INNV

In the past six months, InnovAge's stock was impacted by several events. For Q3 Fiscal Year 2026, reported May 5, 2026, the company showed strong revenue growth but a larger net loss of $29.9 million due to significant litigation and settlement charges, with total revenues rising to $251.9 million and participant count around 8,050. For Q4 and Full Fiscal Year 2026, reported September 8, 2026, InnovAge announced strong fiscal year 2026 results with total revenues increasing by 15.9% to $989.7 million, a net income of $8.29 million for Q4, and a narrowed full-year net loss of $0.7 million. The company also provided fiscal 2027 guidance expecting revenues between $1.05 billion and $1.085 billion. In September 2026, a secondary offering by investment funds affiliated with Apax Partners and Welsh, Carson, Anderson & Stowe of 10 million shares at $9.25 per share caused InnovAge's stock to drop significantly, as the company itself did not sell shares or receive proceeds. In June 2026, InnovAge Holding Corp. was removed from the Russell 3000E Value Benchmark and Russell 3000 Value Benchmark. Over the past year, InnovAge's stock was up 118% as of September 22, 2026, and gained about 40% since May 31, 2026, due to improved financial performance.