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Innodata vs RCM Technologies

RCM Technologies is the larger business, with $319m of revenue in fiscal 2025 against $252m for Innodata (1.3 times as much). Innodata grew faster (47.6% against 14.7%). Innodata kept more of each dollar of sales as profit: a net margin of 12.8% against 5.1%.

Latest fiscal yearInnodataINOD, 2025RCM TechnologiesRCMT, 2025
Revenue $252m $319m
Revenue growth 47.6% 14.7%
Net income $32.2m $16.3m
Operating margin 15.8% —
Net margin 12.8% 5.1%
Return on equity 37.7% 41.1%
Free cash flow $35.6m $17.4m
Cash $82.2m $2.9m
Total debt $0 $24.7m
Debt to equity 0.0% —
Dividend per share — —
Dividend yield — —
Share buybacks — $7.4m
Employees 10,107 —
Market value $1.43bn $248m
Price vs our value range Below our value range Above our value range
Moat score 10 (Weak) 46 (Moderate)
Insider trades, 12 months 0 buys, 82 sales 0 buys, 31 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.