Stocks Health care INNV
NASDAQ · Health careInnovAge Holding Corp. (INNV)
InnovAge Holding Corp. brought in $1B of revenue over the twelve months to September 30, 2026, up 15.1% from a year earlier. Net income was $9M, a net margin of 0.9%. Operating cash flow minus capital spending left $50.4M of free cash flow in fiscal 2026. At September 30, 2026 it held $119.3M in cash against $47.5M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 3, 2026.
Key facts about InnovAge Holding Corp.
- Net worth
- InnovAge Holding Corp. has a market value (market cap) of $1.3B at the latest share price, and shareholders' equity of $255.3M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2026 revenue was $989.7M (+15.9% year on year), with a net loss of $2.5M. Over the 12 months to September 30, 2026: revenue $1B, net income $9M.
- Cash flow
- In fiscal 2026 operations brought in $64.7M of cash; after $14.3M of capital spending, free cash flow was $50.4M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 3, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- InnovAge Holding Corp.'s next report is expected around February 2, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What InnovAge Holding Corp. does
InnovAge Holding Corp. is registered with the SEC under industry code SIC 8000 (Services-Health Services). Its shares trade on NASDAQ under the ticker INNV.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2026 | $989.7M | -$2.5M | -$0.02 | $50.4M |
| 2025 | $853.7M | -$30.3M | -$0.22 | $26.6M |
| 2024 | $763.9M | -$21.3M | -$0.16 | -$44.8M |
| 2023 | $688.1M | -$40.7M | -$0.30 | -$3.1M |
| 2022 | $698.6M | -$6.5M | -$0.05 | -$10.9M |
| 2021 | $637.8M | -$44M | -$0.36 | -$25.1M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where INNV ranks in Health care
Dividends
It paid out $9.5M in cash dividends.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2021 | n/a | $9.5M | n/a |
Latest SEC filings
What InnovAge Holding Corp. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 5, 2026Passive stake changed SCHEDULE 13G/A
- November 3, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 12% to $264.8M versus the same quarter last year; diluted EPS $0.14 versus $0.06.
- November 3, 2026
- October 22, 2026
- October 22, 2026Additional proxy material DEFA14A
- October 22, 2026Proxy statement DEF 14A
- September 24, 2026Other event 8-K
- September 9, 2026Annual report 10-K · period to June 30, 2026Revenue rose 16% to $989.7M versus the prior year; diluted EPS -$0.02 versus -$0.22.
- September 8, 2026
- July 31, 2026
What is INNV worth? A DCF from its reported cash flow
Insider trades
What the people running InnovAge Holding Corp. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $226.9M worth of shares in the last 90 days and bought none on the open market. 0% of the selling was pre-planned under Rule 10b5-1 trading plans.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 22, 2026 | Damato NicoleCHIEF LEGAL OFFICER | Soldpre-planned (10b5-1) | 3,402 | $32.4K |
| October 21, 2026 | Tco Group Holdings, L.P.10% owner | Sold | 1,500,000 | $13.9M |
| October 21, 2026 | Ignite Aggregator LP10% owner | Soldindirect | 1,500,000 | $13.9M |
| October 21, 2026 | Welsh, Carson, Anderson & Stowe XII, L.P.10% owner | Soldindirect | 1,500,000 | $13.9M |
| September 25, 2026 | Damato NicoleCHIEF LEGAL OFFICER | Soldpre-planned (10b5-1) | 23,814 | $207.2K |
| September 24, 2026 | Welsh, Carson, Anderson & Stowe XII, L.P.10% owner | Soldindirect | 10,000,000 | - |
| September 24, 2026 | Ignite Aggregator LP10% owner | Soldindirect | 10,000,000 | $92.5M |
| September 24, 2026 | Tco Group Holdings, L.P.10% owner | Sold | 10,000,000 | $92.5M |
Who owns INNV
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| TCO Group Holdings, L.P.13G, passive with 16 related filers | 74.08% | November 5, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 107 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Federated Hermes, Inc. | 1,903,713 | +1,899,133 |
| BlackRock, Inc. | 1,489,609 | +241,518 |
| Vanguard Capital Management LLC | 935,264 | +58,128 |
| Arrowstreet Capital, Limited Partnership | 668,742 | +251,204 |
| Algert Global LLC | 630,520 | +563,735 |
| Geode Capital Management, LLC | 602,127 | +28,710 |
| State Street Corp | 461,656 | +30,230 |
| Dimensional Fund Advisors LP | 439,962 | +203,477 |
| O'Shaughnessy Asset Management, LLC | 314,585 | +42,045 |
| Renaissance Technologies LLC | 249,633 | -121,184 |
| Ritholtz Wealth Management | 243,633 | -4,439 |
| Goldman Sachs Group Inc | 217,609 | +38,368 |
| Los Angeles Capital Management LLC | 203,785 | new |
| Charles Schwab Investment Management Inc | 186,580 | +6,992 |
| Northern Trust Corp | 175,208 | -91,929 |
| Nuveen, LLC | 166,622 | -38,840 |
| Qube Research & Technologies Ltd | 156,641 | new |
| Vanguard Fiduciary Trust Co | 156,084 | +15,577 |
| Vanguard Portfolio Management LLC | 151,917 | +33,277 |
| Millennium Management LLC | 148,840 | +126,675 |
Insiders
16 insiders reported holding 305,050,252 shares in total, about $2.81B at the last price.
| Holder | Shares |
|---|---|
| Tco Group Holdings, L.P.10% owner | 101,076,555 |
| Ignite Aggregator LP10% owner | 101,076,555101,076,555 held indirectly |
| Welsh, Carson, Anderson & Stowe XII, L.P.10% owner | 101,076,555101,076,555 held indirectly |
| Blair Patrick TCHIEF EXECUTIVE OFFICER | 751,047 |
| Damato NicoleCHIEF LEGAL OFFICER | 301,495 |
| Scarbrough Michael AnthonyPresident and COO | 119,617 |
| Zoretic Richard CDirector | 102,349 |
| Carlson James GDirector | 95,889 |
| Kennedy Edward Moore Jr.Director | 76,696 |
| Fontneau PatriciaDirector | 70,664 |
Questions about INNV
What does InnovAge Holding Corp. do?
InnovAge Holding Corp. is a company in the Health care sector, listed on NASDAQ as INNV. Its shares trade on NASDAQ under the ticker INNV.
What is InnovAge Holding Corp.'s net worth?
InnovAge Holding Corp. has a market value (market cap) of $1.3B at the latest share price, and shareholders' equity of $255.3M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is InnovAge Holding Corp. profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $9M on revenue of $1B, a net margin of 0.9%.
How much revenue does InnovAge Holding Corp. make?
Over the twelve months to September 30, 2026 InnovAge Holding Corp. reported revenue of $1B. That is 15.1% more than a year earlier.
When did InnovAge Holding Corp. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 3, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the passive stake changed from November 5, 2026.
When is InnovAge Holding Corp.'s next earnings report?
InnovAge Holding Corp.'s next report is expected around February 2, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values InnovAge Holding Corp. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.