The financials
InnovAge Holding Corp. by the numbers
InnovAge Holding Corp. (INNV) reported revenue of $252M in Q3 2026 (quarter ended March 31, 2026), up 15% from the same quarter a year earlier. That came with a gross margin of 24% and net loss of $29M. For the full year FY2025, revenue was $854M (+12% year on year) and net income −$30M. Its largest product in 2026-Q1 was Capitation at $252M, 100% of the disclosed total, just ahead of Other Service at 0.2%.
| Income statement | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $252M | $218M | +15% |
| Gross profit | $61M | $41M | +50% |
| Operating income | −$29M | −$10M | n/a |
| Net income | −$29M | −$11M | n/a |
| Diluted EPS | −$0.22 | −$0.08 | n/a |
| Product | Revenue | Share |
|---|---|---|
| Capitation | $252M | 100% |
| Other Service | $441K | 0.2% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $251.9M (+5.1%)
Other Service grew +37% year on yearCapitation +15% year on year
Segment Latestquarter on quarteryear on year
- Capitation$251.5M$251.5MQoQ +5.0%year on year +15%+5.0%+15%
- Other Service$441.0K$441.0KQoQ +401%year on year +37%+401%+37%