InnovAge Holding Corp. (INNV)

InnovAge Holding Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Revenue	915.37	853.7	763.86	688.09	698.64	637.8
Revenue Growth (YoY)	13.48%	11.76%	11.01%	-1.51%	9.54%	12.45%
Cost of Revenue	292.23	268.91	228.78	212.27	180.22	154.4
Gross Profit	623.14	584.79	535.07	475.82	518.42	483.4
Selling, General & Admin	579.83	571.33	539.3	509.79	504.78	405.39
Operating Expenses	598.57	590.84	558.25	525.21	518.7	417.68
Operating Income	24.57	-6.05	-23.18	-49.4	-0.28	65.72
Interest Expense	-7.1	-6.01	-7.52	-4.92	-2.53	-16.79
Interest & Investment Income	3.5	3.5	5.9	4.6	-	-
Earnings From Equity Investments	-1.41	-1.39	2.84	-	-	9.53
Other Non Operating Income (Expenses)	1	0.15	0.22	0.63	-0.31	-2.24
EBT Excluding Unusual Items	20.55	-9.8	-21.74	-49.09	-3.11	56.22
Merger & Restructuring Charges	-	-	-	-	-	-58.5
Gain (Loss) on Sale of Assets	-0.12	-0.51	-0.08	-1.11	-	-
Asset Writedown	-5.22	-13.62	-	-	-	-
Legal Settlements	-10.1	-10.1	-	-	-	-
Other Unusual Items	-	-	-	-0.6	-4.12	-32.69
Pretax Income	5.11	-34.03	-21.82	-50.79	-7.24	-34.97
Income Tax Expense	1.78	1.32	1.4	-7.24	0.72	9.77
Earnings From Continuing Operations	3.33	-35.34	-23.22	-43.55	-7.96	-44.74
Minority Interest in Earnings	3.14	5.03	1.88	2.88	1.44	0.75
Net Income	6.47	-30.31	-21.34	-40.67	-6.52	-43.99
Net Income to Common	6.47	-30.31	-21.34	-40.67	-6.52	-43.99
Shares Outstanding (Basic)	135	135	136	136	136	124
Shares Outstanding (Diluted)	136	135	136	136	136	124
Shares Change (YoY)	0.10%	-0.38%	0.23%	0.05%	9.63%	-8.59%
EPS (Basic)	0.05	-0.22	-0.16	-0.30	-0.05	-0.36
EPS (Diluted)	0.05	-0.22	-0.16	-0.30	-0.05	-0.36
Free Cash Flow	49.75	26.6	-44.81	-3.12	-10.94	-25.09
Free Cash Flow Per Share	0.37	0.20	-0.33	-0.02	-0.08	-0.20
Gross Margin	68.08%	68.50%	70.05%	69.15%	74.20%	75.79%
Operating Margin	2.68%	-0.71%	-3.03%	-7.18%	-0.04%	10.30%
Profit Margin	0.71%	-3.55%	-2.79%	-5.91%	-0.93%	-6.90%
Free Cash Flow Margin	5.44%	3.12%	-5.87%	-0.45%	-1.57%	-3.93%
EBITDA	43.31	13.46	-4.23	-33.98	13.64	78.01
EBITDA Margin	4.73%	1.58%	-0.55%	-4.94%	1.95%	12.23%
D&A For EBITDA	18.74	19.51	18.95	15.42	13.92	12.29
EBIT	24.57	-6.05	-23.18	-49.4	-0.28	65.72
EBIT Margin	2.68%	-0.71%	-3.03%	-7.18%	-0.04%	10.30%
Effective Tax Rate	34.78%	-	-	-	-	-
Revenue as Reported	915.37	853.7	763.86	688.09	698.64	637.8
Advertising Expenses	-	7.2	6.8	5.6	6.7	6.5

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q