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Side-by-side financial comparison of INNODATA INC (INOD) and UNITED STATES LIME & MINERALS INC (USLM). Click either name above to swap in a different company.

UNITED STATES LIME & MINERALS INC is the larger business by last-quarter revenue ($87.9M vs $72.4M, roughly 1.2× INNODATA INC). UNITED STATES LIME & MINERALS INC runs the higher net margin — 34.7% vs 12.2%, a 22.5% gap on every dollar of revenue. On growth, INNODATA INC posted the faster year-over-year revenue change (22.3% vs 9.8%). UNITED STATES LIME & MINERALS INC produced more free cash flow last quarter ($25.7M vs $10.1M). Over the past eight quarters, INNODATA INC's revenue compounded faster (65.3% CAGR vs 10.8%).

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.

United States Lime & Minerals Inc is a leading US-based natural resources enterprise that produces high-calcium lime, dolomitic lime, limestone and related mineral products. Its core client segments cover infrastructure construction, steel manufacturing, agricultural soil amendment, environmental emission control and industrial processing, serving customers across North America.

INOD vs USLM — Head-to-Head

Bigger by revenue
USLM
USLM
1.2× larger
USLM
$87.9M
$72.4M
INOD
Growing faster (revenue YoY)
INOD
INOD
+12.5% gap
INOD
22.3%
9.8%
USLM
Higher net margin
USLM
USLM
22.5% more per $
USLM
34.7%
12.2%
INOD
More free cash flow
USLM
USLM
$15.6M more FCF
USLM
$25.7M
$10.1M
INOD
Faster 2-yr revenue CAGR
INOD
INOD
Annualised
INOD
65.3%
10.8%
USLM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
INOD
INOD
USLM
USLM
Revenue
$72.4M
$87.9M
Net Profit
$8.8M
$30.5M
Gross Margin
38.3%
48.0%
Operating Margin
15.1%
41.0%
Net Margin
12.2%
34.7%
Revenue YoY
22.3%
9.8%
Net Profit YoY
-14.2%
13.2%
EPS (diluted)
$0.26
$1.06

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
USLM
USLM
Q4 25
$72.4M
$87.9M
Q3 25
$62.5M
$102.0M
Q2 25
$58.4M
$91.5M
Q1 25
$58.3M
$91.3M
Q4 24
$59.2M
$80.1M
Q3 24
$52.2M
$89.4M
Q2 24
$32.6M
$76.5M
Q1 24
$26.5M
$71.7M
Net Profit
INOD
INOD
USLM
USLM
Q4 25
$8.8M
$30.5M
Q3 25
$8.3M
$38.8M
Q2 25
$7.2M
$30.8M
Q1 25
$7.8M
$34.1M
Q4 24
$10.3M
$27.0M
Q3 24
$17.4M
$33.4M
Q2 24
$-14.0K
$26.1M
Q1 24
$989.0K
$22.4M
Gross Margin
INOD
INOD
USLM
USLM
Q4 25
38.3%
48.0%
Q3 25
40.8%
51.2%
Q2 25
39.4%
45.8%
Q1 25
39.9%
50.6%
Q4 24
45.2%
44.3%
Q3 24
40.8%
48.2%
Q2 24
28.7%
45.5%
Q1 24
36.4%
42.7%
Operating Margin
INOD
INOD
USLM
USLM
Q4 25
15.1%
41.0%
Q3 25
18.8%
45.3%
Q2 25
15.3%
39.0%
Q1 25
14.2%
43.7%
Q4 24
19.0%
38.8%
Q3 24
21.9%
42.6%
Q2 24
1.0%
39.1%
Q1 24
5.0%
35.9%
Net Margin
INOD
INOD
USLM
USLM
Q4 25
12.2%
34.7%
Q3 25
13.3%
38.0%
Q2 25
12.4%
33.7%
Q1 25
13.3%
37.4%
Q4 24
17.4%
33.7%
Q3 24
33.3%
37.3%
Q2 24
-0.0%
34.0%
Q1 24
3.7%
31.3%
EPS (diluted)
INOD
INOD
USLM
USLM
Q4 25
$0.26
$1.06
Q3 25
$0.24
$1.35
Q2 25
$0.20
$1.07
Q1 25
$0.22
$1.19
Q4 24
$0.35
$-2.20
Q3 24
$0.51
$1.16
Q2 24
$0.00
$0.91
Q1 24
$0.03
$3.92

Balance Sheet & Financial Strength

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

Metric
INOD
INOD
USLM
USLM
Cash + ST InvestmentsLiquidity on hand
$82.2M
$371.1M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$107.1M
$630.8M
Total Assets
$168.6M
$681.0M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INOD
INOD
USLM
USLM
Q4 25
$82.2M
$371.1M
Q3 25
$73.9M
$349.5M
Q2 25
$59.8M
$319.9M
Q1 25
$56.6M
$300.6M
Q4 24
$46.9M
$278.0M
Q3 24
$26.4M
$255.0M
Q2 24
$16.5M
$222.5M
Q1 24
$19.0M
$207.0M
Total Debt
INOD
INOD
USLM
USLM
Q4 25
$0
Q3 25
$0
Q2 25
$0
Q1 25
$0
Q4 24
$0
Q3 24
$0
Q2 24
$0
Q1 24
$0
Stockholders' Equity
INOD
INOD
USLM
USLM
Q4 25
$107.1M
$630.8M
Q3 25
$97.3M
$602.3M
Q2 25
$86.7M
$563.3M
Q1 25
$75.5M
$532.2M
Q4 24
$63.5M
$497.7M
Q3 24
$47.7M
$474.2M
Q2 24
$29.0M
$441.1M
Q1 24
$27.6M
$415.3M
Total Assets
INOD
INOD
USLM
USLM
Q4 25
$168.6M
$681.0M
Q3 25
$152.9M
$652.8M
Q2 25
$132.6M
$607.4M
Q1 25
$125.2M
$585.3M
Q4 24
$113.4M
$543.2M
Q3 24
$88.2M
$521.8M
Q2 24
$66.0M
$484.2M
Q1 24
$63.6M
$464.0M
Debt / Equity
INOD
INOD
USLM
USLM
Q4 25
0.00×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.00×
Q4 24
0.00×
Q3 24
0.00×
Q2 24
0.00×
Q1 24
0.00×

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
USLM
USLM
Operating Cash FlowLast quarter
$12.9M
$45.6M
Free Cash FlowOCF − Capex
$10.1M
$25.7M
FCF MarginFCF / Revenue
13.9%
29.2%
Capex IntensityCapex / Revenue
3.9%
22.6%
Cash ConversionOCF / Net Profit
1.46×
1.49×
TTM Free Cash FlowTrailing 4 quarters
$35.6M
$102.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INOD
INOD
USLM
USLM
Q4 25
$12.9M
$45.6M
Q3 25
$18.8M
$45.9M
Q2 25
$4.2M
$34.0M
Q1 25
$10.9M
$39.4M
Q4 24
$17.2M
$38.6M
Q3 24
$11.4M
$39.0M
Q2 24
$-454.0K
$21.2M
Q1 24
$6.8M
$27.2M
Free Cash Flow
INOD
INOD
USLM
USLM
Q4 25
$10.1M
$25.7M
Q3 25
$14.5M
$31.3M
Q2 25
$2.5M
$20.8M
Q1 25
$8.5M
$24.6M
Q4 24
$15.0M
$27.6M
Q3 24
$9.9M
$33.9M
Q2 24
$-3.2M
$16.8M
Q1 24
$5.4M
$20.3M
FCF Margin
INOD
INOD
USLM
USLM
Q4 25
13.9%
29.2%
Q3 25
23.2%
30.7%
Q2 25
4.3%
22.7%
Q1 25
14.6%
26.9%
Q4 24
25.3%
34.4%
Q3 24
19.0%
37.9%
Q2 24
-9.8%
21.9%
Q1 24
20.5%
28.4%
Capex Intensity
INOD
INOD
USLM
USLM
Q4 25
3.9%
22.6%
Q3 25
6.8%
14.4%
Q2 25
2.9%
14.5%
Q1 25
4.0%
16.3%
Q4 24
3.7%
13.8%
Q3 24
2.8%
5.8%
Q2 24
8.4%
5.7%
Q1 24
5.1%
9.5%
Cash Conversion
INOD
INOD
USLM
USLM
Q4 25
1.46×
1.49×
Q3 25
2.25×
1.18×
Q2 25
0.59×
1.10×
Q1 25
1.40×
1.16×
Q4 24
1.67×
1.43×
Q3 24
0.65×
1.17×
Q2 24
0.81×
Q1 24
6.84×
1.21×

Financial Flow Comparison

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

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