InnovAge Holding (INNV) Operating Income (2020 - 2026)
InnovAge Holding's (INNV) quarterly Operating Income came in at -$29.1 million in Q1 2026, down 186.27% YoY from $33.7 million in Q1 2025, and down 319.27% on a QoQ basis from $13.3 million in Q4 2025.
InnovAge Holding (INNV) Operating Income (2020 - 2026) Analysis & Trends
InnovAge Holding (INNV) has 7 years of Operating Income data on file, last reported at -$29.1 million in Q1 2026.
- Quarterly Operating Income fell 186.27% year-over-year to -$29.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$9.7 million (up 70.22% YoY) and the FY2025 annual result came in at -$29.8 million, down 28.39% from the prior year.
- Operating Income declined to -$29.1 million in Q1 2026, from $13.3 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $13.3 million in Q4 2025 to a low of -$29.1 million in Q1 2026.
- A 5-year average of -$7.6 million and a median of -$8.2 million in 2023 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2024 — Operating Income slumped 603.42% — and 2025, when it jumped 269.3%.
- Tracing INNV's Operating Income over 5 years: stood at -$13.7 million in 2022, then soared by 86.95% to -$1.8 million in 2023, then tumbled by 603.42% to -$12.6 million in 2024, then jumped by 205.62% to $13.3 million in 2025, then tumbled by 319.27% to -$29.1 million in 2026.
- The last three Operating Income figures came in at -$29.1 million (Q1 2026), $13.3 million (Q4 2025), and $8.3 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 88.19 Bn | 90.61 Bn | 15.19 Bn | -2.55 Bn |
| 2 | Tenet Healthcare | 21.59 Bn | 21.56 Bn | 4.45 Bn | 1.50 Bn |
| 3 | Encompass Health | 12.19 Bn | 12.86 Bn | 1.34 Bn | 33.50 Mn |
| 4 | Davita | 11.52 Bn | 12.39 Bn | 1.16 Bn | 579.00 Mn |
| 5 | Ensign | 10.59 Bn | 10.27 Bn | 306.24 Mn | 122.50 Mn |
| 6 | Universal Health Services | 8.79 Bn | 8.72 Bn | 3.29 Bn | 516.68 Mn |
| 7 | Pacs | 7.04 Bn | 6.88 Bn | 338.46 Mn | 109.33 Mn |
| 8 | Chemed | 6.96 Bn | 6.92 Bn | 221.47 Mn | 89.20 Mn |
| 9 | Concentra Group Holdings Parent | 4.52 Bn | 4.38 Bn | 192.10 Mn | 115.07 Mn |
| 10 | InnovAge Holding | 1.44 Bn | 1.31 Bn | 174.27 Mn | -29.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -29.08 Mn |
| Dec 31, 2025 | 13.26 Mn |
| Sep 30, 2025 | 8.29 Mn |
| Jun 30, 2025 | -2.15 Mn |
| Mar 31, 2025 | -10.16 Mn |
| Dec 31, 2024 | -12.56 Mn |
| Sep 30, 2024 | -4.90 Mn |
| Jun 30, 2024 | -4.88 Mn |
| Mar 31, 2024 | -5.79 Mn |
| Dec 31, 2023 | -1.79 Mn |
| Sep 30, 2023 | -10.72 Mn |
| Jun 30, 2023 | -10.94 Mn |
| Mar 31, 2023 | -8.17 Mn |
| Dec 31, 2022 | -13.68 Mn |
| Sep 30, 2022 | -16.60 Mn |
| Jun 30, 2022 | -12.35 Mn |
| Mar 31, 2022 | -6.67 Mn |
| Dec 31, 2021 | 2.95 Mn |
| Sep 30, 2021 | 11.66 Mn |
| Jun 30, 2021 | 10.67 Mn |