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Other financials

Income statement

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Revenue$251.9M+15.5%
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$1.49B+227%
Enterprise value$1.49B+202%
P/S1.6×+1.0×

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:OperatingIncomeLoss.

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
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025Nine Months Ended March 31, 2026Nine Months Ended March 31, 2025
Depreciation and amortization4,8245,38614,78616,116
Impairments and loss on assets held for sale1048,495
Total expenses281,022228,300735,284659,893
Operating Loss(29,079)(10,158)(7,528)(27,611)
Other Income (Expense)
Interest expense, net(988)(1,160)(3,486)(3,719)
Other income, net2942571,6131,489
Gain on equity method investment16

Item 1. Financial Statements (Unaudited)

FAQ

What is InnovAge Holdings, Inc.'s operating income?
InnovAge Holdings, Inc. (INNV) reported operating income of -$29.08M in Q1 2026.
How has InnovAge Holdings, Inc.'s operating income changed year-over-year?
InnovAge Holdings, Inc.'s operating income decreased by 186.3% year-over-year, from -$10.16M to -$29.08M.
What is the long-term trend for InnovAge Holdings, Inc.'s operating income?
Over 3 years (2022 to 2025), InnovAge Holdings, Inc.'s operating income has grown at a 89.0% compound annual growth rate (CAGR), from -$4.41M to -$29.76M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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