InnovAge Holding Corp.
INNV · Services-Health Services · 135.7M shares · +0%/yr ↑ dilution · EDGAR filings ↗
Net buyback after stock comp: $71M (gross $78M, SBC $7M)
Reference price $4.90 · est. market cap ~$665M — last insider sale, 2025-11-14 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C58InnovAge Holding — PACE (all-inclusive elderly care) provider near breakeven.
Strengths
- Revenue +12%; net loss narrowing (73rd pct); positive free cash flow (70th)
Risks
- Operating loss; ROE -13% (12th pct)
- Census-growth, regulatory (PACE) and capacity-expansion risk
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Net lossNet loss (net margin -3.6%)
- Strong balance sheetStrong balance sheet — $106M cash & investments
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
18.0%
Operating margin
-3.5%
Net margin
-3.6%
Return on equity
-12.9%
Return on assets
-5.8%
ROIC
-8.0%
Revenue growth (QoQ)
5.1%
Debt / equity
0.2×
Current ratio
1.1×
Free cash flow
$27M
EBITDA
-$10M
Tangible book value
$89M
Cash & investments
$106M
Stock comp / revenue
0.9%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-08 | Browne Jennifer | Grant | 68K | — |
| 2026-06-06 | DAMATO NICOLE | Tax withheld | 8.0K | $7.30 |
| 2026-06-06 | BLAIR PATRICK T | Tax withheld | 10K | $7.30 |
| 2026-06-05 | BLAIR PATRICK T | Tax withheld | 12K | $7.30 |
| 2026-06-04 | DAMATO NICOLE | Tax withheld | 15K | $7.20 |
| 2025-12-01 | BLAIR PATRICK T | Tax withheld | 5.1K | $5.47 |
| 2025-11-14 | SCARBROUGH MICHAEL ANTHONY | Sell | 33K | $4.90 |
| 2025-09-01 | BLAIR PATRICK T | Tax withheld | 5.1K | $3.83 |
| 2025-08-15 | DAMATO NICOLE | Tax withheld | 14K | $3.43 |
| 2025-07-16 | BLAIR PATRICK T | Grant | 137K | — |
| 2025-07-15 | SCARBROUGH MICHAEL ANTHONY | Grant | 120K | — |
| 2025-07-15 | DAMATO NICOLE | Grant | 126K | — |
| 2025-07-01 | Bush John Ellis | Grant | 25K | — |
| 2025-07-01 | ZORETIC RICHARD C | Grant | 25K | — |
| 2025-07-01 | TAVENNER MARILYN B | Grant | 25K | — |
| 2025-07-01 | Sparks Teresa | Grant | 25K | — |
| 2025-07-01 | Kennedy Edward Moore Jr. | Grant | 25K | — |
| 2025-07-01 | FONTNEAU PATRICIA | Grant | 25K | — |
| 2025-07-01 | CARLSON JAMES G | Grant | 25K | — |
| 2025-06-06 | DAMATO NICOLE | Tax withheld | 8.1K | $4.02 |
| 2025-06-06 | BLAIR PATRICK T | Tax withheld | 10K | $4.02 |
| 2025-06-05 | BLAIR PATRICK T | Tax withheld | 12K | $3.97 |
| 2025-06-04 | DAMATO NICOLE | Tax withheld | 15K | $3.96 |
| 2025-06-01 | BLAIR PATRICK T | Tax withheld | 3.3K | $4.09 |
| 2025-05-30 | ZORETIC RICHARD C | Buy | 8.4K | $4.08 |
| 2025-05-29 | ZORETIC RICHARD C | Buy | 14K | $4.04 |
| 2025-05-28 | ZORETIC RICHARD C | Buy | 20K | $4.06 |
| 2025-05-23 | ZORETIC RICHARD C | Buy | 1.2K | $3.93 |
| 2025-05-22 | ZORETIC RICHARD C | Buy | 700 | $4.09 |
| 2025-05-21 | ZORETIC RICHARD C | Buy | 1.1K | $4.13 |
| 2025-05-20 | ZORETIC RICHARD C | Buy | 807 | $4.20 |
| 2025-05-16 | ZORETIC RICHARD C | Buy | 2.1K | $4.28 |
| 2025-05-13 | SCARBROUGH MICHAEL ANTHONY | Buy | 10K | $3.89 |
| 2025-05-12 | SCARBROUGH MICHAEL ANTHONY | Buy | 13K | $3.73 |
| 2025-05-09 | SCARBROUGH MICHAEL ANTHONY | Buy | 10K | $3.55 |
| 2025-03-01 | BLAIR PATRICK T | Tax withheld | 3.8K | $3.25 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-18 | 2026-05-18 | 0001834376-26-000027 ↗ |
| 8-K | 2026-05-12 | 2026-05-11 | 0001834376-26-000025 ↗ |
| 10-Q | 2026-05-08 | 2026-03-31 | 0001834376-26-000022 ↗ |
| 8-K | 2026-05-05 | 2026-05-05 | 0001834376-26-000018 ↗ |
| 8-K | 2026-03-17 | 2026-03-17 | 0001834376-26-000016 ↗ |
| 8-K | 2026-02-03 | 2026-02-03 | 0001834376-26-000012 ↗ |
| 10-Q | 2026-02-03 | 2025-12-31 | 0001834376-26-000013 ↗ |
| 8-K | 2026-01-29 | 2026-01-28 | 0001834376-26-000005 ↗ |
| 8-K | 2026-01-12 | 2026-01-12 | 0001834376-26-000003 ↗ |
| 8-K | 2025-12-04 | 2025-12-04 | 0001834376-25-000078 ↗ |
| 8-K | 2025-11-04 | 2025-11-04 | 0001834376-25-000072 ↗ |
| 10-Q | 2025-11-04 | 2025-09-30 | 0001834376-25-000074 ↗ |