InnovAge Holding Corp. (INNV) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 251.94M | 239.71M | 236.1M | 218.14M | 218.14M | 209M | 205.14M | 199.4M | 193.07M | 188.9M | 182.49M | 176.87M | 172.54M | 167.46M | 171.22M | 172.86M | 177.36M | 175.35M | 173.07M | 171.62M |
| Revenue Growth % | 15.5% | 14.69% | 15.09% | 9.4% | 12.99% | 10.64% | 12.42% | 12.74% | 11.9% | 12.8% | 6.58% | 2.32% | -2.72% | -4.5% | -1.07% | 0.72% | 13.47% | 11.47% | - | 12.54% |
| Cost of Goods Sold | 0 | 191.76M | 184.75M | 177.4M | 177.4M | 171.93M | 170.6M | 162.82M | 159.07M | 155.28M | 154.61M | 148.37M | 143.75M | 144.88M | 149.79M | 149.23M | 149.36M | 133.94M | 130.74M | 123.58M |
| COGS % of Revenue | - | 80% | 78.25% | 81.32% | 81.32% | 82.27% | 83.16% | 81.66% | 82.39% | 82.21% | 84.72% | 83.88% | 83.32% | 86.52% | 87.49% | 86.33% | 84.21% | 76.39% | 75.54% | 72.01% |
| Gross Profit | 0 | 47.95M | 51.36M | 40.75M | 40.75M | 37.06M | 34.54M | 36.58M | 34M | 33.61M | 27.88M | 28.51M | 28.79M | 22.57M | 21.42M | 23.63M | 28M | 41.41M | 42.33M | 48.03M |
| Gross Margin % | - | 20% | 21.75% | 18.68% | 18.68% | 17.73% | 16.84% | 18.34% | 17.61% | 17.79% | 15.28% | 16.12% | 16.68% | 13.48% | 12.51% | 13.67% | 15.79% | 23.61% | 24.46% | 27.99% |
| Gross Profit Growth % | -100% | 29.36% | 48.68% | 11.4% | 19.85% | 10.27% | 23.91% | 28.32% | 18.11% | 48.91% | 30.12% | 20.63% | 2.79% | -45.48% | -49.39% | -50.8% | -32.28% | -6.09% | - | 5.67% |
| Operating Expenses | 85.28M | 31.85M | 43.07M | 50.91M | 50.91M | 49.62M | 39.44M | 41.46M | 39.79M | 35.4M | 38.59M | 39.45M | 36.95M | 36.25M | 38.03M | 35.98M | 34.68M | 38.45M | 30.67M | 37.37M |
| OpEx % of Revenue | 33.85% | 13.29% | 18.24% | 23.34% | 23.34% | 23.74% | 19.22% | 20.79% | 20.61% | 18.74% | 21.15% | 22.3% | 21.42% | 21.65% | 22.21% | 20.81% | 19.55% | 21.93% | 17.72% | 21.77% |
| Selling, General & Admin | 85.28M | 34.69M | 37.88M | 45.52M | 45.52M | 35.81M | 34.03M | 36.13M | 34.73M | 31.11M | 34.33M | 35.12M | 32.96M | 32.59M | 34.59M | 32.49M | 30.83M | 35.16M | 27.38M | 34.33M |
| SG&A % of Revenue | 33.85% | 14.47% | 16.04% | 20.87% | 20.87% | 17.13% | 16.59% | 18.12% | 17.99% | 16.47% | 18.81% | 19.85% | 19.1% | 19.46% | 20.2% | 18.8% | 17.38% | 20.05% | 15.82% | 20.01% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 0 | 16.1M | 8.29M | -10.16M | -10.16M | -12.56M | -4.9M | -4.88M | -5.79M | -1.78M | -10.72M | -10.94M | -8.17M | -13.68M | -16.6M | -12.35M | -6.67M | 2.95M | 11.66M | 10.67M |
| Operating Margin % | - | 6.72% | 3.51% | -4.66% | -4.66% | -6.01% | -2.39% | -2.45% | -3% | -0.95% | -5.87% | -6.19% | -4.73% | -8.17% | -9.7% | -7.14% | -3.76% | 1.68% | 6.74% | 6.22% |
| Operating Income Growth % | 100% | 228.23% | 269.3% | -108.03% | -75.35% | -603.42% | 54.32% | 55.37% | 29.09% | 86.95% | 35.45% | 11.38% | -22.42% | -563.26% | -242.39% | -215.74% | -24.36% | -85.62% | - | -47.11% |
| EBITDA | -25.46M | 20.98M | 13.37M | -4.77M | -4.77M | -7.24M | 514K | 446K | -731K | 2.5M | -6.45M | -6.61M | -4.18M | -10.02M | -13.17M | -8.86M | -2.82M | 6.25M | 14.95M | 13.7M |
| EBITDA Margin % | -10.1% | 8.75% | 5.66% | -2.19% | -2.19% | -3.46% | 0.25% | 0.22% | -0.38% | 1.33% | -3.53% | -3.74% | -2.42% | -5.98% | -7.69% | -5.12% | -1.59% | 3.56% | 8.64% | 7.98% |
| EBITDA Growth % | -433.49% | 389.91% | 2501.95% | -1169.96% | -552.8% | -388.86% | 107.97% | 106.75% | 82.5% | 125.01% | 51.03% | 25.38% | -47.96% | -260.42% | -188.08% | -164.66% | -37.37% | -73.46% | - | -40.82% |
| D&A (Non-Cash Add-back) | 4.82M | 4.88M | 5.08M | 5.39M | 5.39M | 5.32M | 5.41M | 5.33M | 5.06M | 4.29M | 4.27M | 4.33M | 3.99M | 3.66M | 3.43M | 3.49M | 3.85M | 3.29M | 3.29M | 3.03M |
| EBIT | 0 | 16.1M | 9.17M | -9.9M | -9.9M | -12.7M | -4.06M | 458K | -5.39M | -2.79M | -10.07M | -11.2M | -8.27M | -13.24M | -16.57M | -12.29M | -6.57M | 2.98M | 11.17M | 10.65M |
| Net Interest Income | 0 | -1.25M | -1.16M | -1.16M | -1.16M | -760K | -1.24M | -1.4M | -1.02M | -935K | -661K | -291K | -405K | -223K | -603K | -596K | -709K | -674K | -547K | 274K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 274K |
| Interest Expense | -988K | 1.25M | 1.16M | 1.16M | 1.16M | 760K | 1.24M | 1.4M | 1.02M | 935K | 661K | 291K | 405K | 223K | 603K | 596K | 709K | 674K | 547K | 0 |
| Other Income/Expense | 0 | -3.65M | -373K | -903K | -903K | -901K | -410K | 3.94M | -615K | -1.94M | -18K | -547K | -506K | 221K | -566K | -543K | -601K | -646K | -1.04M | 259K |
| Pretax Income | -29.77M | 12.46M | 7.92M | -11.06M | -11.06M | -13.46M | -5.31M | -946K | -6.41M | -3.73M | -10.74M | -11.49M | -8.68M | -13.46M | -17.17M | -12.89M | -7.27M | 2.31M | 10.62M | 10.93M |
| Pretax Margin % | -11.82% | 5.2% | 3.35% | -5.07% | -5.07% | -6.44% | -2.59% | -0.47% | -3.32% | -1.97% | -5.88% | -6.5% | -5.03% | -8.04% | -10.03% | -7.46% | -4.1% | 1.32% | 6.14% | 6.37% |
| Income Tax | 167K | 651K | 247K | 72K | 72K | 34K | 404K | 1.31M | -224K | 93K | 226K | 506K | -1.36M | -2.91M | -3.47M | 642K | -4.12M | 1.2M | 3M | 4.61M |
| Effective Tax Rate % | -0.56% | 5.23% | 3.12% | -0.65% | -0.65% | -0.25% | -7.61% | -138.27% | 3.5% | -2.49% | -2.11% | -4.4% | 15.73% | 21.64% | 20.21% | -4.98% | 56.59% | 52.06% | 28.21% | 42.21% |
| Net Income | -29.46M | 10.62M | 8.02M | -11.38M | -11.38M | -13.22M | -4.93M | -1.7M | -5.89M | -3.45M | -10.3M | -11.18M | -6.63M | -9.79M | -13.07M | -12.71M | -2.82M | 1.32M | 7.69M | 6.47M |
| Net Margin % | -11.69% | 4.43% | 3.4% | -5.22% | -5.22% | -6.33% | -2.4% | -0.85% | -3.05% | -1.82% | -5.65% | -6.32% | -3.84% | -5.85% | -7.64% | -7.35% | -1.59% | 0.75% | 4.44% | 3.77% |
| Net Income Growth % | -158.93% | 180.31% | 262.69% | -569.29% | -93.27% | -283.55% | 52.16% | 84.79% | 11.21% | 64.8% | 21.18% | 12.05% | -135.02% | -840.21% | -270.09% | -296.31% | 73.16% | -86.37% | - | -46.48% |
| Net Income (Continuing) | -29.46M | 11.8M | 7.67M | -11.13M | -11.13M | -13.49M | -5.71M | -2.25M | -6.18M | -3.82M | -10.96M | -11.99M | -7.31M | -10.55M | -13.7M | -13.53M | -3.16M | 1.11M | 7.62M | 6.32M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 26.11M | 31.98M | 30.79M | 27.94M | 29.74M | 29.5M | 29.77M | 30.55M | 17.17M | 17.47M | 17.84M | 30.55M | 19.32M | 20M | 20.75M | 21.38M | 22.2M | 25.1M | 22.76M | 23.41M |
| EPS (Diluted) | -0.22 | 0.08 | -0.08 | -0.08 | -0.08 | -0.10 | -0.04 | -0.01 | -0.04 | -0.03 | -0.08 | -0.08 | -0.05 | -0.08 | -0.10 | -0.09 | -0.02 | 0.01 | 0.06 | 0.05 |
| EPS Growth % | -161.28% | 177.9% | -100% | -540% | -110.5% | -233.33% | 50% | 84.83% | 25.79% | 61.44% | 20% | 8.44% | -169.5% | -878% | -266.67% | -280% | 77.78% | -86.28% | - | -44.01% |
| EPS (Basic) | -0.22 | 0.08 | -0.08 | -0.08 | -0.08 | -0.10 | -0.04 | -0.01 | -0.04 | -0.03 | -0.08 | -0.08 | -0.05 | -0.08 | -0.10 | -0.09 | -0.02 | 0.01 | 0.06 | 0.05 |
| Diluted Shares Outstanding | 135.7M | 136.35M | 135.2M | 135.2M | 135.2M | 135.44M | 135.77M | 136.02M | 135.91M | 135.89M | 135.79M | 135.63M | 135.6M | 135.58M | 135.57M | 134.02M | 135.52M | 135.52M | 135.52M | 135.52M |
| Basic Shares Outstanding | 135.7M | 135.69M | 135.2M | 135.2M | 135.2M | 135.44M | 135.77M | 136.02M | 135.91M | 135.89M | 135.79M | 135.63M | 135.6M | 135.58M | 135.57M | 134.02M | 135.52M | 135.52M | 135.52M | 135.52M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.65% |