For the twelve months ended Sep 30, 2026, InnovAge Holding Corp. reported $1.02B of revenue and $9.00M of net income.
INNV revenue was $264.76M in fiscal Q1 2027 (ended Sep 30, 2026), up 12.1% from a year earlier and up 1.1% from the prior quarter. For the full fiscal 2026 it was $989.71M, up 15.9% from fiscal 2025. Compound annual growth was +9.2% over 5 years. It rose in 5 of the last 6 fiscal years. Fiscal 2026 is the highest of the 7 fiscal years on file.
INNV net income was $19.55M in fiscal Q1 2027 (ended Sep 30, 2026), up 143.8% from a year earlier and up 135.9% from the prior quarter. For the full fiscal 2026 it was -$2.54M, compared with -$30.31M in fiscal 2025.
INNV diluted EPS was $0.14 in fiscal Q1 2027 (ended Sep 30, 2026), up 133.3% from a year earlier and up 133.3% from the prior quarter. For the full fiscal 2026 it was -$0.02, compared with -$0.22 in fiscal 2025.
INNV free cash flow was $25.75M in fiscal Q1 2027 (ended Sep 30, 2026), compared with -$153.0K a year earlier and up 51.3% from the prior quarter. For the full fiscal 2026 it was $50.41M, up 89.5% from fiscal 2025. Fiscal 2026 is the highest of the 7 fiscal years on file.
| Line item | Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 |
|---|---|---|---|---|---|---|---|
| Revenue | $989.71M | $853.70M | $763.86M | $688.09M | $698.64M | $637.80M | $567.19M |
| Gross profit | $227.76M | $153.64M | $132.06M | $101.29M | $135.37M | - | - |
| Selling, general and admin | $166.49M | $122.06M | $111.34M | $115.64M | $101.65M | $132.33M | $58.48M |
| Operating income | $2.62M | -$29.76M | -$23.18M | -$49.40M | -$4.41M | -$12.34M | $50.93M |
| Interest expense | - | - | - | - | $2.53M | $16.79M | $14.62M |
| Income tax | $949.0K | $1.32M | $1.40M | -$7.24M | $723.0K | $9.77M | $9.87M |
| Net income | -$2.54M | -$30.31M | -$21.34M | -$40.67M | -$6.52M | -$43.99M | $26.28M |
| EPS, basic | -$0.02 | -$0.22 | -$0.16 | -$0.30 | -$0.05 | -$0.36 | $0.20 |
| EPS, diluted | -$0.02 | -$0.22 | -$0.16 | -$0.30 | -$0.05 | -$0.36 | $0.19 |
| Diluted shares | 135.7M | 135.4M | 135.9M | 135.6M | 135.5M | 123.6M | 135.2M |
| Line item | Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | $97.89M | $64.14M | $56.96M | $127.27M | $184.45M | $203.70M | $114.56M |
| Short-term investments | $43.44M | $41.77M | $45.83M | $46.21M | $0 | - | - |
| Receivables | $42.39M | $36.37M | $48.11M | $24.34M | $35.91M | $32.58M | $46.31M |
| Current assets | $214.31M | $176.11M | $173.14M | $215.23M | $240.96M | $250.93M | $166.93M |
| Goodwill | $142.05M | $142.05M | $139.95M | $124.22M | $124.22M | $124.22M | $116.14M |
| Total assets | $557.39M | $526.85M | $547.66M | $567.36M | $555.60M | $531.75M | $409.63M |
| Current liabilities | $203.89M | $164.81M | $138.60M | $148.45M | $105.31M | $78.56M | $76.63M |
| Short-term debt | $2.54M | $2.25M | $3.79M | $3.79M | $3.79M | $3.79M | $1.94M |
| Long-term debt | $45.52M | $57.46M | $61.48M | $64.84M | $68.21M | $71.57M | $210.43M |
| Total debt | $48.06M | $59.71M | $65.27M | $68.64M | $72.00M | $75.36M | $212.37M |
| Total liabilities | $288.62M | $263.94M | $247.85M | $252.56M | $201.85M | $173.79M | $301.88M |
| Shareholders' equity | $235.60M | $237.90M | $277.61M | $302.09M | $338.47M | $340.98M | $107.75M |
| Line item | Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | $64.71M | $32.87M | -$36.90M | $20.24M | $27.30M | -$7.55M | $43.83M |
| Capital expenditures | $14.31M | $6.26M | $7.91M | $23.35M | $38.24M | $17.54M | $11.84M |
| Free cash flow | $50.41M | $26.60M | -$44.81M | -$3.12M | -$10.94M | -$25.09M | $31.98M |
| Investing cash flow | -$12.34M | -$5.55M | -$26.37M | -$69.52M | -$40.24M | -$19.54M | -$11.69M |
| Financing cash flow | -$18.53M | -$19.08M | -$7.03M | -$7.90M | -$6.32M | $116.22M | $21.23M |
| Dividends paid | - | - | - | - | - | $9.50M | - |
| Share repurchases | - | - | - | - | - | $77.60M | - |
| Stock-based compensation | $7.05M | $7.62M | $6.83M | $4.61M | $3.74M | $1.66M | $543.0K |
| Depreciation and amortization | $21.14M | $19.51M | $18.95M | $15.42M | $13.92M | $12.29M | $11.29M |
| Line item | Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 |
|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 15.9% | 11.8% | 11.0% | -1.5% | 9.5% | 12.4% | - |
| Gross margin | 23.0% | 18.0% | 17.3% | 14.7% | 19.4% | - | - |
| Operating margin | 0.3% | -3.5% | -3.0% | -7.2% | -0.6% | -1.9% | 9.0% |
| Net margin | -0.3% | -3.6% | -2.8% | -5.9% | -0.9% | -6.9% | 4.6% |
| Free cash flow margin | 5.1% | 3.1% | -5.9% | -0.5% | -1.6% | -3.9% | 5.6% |
| Return on equity | -1.1% | -12.7% | -7.7% | -13.5% | -1.9% | -12.9% | 24.4% |
| Return on assets | -0.5% | -5.8% | -3.9% | -7.2% | -1.2% | -8.3% | 6.4% |
| Current ratio | 1.05 | 1.07 | 1.25 | 1.45 | 2.29 | 3.19 | 2.18 |
| Debt to equity | 0.20 | 0.25 | 0.24 | 0.23 | 0.21 | 0.22 | 1.97 |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $264.76M | $261.95M | $251.94M | $239.71M | $236.10M | $221.42M | $218.14M | $209.00M | $205.14M | $199.40M | $193.07M | $188.90M |
| Gross profit | $63.59M | $62.56M | $61.02M | $52.83M | $51.36M | $41.29M | $40.75M | $37.06M | $34.54M | $36.58M | $34.00M | $33.61M |
| Selling, general and admin | $29.15M | $33.08M | $76.53M | $26.61M | $30.27M | $27.82M | $38.60M | $28.10M | $27.54M | $29.59M | $27.55M | $25.25M |
| Operating income | $20.15M | $10.15M | -$29.08M | $13.26M | $8.29M | -$2.15M | -$10.16M | -$12.56M | -$4.90M | -$4.88M | -$5.79M | -$1.78M |
| Interest expense | - | - | - | - | - | - | - | - | - | - | $1.02M | $935.0K |
| Income tax | -$841.0K | -$116.0K | $167.0K | $651.0K | $247.0K | $807.0K | $72.0K | $34.0K | $404.0K | $1.31M | -$224.0K | $93.0K |
| Net income | $19.55M | $8.29M | -$29.46M | $10.62M | $8.02M | -$785.0K | -$11.38M | -$13.22M | -$4.93M | -$1.70M | -$5.89M | -$3.45M |
| EPS, basic | $0.14 | $0.06 | -$0.22 | $0.08 | $0.06 | $0.00 | -$0.08 | -$0.10 | -$0.04 | -$0.01 | -$0.04 | -$0.03 |
| EPS, diluted | $0.14 | $0.06 | -$0.22 | $0.08 | $0.06 | $0.00 | -$0.08 | -$0.10 | -$0.04 | -$0.01 | -$0.04 | -$0.03 |
| Diluted shares | 137.1M | - | 135.7M | 136.4M | 136.8M | - | 135.2M | 135.4M | 135.8M | - | 135.9M | 135.9M |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $119.25M | $97.89M | $95.54M | $83.20M | $67.16M | $64.14M | $60.47M | $46.09M | $39.03M | $56.96M | $54.11M | $54.10M |
| Short-term investments | $43.74M | $43.44M | $43.05M | $42.76M | $42.27M | $41.77M | $41.28M | $40.77M | $46.66M | $45.83M | $45.23M | $44.69M |
| Receivables | $25.50M | $42.39M | $28.58M | $21.30M | $23.17M | $36.37M | $44.40M | $49.76M | $46.73M | $48.11M | $36.46M | $43.46M |
| Current assets | $223.78M | $214.31M | $202.61M | $181.85M | $161.70M | $176.11M | $176.18M | $167.95M | $158.55M | $173.14M | $153.07M | $156.96M |
| Goodwill | $142.05M | $142.05M | $142.05M | $142.05M | $142.05M | $142.05M | $142.05M | $139.95M | $139.95M | $139.95M | $140.08M | $141.56M |
| Total assets | $562.96M | $557.39M | $547.39M | $527.48M | $510.23M | $526.85M | $536.65M | $524.78M | $527.72M | $547.66M | $527.36M | $534.26M |
| Current liabilities | $192.48M | $203.89M | $195.89M | $144.70M | $138.49M | $164.81M | $225.32M | $144.97M | $131.35M | $138.60M | $121.97M | $123.13M |
| Short-term debt | $2.54M | $2.54M | $2.54M | $2.54M | $3.00M | $2.25M | $60.98M | $3.79M | $3.79M | $3.79M | $3.79M | $3.79M |
| Long-term debt | $44.98M | $45.52M | $55.43M | $55.99M | $56.15M | $57.46M | $1.76M | $59.80M | $60.64M | $61.48M | $62.32M | $63.16M |
| Total debt | $47.51M | $48.06M | $57.97M | $58.53M | $59.16M | $59.71M | $62.75M | $63.59M | $64.43M | $65.27M | $66.12M | $66.96M |
| Total liabilities | $273.75M | $288.62M | $288.50M | $238.72M | $234.47M | $263.94M | $268.94M | $246.83M | $237.01M | $247.85M | $229.03M | $231.29M |
| Shareholders' equity | $255.34M | $235.60M | $229.03M | $261.17M | $249.83M | $237.90M | $245.60M | $256.34M | $269.05M | $277.61M | $286.73M | $291.14M |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $28.74M | $21.29M | $18.14M | $21.36M | $3.92M | $9.00M | $24.63M | $6.75M | -$7.52M | $1.87M | $3.51M | -$9.29M |
| Capital expenditures | $2.99M | $4.27M | $3.60M | $2.36M | $4.08M | -$179.0K | $2.90M | $1.34M | $2.20M | $3.31M | $452.0K | $1.59M |
| Free cash flow | $25.75M | $17.02M | $14.54M | $19.00M | -$153.0K | $8.82M | $21.73M | $5.41M | -$9.72M | -$1.43M | $3.06M | -$10.88M |
| Investing cash flow | -$3.42M | -$4.82M | -$3.80M | -$2.90M | -$814.0K | $976.0K | -$8.14M | $4.40M | -$2.79M | $934.0K | -$1.05M | -$23.11M |
| Financing cash flow | -$3.96M | -$14.11M | -$2.01M | -$2.40M | -$11.0K | -$5.25M | -$2.12M | -$4.09M | -$7.62M | $44.0K | -$2.44M | -$1.91M |
| Stock-based compensation | $1.74M | $1.73M | $1.79M | $1.22M | $2.31M | $1.55M | $2.03M | $1.87M | $2.16M | $1.69M | $1.55M | $1.77M |
| Depreciation and amortization | $5.66M | $6.36M | $4.82M | $4.88M | $5.08M | $3.39M | $5.39M | $5.32M | $5.41M | $5.33M | $5.06M | $4.29M |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 12.1% | 18.3% | 15.5% | 14.7% | 15.1% | 11.0% | 13.0% | 10.6% | 12.4% | 12.7% | 11.9% | 12.8% |
| Net income growth, YoY | 143.8% | - | - | - | - | - | - | - | - | - | - | - |
| EPS growth, YoY | 133.3% | - | - | - | - | - | - | - | - | - | - | - |
| Gross margin | 24.0% | 23.9% | 24.2% | 22.0% | 21.8% | 18.6% | 18.7% | 17.7% | 16.8% | 18.3% | 17.6% | 17.8% |
| Operating margin | 7.6% | 3.9% | -11.5% | 5.5% | 3.5% | -1.0% | -4.7% | -6.0% | -2.4% | -2.4% | -3.0% | -0.9% |
| Net margin | 7.4% | 3.2% | -11.7% | 4.4% | 3.4% | -0.4% | -5.2% | -6.3% | -2.4% | -0.9% | -3.0% | -1.8% |
| Free cash flow margin | 9.7% | 6.5% | 5.8% | 7.9% | -0.1% | 4.0% | 10.0% | 2.6% | -4.7% | -0.7% | 1.6% | -5.8% |
| Current ratio | 1.16 | 1.05 | 1.03 | 1.26 | 1.17 | 1.07 | 0.78 | 1.16 | 1.21 | 1.25 | 1.25 | 1.27 |
| Debt to equity | 0.19 | 0.20 | 0.25 | 0.22 | 0.24 | 0.25 | 0.26 | 0.25 | 0.24 | 0.24 | 0.23 | 0.23 |
Source: XBRL data InnovAge Holding Corp. files with the SEC, latest filing dated Nov 3, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| INNV | $1.02B | +15.1% | $9.00M | 0.9% | $1.28B |
| BTSG | $15.25B | +26.0% | $410.27M | 2.7% | $14.42B |
| CHE | $2.66B | +5.2% | $282.40M | 10.6% | $7.09B |
| LFST | $1.68B | +22.6% | $71.91M | 4.3% | $5.54B |
| OPCH | $5.75B | +4.0% | $215.19M | 3.7% | $4.74B |
| HIMS | $2.87B | +29.8% | -$190.84M | -6.7% | $4.46B |
| PRVA | $2.43B | +19.2% | $36.08M | 1.5% | $3.11B |
| AVAH | $2.60B | +19.5% | $274.76M | 10.6% | $2.88B |
| ADUS | $1.50B | +11.5% | $111.05M | 7.4% | $2.35B |