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

Rubrik, Inc. is the larger business by last-quarter revenue ($350.2M vs $239.7M, roughly 1.5× InnovAge Holding Corp.). InnovAge Holding Corp. runs the higher net margin — 4.4% vs -18.2%, a 22.7% gap on every dollar of revenue. On growth, Rubrik, Inc. posted the faster year-over-year revenue change (48.3% vs 14.7%). Rubrik, Inc. produced more free cash flow last quarter ($80.7M vs $19.0M).

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.

Rubrik, Inc. is an American cloud data management and data security company based in Palo Alto, California, founded in January 2014. The company is listed on the New York Stock Exchange after going public in April 2024.

INNV vs RBRK — Head-to-Head

Bigger by revenue
RBRK
RBRK
1.5× larger
RBRK
$350.2M
$239.7M
INNV
Growing faster (revenue YoY)
RBRK
RBRK
+33.6% gap
RBRK
48.3%
14.7%
INNV
Higher net margin
INNV
INNV
22.7% more per $
INNV
4.4%
-18.2%
RBRK
More free cash flow
RBRK
RBRK
$61.7M more FCF
RBRK
$80.7M
$19.0M
INNV

Income Statement — Q2 FY2026 vs Q3 FY2026

Metric
INNV
INNV
RBRK
RBRK
Revenue
$239.7M
$350.2M
Net Profit
$10.6M
$-63.8M
Gross Margin
22.0%
80.5%
Operating Margin
5.5%
-21.6%
Net Margin
4.4%
-18.2%
Revenue YoY
14.7%
48.3%
Net Profit YoY
180.3%
51.2%
EPS (diluted)
$0.08
$-0.32

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
INNV
INNV
RBRK
RBRK
Q4 25
$239.7M
$350.2M
Q3 25
$236.1M
$309.9M
Q2 25
$221.4M
$278.5M
Q1 25
$218.1M
$258.1M
Q4 24
$209.0M
$236.2M
Q3 24
$205.1M
$205.0M
Q2 24
$199.4M
$187.3M
Q1 24
$193.1M
Net Profit
INNV
INNV
RBRK
RBRK
Q4 25
$10.6M
$-63.8M
Q3 25
$8.0M
$-95.9M
Q2 25
$-785.0K
$-102.1M
Q1 25
$-11.4M
$-114.9M
Q4 24
$-13.2M
$-130.9M
Q3 24
$-4.9M
$-176.9M
Q2 24
$-1.7M
$-732.1M
Q1 24
$-5.9M
Gross Margin
INNV
INNV
RBRK
RBRK
Q4 25
22.0%
80.5%
Q3 25
21.8%
79.5%
Q2 25
18.6%
78.3%
Q1 25
18.7%
77.4%
Q4 24
17.7%
76.2%
Q3 24
16.8%
73.1%
Q2 24
18.3%
48.8%
Q1 24
17.6%
Operating Margin
INNV
INNV
RBRK
RBRK
Q4 25
5.5%
-21.6%
Q3 25
3.5%
-30.5%
Q2 25
-1.0%
-33.4%
Q1 25
-4.7%
-45.0%
Q4 24
-6.0%
-52.8%
Q3 24
-2.4%
-82.1%
Q2 24
-2.4%
-387.0%
Q1 24
-3.0%
Net Margin
INNV
INNV
RBRK
RBRK
Q4 25
4.4%
-18.2%
Q3 25
3.4%
-31.0%
Q2 25
-0.4%
-36.7%
Q1 25
-5.2%
-44.5%
Q4 24
-6.3%
-55.4%
Q3 24
-2.4%
-86.3%
Q2 24
-0.9%
-390.8%
Q1 24
-3.0%
EPS (diluted)
INNV
INNV
RBRK
RBRK
Q4 25
$0.08
$-0.32
Q3 25
$0.06
$-0.49
Q2 25
$0.00
$-0.53
Q1 25
$-0.08
$5.69
Q4 24
$-0.10
$-0.71
Q3 24
$-0.04
$-0.98
Q2 24
$-0.01
$-11.48
Q1 24
$-0.04

Balance Sheet & Financial Strength

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

Metric
INNV
INNV
RBRK
RBRK
Cash + ST InvestmentsLiquidity on hand
$126.0M
$307.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$256.8M
$-524.4M
Total Assets
$527.5M
$2.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INNV
INNV
RBRK
RBRK
Q4 25
$126.0M
$307.1M
Q3 25
$109.4M
$322.7M
Q2 25
$105.9M
$284.0M
Q1 25
$101.7M
$186.3M
Q4 24
$86.9M
$103.9M
Q3 24
$85.7M
$142.3M
Q2 24
$102.8M
$502.6M
Q1 24
$99.3M
Total Debt
INNV
INNV
RBRK
RBRK
Q4 25
Q3 25
Q2 25
$60.0M
Q1 25
Q4 24
Q3 24
Q2 24
$66.0M
Q1 24
Stockholders' Equity
INNV
INNV
RBRK
RBRK
Q4 25
$256.8M
$-524.4M
Q3 25
$245.0M
$-564.3M
Q2 25
$235.0M
$-556.5M
Q1 25
$238.0M
$-553.7M
Q4 24
$248.5M
$-521.1M
Q3 24
$260.9M
$-499.3M
Q2 24
$269.3M
$-514.6M
Q1 24
$281.1M
Total Assets
INNV
INNV
RBRK
RBRK
Q4 25
$527.5M
$2.5B
Q3 25
$510.2M
$2.4B
Q2 25
$526.9M
$1.5B
Q1 25
$536.6M
$1.4B
Q4 24
$524.8M
$1.3B
Q3 24
$527.7M
$1.2B
Q2 24
$547.7M
$1.2B
Q1 24
$527.4M
Debt / Equity
INNV
INNV
RBRK
RBRK
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
INNV
INNV
RBRK
RBRK
Operating Cash FlowLast quarter
$21.4M
$85.5M
Free Cash FlowOCF − Capex
$19.0M
$80.7M
FCF MarginFCF / Revenue
7.9%
23.1%
Capex IntensityCapex / Revenue
1.0%
1.4%
Cash ConversionOCF / Net Profit
2.01×
TTM Free Cash FlowTrailing 4 quarters
$49.4M
$256.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INNV
INNV
RBRK
RBRK
Q4 25
$21.4M
$85.5M
Q3 25
$3.9M
$64.7M
Q2 25
$9.0M
$39.7M
Q1 25
$24.6M
$83.6M
Q4 24
$6.8M
$23.1M
Q3 24
$-7.5M
$-27.1M
Q2 24
$1.9M
$-31.4M
Q1 24
$3.5M
Free Cash Flow
INNV
INNV
RBRK
RBRK
Q4 25
$19.0M
$80.7M
Q3 25
$-153.0K
$61.2M
Q2 25
$8.8M
$36.8M
Q1 25
$21.7M
$78.0M
Q4 24
$5.4M
$18.0M
Q3 24
$-9.7M
$-29.7M
Q2 24
$-1.4M
$-35.0M
Q1 24
$3.1M
FCF Margin
INNV
INNV
RBRK
RBRK
Q4 25
7.9%
23.1%
Q3 25
-0.1%
19.8%
Q2 25
4.0%
13.2%
Q1 25
10.0%
30.2%
Q4 24
2.6%
7.6%
Q3 24
-4.7%
-14.5%
Q2 24
-0.7%
-18.7%
Q1 24
1.6%
Capex Intensity
INNV
INNV
RBRK
RBRK
Q4 25
1.0%
1.4%
Q3 25
1.7%
1.1%
Q2 25
0.1%
1.0%
Q1 25
1.3%
2.2%
Q4 24
0.6%
2.1%
Q3 24
1.1%
1.3%
Q2 24
1.7%
1.9%
Q1 24
0.2%
Cash Conversion
INNV
INNV
RBRK
RBRK
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.

Revenue Breakdown by Segment

INNV
INNV

Segment breakdown not available.

RBRK
RBRK

Subscription And Circulation$336.4M96%
Other$12.3M4%
Software And Services$4.9M1%
Maintenance$1.5M0%

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