InnovAge Holding reported revenue of $251.94M and net income of -$29.94M for the quarter ended Mar 2026, up 15.5% year over year. This income statement covers 25 quarters of results from Mar 2020 through Mar 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | |||||||||||||||||||||||||
| Revenue | 171.62M | 173.07M | 175.35M | 177.36M | 172.86M | 171.22M | 167.46M | 172.54M | 176.87M | 182.49M | 188.90M | 193.07M | 199.40M | 205.14M | 209.00M | 218.14M | 221.42M | 236.10M | 239.71M | 251.94M | |||||
| Cost of RevenueCost of Rev | 38.48M | 40.73M | 42.91M | 46.10M | 50.48M | 53.56M | 51.38M | 53.95M | 53.39M | 55.25M | 54.32M | 59.08M | 60.13M | 63.39M | 64.06M | 69.50M | 71.96M | 75.89M | 74.88M | 77.68M | |||||
| Gross Profit | 133.13M | 132.34M | 132.44M | 131.26M | 122.38M | 117.66M | 116.08M | 118.59M | 123.48M | 127.23M | 134.58M | 133.99M | 139.27M | 141.75M | 144.94M | 148.64M | 149.46M | 160.22M | 164.82M | 174.27M | |||||
| Operating items | |||||||||||||||||||||||||
| Depreciation & Amortization - TotalDep. & Amort. (Tot) | 2.80M | 3.10M | 2.80M | 3.80M | 3.40M | 3.10M | 3.30M | 3.80M | 4.90M | 4.10M | 4.10M | 4.90M | 5.20M | 5.20M | 5.20M | 5.20M | 3.20M | 4.90M | 4.70M | 4.70M | |||||
| Research & DevelopmentR&D | 7.90M | 6.29M | 6.68M | 6.14M | 5.08M | 4.41M | 3.77M | 5.31M | 6.12M | 5.38M | 5.86M | 7.18M | 6.54M | 6.49M | 7.70M | 6.92M | 7.10M | 7.61M | 8.08M | 8.74M | |||||
| Selling, General & AdministrativeSG&A | 26.43M | 21.08M | 28.48M | 24.68M | 27.41M | 30.18M | 28.82M | 27.65M | 28.99M | 28.95M | 25.25M | 27.55M | 29.59M | 27.54M | 28.10M | 38.60M | 27.82M | 30.27M | 26.61M | 76.53M | |||||
| Other Operating ExpensesOther Opex | 130.93M | 134.44M | 149.41M | 149.32M | 150.13M | 145.25M | 143.95M | 147.80M | 154.78M | 155.47M | 159.24M | 162.95M | 170.81M | 180.55M | 177.58M | 185.44M | 185.04M | 187.06M | 191.05M | ||||||
| Operating ExpensesOpex | 160.95M | 161.41M | 172.40M | 184.03M | 185.21M | 187.82M | 181.14M | 180.71M | 187.82M | 193.20M | 190.68M | 198.86M | 204.28M | 210.04M | 221.56M | 228.30M | 223.57M | 227.82M | 226.45M | 281.02M | |||||
| Operating IncomeOp. Inc | 10.67M | 11.66M | 2.95M | -6.67M | -12.35M | -16.60M | -13.68M | -8.17M | -10.94M | -10.72M | -1.78M | -5.79M | -4.88M | -4.90M | -12.56M | -10.16M | -2.15M | 8.29M | 13.26M | -29.08M | |||||
| EBIT | 10.67M | 11.66M | 2.95M | -6.67M | -12.35M | -16.60M | -13.68M | -8.17M | -10.94M | -10.72M | -1.78M | -5.79M | -4.88M | -4.90M | -12.56M | -10.16M | -2.15M | 8.29M | 13.26M | -29.08M | |||||
| Non-operating items | |||||||||||||||||||||||||
| Non Operating Interest Expenses | -0.27M | 0.55M | 0.67M | 0.71M | 0.60M | 0.60M | 0.22M | 0.41M | 0.66M | 1.88M | 1.02M | ||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | -0.66M | -0.94M | -1.02M | -1.40M | -1.24M | -0.76M | -1.16M | -0.89M | -1.25M | -1.25M | -0.99M | ||||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | -0.01M | -0.49M | 0.03M | 0.11M | 0.05M | 0.04M | 0.44M | -0.10M | -0.26M | 0.64M | 0.87M | 0.53M | 0.50M | 0.83M | -0.16M | 0.26M | 0.25M | 0.88M | 0.44M | 0.29M | |||||
| Non Operating IncomeNon Op. Inc. | 0.26M | -1.04M | -0.65M | -0.60M | -0.54M | -0.57M | 0.22M | -0.51M | -0.55M | -0.02M | -1.94M | -0.61M | 3.94M | -0.41M | -0.90M | -0.90M | -2.05M | -0.37M | -0.81M | -0.69M | |||||
| Net income details | |||||||||||||||||||||||||
| EBT | 10.93M | 10.62M | 2.31M | -7.27M | -12.89M | -17.17M | -13.46M | -8.68M | -11.49M | -10.74M | -3.73M | -6.41M | -0.95M | -5.31M | -13.46M | -11.06M | -4.20M | 7.92M | 12.46M | -29.77M | |||||
| Tax ProvisionsTaxes | 7.33M | 3.00M | 1.20M | -4.12M | 0.62M | -3.50M | -2.91M | -1.40M | 0.51M | 0.23M | 0.10M | -0.22M | 1.30M | 0.40M | 0.03M | 0.10M | 0.81M | 0.25M | 0.70M | 0.20M | |||||
| Profit After TaxPAT | 6.32M | 7.69M | 1.32M | -3.16M | -14.15M | -13.70M | -10.55M | -7.31M | -11.99M | -10.96M | -3.82M | -6.18M | -2.25M | -5.71M | -13.49M | -11.38M | -5.01M | 8.02M | 11.80M | -29.94M | |||||
| Equity Income | -1.88M | -0.12M | 0.02M | ||||||||||||||||||||||
| Income from Non-Controlling InterestsInc. Minority | 6.32M | 7.62M | 1.11M | -0.34M | -0.82M | -0.63M | -0.75M | -0.68M | -0.82M | -0.66M | -0.37M | -0.30M | -0.55M | -0.78M | -0.27M | 0.24M | -4.22M | -0.35M | 1.19M | -0.48M | |||||
| Income from Continuing OperationsIncome (Continuing) | 3.60M | 7.62M | 1.11M | -3.16M | -13.51M | -13.67M | -10.55M | -7.28M | -11.99M | -10.96M | -3.83M | -6.18M | -2.25M | -5.71M | -13.49M | -11.16M | -5.01M | 7.67M | 11.76M | -29.97M | |||||
| Consolidated Net IncomeConsol Net Inc. | 3.60M | 7.62M | 1.11M | -3.16M | -13.51M | -13.67M | -10.55M | -7.28M | -11.99M | -10.96M | -3.83M | -6.18M | -2.25M | -5.71M | -13.49M | -11.16M | -5.01M | 7.67M | 11.76M | -29.97M | |||||
| Income towards Parent CompanyParent Net Inc | 3.60M | 7.62M | 1.11M | -3.16M | -13.51M | -13.67M | -10.55M | -7.28M | -11.99M | -10.96M | -3.83M | -6.18M | -2.25M | -5.71M | -13.49M | -11.16M | -5.01M | 7.67M | 11.76M | -29.97M | |||||
| Net Income towards Common StockholdersNet Income | 3.60M | 7.62M | 1.11M | -3.16M | -13.51M | -13.67M | -10.55M | -7.28M | -11.99M | -10.96M | -3.83M | -6.18M | -2.25M | -5.71M | -13.49M | -11.16M | -5.01M | 7.67M | 11.76M | -29.97M | |||||
| Additional items | |||||||||||||||||||||||||
| EPS (Basic) | 0.03 | 0.06 | 0.01 | -0.02 | -0.10 | -0.10 | -0.08 | -0.05 | -0.09 | -0.08 | -0.03 | -0.05 | -0.02 | -0.04 | -0.10 | -0.08 | -0.04 | 0.06 | 0.09 | -0.22 | |||||
| EPS (Diluted) | 0.03 | 0.06 | 0.01 | -0.02 | -0.10 | -0.10 | -0.08 | -0.05 | -0.09 | -0.08 | -0.03 | -0.05 | -0.02 | -0.04 | -0.10 | -0.08 | -0.04 | 0.06 | 0.09 | -0.22 | |||||
| Shares Outstanding | 123.62M | 135.52M | 135.52M | 135.52M | 135.52M | 135.57M | 135.58M | 135.60M | 135.59M | 135.79M | 135.89M | 135.91M | 135.90M | 135.77M | 135.44M | 135.20M | 135.39M | 135.59M | 135.69M | 135.70M | |||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 123.62M | 135.52M | 135.52M | 135.52M | 135.52M | 135.57M | 135.58M | 135.60M | 135.59M | 135.79M | 135.89M | 135.91M | 135.90M | 135.77M | 135.44M | 135.20M | 135.39M | 136.76M | 136.35M | 135.70M | |||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 135.52M | 135.52M | 135.52M | 135.53M | 135.53M | 135.57M | 135.60M | 135.60M | 135.64M | 135.88M | 135.90M | 135.99M | 136.12M | 135.54M | 135.35M | 135.08M | 135.44M | 135.68M | 135.70M | 135.71M | |||||
| EBITDA | 13.47M | 14.76M | 5.75M | -2.87M | -8.95M | -13.50M | -10.38M | -4.37M | -6.04M | -6.62M | 2.31M | -0.89M | 0.32M | 0.30M | -7.36M | -4.96M | 1.05M | 13.19M | 17.96M | -24.38M | |||||
| Interest ExpensesInt Expense | -0.27M | 0.55M | 0.67M | 0.71M | 0.60M | 0.60M | 0.22M | 0.41M | 0.66M | 1.88M | 1.02M | ||||||||||||||
| Tax Rate | 67.04% | 28.25% | 52.06% | 56.59% | -4.83% | 20.39% | 21.64% | 16.14% | -4.40% | -2.11% | -2.68% | 3.50% | -137.63% | -7.61% | -0.25% | -0.90% | -19.21% | 3.12% | 5.62% | -0.67% |