InnovAge Holding (INNV) Net Margin (2020 - 2026)
InnovAge Holding's Net Margin was 7.39% in fiscal Q1 2027 (quarter ended Sep 30, 2026), up 3.99 percentage points from 3.40% a year earlier and up 4.22 percentage points from the prior quarter.
InnovAge Holding (INNV) Net Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, InnovAge Holding's Net Margin was 0.88% through Sep 30, 2026, up 2.85 percentage points year-over-year; for FY2026 (ended Jun 30, 2026), it came in at -0.26%, up 3.29 percentage points from FY2025.
- Net Margin shows a five-year change of +6.64 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Net Margin was -3.55% in FY2025 (-0.76 pp), -2.79% in FY2024 (+3.12 pp), -5.91% in FY2023 (-4.98 pp) and -0.93% in FY2022 (+5.96 pp).
- The fiscal Q1 2027 figure marks the highest quarterly Net Margin since fiscal Q4 2020.
- Compared with a year earlier, Net Margin was higher in five of the last eight quarters, with an average year-over-year change of +1.43 percentage points.
- The best year-over-year quarter for Net Margin over five years was fiscal Q2 2026 (a gain of 10.76 percentage points); the worst was fiscal Q1 2023 (a drop of 12.08 percentage points).
- Per Business Quant data, INNV's Net Margin in the three fiscal quarters before Q1 2027 was 3.16% (Q4 2026), -11.69% (Q3 2026) and 4.43% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 106.37 Bn | 104.21 Bn | 17.03 Bn | 7.96% |
| 2 | Natera | 45.03 Bn | 40.66 Bn | 513.47 Mn | -7.55% |
| 3 | Labcorp Holdings | 30.12 Bn | 28.22 Bn | 1.11 Bn | 6.90% |
| 4 | Quest Diagnostics | 28.44 Bn | 26.52 Bn | 1.04 Bn | 10.07% |
| 5 | Guardant Health | 20.93 Bn | 16.54 Bn | 236.15 Mn | -34.45% |
| 6 | BrightSpring Health Services | 14.41 Bn | 11.29 Bn | 518.55 Mn | 2.38% |
| 7 | Tempus AI | 14.27 Bn | 11.42 Bn | 266.70 Mn | -3.61% |
| 8 | Encompass Health | 13.98 Bn | 14.44 Bn | 1.54 Bn | 9.31% |
| 9 | Davita | 11.35 Bn | 10.22 Bn | 1.13 Bn | 6.23% |
| 10 | InnovAge Holding | 1.28 Bn | 741.03 Mn | 179.26 Mn | 7.39% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.39% |
| Jun 30, 2026 | 3.16% |
| Mar 31, 2026 | -11.69% |
| Dec 31, 2025 | 4.43% |
| Sep 30, 2025 | 3.40% |
| Jun 30, 2025 | -0.35% |
| Mar 31, 2025 | -5.22% |
| Dec 31, 2024 | -6.33% |
| Sep 30, 2024 | -2.40% |
| Jun 30, 2024 | -0.85% |
| Mar 31, 2024 | -3.05% |
| Dec 31, 2023 | -1.82% |
| Sep 30, 2023 | -5.65% |
| Jun 30, 2023 | -6.32% |
| Mar 31, 2023 | -3.84% |
| Dec 31, 2022 | -5.85% |
| Sep 30, 2022 | -7.64% |
| Jun 30, 2022 | -7.35% |
| Mar 31, 2022 | -1.59% |
| Dec 31, 2021 | 0.75% |
InnovAge Holding Net 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=net-margin&ticker=INNV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=INNV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();