-year, and $179.3M for the nine months, up 61% year-over-year, with adjusted EBITDA of $16.2M (26% margin) and cash rising to $73.9M.
Net income for Q3 2025 was $8.3M, down from $17.4M a year ago due to a prior tax benefit and higher costs; nine-month net income was $23.3M, up from $18.4M.
Largest customer accounted for 56% of Q3 2025 revenue, highlighting revenue concentration risk.
Company is a key data engineering partner for major technology firms, including five of the "Magnificent Seven."
Six new 2025 investment initiatives, including pre-training data, federal business, sovereign AI, enterprise AI, Agentic AI, and model safety, are already generating significant early returns.
Financial highlights
Q3 2025 revenue: $62.6M (+20% YoY); nine months: $179.3M (+61% YoY).
Adjusted EBITDA: $16.2M in Q3 2025 (26% margin); $42.2M for nine months.
Adjusted gross margin: 44% in Q3 2025; 43% YTD September 2025.
Cash and short-term investments: $73.9M as of September 2025, up from $46.9M at year-end 2024.
SaaS revenue (Agility Media Intelligence): ~10% of total; services: ~90%.
Outlook and guidance
Reiterated guidance of at least 45% year-over-year growth in 2025, targeting $247.2M for the year.
Anticipates transformative growth in 2026, driven by new contracts, strategic vectors, and AI partnerships.
Majority of new pre-training data and federal contracts expected to contribute revenue primarily in 2026.
Management expects existing cash to provide sufficient liquidity for at least the next 12 months.
Anticipated capital expenditures for the next 12 months are approximately $11.0M, focused on software and technology upgrades.
Innodata Federal's unique value proposition?
How does pretraining data shift Innodata's focus?
Rationale for absorbing excess capacity costs?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Innodata earnings date
Q4 202520 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Innodata Inc provides data engineering and digital transformation services. The company offers AI training data, data annotation, content management, and analytics services for enterprises in technology, finance, healthcare, and publishing. It is headquartered in Ridgefield Park, New Jersey, and its shares are listed on the NASDAQ.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage