Stocks Comparison
InnovAge vs U S Physical Therapy: revenue, profit, margins and growth compared
InnovAge brought in $989.7M of revenue in fiscal 2026, U S Physical Therapy $781M in fiscal 2025. Revenue changed by +15.9% at InnovAge and +16.3% at U S Physical Therapy on the year before, so U S Physical Therapy grew faster. InnovAge kept -0.3% of its revenue as net profit, U S Physical Therapy 5.1%. Free cash flow was $50.4M at InnovAge and $61M at U S Physical Therapy.
Side by side, latest fiscal year
| INNV | USPH | |
|---|---|---|
| Fiscal year ended | FY2026 (June 30, 2026) | FY2025 (December 31, 2025) |
| Revenue | $989.7M | $781M |
| Revenue growth | +15.9% | +16.3% |
| Net income | -$2.5M | $39.6M |
| Net margin | -0.3% | 5.1% |
| Free cash flow | $50.4M | $61M |
| Free cash flow margin | 5.1% | 7.8% |
| Earnings per share (diluted) | -$0.02 | $1.42 |
| Cash | $97.9M | $35.6M |
| Debt | $48.8M | $162.5M |
| Price to earnings | n/a | 59.8 |
| Market value | $1.2B | $1.3B |
| Dividend yield | n/a | 2.12% |
| Rank by revenue in sector | #145 of 523 · Health care | #163 of 523 · Health care |
Over the years
Questions about InnovAge and U S Physical Therapy
Which is bigger by revenue, InnovAge or U S Physical Therapy?
InnovAge is bigger by revenue: $989.7M in fiscal 2026, against $781M for U S Physical Therapy in fiscal 2025.
Which keeps more of its revenue as profit, InnovAge or U S Physical Therapy?
InnovAge had a net margin of -0.3% in fiscal 2026; U S Physical Therapy had 5.1% in fiscal 2025.
Which grew revenue faster, InnovAge or U S Physical Therapy?
In their latest fiscal years revenue changed by +15.9% at InnovAge and +16.3% at U S Physical Therapy.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.