In Q3 FY2026 (ended March 31, 2026), InnovAge reported revenue of $251.9M, up 15.5% year-over-year. Net loss widened to $29.5M from $11.4M a year ago, and operating income turned negative at $29.1M. Diluted EPS was -$0.22, compared to -$0.08 in the prior year. Cash and equivalents stood at $95.5M, with total equity of $229.0M and long-term debt of $55.4M.
•Revenue grew 15.5% YoY to $251.9M.
•Net loss increased to $29.5M from $11.4M.
•Operating loss of $29.1M vs. operating income of $33.7M a year ago.
•EPS diluted was -$0.22, down from -$0.08.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
InnovAge Holding Corp. manages and provides a range of medical and ancillary services for seniors in need of care and support to live independently in its homes and communities.
It manages its business through Program of All-Inclusive Care for the Elderly (PACE) approach, as well as in-home care services consisting of skilled, unskilled, and personal care.
Its portfolio also includes in-center services, such as primary care, physical therapy, occupational therapy, speech therapy, dental services, mental health and psychiatric services, meals, and activities, transportation to and from the PACE center and third-party medical appointments, and care management.
The company serves participants in the United States; and operates PACE centers in Colorado, California, New Mexico, Pennsylvania, Florida, and Virginia. Founded in 1989 and headquartered in Denver, Colorado, InnovAge was formerly known as TCO Group Holdings, Inc. before rebranding in January 2021.
InnovAge Holding Corp. manages and provides a comprehensive range of medical and ancillary services for seniors who need care and support to live independently in their homes and communities. The company operates primarily through the Program of All-Inclusive Care for the Elderly (PACE) approach, which coordinates all necessary medical, social, and long-term care services for participants. Its services include in-home care such as skilled nursing, unskilled care, and personal care, as well as in-center services like primary care, physical therapy, occupational therapy, speech therapy, dental services, mental health and psychiatric services, meals, activities, transportation to and from PACE centers and third-party medical appointments, and care management. InnovAge serves participants across the United States, operating PACE centers in Colorado, California, New Mexico, Pennsylvania, Florida, and Virginia.
On which stock exchange is InnovAge Holding Corp. listed and in what currency?
InnovAge Holding Corp. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol INNV. The company trades in U.S. dollars (USD), which is the official currency of the United States where the company is headquartered and primarily operates. As a U.S.-based healthcare company, its financial reporting and stock transactions are conducted in USD, making it accessible to investors trading on U.S. exchanges.
What sector and industry does InnovAge Holding Corp. belong to?
InnovAge Holding Corp. operates in the Healthcare sector, specifically within the Medical Care Facilities industry. This classification reflects the company's focus on providing medical and ancillary services to seniors through its PACE centers and in-home care programs. As a medical care facilities provider, InnovAge manages physical locations (PACE centers) and delivers coordinated care that includes primary care, therapy, dental services, and transportation, all aimed at helping elderly individuals live independently. The Healthcare sector encompasses a wide range of services, and InnovAge's niche in senior care aligns with the growing demand for integrated, community-based care models.
Where is InnovAge Holding Corp. headquartered and what markets does it serve?
InnovAge Holding Corp. is headquartered in Denver, Colorado, United States. The company serves participants across the United States, with PACE centers operating in six states: Colorado, California, New Mexico, Pennsylvania, Florida, and Virginia. These centers provide comprehensive care under the Program of All-Inclusive Care for the Elderly (PACE) model, which is designed to support seniors who need assistance to live independently. By focusing on these geographic regions, InnovAge addresses the needs of elderly populations in both urban and suburban communities, offering a range of services from in-home care to center-based medical and social activities.
What is the business model of InnovAge Holding Corp. and how does it generate revenue?
InnovAge Holding Corp. generates revenue by managing and providing medical and ancillary services to seniors through its Program of All-Inclusive Care for the Elderly (PACE) approach. Under this model, the company receives capitated payments from Medicare and Medicaid to coordinate and deliver all necessary healthcare and support services for enrolled participants. This includes in-home care (skilled nursing, personal care) and in-center services (primary care, therapy, dental, mental health, meals, transportation, and care management). By integrating these services, InnovAge aims to reduce hospitalizations and nursing home placements while allowing seniors to live independently. The company operates PACE centers in Colorado, California, New Mexico, Pennsylvania, Florida, and Virginia, and its revenue is primarily derived from government-funded healthcare programs.