---
schema_version: "secwatch.filing_event.v1"
accession: "0001834376-24-000021"
form_type: "8-K"
ticker: "INNV"
cik: "0001834376"
company_name: "InnovAge Holding Corp."
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T19:56:22.718188+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# InnovAge reports Q3 fiscal 2024 revenue up 12% YoY to $193.1M; net loss narrows to $0.04 EPS

## Summary
- Total revenue $193.1M, up 11.9% YoY from $172.5M; participant census 6,820 vs 6,310 (+8%).
- Net loss $6.2M vs $7.3M YoY; loss per share ($0.04) vs ($0.05), improvement of $0.01.
- Center-level contribution margin $34.0M, up 18.1% YoY; margin rate 17.6% vs 16.7%.
- Adjusted EBITDA $3.6M vs $3.8M YoY; margin 1.9% vs 2.2%, slight decrease.
- Cash & short-term investments $99.3M, debt $81.3M; ended Q3 with $54.1M cash + $45.2M ST investments.

## SEC filing metadata
- accession: 0001834376-24-000021
- form_type: 8-K
- ticker: INNV
- cik: 0001834376
- company_name: InnovAge Holding Corp.
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1834376/000183437624000021/0001834376-24-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1834376/000183437624000021/innv-20240507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001834376-24-000021
- JSON: https://secwatch.observer/filing/0001834376-24-000021.json
- Plain text: https://secwatch.observer/filing/0001834376-24-000021.txt

## Key facts
- Earnings Releases
  InnovAge Holding Corp. reported fiscal third quarter ended March 31, 2024 results: revenue $ 193,071, net income $(6,184), EPS $ (0.04).
  - Period: fiscal third quarter ended March 31, 2024
  - Revenue: $ 193,071
  - Net income: $(6,184)
  - EPS: $ (0.04)
  - Result: reported results
  source text: care.” Financial Results Three Months Ended March 31, Nine Months Ended March 31, 2024 2023 2024 2023 in thousands, except percentages and per share amounts Total revenues $ 193,071 $ 172,539 $ 564,454 $ 511,213 Loss Before Income Taxes (6,408) (8,675) (20,873) (39,304) Net Loss (6,184) (7,310) (20,967) (31,557) Net Loss margin (3.2) % (4.2) % (3.7) % (6.2) %
  evidence_url: https://www.sec.gov/Archives/edgar/data/1834376/000183437624000021/0001834376-24-000021-index.htm

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