Inovalon Results Presentation Deck

Financial Guidance Table In the setting of a now predominantly subscription-based contract portfolio, significantly increased client Annual Revenue Retention performance, an expanded Annual Recurring Revenue base, and strong YTD sales ACV metrics, Inovalon has significant visibility into 2019, providing for annual guidance for the period as provided below. Financial Metric Revenue Net Income² Non-GAAP net income² Adjusted EBITDA Net Cash Provided By Operating Activities Capital Expenditure Diluted Net Income Per Share² Non-GAAP diluted net income per share² Organic revenue growth expected to be 13% to 17% The Company is assuming 149 million weighted average diluted shares and an effective tax rate of approximately 30% for the full year 2019. INOV Q4 & FY 2018 Earnings Supplement (2.20.19) v1.0.0 2019 Financial Guidance $637 million to $657 million $1 million to $5 million $61 million to $69 million $200 million to $210 million $130 million to $145 million $52 million to $58 million $0.01 to $0.03 $0.41 to $0.47 YOY Change 21% to 25% 55% to 76% 32% to 38% 44% to 61% 52% to 74% 27

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