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InnovAge Holdings, Inc. INNV External provider costs

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Segments

By segment

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PACE$113.25M+5.0%
All other$0

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:ExternalProviderCosts.

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 external provider costs?
InnovAge Holdings, Inc. (INNV) reported external provider costs of $113.25M in Q1 2026.
How has InnovAge Holdings, Inc.'s external provider costs changed year-over-year?
InnovAge Holdings, Inc.'s external provider costs increased by 5.0% year-over-year, from $107.9M to $113.25M.
What is the long-term trend for InnovAge Holdings, Inc.'s external provider costs?
Over 4 years (2021 to 2025), InnovAge Holdings, Inc.'s external provider costs has grown at a 8.7% compound annual growth rate (CAGR), from $309.32M to $431.15M.
What does external provider costs mean?
This metric represents the total expenditures paid to third-party healthcare providers for medical services rendered to patients outside of the company's internal network. It reflects the company's reliance on external specialists and facilities to fulfill its capitated care obligations. Monitoring this cost is essential for evaluating the effectiveness of the company's internal care management and network utilization strategies.