vs

Side-by-side financial comparison of BYLINE BANCORP, INC. (BY) and INNODATA INC (INOD). Click either name above to swap in a different company.

BYLINE BANCORP, INC. is the larger business by last-quarter revenue ($112.4M vs $72.4M, roughly 1.6× INNODATA INC). BYLINE BANCORP, INC. runs the higher net margin — 33.4% vs 12.2%, a 21.2% gap on every dollar of revenue. On growth, INNODATA INC posted the faster year-over-year revenue change (22.3% vs 9.0%). Over the past eight quarters, INNODATA INC's revenue compounded faster (65.3% CAGR vs 6.4%).

Byline Bank is a bank headquartered in Chicago, Illinois, United States. It is the primary subsidiary of Byline Bancorp, Inc., a bank holding company, and the 4th largest SBA 7(a) lender.

Innodata Inc., formerly Innodata Isogen, Inc., is an American company that provides business process, technology and consulting services. The company also provides products that aim to help clients create, manage, use and distribute digital information.

BY vs INOD — Head-to-Head

Bigger by revenue
BY
BY
1.6× larger
BY
$112.4M
$72.4M
INOD
Growing faster (revenue YoY)
INOD
INOD
+13.3% gap
INOD
22.3%
9.0%
BY
Higher net margin
BY
BY
21.2% more per $
BY
33.4%
12.2%
INOD
Faster 2-yr revenue CAGR
INOD
INOD
Annualised
INOD
65.3%
6.4%
BY

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BY
BY
INOD
INOD
Revenue
$112.4M
$72.4M
Net Profit
$37.6M
$8.8M
Gross Margin
38.3%
Operating Margin
15.1%
Net Margin
33.4%
12.2%
Revenue YoY
9.0%
22.3%
Net Profit YoY
33.0%
-14.2%
EPS (diluted)
$0.83
$0.26

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BY
BY
INOD
INOD
Q1 26
$112.4M
Q4 25
$117.0M
$72.4M
Q3 25
$115.7M
$62.5M
Q2 25
$110.5M
$58.4M
Q1 25
$103.1M
$58.3M
Q4 24
$104.7M
$59.2M
Q3 24
$101.8M
$52.2M
Q2 24
$99.4M
$32.6M
Net Profit
BY
BY
INOD
INOD
Q1 26
$37.6M
Q4 25
$34.5M
$8.8M
Q3 25
$37.2M
$8.3M
Q2 25
$30.1M
$7.2M
Q1 25
$28.2M
$7.8M
Q4 24
$30.3M
$10.3M
Q3 24
$30.3M
$17.4M
Q2 24
$29.7M
$-14.0K
Gross Margin
BY
BY
INOD
INOD
Q1 26
Q4 25
38.3%
Q3 25
40.8%
Q2 25
39.4%
Q1 25
39.9%
Q4 24
45.2%
Q3 24
40.8%
Q2 24
28.7%
Operating Margin
BY
BY
INOD
INOD
Q1 26
Q4 25
40.1%
15.1%
Q3 25
43.1%
18.8%
Q2 25
35.2%
15.3%
Q1 25
36.4%
14.2%
Q4 24
38.6%
19.0%
Q3 24
39.3%
21.9%
Q2 24
40.4%
1.0%
Net Margin
BY
BY
INOD
INOD
Q1 26
33.4%
Q4 25
34.1%
12.2%
Q3 25
32.1%
13.3%
Q2 25
27.2%
12.4%
Q1 25
27.4%
13.3%
Q4 24
34.3%
17.4%
Q3 24
29.8%
33.3%
Q2 24
29.9%
-0.0%
EPS (diluted)
BY
BY
INOD
INOD
Q1 26
$0.83
Q4 25
$0.77
$0.26
Q3 25
$0.82
$0.24
Q2 25
$0.66
$0.20
Q1 25
$0.64
$0.22
Q4 24
$0.68
$0.35
Q3 24
$0.69
$0.51
Q2 24
$0.68
$0.00

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BY
BY
INOD
INOD
Cash + ST InvestmentsLiquidity on hand
$198.4M
$82.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$107.1M
Total Assets
$9.9B
$168.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BY
BY
INOD
INOD
Q1 26
$198.4M
Q4 25
$149.1M
$82.2M
Q3 25
$259.0M
$73.9M
Q2 25
$218.3M
$59.8M
Q1 25
$421.3M
$56.6M
Q4 24
$563.1M
$46.9M
Q3 24
$452.6M
$26.4M
Q2 24
$730.5M
$16.5M
Stockholders' Equity
BY
BY
INOD
INOD
Q1 26
$1.3B
Q4 25
$1.3B
$107.1M
Q3 25
$1.2B
$97.3M
Q2 25
$1.2B
$86.7M
Q1 25
$1.1B
$75.5M
Q4 24
$1.1B
$63.5M
Q3 24
$1.1B
$47.7M
Q2 24
$1.0B
$29.0M
Total Assets
BY
BY
INOD
INOD
Q1 26
$9.9B
Q4 25
$9.7B
$168.6M
Q3 25
$9.8B
$152.9M
Q2 25
$9.7B
$132.6M
Q1 25
$9.6B
$125.2M
Q4 24
$9.5B
$113.4M
Q3 24
$9.4B
$88.2M
Q2 24
$9.6B
$66.0M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BY
BY
INOD
INOD
Operating Cash FlowLast quarter
$12.9M
Free Cash FlowOCF − Capex
$10.1M
FCF MarginFCF / Revenue
13.9%
Capex IntensityCapex / Revenue
3.9%
Cash ConversionOCF / Net Profit
1.46×
TTM Free Cash FlowTrailing 4 quarters
$35.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BY
BY
INOD
INOD
Q1 26
Q4 25
$140.3M
$12.9M
Q3 25
$38.3M
$18.8M
Q2 25
$16.3M
$4.2M
Q1 25
$27.1M
$10.9M
Q4 24
$175.2M
$17.2M
Q3 24
$19.8M
$11.4M
Q2 24
$40.1M
$-454.0K
Free Cash Flow
BY
BY
INOD
INOD
Q1 26
Q4 25
$136.3M
$10.1M
Q3 25
$38.0M
$14.5M
Q2 25
$15.2M
$2.5M
Q1 25
$25.0M
$8.5M
Q4 24
$171.2M
$15.0M
Q3 24
$19.1M
$9.9M
Q2 24
$39.4M
$-3.2M
FCF Margin
BY
BY
INOD
INOD
Q1 26
Q4 25
116.5%
13.9%
Q3 25
32.8%
23.2%
Q2 25
13.7%
4.3%
Q1 25
24.3%
14.6%
Q4 24
163.5%
25.3%
Q3 24
18.8%
19.0%
Q2 24
39.7%
-9.8%
Capex Intensity
BY
BY
INOD
INOD
Q1 26
Q4 25
3.4%
3.9%
Q3 25
0.3%
6.8%
Q2 25
1.0%
2.9%
Q1 25
2.0%
4.0%
Q4 24
3.8%
3.7%
Q3 24
0.6%
2.8%
Q2 24
0.7%
8.4%
Cash Conversion
BY
BY
INOD
INOD
Q1 26
Q4 25
4.06×
1.46×
Q3 25
1.03×
2.25×
Q2 25
0.54×
0.59×
Q1 25
0.96×
1.40×
Q4 24
5.78×
1.67×
Q3 24
0.65×
0.65×
Q2 24
1.35×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons