InnovAge Holding Corp. (INNV) reported a substantial financial turnaround for Q1 FY2026 (3 months ended September 30, 2025). The company swung to Net Income of approximately \(7.7 million to \)8.0 million, compared to a net loss in the prior year period. Operating Income reached \(8.3 million, recovering from a \)4.9 million loss YoY. Total Revenues grew 15.1% to \(236.1 million, driven by higher capitation rates and a 9.9% increase in member months (Census: 7,890). Operational efficiency improved markedly, with Center-Level Contribution Margin expanding to 21.8% from 16.8%. Diluted EPS was \)0.06 v
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