InnovAge Holding (INNV) Operating Income (2020 - 2026)

InnovAge Holding (INNV) reported Operating Income of -$29.1 million for Q1 2026, down 186.27% on a YoY basis from $33.7 million in Q1 2025, and down 319.27% quarter-over-quarter from $13.3 million in Q4 2025.

InnovAge Holding (INNV) Operating Income (2020 - 2026) Analysis & Trends

InnovAge Holding has reported Operating Income for 7 years, with the latest figure at -$29.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Income fell 186.27% year-over-year to -$29.1 million; the trailing twelve-month figure through Mar 2026 stood at -$9.7 million (up 70.22% YoY), and the FY2025 full-year result was -$29.8 million, down 28.39% from the prior year.
  • Operating Income for Q1 2026 stood at -$29.1 million, down from $13.3 million in the prior quarter.
  • The five-year high for Operating Income was $13.3 million in Q4 2025, with the low at -$29.1 million in Q1 2026.
  • Historically, Operating Income has averaged -$7.6 million across 5 years, with a median of -$8.2 million in 2023.
  • Annual changes were most pronounced in 2024 — Operating Income slumped 603.42% — and 2025, when it jumped 269.3%.
  • InnovAge Holding's Operating Income 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 HCA Healthcare 83.85 Bn 86.23 Bn 16.26 Bn -566.00 Mn
2 Tenet Healthcare 14.98 Bn 14.15 Bn 4.41 Bn 1.30 Bn
3 Davita 13.99 Bn 14.84 Bn 1.07 Bn 481.89 Mn
4 Encompass Health 9.72 Bn 10.34 Bn 1.34 Bn 59.70 Mn
5 Ensign 8.90 Bn 8.31 Bn 293.37 Mn 124.85 Mn
6 Universal Health Services 8.59 Bn 8.55 Bn 3.21 Bn 502.86 Mn
7 Fresenius Medical Care AG 7.67 Bn 5.29 Bn -4.26 Bn 2.13 Bn
8 Chemed 5.97 Bn 5.96 Bn 215.76 Mn 84.58 Mn
9 Pacs 5.74 Bn 5.50 Bn 345.96 Mn 120.04 Mn
10 InnovAge Holding 1.21 Bn 1.12 Bn 243.20 Mn -29.08 Mn

Historic Data

Download Data
DateValue
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