---
schema_version: "secwatch.filing_event.v1"
accession: "0001834376-25-000060"
form_type: "8-K"
ticker: "INNV"
cik: "0001834376"
company_name: "InnovAge Holding Corp."
filed_at: "2025-09-09T23:59:59+00:00"
generated_at: "2026-05-17T07:21:17.452733+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# InnovAge FY2025 revenue up 12% to $853.7M; net loss widens to $30.3M

## Summary
- FY2025 revenue $853.7M (+11.8% YoY); net loss attributable $30.3M ($0.22 loss per share).
- Adjusted EBITDA rose to $34.5M (4.0% margin) from $16.5M (2.2% margin) in FY2024.
- Center-level Contribution Margin $153.6M (18.0% of revenue) vs $132.1M (17.3%) prior year.
- Participant census grew to ~7,740 from ~7,020 year-over-year.
- CEO Patrick Blair cites 'responsible growth' and expects FY2026 momentum to continue.

## SEC filing metadata
- accession: 0001834376-25-000060
- form_type: 8-K
- ticker: INNV
- cik: 0001834376
- company_name: InnovAge Holding Corp.
- filed_at: 2025-09-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1834376/000183437625000060/0001834376-25-000060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1834376/000183437625000060/innv-20250909.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001834376-25-000060
- JSON: https://secwatch.observer/filing/0001834376-25-000060.json
- Plain text: https://secwatch.observer/filing/0001834376-25-000060.txt

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