InnovAge Holding (INNV) Cost of Revenue (2020 - 2026)
InnovAge Holding's Cost of Revenue was $83.65 million in fiscal Q4 2026 (quarter ended Jun 30, 2026), up 16.2% from $71.96 million a year earlier and up 7.7% from the prior quarter.
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Analysis
InnovAge Holding (INNV) Cost of Revenue (2020 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Cost of Revenue at InnovAge Holding came in at $312.1 million, up 16.1% from FY2025.
- Cost of Revenue has now increased for six consecutive fiscal years, with a five-year compound annual growth rate of 15.1% (FY2021 to FY2026).
- In earlier fiscal years, Cost of Revenue was $268.91 million in FY2025 (+17.5%), $228.78 million in FY2024 (+7.8%), $212.27 million in FY2023 (+17.8%) and $180.22 million in FY2022 (+16.7%).
- The fiscal Q4 2026 figure marks the highest quarterly Cost of Revenue in data going back to fiscal Q3 2020.
- Compared with a year earlier, Cost of Revenue has increased for 20 straight quarters, with growth averaging 16.8% over the last eight quarters.
- The year-over-year growth in Cost of Revenue has ranged between 3.2% (fiscal Q1 2024) and 31.5% (fiscal Q1 2023) over the last five years.
- Per Business Quant data, INNV's Cost of Revenue in the three fiscal quarters before Q4 2026 was $77.68 million (Q3 2026), $74.88 million (Q2 2026) and $75.89 million (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.08 Bn | 92.52 Bn | - | - |
| 2 | Natera | 58.93 Bn | 54.61 Bn | 485.19 Mn | 267.56 Mn |
| 3 | Quest Diagnostics | 25.75 Bn | 24.18 Bn | 1.03 Bn | 2.02 Bn |
| 4 | Labcorp Holdings | 24.96 Bn | 22.73 Bn | 1.11 Bn | 2.62 Bn |
| 5 | Guardant Health | 23.76 Bn | 19.82 Bn | 219.03 Mn | 115.95 Mn |
| 6 | Tenet Healthcare | 20.83 Bn | 11.98 Bn | - | - |
| 7 | Tempus AI | 13.43 Bn | 10.46 Bn | 246.50 Mn | 135.99 Mn |
| 8 | BrightSpring Health Services | 11.90 Bn | 10.24 Bn | 492.75 Mn | 271.40 Mn |
| 9 | Encompass Health | 11.82 Bn | 12.29 Bn | - | - |
| 10 | InnovAge Holding | 1.22 Bn | 733.46 Mn | 178.30 Mn | 83.65 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 83.65 Mn |
| Mar 31, 2026 | 77.68 Mn |
| Dec 31, 2025 | 74.88 Mn |
| Sep 30, 2025 | 75.89 Mn |
| Jun 30, 2025 | 71.96 Mn |
| Mar 31, 2025 | 69.50 Mn |
| Dec 31, 2024 | 64.06 Mn |
| Sep 30, 2024 | 63.39 Mn |
| Jun 30, 2024 | 60.13 Mn |
| Mar 31, 2024 | 59.08 Mn |
| Dec 31, 2023 | 54.32 Mn |
| Sep 30, 2023 | 55.25 Mn |
| Jun 30, 2023 | 53.39 Mn |
| Mar 31, 2023 | 53.95 Mn |
| Dec 31, 2022 | 51.38 Mn |
| Sep 30, 2022 | 53.56 Mn |
| Jun 30, 2022 | 50.48 Mn |
| Mar 31, 2022 | 46.10 Mn |
| Dec 31, 2021 | 42.91 Mn |
| Sep 30, 2021 | 40.73 Mn |
API Access
InnovAge Holding Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=INNV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "INNV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=INNV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();