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InnovAge's peak revenue was $763.9M in 2024. The peak quarterly revenue was $209.0M in 2025(q2).
InnovAge's revenue increased from $567.2m in 2020 to $763.9M currently. That's a 34.67% change in annual revenue.
| Fiscal year / year | InnovAge revenue |
|---|---|
| 2020 | $567.2M |
| 2021 | $637.8M |
| 2022 | $698.6M |
| 2023 | $688.1M |
| 2024 | $763.9M |
How accurately did InnovAge's revenue projections match actual performance?
InnovAge saw the greatest revenue growth in 2021, when revenue increased by 12.45%.
InnovAge had the lowest revenue growth in 2023, when revenue changed by -1.51%.
| Year | InnovAge growth |
|---|---|
| 2021 | 12%↑ |
| 2022 | 10%↑ |
| 2023 | -2%↓ |
| 2024 | 11%↑ |
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2021 | - | - | $156.3M | $171.6M |
| 2022 | $173.1M | $175.4M | $177.4M | $172.9M |
| 2023 | $171.2M | $167.5M | $172.5M | $176.9M |
| 2024 | $182.5M | $188.9M | $193.1M | $199.4M |
| 2025 | $205.1M | $209.0M | - | - |
Do you work at InnovAge?
Did InnovAge meet its revenue projections?
| CEO | Patrick Blair |
| Industry | Health Care Equipment & Services |
| Company Type | Private |
| Employees Number | 585 |
| Date Founded | 1990 |
| Headquarters | Denver, Colorado |
| Number of Locations | 5 |
| Revenue | $763.9M |
| Net Income | -$40,673,000 |
| Gross Proft | $132.1M (2024) |
| EBITDA | $3.0M (2024) |
| Tax Rate | -0.1% |
| Total Assets | $567,358,000 |
| Ticker | INNV |
InnovAge's top competitor, Cornerstone Healthcare Group, earned an annual revenue of $469.0M.
InnovAge's smallest competitor is Family Care Health Center with revenue of $500.0K last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Homme Home of Wittenberg | - | $10.0M | 6 | - |
| Legacy Senior Services | - | $50.0M | 50 | - |
| Mission Nursing Home | - | $10.0M | 6 | - |
| Cross Road Medical Center | - | $1.9M | 50 | - |
| Independence Care System | - | $374.0M | 1 | - |
| Cornerstone Healthcare Group | - | $469.0M | 3,000 | - |
| Southern Hills Counseling Center | - | $8.4M | 100 | - |
| Signature Health | - | $10.9M | 800 | - |
| Family Care Health Center | - | $500,000 | 50 | - |
| Spectrum Healthcare | - | $5.0M | 125 | - |
Zippia gives an in-depth look into the details of InnovAge, including salaries, political affiliations, employee data, and more, in order to inform job seekers about InnovAge. The employee data is based on information from people who have self-reported their past or current employments at InnovAge. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by InnovAge. The data presented on this page does not represent the view of InnovAge and its employees or that of Zippia.
InnovAge may also be known as or be related to InnovAge, TOTAL COMMUNITY OPTIONS INC, Total Community Options Inc and Total Community Options, Inc.