---
schema_version: "secwatch.filing_event.v1"
accession: "0001834376-23-000016"
form_type: "8-K"
ticker: "INNV"
cik: "0001834376"
company_name: "InnovAge Holding Corp."
filed_at: "2023-09-12T23:59:59+00:00"
generated_at: "2026-06-10T21:18:35.855666+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# InnovAge reports FY2023 net loss of $40.7M; revenue down 1.5% to $688.1M

## Summary
- Q4 total revenue $176.9M, net loss $11.2M ($0.09 loss per share); adjusted EBITDA $0.7M.
- FY2023 total revenue $688.1M (down 1.5% YoY), net loss $40.7M vs $6.5M loss in FY2022.
- Center-level contribution margin fell 25% to $101.3M, 14.7% of revenue vs 19.4% in FY2022.
- Participant census ~6,400, down from 6,650; adjusted EBITDA margin negative 0.2%.
- CEO cites "strongest foundation" and expects responsible, profitable growth in fiscal 2024.

## SEC filing metadata
- accession: 0001834376-23-000016
- form_type: 8-K
- ticker: INNV
- cik: 0001834376
- company_name: InnovAge Holding Corp.
- filed_at: 2023-09-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1834376/000183437623000016/0001834376-23-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1834376/000183437623000016/innv-20230912.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001834376-23-000016
- JSON: https://secwatch.observer/filing/0001834376-23-000016.json
- Plain text: https://secwatch.observer/filing/0001834376-23-000016.txt

## Key facts
- Earnings Releases
  InnovAge Holding Corp. reported financial results for the fiscal fourth quarter and full year ended June 30, 2023.
  - Period: the fiscal fourth quarter and full year ended June 30, 2023
  - Result: reported results
  source text: On September 12, 2023, InnovAge Holding Corp. issued a press release announcing financial results for the fiscal fourth quarter and full year ended June 30, 2023, and related matters.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1834376/000183437623000016/0001834376-23-000016-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.