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InnovAge Holdings, Inc. INNV All other — Gross Profit

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$61.02M+50.2%

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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$1.52B+248%
Enterprise value$1.52B+220%
P/S1.6×+1.1×

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 us-gaap:GrossProfit.

The source filing: InnovAge Holdings, Inc.’s 10-Q, filed May 8, 2026.

Filed
May 7, 2026, 8:00 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0001834376-26-000022
(In thousands)Three months ended March 31, 2026 / PACEThree months ended March 31, 2026 / All other(a)Three months ended March 31, 2026 / TotalsThree months ended March 31, 2025 / PACEThree months ended March 31, 2025 / All other(a)Three months ended March 31, 2025 / Totals
Total revenues251,943251,943217,898244218,142
External provider costs113,247113,247107,896107,896
Cost of care, excluding depreciation and amortization77,67677,67669,37212769,499
Center-Level Contribution Margin61,02061,02040,63011740,747
Sales and marketing8,7446,922
Corporate, general and administrative76,53138,597
Depreciation and amortization4,8245,386
Operating loss(29,079)(10,158)

Item 1. Financial Statements (Unaudited)

FAQ

What is InnovAge Holdings, Inc.'s all other — gross profit?
InnovAge Holdings, Inc. (INNV) reported all other — gross profit of $0 in Q1 2026.
How has InnovAge Holdings, Inc.'s all other — gross profit changed year-over-year?
InnovAge Holdings, Inc.'s all other — gross profit decreased by 100.0% year-over-year, from $117K to $0.
What is the long-term trend for InnovAge Holdings, Inc.'s all other — gross profit?
Over 2 years (2023 to 2025), InnovAge Holdings, Inc.'s all other — gross profit has grown at a 11.1% compound annual growth rate (CAGR), from $341K to $421K.
What does all other — gross profit mean?
This represents the profitability of the 'All other' segment after deducting the direct costs of care from the segment's total revenue. It serves as a key indicator of the segment's core operational efficiency and its ability to generate value before accounting for overhead expenses.

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