secwatch.observer — SEC 8-K summary
======================================

Issuer:     InnovAge Holding Corp. (INNV)
CIK:        0001834376
Form:       8-K
Filed at:   2025-09-09T23:59:59+00:00
Accession:  0001834376-25-000060
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1834376/000183437625000060/0001834376-25-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1834376/000183437625000060/innv-20250909.htm
  HTML page:      https://secwatch.observer/filing/0001834376-25-000060

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer