InnovAge Holding Corp. financials
Source: EDGAR filings · Built 2026-06-02T03:18:16Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 20.50M | -49.45M | -7.22M | -13.46M | -26.88M | 30.15M |
| EBITDA | -10.25M | -4.23M | -33.98M | 9.52M | -43.00K | 62.22M |
| Working Capital | 11.30M | 34.54M | 66.78M | 135.65M | 172.37M | 90.30M |
| Net Debt | 37.24M | 56.80M | -17.27M | -98.04M | -116.83M | 105.05M |
| Gross Margin | 18.00% | 17.29% | 14.72% | 19.38% | — | — |
| Operating Margin | -3.49% | -3.03% | -7.18% | -0.63% | -1.93% | 8.98% |
| Net Margin | -3.55% | -2.79% | -5.91% | -0.93% | -6.90% | 4.63% |
| Return on Equity (ROE) | -12.90% | -7.92% | -13.73% | -1.96% | -13.15% | 26.01% |
| Return on Assets (ROA) | -5.75% | -3.90% | -7.17% | -1.17% | -8.27% | 6.42% |
| Current Ratio | 1.07× | 1.25× | 1.45× | 2.29× | 3.19× | 2.18× |
| Debt-to-Equity | 0.43× | 0.42× | 0.37× | 0.26× | 0.25× | 2.16× |
| Cash Conversion Ratio | -1.08× | 1.73× | -0.50× | -4.19× | 0.17× | 1.67× |
| Accruals Ratio | -0.12× | 0.03× | -0.11× | -0.06× | -0.07× | -0.04× |
| SBC % of Revenue | 0.89% | 0.89% | 0.67% | 0.54% | 0.26% | 0.10% |
| CapEx Coverage | 2.66× | -2.94× | 0.74× | 0.67× | -0.39× | 3.20× |
| Free Cash Flow Per Share | $0.15 | $-0.36 | $-0.05 | $-0.10 | $-0.22 | $0.22 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| P/FCF | 24.37× | — | — | — | — | — |
| FCF Yield | 4.10% | — | — | — | — | — |
| EV / EBITDA | — | — | — | 52.07× | — | — |
| P/S | 0.59× | 0.88× | 1.48× | 0.85× | 4.53× | — |
| P/B | 2.13× | 2.51× | 3.43× | 1.79× | 8.63× | — |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 853.70M | 763.86M | 688.09M | 698.64M | 637.80M | 567.19M |
| Gross Profit | 153.64M | 132.06M | 101.29M | 135.37M | — | — |
| Operating Income (Loss) | -29.76M | -23.18M | -49.40M | -4.41M | -12.34M | 50.93M |
| Income Tax Expense (Benefit) | 1.32M | 1.40M | -7.24M | 723.00K | 9.77M | 9.87M |
| Net Income (Loss) Attributable to Parent | -30.31M | -21.34M | -40.67M | -6.52M | -43.99M | 26.28M |
| Earnings Per Share, Basic | $-0.22 | $-0.16 | $-0.30 | $-0.05 | $-0.36 | $0.20 |
| Weighted Average Number of Shares Outstanding, Basic | 135.39M | 135.90M | 135.59M | 135.52M | 123.62M | 132.62M |
| Earnings Per Share, Diluted | $-0.22 | $-0.16 | $-0.30 | $-0.05 | $-0.36 | $0.19 |
| Weighted Average Number of Shares Outstanding, Diluted | 135.39M | 135.90M | 135.59M | 135.52M | 123.62M | 135.23M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 64.13M | 56.95M | 127.25M | 184.43M | 201.47M | 112.90M |
| Assets, Current | 176.11M | 173.14M | 215.23M | 240.96M | 250.93M | 166.93M |
| Assets | 526.85M | 547.66M | 567.36M | 555.60M | 531.75M | 409.63M |
| Long-term Debt | 60.00M | 65.99M | 69.78M | 73.58M | 77.37M | — |
| Liabilities, Current | 164.81M | 138.60M | 148.45M | 105.31M | 78.56M | 76.63M |
| Long-term Debt, Excluding Current Maturities | 57.46M | 61.48M | 64.84M | 68.21M | 71.57M | 210.43M |
| Liabilities | 263.94M | 247.85M | 252.56M | 201.85M | 173.79M | 301.88M |
| Stockholders' Equity Attributable to Parent | 234.97M | 269.26M | 296.30M | 332.36M | 334.56M | 101.02M |
| Common Stock, Shares, Outstanding | 135.44M | 136.12M | 135.64M | 135.53M | 135.52M | — |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 32.87M | -36.90M | 20.24M | 27.30M | -7.55M | 43.83M |
| Payments to Acquire Property, Plant, and Equipment | 6.26M | 7.91M | 23.35M | 38.24M | 17.54M | 11.84M |
| Net Cash Provided by (Used in) Investing Activities | -5.55M | -26.37M | -69.52M | -40.24M | -19.54M | -11.69M |
| Payments for Repurchase of Common Stock | — | — | — | — | 77.60M | — |
| Payments of Dividends | — | — | — | — | 9.50M | — |
| Net Cash Provided by (Used in) Financing Activities | -19.08M | -7.03M | -7.90M | -6.32M | 116.22M | 21.23M |
Derived Metrics
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 29.38M | 16.13M | -1.55M | 6.22M | 14.28M | -7.44M |
| EBITDA | -24.25M | 18.14M | 13.37M | 1.24M | -4.77M | -7.24M |
| Working Capital | 6.73M | 37.15M | 23.21M | 11.30M | -49.14M | 22.98M |
| Net Debt | -1.69M | 12.16M | 30.93M | 37.24M | 44.93M | 60.33M |
| Gross Margin | 24.22% | 22.04% | 21.75% | 18.65% | 18.68% | 17.73% |
| Operating Margin | -11.54% | 5.53% | 3.51% | -0.97% | -4.66% | -6.01% |
| Net Margin | -11.69% | 4.43% | 3.40% | -0.35% | -5.22% | -6.33% |
| Return on Equity (ROE) | -12.86% | 4.13% | 3.27% | -0.33% | -4.78% | -5.32% |
| Return on Assets (ROA) | -5.38% | 2.01% | 1.57% | -0.15% | -2.12% | -2.52% |
| Current Ratio | 1.03× | 1.26× | 1.17× | 1.07× | 0.78× | 1.16× |
| Debt-to-Equity | 0.41× | 0.37× | 0.40× | 0.43× | 0.44× | 0.43× |
| Cash Conversion Ratio | -1.47× | 2.38× | 0.49× | -11.47× | -2.10× | 0.06× |
| Accruals Ratio | -0.13× | -0.03× | 0.01× | -0.02× | -0.07× | -0.02× |
| SBC % of Revenue | 2.11% | 1.47% | 0.98% | 0.70% | 2.78% | 1.93% |
| CapEx Coverage | 3.09× | 2.76× | 0.72× | 3.24× | 2.49× | -0.11× |
| Free Cash Flow Per Share | $0.22 | $0.12 | $-0.01 | $0.05 | $0.11 | $-0.05 |
Valuation Metrics
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | 86.50× | — | — | — | — |
| EV / EBITDA | 127.82× | 25.60× | 280.20× | — | — | — |
| P/S | 1.15× | 0.77× | 0.79× | 0.59× | 0.48× | 0.66× |
| P/B | 4.75× | 2.74× | 2.86× | 2.13× | 1.69× | 2.14× |
Income Statement
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 251.94M | 239.71M | 236.10M | 221.42M | 218.14M | 209.00M |
| Gross Profit | 61.02M | 52.83M | 51.36M | 41.29M | 40.75M | 37.06M |
| Operating Income (Loss) | -29.08M | 13.26M | 8.29M | -2.15M | -10.16M | -12.56M |
| Income Tax Expense (Benefit) | 167.00K | 651.00K | 247.00K | 807.00K | 72.00K | 34.00K |
| Net Income (Loss) Attributable to Parent | -29.46M | 10.62M | 8.02M | -785.00K | -11.38M | -13.22M |
| Earnings Per Share, Basic | $-0.22 | $0.08 | $0.06 | $0.00 | $-0.08 | $-0.10 |
| Weighted Average Number of Shares Outstanding, Basic | 135.70M | 135.69M | 135.59M | 135.39M | 135.20M | 135.44M |
| Earnings Per Share, Diluted | $-0.22 | $0.08 | $0.06 | $0.00 | $-0.08 | $-0.10 |
| Weighted Average Number of Shares Outstanding, Diluted | 135.70M | 136.35M | 136.76M | 135.39M | 135.20M | 135.44M |
Balance Sheet
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 95.54M | 83.20M | 67.15M | 64.13M | 60.45M | 46.08M |
| Assets, Current | 202.61M | 181.85M | 161.70M | 176.11M | 176.18M | 167.95M |
| Assets | 547.39M | 527.48M | 510.23M | 526.85M | 536.65M | 524.78M |
| Long-term Debt | — | — | — | 60.00M | — | — |
| Liabilities, Current | 195.89M | 144.70M | 138.49M | 164.81M | 225.32M | 144.97M |
| Long-term Debt, Excluding Current Maturities | 55.43M | 55.99M | 56.15M | 57.46M | 1.76M | 59.80M |
| Liabilities | 288.50M | 238.72M | 234.47M | 263.94M | 268.94M | 246.83M |
| Stockholders' Equity Attributable to Parent | 229.03M | 256.79M | 244.98M | 234.97M | 237.96M | 248.46M |
| Common Stock, Shares, Outstanding | 135.71M | 135.70M | 135.68M | 135.44M | 135.08M | 135.35M |
Cash Flow Statement
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 43.42M | 25.29M | 3.92M | 9.00M | 23.86M | -763.00K |
| Payments to Acquire Property, Plant, and Equipment | 10.04M | 6.44M | 4.08M | -179.00K | 6.44M | 3.54M |
| Net Cash Provided by (Used in) Investing Activities | -7.52M | -3.72M | -814.00K | 976.00K | -6.53M | 1.61M |
| Net Cash Provided by (Used in) Financing Activities | -4.42M | -2.41M | -11.00K | -5.25M | -13.83M | -11.72M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (INNV CIK 0001834376),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.