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

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

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

InnovAge Holding has reported Net Margin for 7 years, with the latest figure at 11.9% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin fell 678.0% year-over-year to 11.9%; the trailing twelve-month figure through Mar 2026 stood at 1.63% (up 229.0% YoY), and the FY2025 full-year result was 4.14%, down 110.0% from the prior year.
  • Net Margin for Q1 2026 stood at 11.9%, down from 4.92% in the prior quarter.
  • The five-year high for Net Margin was 4.92% in Q4 2025, with the low at 11.9% in Q1 2026.
  • Historically, Net Margin has averaged 3.98% across 5 years, with a median of 4.24% in 2023.
  • Annual changes were most pronounced in 2022 — Net Margin sank 1524 bps — and 2025, when it surged 1138 bps.
  • InnovAge Holding's Net Margin stood at 6.31% in 2022, then surged by 68 bps to 2.02% in 2023, then plunged by 219 bps to 6.46% in 2024, then soared by 176 bps to 4.92% in 2025, then sank by 342 bps to 11.9% in 2026.
  • The last three Net Margin figures came in at 11.9% (Q1 2026), 4.92% (Q4 2025), and 3.25% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 HCA Healthcare 83.85 Bn 86.23 Bn 16.26 Bn 9.72%
2 Tenet Healthcare 14.98 Bn 14.15 Bn 4.41 Bn 13.08%
3 Davita 13.99 Bn 14.84 Bn 1.07 Bn 8.05%
4 Encompass Health 9.72 Bn 10.34 Bn 1.34 Bn 1.00%
5 Ensign 8.90 Bn 8.31 Bn 293.37 Mn 6.93%
6 Universal Health Services 8.59 Bn 8.55 Bn 3.21 Bn 7.76%
7 Fresenius Medical Care AG 7.67 Bn 5.29 Bn -4.26 Bn 300.60%
8 Chemed 5.97 Bn 5.96 Bn 215.76 Mn 10.08%
9 Pacs 5.74 Bn 5.50 Bn 345.96 Mn 5.68%
10 InnovAge Holding 1.21 Bn 1.12 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%