What move does the options market price into Innodata's report?

Implied ±15.4%, either direction.

How often does Innodata move more than the options market prices?

2 of the last 8 reports moved at least as far as the implied move.

INODNasdaqServices-Computer Processing & Data Preparation

Innodata Inc (INOD) earnings date, market-implied expected move, and options open interest by expiry

43.05

pre 44.11 +1.87%

Pre-market05:16 ETdelayed

Open43.32Volume1.0MMkt cap$1.4BP/E31.06EPS1.42

Day43.32 – 44.11100%52-wk34.23 – 125.1411%

INOD

Innodata Inc

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±15.4%implied · straddle

8Q avg ±19.9%·×0.78·cheap

35.4448.36

spot 41.90exp Nov 6ATM strike 42ATM straddle 7.60IV 251%

Nov 3 close

Expected move

Inputs

Next report

Today

after close

est.Q3 FY26

Calendar

Next report

Last report

−4.81%

vs ±15.6% implied · ×0.31

shaded = implied · ▲▼ = realized

Aug 6 '26 · confirmed

Implied vs realized

Largest filed tie

58.00%

of INOD revenue · Undisclosed DDS segment customer

customerINOD 10-K

Largest filed tie

13F top-10 QoQ

+30.53%

shares held · 10 largest managers

13F · Jun 30 '26128d lag

286 managers

Top fund weight

0.08%

INOD weight · IWM

N-PORTJun 30 '26

3 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Innodata (INOD) is expected to report on Nov 5 after close (estimated date).

Implied vs realized

8 reports

2 of 8≥ implied

avg implied: ±15.0%
avg realized: ±19.9%

Feb 20 '25Feb 20 '25confirmed±19.8%▲+13.47%×0.68

May 8 '25May 8 '25confirmed±19.3%▼−15.79%×0.82

Jul 31 '25Jul 31 '25confirmed±19.0%▼−18.11%×0.95

Nov 6 '25Nov 6 '25confirmed±16.7%▲+6.90%×0.41

Q1 FY26Feb 26 '26confirmed±12.0%▼−7.17%×0.60

May 7 '26May 7 '26confirmed±12.4%▲+86.00%×6.92

Q2 FY26Jun 17 '26confirmed±5.1%▼−6.85%×1.35

Aug 6 '26Aug 6 '26confirmed±15.6%▼−4.81%×0.31

quarterimplied−90%0+90%realized×

Aug '26±15.6%▼−4.81%×0.31

Q2 FY26±5.1%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 9 expiries · Nov 4 close

0.59OI · 9 expiries · Nov 4 closeP/C open interest · Nov 6 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

2,270+16%Nov 61d3,857+36%

346+11%Nov 138d0.162,219+9%0.16

7,445+4%Nov 2015d0.5513,505+12%0.55

672+33500%Nov 2722d0.312,195+27338%0.31

202+49%Dec 429d2.6277+250%2.62

4 later expiries

0—Dec 1136d—0——

1,659+27550%Dec 1843d1.06

ExpiryPutsCallsP/C

Nov 61d2,270+16%3,857+36%0.59

Nov 138d346+11%2,219+9%0.16

Nov 2015d7,445+4%13,505+12%0.55

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±15.4%

Funds 3

IWM±0.0%

UWM±0.0%

VTI±0.0%

Dashed = straddleMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

15.64%as filednet margin · revenue +2.27% QoQ · +57.80% YoY

Revenue

$92M+2.27% QoQ

Gross profit

$92M+2.27% QoQ

100.00% margin

Operating income

$16M−6.15% QoQ

17.21% margin

Pre-tax income

$18M+1.23% QoQ

Net income

$14M−3.26% QoQ

15.64% margin

Operating expenses

$76M+4.22% QoQ

Other operating $50M

SG&A $27M

Tax

$3M+28.60% QoQ

Other income

$2M+283.48% QoQ

Revenue$92M+2.27%

Gross profit

$92M+2.27%

100.00% margin

Operating income

$16M−6.15%

17.21% margin

Pre-tax income

$18M+1.23%

Net income

$14M−3.26%

15.64% margin

Cost of revenue

Operating expenses

$76M+4.22%

Other operating $50M

SG&A $27M

Other income$2M+283.48%

Tax$3M+28.60%

flow · deduction · inflow · signed % = QoQSource: SEC filings · standardized · QE Jun 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 3 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 05:15 ET

Intraday

Event sensitivity

NFP ×2.89· ±12.6% vs ±4.4% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±12.6%5 of 10×2.89

CPROFcorporate profits±5.0%4 of 12×1.15

GDPgross domestic product±5.0%9 of 19×1.13

PCEpersonal income & outlays±4.5%10 of 19×1.03

PPIproducer prices±4.4%4 of 10×1.00

FOMCrate decision±3.9%13 of 24×0.90

CPIconsumer prices±2.3%5 of 10×0.54

Bar = avg |move| to ±13% · tick = ±4.4% avg day · ×base = |move| ÷ ±4.4% · min 6 releases

Earnings history

EPS 0.41 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Jun 17 '26 · confirmed	0.41	—
Q1 FY26	Feb 26 '26 · confirmed	0.42	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod