InnovAge Holding (INNV) Cost of Revenue (2020 - 2026)
InnovAge Holding (INNV) reported Cost of Revenue of $8.7 million for Q1 2026, up 26.32% on a YoY basis from $6.9 million in Q1 2025, and down 88.32% quarter-over-quarter from $74.9 million in Q4 2025.
InnovAge Holding (INNV) Cost of Revenue (2020 - 2026) Analysis & Trends
InnovAge Holding has reported Cost of Revenue for 7 years, with the latest figure at $8.7 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 26.32% year-over-year to $8.7 million; the trailing twelve-month figure through Mar 2026 stood at $231.5 million (up 736.89% YoY), and the FY2025 full-year result was $268.9 million, up 977.49% from the prior year.
- Cost of Revenue for Q1 2026 stood at $8.7 million, down from $74.9 million in the prior quarter.
- The five-year high for Cost of Revenue was $161.1 million in Q2 2022, with the low at -$139.3 million in Q2 2023.
- Historically, Cost of Revenue has averaged $35.6 million across 5 years, with a median of $51.4 million in 2022.
- Annual changes were most pronounced in 2022 — Cost of Revenue soared 1939.05% — and 2023, when it sank 186.44%.
- InnovAge Holding's Cost of Revenue stood at $51.4 million in 2022, then advanced by 5.73% to $54.3 million in 2023, then sank by 85.82% to $7.7 million in 2024, then jumped by 872.01% to $74.9 million in 2025, then sank by 88.32% to $8.7 million in 2026.
- The last three Cost of Revenue figures came in at $8.7 million (Q1 2026), $74.9 million (Q4 2025), and $75.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | 2.85 Bn |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 961.00 Mn |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 2.34 Bn |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 241.90 Mn |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 1.10 Bn |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 1.28 Bn |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | 4.28 Bn |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 441.75 Mn |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 1.07 Bn |
| 10 | InnovAge Holding | 1.21 Bn | 1.12 Bn | 243.20 Mn | 8.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.74 Mn |
| Mar 31, 2026 | 8.74 Mn |
| Dec 31, 2025 | 74.88 Mn |
| Dec 31, 2025 | 74.88 Mn |
| Sep 30, 2025 | 75.89 Mn |
| Sep 30, 2025 | 75.89 Mn |
| Jun 30, 2025 | 71.96 Mn |
| Jun 30, 2025 | 71.96 Mn |
| Mar 31, 2025 | 6.92 Mn |
| Mar 31, 2025 | 6.92 Mn |
| Dec 31, 2024 | 7.70 Mn |
| Dec 31, 2024 | 7.70 Mn |
| Sep 30, 2024 | 6.49 Mn |
| Sep 30, 2024 | 6.49 Mn |
| Jun 30, 2024 | 6.54 Mn |
| Jun 30, 2024 | 6.54 Mn |
| Mar 31, 2024 | 59.08 Mn |
| Mar 31, 2024 | 59.08 Mn |
| Dec 31, 2023 | 54.32 Mn |
| Dec 31, 2023 | 54.32 Mn |