InnovAge Holding Corp. announced strong financial results for the fiscal second quarter ending December 31, 2025. Total revenues reached $239.7 million, a 14.7% increase from the previous year. Income Before Income Taxes rose to $12.5 million, a significant improvement from a loss of $13.5 million in 2024. Adjusted EBITDA also increased to $22.2 million, with a margin of 9.2%. Net income was $11.8 million, compared to a loss of $13.5 million in 2024.
Looking ahead, InnovAge has raised its full-year fiscal 2026 financial guidance, with total revenues expected to range from $925 to $950 million, and Adjusted EBITDA projected between $70 to $75 million. The company also expects the ending census to remain between 7,900 and 8,100 participants.
Investors can access more detailed financial information and non-GAAP measures in the company’s reports. InnovAge’s patient-centered care model through the Program of All-inclusive Care for the Elderly aims to improve quality of care while reducing high-cost care settings. As of December 31, 2025, the company served approximately 8,010 participants across 20 centers in six states.
InnovAge will host a conference call to discuss these results at 5:00 PM Eastern Time. A live webcast and replay will be available on the company’s website. For more information, investors can contact Ryan Kubota at [email protected] or Lara Hazenfield at [email protected].
Forward-Looking Statements included in the press release caution that actual results may differ from expectations due to uncertainties and external factors. InnovAge’s financial guidance may be impacted by various factors outside the company’s control. The company advises against placing undue reliance on forward-looking statements and encourages review of risk factors in SEC filings.
InnovAge’s non-GAAP financial measures, including Center-level Contribution Margin and Adjusted EBITDA, provide insights into operating performance and trends. These metrics help evaluate core performance and track results consistently across periods. Adjusted EBITDA margin and Center-level Contribution Margin as a percentage of revenue are key indicators of financial health and operational efficiency.
Read more at GlobeNewswire: InnovAge Announces Financial Results for the Fiscal Second