InnovAge Holding (INNV) Cost of Revenue (2020 - 2026)
InnovAge Holding's (INNV) quarterly Cost of Revenue came in at $77.7 million in Q1 2026, up 11.77% YoY from $69.5 million in Q1 2025, and up 3.73% on a QoQ basis from $74.9 million in Q4 2025.
InnovAge Holding (INNV) Cost of Revenue (2020 - 2026) Analysis & Trends
InnovAge Holding (INNV) has 7 years of Cost of Revenue data on file, last reported at $77.7 million in Q1 2026.
- Quarterly Cost of Revenue rose 11.77% year-over-year to $77.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $300.4 million (up 16.85% YoY) and the FY2025 annual result came in at $268.9 million, up 17.54% from the prior year.
- Cost of Revenue grew to $77.7 million in Q1 2026, from $74.9 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $77.7 million in Q1 2026 to a low of $46.1 million in Q1 2022.
- A 5-year average of $60.9 million and a median of $59.1 million in 2024 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue jumped 31.5% — and 2023, when it grew 3.16%.
- Tracing INNV's Cost of Revenue over 5 years: stood at $51.4 million in 2022, then advanced by 5.73% to $54.3 million in 2023, then grew by 17.93% to $64.1 million in 2024, then climbed by 16.89% to $74.9 million in 2025, then rose by 3.73% to $77.7 million in 2026.
- The last three Cost of Revenue figures came in at $77.7 million (Q1 2026), $74.9 million (Q4 2025), and $75.9 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 88.19 Bn | 90.61 Bn | 15.19 Bn | 5.04 Bn |
| 2 | Tenet Healthcare | 21.59 Bn | 21.56 Bn | 4.45 Bn | 1.17 Bn |
| 3 | Encompass Health | 12.19 Bn | 12.86 Bn | 1.34 Bn | 254.90 Mn |
| 4 | Davita | 11.52 Bn | 12.39 Bn | 1.16 Bn | 2.39 Bn |
| 5 | Ensign | 10.59 Bn | 10.27 Bn | 306.24 Mn | 1.13 Bn |
| 6 | Universal Health Services | 8.79 Bn | 8.72 Bn | 3.29 Bn | 1.35 Bn |
| 7 | Pacs | 7.04 Bn | 6.88 Bn | 338.46 Mn | 1.09 Bn |
| 8 | Chemed | 6.96 Bn | 6.92 Bn | 221.47 Mn | 451.78 Mn |
| 9 | Concentra Group Holdings Parent | 4.52 Bn | 4.38 Bn | 192.10 Mn | 413.93 Mn |
| 10 | InnovAge Holding | 1.44 Bn | 1.31 Bn | 174.27 Mn | 77.68 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 77.68 Mn |
| Mar 31, 2026 | 77.68 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 | 69.50 Mn |
| Mar 31, 2025 | 69.50 Mn |
| Dec 31, 2024 | 64.06 Mn |
| Dec 31, 2024 | 64.06 Mn |
| Sep 30, 2024 | 63.39 Mn |
| Sep 30, 2024 | 63.39 Mn |
| Jun 30, 2024 | 60.13 Mn |
| Jun 30, 2024 | 60.13 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 |