INOD News & Events

INNODATA awarded a contract for the Missile Defense Agency Scalable Homeland Innovative Enterprise Layered Defense indefinite-delivery/indefinite-quantity contract. The SHIELD program is designed to drive rapid innovation and deliver next-generation capabilities that strengthen the nation's multi-layered homeland defense architecture. As part of the broader Golden Dome strategy, this selection positions Innodata to compete for future task orders across research, development, engineering, prototyping, and operations of critical Missile Defense Agency systems that support U.S. national security objectives. The award was made as part of a list of companies eligible to compete under the program publicly announced by the U.S. Government on 15-Jan-26.

Jack Abuhoff, CEO, said, "Based on updated forecasts, we reiterate guidance we provided last quarter of 45% or more year-over-year organic revenue growth in 2025, and we anticipate continued transformative growth in 2026 based on new wins and strong momentum."

Reports Q3 revenue $62.6M, consensus $59.78M. Jack Abuhoff, CEO, said, "Our third quarter marked another record-setting performance for Innodata, with revenue, profitability, and cash all at all-time highs. Looking ahead, in 2026, we anticipate a continuation of our transformative growth, fueled by (1) deepening relationships with the world's leading Big Tech and AI innovation labs, as evidenced by verbal confirmation of an expansion with our largest customer that could potentially result in substantial revenue, verbal confirmation of a deal with another Big Tech which could potentially result in $6.5 million of annualized revenue runrate, and five new Big Tech customers we have either landed or expect to finalize shortly, two of which are global leaders in commerce, cloud and AI; and (2) strong early returns from seven major investment areas, several of which we are announcing."