6 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $854M | -$30M | 18.0% | -3.5% | $27M | $60M | $64M |
| 2024 | $764M | -$21M | 17.3% | -3.0% | -$45M | $66M | $57M |
| 2023 | $688M | -$41M | 14.7% | -7.2% | -$3M | $70M | $127M |
| 2022 | $699M | -$7M | 19.4% | -0.6% | -$11M | $74M | $184M |
| 2021 | $638M | -$44M | 0.0% | -1.9% | -$25M | $77M | $201M |
| 2020 | $567M | $26M | 0.0% | 9.0% | $32M | $212M | $113M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $252M | -$29M | 24.2% | -11.5% | $15M | $58M | $96M |
| Dec '25 | $240M | $11M | 22.0% | 5.5% | $19M | $59M | $83M |
| Sep '25 | $236M | $8M | 21.8% | 3.5% | -$153000 | $59M | $67M |
| Jun '25 | $221M | -$785000 | 18.6% | -1.0% | $9M | $60M | $64M |
| Mar '25 | $218M | -$11M | 18.7% | -4.7% | $22M | $63M | $60M |
| Dec '24 | $209M | -$13M | 17.7% | -6.0% | $5M | $64M | $46M |
| Sep '24 | $205M | -$5M | 16.8% | -2.4% | -$10M | $64M | $39M |
| Jun '24 | $199M | -$2M | 18.3% | -2.4% | -$1M | $66M | $57M |
| Mar '24 | $193M | -$6M | 17.6% | -3.0% | $3M | $66M | $54M |
| Dec '23 | $189M | -$3M | 17.8% | -0.9% | -$11M | $67M | $54M |
| Sep '23 | $182M | -$10M | 15.3% | -5.9% | -$36M | $68M | $88M |
| Jun '23 | $177M | -$11M | 16.1% | -6.2% | $9M | $70M | $127M |
| Mar '23 | $173M | -$7M | 16.7% | -4.7% | $24M | $69M | $122M |
| Dec '22 | $167M | -$10M | 13.5% | -8.2% | -$42M | $70M | $99M |
| Sep '22 | $171M | -$13M | 12.5% | -9.7% | $5M | $71M | $188M |
| Jun '22 | $173M | -$13M | 13.7% | -7.1% | -$15M | $74M | $184M |
| Mar '22 | $177M | -$3M | 15.8% | -3.8% | -$16M | $73M | $199M |
| Dec '21 | $175M | $1M | 0.0% | 1.7% | $2M | $74M | $216M |
| Sep '21 | $173M | $8M | 0.0% | 6.7% | $18M | $75M | $216M |
| Jun '21 | $172M | $6M | 0.0% | 6.2% | $6M | $77M | $201M |
How the market has priced INNV against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, InnovAge Holding Corp.'s revenue has grown 8.5% per year. These are computed facts, not advice.
As of FY2025, InnovAge Holding Corp. reported $60M of total debt against $64M of cash.
In FY2025, gross margin was 18.0%, operating margin -3.5%, and net margin -3.6%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.