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Side-by-side financial comparison of Alps Group Inc (ALPS) and InnovAge Holding Corp. (INNV). Click either name above to swap in a different company.

InnovAge Holding Corp. is the larger business by last-quarter revenue ($239.7M vs $2.2M, roughly 109.0× Alps Group Inc). InnovAge Holding Corp. produced more free cash flow last quarter ($19.0M vs $-804.3K).

Alps Group Inc is a global electronic components manufacturer offering automotive sensors, semiconductor parts, input devices, industrial components and healthcare electronic modules. It serves automotive, consumer electronics, industrial and healthcare segments across Asia, Europe and North America.

InnovAge Holding Corp is a leading U.S. senior care provider, primarily operating the Program of All-Inclusive Care for the Elderly (PACE). It offers integrated medical care, social support, and daily living assistance to help eligible older adults stay in their homes instead of nursing facilities, serving users across multiple U.S. states.

ALPS vs INNV — Head-to-Head

Bigger by revenue
INNV
INNV
109.0× larger
INNV
$239.7M
$2.2M
AL
More free cash flow
INNV
INNV
$19.8M more FCF
INNV
$19.0M
$-804.3K
AL

Income Statement — Q3 2025 vs Q2 2026

Metric
AL
ALPS
INNV
INNV
Revenue
$2.2M
$239.7M
Net Profit
$10.6M
Gross Margin
42.0%
22.0%
Operating Margin
-54.2%
5.5%
Net Margin
4.4%
Revenue YoY
14.7%
Net Profit YoY
180.3%
EPS (diluted)
$0.08

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AL
ALPS
INNV
INNV
Q4 25
$239.7M
Q3 25
$2.2M
$236.1M
Q2 25
$221.4M
Q1 25
$218.1M
Q4 24
$209.0M
Q3 24
$205.1M
Q2 24
$199.4M
Q1 24
$193.1M
Net Profit
AL
ALPS
INNV
INNV
Q4 25
$10.6M
Q3 25
$8.0M
Q2 25
$-785.0K
Q1 25
$-11.4M
Q4 24
$-13.2M
Q3 24
$-4.9M
Q2 24
$-1.7M
Q1 24
$-5.9M
Gross Margin
AL
ALPS
INNV
INNV
Q4 25
22.0%
Q3 25
42.0%
21.8%
Q2 25
18.6%
Q1 25
18.7%
Q4 24
17.7%
Q3 24
16.8%
Q2 24
18.3%
Q1 24
17.6%
Operating Margin
AL
ALPS
INNV
INNV
Q4 25
5.5%
Q3 25
-54.2%
3.5%
Q2 25
-1.0%
Q1 25
-4.7%
Q4 24
-6.0%
Q3 24
-2.4%
Q2 24
-2.4%
Q1 24
-3.0%
Net Margin
AL
ALPS
INNV
INNV
Q4 25
4.4%
Q3 25
3.4%
Q2 25
-0.4%
Q1 25
-5.2%
Q4 24
-6.3%
Q3 24
-2.4%
Q2 24
-0.9%
Q1 24
-3.0%
EPS (diluted)
AL
ALPS
INNV
INNV
Q4 25
$0.08
Q3 25
$0.06
Q2 25
$0.00
Q1 25
$-0.08
Q4 24
$-0.10
Q3 24
$-0.04
Q2 24
$-0.01
Q1 24
$-0.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AL
ALPS
INNV
INNV
Cash + ST InvestmentsLiquidity on hand
$126.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$256.8M
Total Assets
$527.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AL
ALPS
INNV
INNV
Q4 25
$126.0M
Q3 25
$109.4M
Q2 25
$105.9M
Q1 25
$101.7M
Q4 24
$86.9M
Q3 24
$85.7M
Q2 24
$102.8M
Q1 24
$99.3M
Total Debt
AL
ALPS
INNV
INNV
Q4 25
Q3 25
Q2 25
$60.0M
Q1 25
Q4 24
Q3 24
Q2 24
$66.0M
Q1 24
Stockholders' Equity
AL
ALPS
INNV
INNV
Q4 25
$256.8M
Q3 25
$245.0M
Q2 25
$235.0M
Q1 25
$238.0M
Q4 24
$248.5M
Q3 24
$260.9M
Q2 24
$269.3M
Q1 24
$281.1M
Total Assets
AL
ALPS
INNV
INNV
Q4 25
$527.5M
Q3 25
$510.2M
Q2 25
$526.9M
Q1 25
$536.6M
Q4 24
$524.8M
Q3 24
$527.7M
Q2 24
$547.7M
Q1 24
$527.4M
Debt / Equity
AL
ALPS
INNV
INNV
Q4 25
Q3 25
Q2 25
0.26×
Q1 25
Q4 24
Q3 24
Q2 24
0.25×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AL
ALPS
INNV
INNV
Operating Cash FlowLast quarter
$-731.7K
$21.4M
Free Cash FlowOCF − Capex
$-804.3K
$19.0M
FCF MarginFCF / Revenue
-36.6%
7.9%
Capex IntensityCapex / Revenue
3.3%
1.0%
Cash ConversionOCF / Net Profit
2.01×
TTM Free Cash FlowTrailing 4 quarters
$49.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AL
ALPS
INNV
INNV
Q4 25
$21.4M
Q3 25
$-731.7K
$3.9M
Q2 25
$9.0M
Q1 25
$24.6M
Q4 24
$6.8M
Q3 24
$-7.5M
Q2 24
$1.9M
Q1 24
$3.5M
Free Cash Flow
AL
ALPS
INNV
INNV
Q4 25
$19.0M
Q3 25
$-804.3K
$-153.0K
Q2 25
$8.8M
Q1 25
$21.7M
Q4 24
$5.4M
Q3 24
$-9.7M
Q2 24
$-1.4M
Q1 24
$3.1M
FCF Margin
AL
ALPS
INNV
INNV
Q4 25
7.9%
Q3 25
-36.6%
-0.1%
Q2 25
4.0%
Q1 25
10.0%
Q4 24
2.6%
Q3 24
-4.7%
Q2 24
-0.7%
Q1 24
1.6%
Capex Intensity
AL
ALPS
INNV
INNV
Q4 25
1.0%
Q3 25
3.3%
1.7%
Q2 25
0.1%
Q1 25
1.3%
Q4 24
0.6%
Q3 24
1.1%
Q2 24
1.7%
Q1 24
0.2%
Cash Conversion
AL
ALPS
INNV
INNV
Q4 25
2.01×
Q3 25
0.49×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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