InnovAge Holding (INNV) Gross Margin (2020 - 2026)
InnovAge Holding (INNV) posted Gross Margin of 68.07% for fiscal Q4 2026 (quarter ended Jun 30, 2026), up 0.57 percentage points from 67.50% a year earlier but down 1.10 percentage points from the prior quarter.
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Analysis
InnovAge Holding (INNV) Gross Margin (2020 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), InnovAge Holding's Gross Margin came in at 68.47%, down 0.04 percentage points from FY2025.
- Annual Gross Margin shows a five-year change of -7.33 percentage points (FY2021 to FY2026).
- In prior fiscal years, InnovAge Holding's Gross Margin was 68.50% in FY2025 (-1.55 pp), 70.05% in FY2024 (+0.90 pp), 69.15% in FY2023 (-5.05 pp) and 74.20% in FY2022 (-1.59 pp).
- Quarterly Gross Margin has run from a low of 67.50% in fiscal Q4 2025 to a high of 76.47% in fiscal Q1 2022 over five years.
- On a year-over-year basis, Gross Margin increased in two of the last eight quarters, with an average year-over-year change of -0.79 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was fiscal Q2 2024, with a gain of 1.92 percentage points; the weakest was fiscal Q1 2023, with a drop of 7.75 percentage points.
- According to Business Quant data, Gross Margin for the three prior fiscal quarters was 69.17% (Q3 2026), 68.76% (Q2 2026) and 67.86% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - | - |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn | 64.46% |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn | 33.75% |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn | 29.80% |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn | 65.39% |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - | - |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn | 64.45% |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - | - |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn | 12.72% |
| 10 | InnovAge Holding | 1.20 Bn | 711.70 Mn | 178.30 Mn | 68.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 68.07% |
| Mar 31, 2026 | 69.17% |
| Dec 31, 2025 | 68.76% |
| Sep 30, 2025 | 67.86% |
| Jun 30, 2025 | 67.50% |
| Mar 31, 2025 | 68.14% |
| Dec 31, 2024 | 69.35% |
| Sep 30, 2024 | 69.10% |
| Jun 30, 2024 | 69.84% |
| Mar 31, 2024 | 69.40% |
| Dec 31, 2023 | 71.24% |
| Sep 30, 2023 | 69.72% |
| Jun 30, 2023 | 69.81% |
| Mar 31, 2023 | 68.73% |
| Dec 31, 2022 | 69.32% |
| Sep 30, 2022 | 68.72% |
| Jun 30, 2022 | 70.80% |
| Mar 31, 2022 | 74.01% |
| Dec 31, 2021 | 75.53% |
| Sep 30, 2021 | 76.47% |
API Access
InnovAge Holding Gross Margin 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=gross-margin&ticker=INNV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=INNV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();