InnovAge Holding Corp. (INNV)

InnovAge Holding Income Statement

Financials in millions USD. Fiscal year is July - June.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Revenue	853.7	763.86	688.09	698.64	637.8
Revenue Growth (YoY)	11.76%	11.01%	-1.51%	9.54%	12.45%
Cost of Revenue	268.91	228.78	212.27	180.22	154.4
Gross Profit	584.79	535.07	475.82	518.42	483.4
Selling, General & Admin	571.33	539.3	509.79	504.78	405.39
Operating Expenses	590.84	558.25	525.21	518.7	417.68
Operating Income	-6.05	-23.18	-49.4	-0.28	65.72
Interest Expense	-6.01	-7.52	-4.92	-2.53	-16.79
Interest & Investment Income	3.5	5.9	4.6	-	-
Earnings From Equity Investments	-1.39	2.84	-	-	9.53
Other Non Operating Income (Expenses)	0.15	0.22	0.63	-0.31	-2.24
EBT Excluding Unusual Items	-9.8	-21.74	-49.09	-3.11	56.22
Merger & Restructuring Charges	-	-	-	-	-58.5
Gain (Loss) on Sale of Assets	-0.51	-0.08	-1.11	-	-
Asset Writedown	-13.62	-	-	-	-
Legal Settlements	-10.1	-	-	-	-
Other Unusual Items	-	-	-0.6	-4.12	-32.69
Pretax Income	-34.03	-21.82	-50.79	-7.24	-34.97
Income Tax Expense	1.32	1.4	-7.24	0.72	9.77
Earnings From Continuing Operations	-35.34	-23.22	-43.55	-7.96	-44.74
Minority Interest in Earnings	5.03	1.88	2.88	1.44	0.75
Net Income	-30.31	-21.34	-40.67	-6.52	-43.99
Net Income to Common	-30.31	-21.34	-40.67	-6.52	-43.99
Shares Outstanding (Basic)	135	136	136	136	124
Shares Outstanding (Diluted)	135	136	136	136	124
Shares Change (YoY)	-0.38%	0.23%	0.05%	9.63%	-8.59%
EPS (Basic)	-0.22	-0.16	-0.30	-0.05	-0.36
EPS (Diluted)	-0.22	-0.16	-0.30	-0.05	-0.36
Free Cash Flow	26.6	-44.81	-3.12	-10.94	-25.09
Free Cash Flow Per Share	0.20	-0.33	-0.02	-0.08	-0.20
Gross Margin	68.50%	70.05%	69.15%	74.20%	75.79%
Operating Margin	-0.71%	-3.03%	-7.18%	-0.04%	10.30%
Profit Margin	-3.55%	-2.79%	-5.91%	-0.93%	-6.90%
Free Cash Flow Margin	3.12%	-5.87%	-0.45%	-1.57%	-3.93%
EBITDA	13.46	-4.23	-33.98	13.64	78.01
EBITDA Margin	1.58%	-0.55%	-4.94%	1.95%	12.23%
D&A For EBITDA	19.51	18.95	15.42	13.92	12.29
EBIT	-6.05	-23.18	-49.4	-0.28	65.72
EBIT Margin	-0.71%	-3.03%	-7.18%	-0.04%	10.30%
Revenue as Reported	853.7	763.86	688.09	698.64	637.8
Advertising Expenses	7.2	6.8	5.6	6.7	6.5

Updated Sep 9, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q