How InnovAge Holding makes money

Period

FY2026

How does InnovAge Holding make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

InnovAge Holding Corp. · FY2026 · year ended 2026-06-30

Revenue$990MNet loss$0 · 0%Cost of revenue$762M · 77%Gross profit$228M · 23%Operating expenses$225M · 23%SG&A$166M · 17%Selling & marketing$34M · 3%Other opex$24M · 2%Other expense$0 · 0%Capitation Revenue$988M · 100%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.