InnovAge Holding Corp. (INNV) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
8950 E. LOWRY BOULEVARD DENVER, CO 80230 |
| State of Incorp. | DE |
| Fiscal Year End | June 30 |
| Industry (SIC) | 80 - Health Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2025 MRQ | 6/30/2025 | 12/31/2024 MRQ | 6/30/2024 | 6/30/2023 | 6/30/2022 | 6/30/2021 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 105,904 | 86,853 | 102,779 | 173,462 | 184,429 | 201,466 | |||
| Cash and cash equivalent | 64,129 | 46,078 | 56,946 | 127,249 | 184,429 | 201,466 | |||
| Short-term investments | 41,775 | 40,775 | 45,833 | 46,213 | |||||
| Restricted cash and investments | 11 | 13 | 14 | 16 | 17 | 2,234 | |||
| Receivables | 39,683 | 53,083 | 51,430 | 24,606 | 42,668 | 37,983 | |||
| Prepaid expense | 24,472 | 28,003 | 18,919 | 17,145 | 13,842 | 9,249 | |||
| Disposal group, including discontinued operation | 6,038 | ||||||||
| Total current assets: | 176,108 | 167,952 | 173,142 | 215,229 | 240,956 | 250,932 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 13,403 | 14,182 | 15,908 | 16,378 | |||||
| Operating lease, right-of-use asset | 26,901 | 25,293 | 28,416 | 21,210 | |||||
| Property, plant and equipment | 176,260 | 142,715 | |||||||
| Long-term investments and receivables | 2,645 | 2,645 | 5,493 | 5,493 | 2,645 | ||||
| Long-term investments | 2,645 | 2,645 | 5,493 | 5,493 | 2,645 | ||||
| Intangible assets, net (including goodwill) | 145,923 | 144,157 | 144,487 | 129,415 | 130,075 | 130,735 | |||
| Goodwill | 142,046 | 139,949 | 139,949 | 124,217 | 124,217 | 124,217 | |||
| Intangible assets, net (excluding goodwill) | 3,877 | 4,208 | 4,538 | 5,198 | 5,858 | 6,518 | |||
| Other undisclosed noncurrent assets | 164,516 | 170,555 | 183,063 | 179,633 | 2,812 | 4,725 | |||
| Total noncurrent assets: | 350,743 | 356,832 | 374,519 | 352,129 | 314,640 | 280,820 | |||
| TOTAL ASSETS: | 526,851 | 524,784 | 547,661 | 567,358 | 555,596 | 531,752 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 76,750 | 58,048 | 55,459 | 54,935 | 50,562 | 32,361 | |||
| Accrued liabilities | 1,212 | ||||||||
| Other undisclosed accounts payable and accrued liabilities | 76,750 | 58,048 | 55,459 | 53,723 | 50,562 | 32,361 | |||
| Deferred revenue | 28,115 | ||||||||
| Debt | 7,484 | 9,041 | 8,394 | 8,517 | 7,161 | 5,869 | |||
| Disposal group, including discontinued operation | 2,538 | ||||||||
| Other undisclosed current liabilities | 78,035 | 77,884 | 74,746 | 56,883 | 47,584 | 40,335 | |||
| Total current liabilities: | 164,807 | 144,973 | 138,599 | 148,450 | 105,307 | 78,565 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 64,999 | 68,760 | 74,221 | 77,958 | 77,650 | 76,764 | |||
| Long-term debt, excluding current maturities | 57,464 | 59,795 | 61,478 | 64,844 | 68,210 | 71,574 | |||
| Finance lease, liability | 7,535 | 8,965 | 12,743 | 13,114 | 9,440 | 5,190 | |||
| Liabilities, other than long-term debt | 34,137 | 33,098 | 35,033 | 26,150 | 18,895 | 18,458 | |||
| Deferred income tax liabilities | 8,761 | 7,896 | 7,460 | 6,236 | 17,761 | 15,700 | |||
| Other liabilities | 1,458 | 1,353 | 1,298 | 1,086 | 1,134 | 2,758 | |||
| Operating lease, liability | 23,918 | 23,849 | 26,275 | 18,828 | |||||
| Total noncurrent liabilities: | 99,136 | 101,858 | 109,254 | 104,108 | 96,545 | 95,222 | |||
| Total liabilities: | 263,943 | 246,831 | 247,853 | 252,558 | 201,852 | 173,787 | |||
| Temporary equity, including noncontrolling interest | 25,010 | 21,611 | 22,200 | 12,708 | 15,278 | ||||
| Equity | |||||||||
| Equity, attributable to parent | 234,968 | 248,457 | 269,261 | 296,299 | 332,364 | 335,146 | |||
| Common stock | 137 | 136 | 136 | 136 | 136 | 136 | |||
| Treasury stock, value | (7,500) | (6,092) | (179) | ||||||
| Additional paid in capital | 343,378 | 340,874 | 337,615 | 332,107 | 327,499 | 323,760 | |||
| Retained earnings (accumulated deficit) | (101,047) | (86,461) | (68,311) | (35,944) | 4,729 | 11,250 | |||
| Equity, attributable to noncontrolling interest | 2,930 | 7,885 | 8,347 | 5,793 | 6,102 | 22,819 | |||
| Total equity: | 237,898 | 256,342 | 277,608 | 302,092 | 338,466 | 357,965 | |||
| TOTAL LIABILITIES AND EQUITY: | 526,851 | 524,784 | 547,661 | 567,358 | 555,596 | 531,752 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2025 TTM | 6/30/2025 | 12/31/2024 TTM | 6/30/2024 | 6/30/2023 | 6/30/2022 | 6/30/2021 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 853,699 | 806,613 | 763,855 | 688,087 | 698,640 | 637,800 | ||
| Cost of revenue | (733,185) | (685,552) | (650,741) | (602,218) | (570,006) | (495,568) | ||
| Cost of product and service sold | (268,908) | (246,658) | (228,781) | (212,271) | (180,222) | (154,403) | ||
| Other undisclosed gross profit | 33,125 | 21,120 | 18,950 | 15,419 | ||||
| Gross profit: | 153,639 | 142,181 | 132,064 | 101,288 | 128,634 | 142,232 | ||
| Operating expenses | (150,275) | (149,189) | (136,294) | (135,264) | (133,040) | (154,569) | ||
| Other operating expense, net | (18,211) | |||||||
| Other undisclosed operating income (loss) | (33,125) | (21,120) | (18,950) | (15,419) | 18,211 | |||
| Operating loss: | (29,761) | (28,128) | (23,180) | (49,395) | (4,406) | (12,337) | ||
| Nonoperating income (expense) | (4,266) | 2,011 | 1,361 | (1,398) | (2,831) | (22,632) | ||
| Investment income, nonoperating | (1,393) | 2,842 | 10,871 | |||||
| Other nonoperating income (expense) | 1,739 | 1,201 | 2,542 | 124 | (305) | (2,237) | ||
| Interest and debt expense | (1,022) | (2,526) | (31,266) | |||||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 2,619 | |||||||
| Loss from continuing operations before equity method investments, income taxes: | (34,027) | (24,520) | (21,819) | (50,793) | (9,763) | (66,235) | ||
| Loss from equity method investments | (1,343) | |||||||
| Loss from continuing operations before income taxes: | (34,027) | (24,520) | (21,819) | (50,793) | (9,763) | (67,578) | ||
| Income tax expense (benefit) | (1,316) | (1,522) | (1,402) | 7,241 | (723) | (9,771) | ||
| Loss from continuing operations: | (35,343) | (26,042) | (23,221) | (43,552) | (10,486) | (77,349) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | ✕ | (10,486) | (77,349) | |
| Other undisclosed net income (loss) | (1,597) | 2,526 | 32,609 | |||||
| Net loss: | (35,343) | (27,639) | (23,221) | (43,552) | (7,960) | (44,740) | ||
| Net income attributable to noncontrolling interest | 5,030 | 1,902 | 1,883 | 2,879 | 1,439 | 754 | ||
| Net loss available to common stockholders, diluted: | (30,313) | (25,737) | (21,338) | (40,673) | (6,521) | (43,986) | ||
Comprehensive Income ($ in thousands)
| 9/30/2025 TTM | 6/30/2025 | 12/31/2024 TTM | 6/30/2024 | 6/30/2023 | 6/30/2022 | 6/30/2021 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (35,343) | (27,639) | (23,221) | (43,552) | (7,960) | (44,740) | ||
| Net income (loss) attributable to redeemable noncontrolling interest | (387) | 589 | ✕ | ✕ | ✕ | ✕ | ||
| Comprehensive loss: | (35,343) | (27,639) | (23,221) | (43,552) | (7,960) | (44,740) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 5,030 | 1,902 | 1,883 | 2,879 | 1,439 | 754 | ||
| Comprehensive loss, net of tax, attributable to parent: | (30,313) | (25,737) | (21,338) | (40,673) | (6,521) | (43,986) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.