InnovAge Reports Fiscal Q1 2027 Revenue of $264.8 Million
Revenue rose 12.1% year over year and income before taxes increased 153.1% to $20.0 million. Diluted EPS was $0.14 versus analyst expectations of $0.09. Fiscal 2027 revenue guidance is $1.05 billion to $1.09 billion.
InnovAge Holding Corp. reported total revenues of $264.8 million for the fiscal first quarter ended September 30, 2026, representing a 12.1% increase compared to the same period in the prior fiscal year. The company's income before income taxes rose to $20.0 million, a 153.1% increase year-over-year. Diluted earnings per share were reported at $0.14, surpassing analyst expectations of $0.09.
As of September 30, 2026, the company served approximately 8,420 participants across 20 centers in six states. Additionally, the company provided fiscal 2027 revenue guidance in the range of $1.05 billion to $1.09 billion.