Inotiv, Inc.(NOTV)Stock Analysis
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Rank #2,416 of 2,879 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
NOTV Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Inotiv, Inc. (NOTV), a Healthcare sector company. 13F Pro's AI-powered ranking engine scores NOTV at 29.3/100 on a 32-signal composite quality model, placing it at rank #2,416 of 2,879 stocks — the bottom half of the AI-ranked universe. Areas of concern include balance sheet strength (15.6) and profitability (19.7), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), Inotiv, Inc. reports quarterly revenue of $117.7M, net income of $-32.5M, free cash flow of $-3.2M. Top institutional holders of NOTV by reported 13-F value include Orgel Wealth Management,, BANK OF AMERICA /DE/, LPL Financial, based on the most recent SEC filings. NOTV trades on the Nasdaq exchange and files with the SEC under CIK 720154. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate NOTV daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Inotiv, Inc. directly from SEC EDGAR. Inotiv, Inc.'s 13F Pro composite quality score has ranged between 19 and 50 since 2021, currently 29.3 — a declining long-term trajectory across 29 quarterly and live scoring snapshots.
Revenue
Q2 2026
$117.7M
Net Income
Q2 2026
$-32.5M
Free Cash Flow
Q2 2026
$-3.2M
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+4.5% YoYNet Income
+36.7% YoYOperating Income
+64.2% YoYEPS (Diluted)
+49.6% YoYTotal Assets
-1.3% YoYTotal Debt
+102.6% YoYOp. Cash Flow
-53.6% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2021 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Revenue | $513.0M +4.5% | $490.7M -14.3% | $572.4M +538.8% | $89.6M +240.1% | $26.3M +8.7% | $24.2M |
| Net Income | $-68.6M +36.7% | $-108.4M -3.1% | $-105.1M -1065.0% | $10.9M +5716.0% | $-194.0K -121.9% | $884.0K |
| Operating Income | $-30.9M +64.2% | $-86.4M -6.1% | $-81.5M -1350.0% | $-5.6M -40228.6% | $14.0K -98.9% | $1.3M |
| EPS (Diluted) | $-2.11 +49.6% | $-4.19 -2.2% | $-4.10 -2257.9% | $0.19 +1050.0% | $-0.02 -120.0% | $0.10 |
| Total Assets | $771.1M -1.3% | $781.4M -8.8% | $856.5M +166.1% | $321.9M +929.3% | $31.3M +53.1% | $20.4M |
| Total Debt | $804.2M +102.6% | $396.9M +2.9% | $385.7M +114.3% | $180.0M +1610.3% | $10.5M +125.3% | $4.7M |
| Operating Cash Flow | $-10.5M -53.6% | $-6.8M -124.4% | $27.9M +159.5% | $10.7M +208.2% | $3.5M +182.1% | $1.2M |
AI Insight: NOTV Financial Trends
Inotiv's debt has more than doubled to $821M while equity erodes to $77M, signaling acute balance-sheet distress despite modest revenue stability.
• Total debt surged from $399M in Q4 2024 to $821M in Q4 2025, then $821M in Q1 2026, reversing a prior deleveraging trend.
• Equity has collapsed from $182M in Q2 2024 to $77M in Q1 2026, an 58% erosion over eight quarters.
• Net losses widened to -$32M in Q1 2026, the steepest quarterly loss in the dataset, despite revenue of $118M.
• Revenue has remained rangebound between $106M and $138M across eight quarters, showing no meaningful growth trajectory.
⚠ Debt jumped ~$400M between Q2 2025 and Q3 2025; source and covenants of this new leverage are critical to monitor.
⚠ Operating cash flow turned positive at $14M in Q3 2025 but reverted to negative in Q4 2025 and Q1 2026 — sustainability is unproven.
⚠ Equity at $77M against $821M debt implies near-zero cushion; any asset impairment could push book value negative.
AI Insight: NOTV Ratio Trends
Inotiv's leverage has surged to a D/E of 10.65 in Q1 2026 while losses are deepening, reversing the modest mid-2025 improvement.
• Operating margin deteriorated sharply from -4.9% in Q3 2025 to -16.4% in Q1 2026, the worst quarterly reading in over a year.
• D/E ratio exploded from 2.35 in Q4 2024 to 10.65 in Q1 2026, signaling rapidly escalating balance-sheet stress.
• ROE collapsed to -168.4% in Q1 2026 from -25.1% in Q3 2025, reflecting both mounting losses and eroding equity base.
• A brief margin trough appeared to recover in Q1–Q3 2025, but Q4 2025 and Q1 2026 confirm the recovery has fully reversed.
⚠ D/E at 10.65 raises acute refinancing and covenant risk; any debt restructuring could further dilute equity holders.
⚠ ROIC of -8.6% in Q1 2026 versus -2.1% in Q1 2025 signals capital destruction is accelerating, not stabilizing.
⚠ Monitor whether Q2 2026 operating margin recovers toward the -4% range seen mid-2025, or continues the recent deterioration.
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Available Research
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Top Institutional Holders of NOTV
Orgel Wealth Management, LLC
$129.6M7,045,871 shBANK OF AMERICA CORP /DE/
$97.6M5,305,892 shLPL Financial LLC
$66.4M3,610,103 shGlobal X Japan Co., Ltd.
$62.9M3,418,081 shMORGAN STANLEY
$52.7M2,861,716 shWELLS FARGO & COMPANY/MN
$47.1M2,560,241 shENVESTNET ASSET MANAGEMENT INC
$41.4M2,249,640 shLido Advisors, LLC
$30.2M1,642,883 shSUSQUEHANNA INTERNATIONAL GROUP, LLP
$29.1M1,582,717 shFUKOKU MUTUAL LIFE INSURANCE Co
$28.5M1,551,000 sh
| Fund | Value | Shares |
|---|---|---|
| Orgel Wealth Management, LLC | $129.6M | 7,045,871 |
| BANK OF AMERICA CORP /DE/ | $97.6M | 5,305,892 |
| LPL Financial LLC | $66.4M | 3,610,103 |
| Global X Japan Co., Ltd. | $62.9M | 3,418,081 |
| MORGAN STANLEY | $52.7M | 2,861,716 |
| WELLS FARGO & COMPANY/MN | $47.1M | 2,560,241 |
| ENVESTNET ASSET MANAGEMENT INC | $41.4M | 2,249,640 |
| Lido Advisors, LLC | $30.2M | 1,642,883 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $29.1M | 1,582,717 |
| FUKOKU MUTUAL LIFE INSURANCE Co | $28.5M | 1,551,000 |
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Popular Research
Is NOTV a good stock to buy?
13F Pro's AI-powered analysis of Inotiv, Inc. (NOTV) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Healthcare sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for NOTV are available on the NOTV stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own NOTV?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling NOTV. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Inotiv, Inc.'s investment landscape.