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InnovAge Holdings, Inc. INNV Due to Medicaid and Medicare

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Other financials

Income statement

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Revenue$251.9M+15.5%
Operating income-$29.1M-186%
Net income-$29.5M-159%
EPS (diluted)-$0.22-175%

Balance sheet

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Cash & equivalents$95.5M+58.0%
Total debt$93.8M-11.0%
Total equity$229.0M-3.8%
Total assets$547.4M+2.0%

Cash flow

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Operating cash flow$18.1M-26.3%
CapEx$3.6M+24.3%
Free cash flow$14.5M-33.1%

Valuation

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Market cap$1.31B+150%
Enterprise value$1.31B+130%
P/S1.4×+0.7×

Profitability

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Operating margin-1%-0.4pp
Net margin-1.2%-0.5pp
FCF margin4.5%+2.6pp

Returns & leverage

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Return on equity-5%-1.8pp
Debt / equity0.4×0.0×
Current ratio+0.3×

Where this comes from

Reported directly by InnovAge Holdings, Inc. in its filing.

Tagged under the XBRL concept innv:DueToStateAndFederalHealthPrograms.

The official record: InnovAge Holdings, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is InnovAge Holdings, Inc.'s due to medicaid and medicare?
InnovAge Holdings, Inc. (INNV) reported due to medicaid and medicare of $16.32M in Q1 2026.
How has InnovAge Holdings, Inc.'s due to medicaid and medicare changed year-over-year?
InnovAge Holdings, Inc.'s due to medicaid and medicare decreased by 5.8% year-over-year, from $17.32M to $16.32M.
What is the long-term trend for InnovAge Holdings, Inc.'s due to medicaid and medicare?
Over 4 years (2021 to 2025), InnovAge Holdings, Inc.'s due to medicaid and medicare has grown at a 19.3% compound annual growth rate (CAGR), from $7.1M to $14.38M.
What does due to medicaid and medicare mean?
This represents outstanding financial obligations owed to government healthcare programs, such as Medicare and Medicaid, typically resulting from overpayments, reconciliation adjustments, or contractual settlements. It reflects the company's short-term liability exposure to regulatory bodies and government payers. Tracking this balance is essential for understanding potential cash flow impacts and the stability of the company's relationship with government reimbursement systems.