Q4 FY2026 EarningsFY26 results outperformed consensus on the top line and margin, despite a significant GAAP EBIT miss driven by litigation charges. Revenue reached $989.7M vs. $966.1M expected, supported by a 7.8% increase in member months and a 7.6% rise in capitation rates. Gross margin of 23.0% beat the 22.5% mean estimate. However, GAAP EBIT of $2.6M fell far short of the $26.0M consensus due to a $37.0M litigation accrual related to DOJ investigations. Operating cash flow of $64.7M significantly beat the $29.5M expectation, reflecting improved working capital management.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Innovage(INNV) the Revenue is 261.95 M (+18.31%), Beat estimate;the EBIT is 10.15 M (+571.9%), Miss estimate;the EPS is 0.06 (+700%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.26B18.31%
0.24B7.61%
+0.02B10.70%
EBITMiss expectations
0.01B571.91%
0.01B689.15%
-0.00B117.24%
EPSMiss expectations
0.06700.00%
0.0747846.70%
-0.0147146.70%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf