InnovAge Holding (INNV) Research & Development (2020 - 2026)
InnovAge Holding's (INNV) quarterly Research & Development came in at $8.7 million in Q1 2026, up 26.32% YoY from $6.9 million in Q1 2025, and up 8.24% on a QoQ basis from $8.1 million in Q4 2025.
InnovAge Holding (INNV) Research & Development (2020 - 2026) Analysis & Trends
InnovAge Holding (INNV) has 7 years of Research & Development data on file, last reported at $8.7 million in Q1 2026.
- Quarterly Research & Development rose 26.32% year-over-year to $8.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $31.5 million (up 13.98% YoY) and the FY2025 annual result came in at $28.2 million, up 13.06% from the prior year.
- Research & Development rose to $8.7 million in Q1 2026, from $8.1 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $8.7 million in Q1 2026 to a low of $3.8 million in Q4 2022.
- A 5-year average of $6.4 million and a median of $6.5 million in 2024 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development plunged 43.49% — and 2023, when it soared 55.25%.
- Tracing INNV's Research & Development over 5 years: stood at $3.8 million in 2022, then soared by 55.25% to $5.9 million in 2023, then jumped by 31.49% to $7.7 million in 2024, then rose by 4.85% to $8.1 million in 2025, then increased by 8.24% to $8.7 million in 2026.
- The last three Research & Development figures came in at $8.7 million (Q1 2026), $8.1 million (Q4 2025), and $7.6 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 88.19 Bn | 90.61 Bn | 15.19 Bn | - |
| 2 | Tenet Healthcare | 21.59 Bn | 21.56 Bn | 4.45 Bn | - |
| 3 | Encompass Health | 12.19 Bn | 12.86 Bn | 1.34 Bn | - |
| 4 | Davita | 11.52 Bn | 12.39 Bn | 1.16 Bn | - |
| 5 | Ensign | 10.59 Bn | 10.27 Bn | 306.24 Mn | - |
| 6 | Universal Health Services | 8.79 Bn | 8.72 Bn | 3.29 Bn | - |
| 7 | Pacs | 7.04 Bn | 6.88 Bn | 338.46 Mn | - |
| 8 | Chemed | 6.96 Bn | 6.92 Bn | 221.47 Mn | - |
| 9 | Concentra Group Holdings Parent | 4.52 Bn | 4.38 Bn | 192.10 Mn | - |
| 10 | InnovAge Holding | 1.44 Bn | 1.31 Bn | 174.27 Mn | 8.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.74 Mn |
| Dec 31, 2025 | 8.08 Mn |
| Sep 30, 2025 | 7.61 Mn |
| Jun 30, 2025 | 7.10 Mn |
| Mar 31, 2025 | 6.92 Mn |
| Dec 31, 2024 | 7.70 Mn |
| Sep 30, 2024 | 6.49 Mn |
| Jun 30, 2024 | 6.54 Mn |
| Mar 31, 2024 | 7.18 Mn |
| Dec 31, 2023 | 5.86 Mn |
| Sep 30, 2023 | 5.38 Mn |
| Jun 30, 2023 | 6.13 Mn |
| Mar 31, 2023 | 5.31 Mn |
| Dec 31, 2022 | 3.77 Mn |
| Sep 30, 2022 | 4.41 Mn |
| Jun 30, 2022 | 5.08 Mn |
| Mar 31, 2022 | 6.14 Mn |
| Dec 31, 2021 | 6.68 Mn |
| Sep 30, 2021 | 6.29 Mn |
| Jun 30, 2021 | 7.90 Mn |