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Side-by-side financial comparison of INNODATA INC (INOD) and SunCar Technology Group Inc. (SDA). Click either name above to swap in a different company.

SunCar Technology Group Inc. is the larger business by last-quarter revenue ($119.7M vs $90.1M, roughly 1.3× INNODATA INC). INNODATA INC runs the higher net margin — 16.5% vs -1.6%, a 18.1% gap on every dollar of revenue.

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.

SunCar Technology Group Inc. is a professional automotive digital service provider mainly operating in the Chinese market. It delivers connected car solutions, automotive big data services, and intelligent mobility operation support to automobile manufacturers, fleet operators, and end vehicle users, focusing on improving smart driving experience and automotive digital operation efficiency.

INOD vs SDA — Head-to-Head

Bigger by revenue
SDA
SDA
1.3× larger
SDA
$119.7M
$90.1M
INOD
Higher net margin
INOD
INOD
18.1% more per $
INOD
16.5%
-1.6%
SDA

Income Statement — Q1 FY2026 vs Q2 FY2025

Metric
INOD
INOD
SDA
SDA
Revenue
$90.1M
$119.7M
Net Profit
$14.9M
$-1.9M
Gross Margin
Operating Margin
1.5%
Net Margin
16.5%
-1.6%
Revenue YoY
54.4%
Net Profit YoY
91.3%
EPS (diluted)
$0.42

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
INOD
INOD
SDA
SDA
Q1 26
$90.1M
Q4 25
$72.4M
Q3 25
$62.5M
Q2 25
$58.4M
$119.7M
Q1 25
$58.3M
$102.6M
Q4 24
$59.2M
Q3 24
$52.2M
$109.6M
Q2 24
$32.6M
Net Profit
INOD
INOD
SDA
SDA
Q1 26
$14.9M
Q4 25
$8.8M
Q3 25
$8.3M
Q2 25
$7.2M
$-1.9M
Q1 25
$7.8M
$-3.6M
Q4 24
$10.3M
Q3 24
$17.4M
$-2.2M
Q2 24
$-14.0K
Gross Margin
INOD
INOD
SDA
SDA
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
INOD
INOD
SDA
SDA
Q1 26
Q4 25
15.1%
Q3 25
18.8%
Q2 25
15.3%
1.5%
Q1 25
14.2%
-2.9%
Q4 24
19.0%
Q3 24
21.9%
0.2%
Q2 24
1.0%
Net Margin
INOD
INOD
SDA
SDA
Q1 26
16.5%
Q4 25
12.2%
Q3 25
13.3%
Q2 25
12.4%
-1.6%
Q1 25
13.3%
-3.6%
Q4 24
17.4%
Q3 24
33.3%
-2.0%
Q2 24
-0.0%
EPS (diluted)
INOD
INOD
SDA
SDA
Q1 26
$0.42
Q4 25
$0.26
Q3 25
$0.24
Q2 25
$0.20
Q1 25
$0.22
$-0.03
Q4 24
$0.35
Q3 24
$0.51
$-0.01
Q2 24
$0.00

Balance Sheet & Financial Strength

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

Metric
INOD
INOD
SDA
SDA
Cash + ST InvestmentsLiquidity on hand
$117.4M
$45.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$128.2M
$29.4M
Total Assets
$210.4M
$277.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INOD
INOD
SDA
SDA
Q1 26
$117.4M
Q4 25
$82.2M
Q3 25
$73.9M
Q2 25
$59.8M
$45.7M
Q1 25
$56.6M
$60.5M
Q4 24
$46.9M
Q3 24
$26.4M
$42.0M
Q2 24
$16.5M
Stockholders' Equity
INOD
INOD
SDA
SDA
Q1 26
$128.2M
Q4 25
$107.1M
Q3 25
$97.3M
Q2 25
$86.7M
$29.4M
Q1 25
$75.5M
$34.8M
Q4 24
$63.5M
Q3 24
$47.7M
$17.7M
Q2 24
$29.0M
Total Assets
INOD
INOD
SDA
SDA
Q1 26
$210.4M
Q4 25
$168.6M
Q3 25
$152.9M
Q2 25
$132.6M
$277.5M
Q1 25
$125.2M
$276.7M
Q4 24
$113.4M
Q3 24
$88.2M
$252.1M
Q2 24
$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
INOD
INOD
SDA
SDA
Operating Cash FlowLast quarter
$37.3M
$9.0K
Free Cash FlowOCF − Capex
$3.0K
FCF MarginFCF / Revenue
0.0%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
2.50×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INOD
INOD
SDA
SDA
Q1 26
$37.3M
Q4 25
$12.9M
Q3 25
$18.8M
Q2 25
$4.2M
$9.0K
Q1 25
$10.9M
$-9.3M
Q4 24
$17.2M
Q3 24
$11.4M
$3.8M
Q2 24
$-454.0K
Free Cash Flow
INOD
INOD
SDA
SDA
Q1 26
Q4 25
$10.1M
Q3 25
$14.5M
Q2 25
$2.5M
$3.0K
Q1 25
$8.5M
$-9.3M
Q4 24
$15.0M
Q3 24
$9.9M
$3.5M
Q2 24
$-3.2M
FCF Margin
INOD
INOD
SDA
SDA
Q1 26
Q4 25
13.9%
Q3 25
23.2%
Q2 25
4.3%
0.0%
Q1 25
14.6%
-9.0%
Q4 24
25.3%
Q3 24
19.0%
3.2%
Q2 24
-9.8%
Capex Intensity
INOD
INOD
SDA
SDA
Q1 26
Q4 25
3.9%
Q3 25
6.8%
Q2 25
2.9%
0.0%
Q1 25
4.0%
0.0%
Q4 24
3.7%
Q3 24
2.8%
0.3%
Q2 24
8.4%
Cash Conversion
INOD
INOD
SDA
SDA
Q1 26
2.50×
Q4 25
1.46×
Q3 25
2.25×
Q2 25
0.59×
Q1 25
1.40×
Q4 24
1.67×
Q3 24
0.65×
Q2 24

Financial Flow Comparison

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

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