What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

InnovAge Holdings, Inc. INNV Gross Profit

Gross Profit at other companies

UnitedHealth GroupUNH

$98.9B+1.8%

Astrana HealthASTH

$105.74M+48.2%

Aveanna Healthcare Holdings Inc.AVAH

$205.43M+11.9%

CenteneCNC

$49.24B+7.2%

PACS GroupPACS

$345.96M+36.5%

Segments

By segment

See full

PACE$61.02M+50.2%

All other$0-100%

Other financials

Income statement

See full

Revenue$251.9M+15.5%

Operating income-$29.1M-186%

Net income-$29.5M-159%

EPS (diluted)-$0.22-175%

Balance sheet

See full

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

See full

Operating cash flow$18.1M-26.3%

CapEx$3.6M+24.3%

Free cash flow$14.5M-33.1%

Valuation

See full

Market cap$1.31B+167%

Enterprise value$1.31B+146%

P/S1.4×+0.8×

Profitability

See full

Operating margin-1%-0.4pp

Net margin-1.2%-0.5pp

FCF margin4.5%+2.6pp

Returns & leverage

See full

Return on equity-5%-1.8pp

Debt / equity0.4×0.0×

Current ratio1×+0.3×

Questions, answered.

What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.