InnovAge Holding (INNV) Net Margin (2020 - 2026)
InnovAge Holding posted quarterly Net Margin of 11.9% for Q1 2026, down 678.0% year-on-year from 2.06% in Q1 2025, and down 341.57% on a QoQ basis from 4.92% in Q4 2025.
InnovAge Holding (INNV) has 7 years of Net Margin data on file, last reported 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.
- Across five years, Net Margin topped out at 4.92% in Q4 2025 and bottomed at 11.9% in Q1 2026.
- The 5-year median for Net Margin is 4.24% (2023), against an average of 3.98%.
- The widest annual swing landed in 2022, when Net Margin tumbled 1524 bps; it then surged 1138 bps in 2025.
- A 5-year view of Net Margin shows it stood at 6.31% in 2022, then soared by 68 bps to 2.02% in 2023, then tumbled by 219 bps to 6.46% in 2024, then jumped by 176 bps to 4.92% in 2025, then plunged 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 | 84.64 Bn | 87.02 Bn | 16.26 Bn | 9.72% |
| 2 | Tenet Healthcare | 15.22 Bn | 14.39 Bn | 4.41 Bn | 13.08% |
| 3 | Davita | 13.10 Bn | 13.96 Bn | 1.07 Bn | 8.05% |
| 4 | Encompass Health | 10.50 Bn | 11.12 Bn | 1.34 Bn | 1.00% |
| 5 | Ensign | 9.69 Bn | 9.09 Bn | 293.37 Mn | 6.93% |
| 6 | Universal Health Services | 8.92 Bn | 8.88 Bn | 3.21 Bn | 7.76% |
| 7 | Fresenius Medical Care AG | 7.31 Bn | 4.93 Bn | 22,843.10 Bn | 0.00% |
| 8 | Chemed | 5.83 Bn | 5.81 Bn | 215.76 Mn | 10.08% |
| 9 | Pacs | 5.76 Bn | 5.51 Bn | 345.96 Mn | 5.68% |
| 10 | InnovAge Holding | 1.03 Bn | 938.20 Mn | 243.20 Mn | -11.90% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Mar 31, 2021 | -6.93% |
| Dec 31, 2020 | 6.11% |
| Sep 30, 2020 | -32.64% |
| Jun 30, 2020 | 9.97% |
| Mar 31, 2020 | 5.50% |