InnovAge Holding (INNV) Net Margin (2020 - 2026)

InnovAge Holding (INNV) posted Net Margin of 11.9% for Q1 2026, down 341.57% quarter-over-quarter from 4.92% in Q4 2025, and down 678.0% year-on-year from 2.06% in Q1 2025.

InnovAge Holding (INNV) Net Margin (2020 - 2026) Analysis & Trends

InnovAge Holding (INNV) has reported Net Margin for 7 consecutive years, with 11.9% the latest figure, recorded in Q1 2026.

  • Net Margin for Q1 2026 came in at 11.9%, down 678.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.63% (up 229.0% YoY), and the FY2025 annual result was 4.14%, down 110.0% from the prior year.
  • Net Margin was 11.9% for Q1 2026 at InnovAge Holding, down from 4.92% in the prior quarter.
  • Over five years, Net Margin peaked at 4.92% in Q4 2025 and troughed at 11.9% in Q1 2026.
  • Average Net Margin over 5 years is 3.98%, with a median of 4.24% recorded in 2023.
  • Year-over-year, Net Margin tumbled 1524 bps in 2022 and jumped 1138 bps in 2025.
  • Over 5 years, Net Margin stood at 6.31% in 2022, then surged by 68 bps to 2.02% in 2023, then tumbled by 219 bps to 6.46% in 2024, then soared by 176 bps to 4.92% in 2025, then plunged by 342 bps to 11.9% in 2026.
  • Per Business Quant data, the three most recent Net Margin figures were 11.9% in Q1 2026, 4.92% in Q4 2025, and 3.25% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 HCA Healthcare 87.94 Bn 90.32 Bn 16.26 Bn 9.72%
2 Chemed 18.08 Bn 18.07 Bn 215.76 Mn 10.08%
3 Tenet Healthcare 16.59 Bn 15.76 Bn 4.41 Bn 13.08%
4 Davita 15.37 Bn 16.23 Bn 1.07 Bn 8.05%
5 Encompass Health 10.07 Bn 10.70 Bn 1.34 Bn 1.00%
6 Ensign 9.52 Bn 8.93 Bn 293.37 Mn 6.93%
7 Universal Health Services 9.19 Bn 9.15 Bn 3.21 Bn 7.76%
8 Pacs 6.96 Bn 6.72 Bn 345.96 Mn 5.68%
9 Ww International 6.14 Bn 5.98 Bn -149.29 Mn 552.25%
10 InnovAge Holding 1.59 Bn 1.50 Bn 243.20 Mn -11.90%

Historic Data

Download Data
DateValue
Mar 31, 2026 -11.90%
Dec 31, 2025 4.92%
Sep 30, 2025 3.25%
Jun 30, 2025 -2.26%
Mar 31, 2025 -5.12%
Dec 31, 2024 -6.46%
Sep 30, 2024 -2.78%
Jun 30, 2024 -1.13%
Mar 31, 2024 -3.22%
Dec 31, 2023 -2.02%
Sep 30, 2023 -6.01%
Jun 30, 2023 -6.76%
Mar 31, 2023 -4.24%
Dec 31, 2022 -6.31%
Sep 30, 2022 -8.00%
Jun 30, 2022 -7.82%
Mar 31, 2022 -1.79%
Dec 31, 2021 0.63%
Sep 30, 2021 4.40%
Jun 30, 2021 7.42%