earnings
confidence high
sentiment positive
materiality 0.70
InnovAge FY2026 revenue up 15.9% to $989.7M; net loss narrows to $0.7M from $35.3M
InnovAge Holding Corp.
- FY2026 total revenue $989.7M (+15.9% vs $853.7M FY2025); FY net loss improved 98% to $0.7M.
- Adjusted EBITDA $94.6M vs $34.5M (margin 9.6% vs 4.0%); center-level contribution margin $227.8M, +48.3%.
- Q4 FY2026 net income $9.8M, EPS $0.06, vs Q4 FY2025 net loss $5.0M, EPS -$0.01; revenue $262.0M vs $221.4M.
- Census rose to ~8,230 participants (+6.3% YoY); member months 96,050 vs 89,130.
- CEO Patrick Blair highlights 'exceptional year'; company positioned for FY2027 growth in PACE programs.