Mine certainly is... as long as the pan is flat and large enough for the induction top to recognize it. My induction cooktop will warp a cast iron pan if I'm not careful. I've never had to be careful like that with gas hobs.

Does your induction stove also work if water/muck gets on it?

I have only used one at a holiday house, and I swear it was the most temperamental thing in the world. A few drops of water or oil and it refuses to work.

Could just be that I am using an early model (this one was bought 10+ years ago, it has a touchpad for controls instead of knobs which also blows)