An inkjet ink composition comprising a polyurethane-based binder dispersion is described. The polyurethane-based binder dispersion comprises: a polyurethane, which comprises: (A) a polyisocyanate; (B) a first polyol having a chain with two hydroxyl functional groups at one end of the chain and no hydroxyl groups at an opposed end of the chain; (C) a second polyol having a chain with two hydroxyl functional groups at both ends of the chain; (D) a carboxylic acid functional group with two hydroxyl functional groups; and (E) a compound shown in formula (1): m(M+)n(X)—R—Y— (1), wherein m is 0 or 1, M is a metal, n is 2 to 10, X is an amino group, R is a C1 to C18 alkyl group, a C6 to C30 aromatic compound or a C4 to C20 aliphatic cyclic compound, and Y is SO3- or SO3H, with the proviso that when m is 0, Y is SO3H and when m is 1, Y is SO3-.