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| 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 |