InnovAge Holding Corp. (INNV)

From the record

InnovAge Holding Corp.'s filings since 2020 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

InnovAge Holding Corp.'s 7 filed years say what it did: revenue went from $567 million in fiscal 2020 to $990 million in fiscal 2026, up 9.7% a year; it rose in 5 of 6 years; the deepest fall was 2% from fiscal 2022 to fiscal 2023; net income was positive in 1 of 7 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2026-06-30, InnovAge Holding Corp.'s diluted share count held steady, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 3 sales (2 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-10-26 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2026-06-30, InnovAge Holding Corp. lost about 1 cents for every dollar of shareholders' money, and gross profitability: its products earned about 41 cents per dollar of everything the company owns. Leverage: it owed about 57 cents per dollar of assets, and net share issuance: its share count grew 0.2% over the year (the filed statements).

From the record

InnovAge Holding Corp.'s standing among 14 graded names in its industry family: revenue of $990 million in fiscal 2026 ranks in the top 25% by size; a net margin of -0.3% ranks in the top 46%; revenue growth of 12.9% a year over the last 3 filed years ranks in the bottom 39% (its annual reports).

From the record

InnovAge Holding Corp.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Blair, Patrick T (CHIEF EXECUTIVE OFFICER, as filed), filing under that title since 2022-12-05, 3.9 years (top 25% of its family); the 16 officers and directors filing in the last fifteen months have been on the record a median of 4.7 years (bottom 41%); 5 officer or director changes were reported on Form 8-K since 2023-11-13, against the 16 people in charge now (top 37%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

InnovAge Holding Corp.'s room to grow, from the newest filed statements (fiscal 2026): cash of $98 million against debt of $46 million leaves 9.4% of its assets as net cash, bottom 39% of its family; cash from operations less capital spending is 5.1% of revenue (top 39%); a gross margin of 23% (bottom 31%) (its annual report).

From the record

InnovAge Holding Corp.'s growth drivers, from the filed years to fiscal 2026: revenue grew 12.9% a year over the last three filed years against 9.7% over all 7, speeding up (top 25% of its family); the newest year grew 15.9% (bottom 32%); capital spending grew -15.1% a year (bottom 27%) (its annual reports). InnovAge Holding Corp. reported 2 lines of business in fiscal 2026: Program of All Inclusive Care for Elderly Operating at $989 million (100%), All Other at $257 thousand (0%); 1 of 2 grew against the year before (its annual report).

From the record

InnovAge Holding Corp.'s newest year against its own record: revenue of $990 million in fiscal 2026 came in 4.1% above the $951 million its prior three years' pace pointed to (bottom 38% of its family); net income of $3 million against a prior three-year average of $31 million (bottom 46%); a net margin of -0.3% against -4.1% before (top 46%) (its annual reports).