Company / Working Capital
InnovAge Holding Corp. Working Capital History
FY2020-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$11.3M
FY2025
5-year range
$11.3M / $172.4M
FY2021-FY2025
Trend
-67.3%
vs FY2024
Sector context
#150 of 165
Health Care
What the data says
Among 165 Health Care companies, InnovAge Holding Corp. is in the bottom 9% for working capital. Working Capital has declined for 4 consecutive years, from $172M in FY2021 to $11M in FY2025.
Based on SEC 10-K filings.
$11M in FY2025 with a 5-year CAGR of -34.0%.
Declined from $67M to $11M over the past 2 years.
Health Care sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- -56.3%
- 5-Year CAGR
- -34.0%
- 10-Year CAGR
- -
Sector benchmark
Bottom 9% in Health CareTop 91% of 165This company $11.3M Sector average $814.4M
▼
-98.6% below sector average
Key checks
Key Insights
- InnovAge Holding Corp.'s working capital has declined for 4 consecutive years.
- 5-year CAGR of -34.0%, indicating a declining trend.
- In FY2025, working capital decreased 67.3% year-over-year.
- Ranks #150 out of 165 companies in the Health Care sector.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $11.3M | -67.3% |
| FY2024 | $34.5M | -48.3% |
| FY2023 | $66.8M | -50.8% |
| FY2022 | $135.6M | -21.3% |
| FY2021 | $172.4M | +90.9% |
| FY2020 | $90.3M | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026