InnovAge Holding Corp. (INNV) Stock

About InnovAge Holding Corp.

InnovAge Holding Corp. is led by CEO Patrick Blair, publicly traded since 2021.

InnovAge Holding Corp. (INNV) stock trades at $9.55 with a market capitalization of $1.30B. The stock is valued at a negative price-to-earnings (P/E) ratio of -433.23, reflecting a net loss over the last twelve months, price-to-book of 5.17, price-to-sales of 1.23. Over the past 52 weeks the stock has ranged between $3.94 and $12.64, and currently trades 24.4% below its 52-week high.

On profitability, InnovAge Holding Corp. generates a return on equity (ROE) of -1.05% (negative, reflecting a net loss), return on capital employed of 17.88%, an operating margin of 3.91%, a net profit margin of -0.26%.

InnovAge Holding Corp. by the numbers, 2019–2026

Between 2019 and 2026 InnovAge Holding Corp. reported revenue of $466.0M rising to $990.0M, a change of +112.4% across 8 years. Compounded, revenue has grown 9.2% a year over five years, 12.9% over three, 15.9% over the last twelve months. Net profit fell to $-3.0M.

Operating margin went from 8.5% in 2019 to 6.7% in 2026, a fall of 1.8 percentage points. The most recent net margin is -0.26%. On a trailing twelve-month basis to Jun '26, revenue is $990.0M and net profit $-2.0M.

Borrowings fell from $195.0M to $87.0M, cash from operations was $65.0M in the latest year, positive in 5 of the last 8.

Return on equity has averaged -7.8% over five years, and was -1.3% in the most recent year.

The share price itself has compounded at -16.4% a year over five years, 8.5% over three, 160.6% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

InnovAge Holding Corp. (INNV) — frequently asked questions