InnovAge Holding Corp. (INNV)
Nasdaq · Services-Health Services · Services · CIK 1834376 · fiscal year ends in Jun
Closing price $9.23 on 29 Oct 2026; 52-week range $3.99 to $12.11.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $989.7M
- Revenue growth
- 15.9%
- Net income, last twelve months
- -$2.5M
- Earnings per share
- -$0.02
- Gross margin
- 23.0%
- Operating margin
- 0.3%
- Net margin
- -0.3%
- Free cash flow
- $50.4M
- Return on equity
- -1.1%
- Market value
- $1.3B
- Cash
- $97.9M
- Debt
- $48.8M
- Debt to equity
- 0.21
- Shares outstanding
- 136.0M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2026 | 30 Jun 2026 | $989.7M | $2.6M | -$2.5M | -$0.02 | $50.4M | 10-K filed 9 Sep 2026 |
| FY2025 | 30 Jun 2025 | $853.7M | -$29.8M | -$30.3M | -$0.22 | $26.6M | 10-K filed 9 Sep 2025 |
| FY2024 | 30 Jun 2024 | $763.9M | -$23.2M | -$21.3M | -$0.16 | -$44.8M | 10-K filed 10 Sep 2024 |
| FY2023 | 30 Jun 2023 | $688.1M | -$49.4M | -$40.7M | -$0.30 | -$3.1M | 10-K filed 12 Sep 2023 |
| FY2022 | 30 Jun 2022 | $698.6M | -$4.4M | -$6.5M | -$0.05 | -$10.9M | 10-K filed 13 Sep 2022 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q4 FY2026 | 30 Jun 2026 | $262.0M | $8.3M | $0.06 |
| Q3 FY2026 | 31 Mar 2026 | $251.9M | -$29.5M | -$0.22 |
| Q2 FY2026 | 31 Dec 2025 | $239.7M | $10.6M | $0.08 |
| Q1 FY2026 | 30 Sep 2025 | $236.1M | $8.0M | $0.06 |
| Q4 FY2025 | 30 Jun 2025 | $221.4M | -$785.0K | $0.00 |
| Q3 FY2025 | 31 Mar 2025 | $218.1M | -$11.4M | -$0.08 |
| Q2 FY2025 | 31 Dec 2024 | $209.0M | -$13.2M | -$0.10 |
| Q1 FY2025 | 30 Sep 2024 | $205.1M | -$4.9M | -$0.04 |
Revenue by segment
As the company reports it in the segment note of its annual report.
By business, FY2026
| Segment | Revenue | Share |
|---|---|---|
| PACE | $989.5M | 100.0% |
| Other Operating Segment | $257.0K | 0.0% |
By product, FY2026
| Segment | Revenue | Share |
|---|---|---|
| Capitation revenue | $988.4M | 99.9% |
| Other service revenue | $1.3M | 0.1% |
Company events
The newest 8-K filings of 56 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 24 Sep 2026 | 8-K | Other events | 8.01, 9.01 |
| 8 Sep 2026 | 8-K | Results | 2.02, 9.01 |
| 18 May 2026 | 8-K | Investor update | 7.01 |
| 12 May 2026 | 8-K | Leadership change, Investor update | 5.02, 7.01, 9.01 |
| 5 May 2026 | 8-K | Results | 2.02, 9.01 |
| 17 Mar 2026 | 8-K | Investor update | 7.01 |
| 3 Feb 2026 | 8-K | Results | 2.02, 9.01 |
| 29 Jan 2026 | 8-K | Leadership change, Investor update | 5.02, 7.01, 9.01 |
| 12 Jan 2026 | 8-K | Investor update | 7.01, 9.01 |
| 4 Dec 2025 | 8-K | Shareholder vote | 5.07 |
| 4 Nov 2025 | 8-K | Results | 2.02, 9.01 |
| 23 Oct 2025 | 8-K | Leadership change | 5.02 |
Every filing
The newest filings with the SEC of 120 held.
| Filed | Form | Period |
|---|---|---|
| 22 Oct 2026 | ARS | 30 Jun 2026 |
| 22 Oct 2026 | DEFA14A | – |
| 22 Oct 2026 | DEF 14A | 3 Dec 2026 |
| 24 Sep 2026 | 8-K | 22 Sep 2026 |
| 9 Sep 2026 | 10-K | 30 Jun 2026 |
| 8 Sep 2026 | 8-K | 8 Sep 2026 |
| 4 Aug 2026 | EFFECT | – |
| 31 Jul 2026 | S-3 | – |
| 17 Jul 2026 | DRS | – |
| 18 May 2026 | 8-K | 18 May 2026 |
| 12 May 2026 | 8-K | 11 May 2026 |
| 8 May 2026 | 10-Q | 31 Mar 2026 |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months.
| Traded | Insider | Type | Shares | Price | Value | Held after | Form 4 |
|---|---|---|---|---|---|---|---|
| 22 Oct 2026 | Damato Nicole, CHIEF LEGAL OFFICER | Sale under a trading plan | 3,402 | $9.51 | $32.4K | 301,495 | 26 Oct 2026 |
| 21 Oct 2026 | Welsh, Carson, Anderson & Stowe Xii, L.P., 10% owner | Sale outside a trading plan | 1,500,000 | $9.25 | $13.9M | 101,076,555 | 23 Oct 2026 |
| 21 Oct 2026 | Ignite Aggregator Lp, 10% owner | Sale outside a trading plan | 1,500,000 | $9.25 | $13.9M | 101,076,555 | 23 Oct 2026 |
| 21 Oct 2026 | Tco Group Holdings, L.P., 10% owner | Sale outside a trading plan | 1,500,000 | $9.25 | $13.9M | 101,076,555 | 23 Oct 2026 |
| 25 Sep 2026 | Damato Nicole, CHIEF LEGAL OFFICER | Sale under a trading plan | 23,814 | $8.70 | $207.2K | 304,897 | 29 Sep 2026 |
| 24 Sep 2026 | Tco Group Holdings, L.P., 10% owner | Sale outside a trading plan | 10,000,000 | $9.25 | $92.5M | 102,576,555 | 28 Sep 2026 |
| 24 Sep 2026 | Ignite Aggregator Lp, 10% owner | Sale outside a trading plan | 10,000,000 | $9.25 | $92.5M | 102,576,555 | 28 Sep 2026 |
| 24 Sep 2026 | Welsh, Carson, Anderson & Stowe Xii, L.P., 10% owner | Sale outside a trading plan | 10,000,000 | – | $0 | 102,576,555 | 28 Sep 2026 |
| 14 Nov 2025 | Scarbrough Michael Anthony, President and COO | Sale outside a trading plan | 33,000 | $4.90 | $161.7K | 119,617 | 17 Nov 2025 |
Planned insider sales
Form 144 notices, filed when the sell order goes to the broker.
| Filed | Seller | Shares | Value | Planned sale |
|---|---|---|---|---|
| 25 Sep 2026 | Nicole Damato, Affiliate | 34,021 | $292.6K | 25 Sep 2026 |
| 14 Nov 2025 | SCARBROUGH MICHAEL ANTHONY, Officer | 33,000 | $169.3K | 14 Nov 2025 |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 1.1M | -57% | 2.06 |
| 30 Sep 2026 | 2.7M | +127.32% | 2.37 |
| 15 Sep 2026 | 1.2M | +14.3% | 3.81 |
| 31 Aug 2026 | 1.0M | +18.08% | 5.48 |
| 14 Aug 2026 | 868.9K | +7.52% | 4.04 |
| 31 Jul 2026 | 808.1K | -19.23% | 2.98 |
| 15 Jul 2026 | 1.0M | -10.15% | 3.16 |
| 30 Jun 2026 | 1.1M | +45.09% | 1.8 |
Funds that hold it
From each fund's latest Form 13F.
125 funds held it at 30 Jun 2026: 70 added and 24 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| T. Rowe Price Investment Management, Inc. | 6,124,069 | $72.6M | -9,041 |
| Federated Hermes, Inc. | 1,903,713 | $22.6M | +1,899,133 |
| BlackRock, Inc. | 1,489,609 | $17.7M | +241,518 |
| Vanguard Capital Management LLC | 935,264 | $11.1M | +58,128 |
| Arrowstreet Capital, Limited Partnership | 668,742 | $7.9M | +251,204 |
| Algert Global LLC | 630,520 | $7.5M | +563,735 |
| Geode Capital Management, LLC | 602,127 | $7.1M | +28,710 |
| State Street Corp. | 461,656 | $5.5M | +30,230 |
| Dimensional Fund Advisors LP | 439,962 | $5.2M | +203,477 |
| Acadian Asset Management LLC | 390,850 | $4.6M | +207,669 |
Peers
Companies in the same industry.
- LifeStance Health Group, Inc. (LFST): revenue $1.6B, market value $5.2B
- Privia Health Group, Inc. (PRVA): revenue $2.4B, market value $2.8B
- GeneDx Holdings Corp. (WGS): revenue $454.4M, market value $2.1B
- Pennant Group, Inc. (PNTG): revenue $1.1B, market value $1.5B
- U S Physical Therapy Inc. (USPH): revenue $812.2M, market value $1.3B
- Omada Health, Inc. (OMDA): revenue $309.8M, market value $1.2B