AAPL
Apple Inc.
AAPL has lower modeled downside risk, despite its lower overall score.
INOD
Innodata Inc.
INOD has a slight edge over AAPL overall, supported by stronger valuation and stronger modeled upside.
AAPL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
AAPL's revenue, profitability, cash flow and balance sheet are all currently healthy.
INOD Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| Strong | |
| Strong |
INOD's revenue, profitability, cash flow and balance sheet are all currently healthy.
AAPL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 26x | $230 | -35% |
| Fair | 31x | $279 | -21% |
| Expensive | 37x | $328 | -7.5% |
| Forward | 38x | $355 | — |
| Current | 40x | $355 | — |
Historical ranges are pointers, not guarantees.
AAPL's PE is in its expensive range at 40x. If earnings grow as analysts expect, today's price would be 38x next year's earnings.
INOD PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 26x | $36.29 | — |
| Forward | 39x | $36.29 | — |
| Cheap | 45x | $61.56 | +70% |
| Fair | 66x | $90.96 | +151% |
| Expensive | 171x | $236 | +551% |
Historical ranges are pointers, not guarantees.
INOD has the edge over AAPL in the historical PE scenario, which offers more potential upside but is not a forecast.
AAPL Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Weakening | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for AAPL, but weaker profitability.
INOD Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Strong growth | |
| Strong growth | |
| Improving | |
| Limited | |
| Low |
Analysts expect strong earnings and revenue growth for INOD, with profitability improving. However, they disagree widely on these estimates.
AAPL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.28 | +3.3% |
| Q3 2026 | $8.98 | +20% |
| Q2 2026 | $8.71 | +32% |
| Q1 2026 | $8.26 | +29% |
| Q4 2025 | $7.90 | +25% |
| Q3 2025 | $7.46 | +23% |
| Q2 2025 | $6.59 | +0.2% |
| Q1 2025 | $6.42 | -0.3% |
| Q4 2024 | $6.30 | -2% |
AAPL earned $8.98 per share over the past year, up 20% from the year before.
INOD Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.94 | -32% |
| Q3 2026 | $1.38 | +37% |
| Q2 2026 | $1.33 | +3.9% |
| Q1 2026 | $1.12 | +3.7% |
| Q4 2025 | $0.92 | +3.4% |
| Q3 2025 | $1.01 | +66% |
| Q2 2025 | $1.28 | +1064% |
| Q1 2025 | $1.08 | +1250% |
| Q4 2024 | $0.89 | +$0.92 |
INOD has the edge over AAPL on earnings, with more consistent year-over-year improvement.
AAPL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $114.5B | +12% |
| Q2 2026 | $109.4B | +16% |
| Q1 2026 | $111.2B | +17% |
| Q4 2025 | $143.8B | +16% |
| Q3 2025 | $102.5B | +7.9% |
| Q2 2025 | $94B | +9.6% |
| Q1 2025 | $95.4B | +5.1% |
| Q4 2024 | $124.3B | +4% |
AAPL's revenue has grown year over year for 10 quarters in a row: $114B last quarter, up 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 31% | -0.5 points |
| Q2 2026 | 33% | +2.6 points |
| Q1 2026 | 32% | +1.3 points |
| Q4 2025 | 35% | +0.9 points |
| Q3 2025 | 32% | +0.5 points |
| Q2 2025 | 30% | +0.4 points |
| Q1 2025 | 31% | +0.3 points |
| Q4 2024 | 34% | +0.7 points |
AAPL has the edge over INOD on profitability, with a higher operating margin.
INOD Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $95.6M | +53% |
| Q2 2026 | $92.1M | +58% |
| Q1 2026 | $90.1M | +54% |
| Q4 2025 | $72.4M | +22% |
| Q3 2025 | $62.6M | +20% |
| Q2 2025 | $58.4M | +79% |
| Q1 2025 | $58.3M | +120% |
| Q4 2024 | $59.2M | +127% |
INOD has the edge over AAPL on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 10% | -8.4 points |
| Q2 2026 | 19% | +3.8 points |
| Q1 2026 | 19% | +5.1 points |
| Q4 2025 | 15% | -4.1 points |
| Q3 2025 | 19% | -3.1 points |
| Q2 2025 | 15% | +14 points |
| Q1 2025 | 14% | +8.8 points |
| Q4 2024 | 19% | +12 points |
INOD's operating margin was 10% last quarter, down 8.4 points from the same quarter a year ago.
AAPL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $25.9B | -2.4% |
| Q2 2026 | $31.9B | +31% |
| Q1 2026 | $26.7B | +28% |
| Q4 2025 | $51.6B | +91% |
| Q3 2025 | $26.5B | +11% |
| Q2 2025 | $24.4B | -8.6% |
| Q1 2025 | $20.9B | +0.9% |
| Q4 2024 | $27B | -28% |
AAPL's free cash flow has been positive every quarter for seven years: $136B over the past year, up 38% from the year before.
INOD Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$86.4M | -694% |
| Q2 2026 | $124.3M | +4819% |
| Q1 2026 | $34.8M | +309% |
| Q4 2025 | $10.1M | -33% |
| Q3 2025 | $14.5M | +47% |
| Q2 2025 | $2.5M | +$5.7M |
| Q1 2025 | $8.5M | +57% |
| Q4 2024 | $15.1M | +$16.2M |
INOD has the edge over AAPL on cash flow, with more consistent year-over-year improvement.
AAPL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +5.6M shares |
| 1 year | -1.9% | -284M shares |
| 3 years | -6.9% | -1.1B shares |
| 5 years | -13% | -2.1B shares |
| Available history | -17% | -3.1B shares |
AAPL has the edge over INOD on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $24.3B |
| Q2 2026 | $25.1B |
| Q1 2026 | $12.3B |
| Q4 2025 | $24.7B |
| Q3 2025 | $20.1B |
| Q2 2025 | $21.1B |
| Q1 2025 | $25.9B |
| Q4 2024 | $23.6B |
AAPL spent $86.4B buying back its own shares over the past year, down 4.8% from the year before.
INOD Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +2.4% | +851K shares |
| 1 year | +1% | +356K shares |
| 3 years | +28% | +7.8M shares |
| 5 years | +39% | +10M shares |
| Available history | +38% | +9.8M shares |
INOD has 36M diluted shares, up 1% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2019 | $1.8M |
AAPL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.3x | Very low |
| Q2 2026 | 0.3x | Very low |
| Q1 2026 | 0.2x | Very low |
| Q4 2025 | 0.3x | Very low |
| Q3 2025 | 0.4x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.5x | Very low |
AAPL's net debt is less than a year of its operating earnings (EBITDA).
INOD Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -2.5x | Net Cash |
| Q2 2026 | -3.7x | Net Cash |
| Q1 2026 | -2.1x | Net Cash |
| Q4 2025 | -1.8x | Net Cash |
| Q3 2025 | -1.6x | Net Cash |
| Q2 2025 | -1.3x | Net Cash |
| Q1 2025 | -1.5x | Net Cash |
| Q4 2024 | -1.6x | Net Cash |
INOD has the edge over AAPL on leverage, with a lower net debt burden relative to earnings.
AAPL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 68.1 | Neutral |
| Stochastic | 85.0 | Overbought |
AAPL's weekly RSI is 68 (neutral) and its Stochastic is 85 (overbought).
INOD Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 35.9 | Neutral |
| Stochastic | 4.5 | Oversold |
INOD's weekly RSI is 36 (neutral) and its Stochastic is 4 (oversold).
AAPL PE vs Technology Sector
| Metric | AAPL | Sector median | Relative |
|---|---|---|---|
| PE | 40x | 28x | 42% above |
| PE % | 96 | 35 | 61 pts above |
AAPL is trading at 40x earnings, a 42% premium to the Technology sector's median of 28x.
INOD PE vs Technology Sector
| Metric | INOD | Sector median | Relative |
|---|---|---|---|
| PE | 26x | 28x | 5.6% below |
| PE % | 0 | 35 | 35 pts below |
INOD has the edge over AAPL on valuation relative to its sector.
AAPL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $343.1 | 3.4% above |
| 20 week MA | $329.0 | 7.9% above |
| 50 week MA | $295.6 | 20% above |
| 100 week MA | $262.4 | 35% above |
| 200 week MA | $226.3 | 57% above |
AAPL has the edge over INOD on trend strength, trading above more of its moving averages.
INOD Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $53.8 | 33% below |
| 20 week MA | $58.0 | 37% below |
| 50 week MA | $59.6 | 39% below |
| 100 week MA | $54.4 | 33% below |
| 200 week MA | $33.4 | 8.7% above |
INOD has fallen below most of its moving averages, though it's still 8.7% above its 200-week average.
AAPL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $72.5 | $132.0 | +82% |
| 2021 | $132.0 | $176.3 | +34% |
| 2022 | $176.3 | $131.9 | -25% |
| 2023 | $131.9 | $192.5 | +46% |
| 2024 | $192.5 | $255.6 | +33% |
| 2025 | $255.6 | $273.4 | +7% |
| 2026 YTD | $273.4 | $354.9 | +30% |
AAPL has the edge over INOD on returns for 2026, with the stronger performance.
INOD Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $1.16 | $5.68 | +390% |
| 2021 | $5.68 | $5.75 | +1.2% |
| 2022 | $5.75 | $3.00 | -48% |
| 2023 | $3.00 | $8.14 | +171% |
| 2024 | $8.14 | $45.4 | +457% |
| 2025 | $45.4 | $52.5 | +16% |
| 2026 YTD | $52.5 | $36.3 | -31% |
INOD's yearly returns have swung widely, from +457% in 2024 to −48% in 2022. It's down 31% so far in 2026.