InnovAge Holding Corp.

InnovAge Holding Corp.

INNV
InnovAge Holding Corp.US flagNASDAQ Global Select
7.08
USD
-0.14
- -
961.01MMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.12
4.19
5.16
5.16
5.07
5.62
- -
7
Basic EPS, GAAP
0.13
0.19
-0.36
-0.05
-0.3
-0.16
- -
-0.09
Free Cash Flow per Basic Share
0.08
0.24
-0.22
-0.08
-0.02
-0.33
- -
0.31
Dividend per Share
0.45
- -
0.08
- -
- -
- -
- -
- -
Book Value per Share
0.26
0.48
0.09
0.04
-0.26
-0.5
- -
-0.82
Tangible Book Value per Share
-0.28
-0.1
1.84
1.65
1.37
1.14
- -
0.84
Basic Weighted Avg Shares
149
135
124
136
136
136
- -
136
Sales/Revenue/Turnover
466
567
638
699
688
764
854
949
Operating Margin (%)
8.52
9.1
-1.72
-0.63
-7.18
-3.03
-1.89
-0.47
Depreciation Expense
9
11
12
14
15
19
20
18
Net Income, GAAP
20
26
-44
-7
-41
-21
-30
-12
Effective Tax Rate (%)
24.88
27.69
- -
- -
- -
- -
- -
8.35
Profit Margin (%)
4.2
4.63
-6.9
-0.93
-5.91
-2.79
-3.55
-1.22
Working Capital
36
90
172
136
67
35
11
7
LT Debt
191
215
77
78
97
100
89
82
Total Equity
81
108
358
354
315
300
263
259
Return on Invested Capital (%)
- -
12.58
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
14.09
- -
- -
- -
- -
- -
21.39
Return on Common Equity (%)
- -
50.8
-116.26
-83.26
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
13
12
12
LT Borrowings
56
56
55
LT Finance Leases
29
27
26
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
136
136
136
Market Capitalization
698
703
1,087

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
162
182
203
Cash, Cash Equivalents & STI
109
126
139
Accounts Receivable, Net
23
21
29
Inventories
- -
- -
- -
Total Current Liabilities
138
145
196
Payables & Accruals
67
70
122
ST Debt
13
12
12
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
40.59%
-12.31%
Free Cash Flow
- -
172.4%
-159.37%
Net Income, GAAP
- -
33.14%
42.06%
Sales/Revenue/Turnover
- -
8.65%
11.76%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
182
189
193
199
764
2025
205
209
218
221
854
2026
236
240
252
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.08
-0.03
-0.04
- -
-0.16
2025
-0.04
-0.1
-0.08
-0.01
- -
2026
0.06
0.08
-0.22
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Patrick Blair
Full Time Employees
2,350
Sector
Healthcare
Industry
Medical - Care Facilities
Address
8950 East Lowry Boulevard Denver CO United States of America 80230
IPO Date
Mar 4, 2021
Business
InnovAge Holding Corp. (INNV) operates as a healthcare delivery platform that manages and provides comprehensive medical, ancillary, and social services to frail, dual-eligible seniors through the Program of All-Inclusive Care for the Elderly (PACE); core offerings include in-home skilled, unskilled, and personal care services; in-center primary care, physical therapy, occupational therapy, speech therapy, dental care, mental health and psychiatric services, meals, and activities; transportation to PACE centers and third-party medical appointments; and individualized care management to support independent living and reduce hospitalizations. The company serves high-cost seniors primarily in the United States, operating PACE centers across Colorado, California, New Mexico, Pennsylvania, Florida, and Virginia, with a focus on capitated care for Medicare and Medicaid dual eligibles to improve outcomes while minimizing reliance on high-cost settings like hospitals and nursing homes. Founded in 2007 and headquartered in Denver, Colorado, InnovAge, formerly known as TCO Group Holdings, Inc. until its name change in January 2021, recently formed a joint venture in August 2025 with Tampa General Hospital for its Tampa, Florida PACE center to expand access in Hillsborough, Pasco, and Hernando counties; additionally, it increased its share repurchase program in September 2024 and reported fiscal first quarter 2026 results in November 2025 reflecting revenue growth amid ongoing center expansions.

Company News

APIChat
  • InnovAge Appoints Jennifer Browne as President and Chief Operating Officer

  • InnovAge Holding Corp. (INNV) Q3 2026 Earnings Call Transcript

  • InnovAge Holding Corp. (INNV) Reports Q3 Loss, Beats Revenue Estimates

  • InnovAge Announces Financial Results for the Fiscal Third Quarter Ended March 31, 2026

  • Can Strong Growth Aid INNV's Q3 Earnings Amid Margin Seasonality?

  • InnovAge to Announce Fiscal Third Quarter 2026 Financial Results and Host Conference Call Tuesday, May 5, 2026

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  • All You Need to Know About InnovAge (INNV) Rating Upgrade to Strong Buy

  • InnovAge (INNV) Could Find a Support Soon, Here's Why You Should Buy the Stock Now

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  • Earnings Estimates Moving Higher for InnovAge (INNV): Time to Buy?

  • InnovAge (NASDAQ:INNV) Stock Price Up 8.5% Following Analyst Upgrade

  • InnovAge: The Headwinds Are Priced In, The Growth May Not Be

  • Aclarion (NASDAQ:ACON) & InnovAge (NASDAQ:INNV) Head-To-Head Comparison

  • InnovAge (INNV) Upgraded to Strong Buy: What Does It Mean for the Stock?

  • Proven Senior Care Model Takes Center Stage at the Capitol

  • InnovAge Holding Corp. (INNV) Q2 2026 Earnings Call Transcript

  • InnovAge Holding Corp. (INNV) Q2 Earnings and Revenues Surpass Estimates