Innoviva, Inc. (INVA)

NASDAQ: INVA · Real-Time Price · USD

20.97

-0.25 (-1.18%)

Jul 31, 2026, 4:00 PM EDT - Market closed

Innoviva Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	420.69	411.33	358.71	310.46	331.34	391.87
Revenue Growth	13.75%	14.67%	15.54%	-6.30%	-15.45%	16.35%
Gross Profit	336.54	333.94	322.11	267.82	317.55	391.87
Operating Income	160.47	163.75	166.87	113.89	207	375.1
Net Income	504.34	271.17	23.39	179.72	213.92	265.85
Earnings Per Share	6.01	3.30	0.36	2.20	2.37	2.87
EPS Growth	-	816.67%	-83.64%	-7.17%	-17.42%	42.08%

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	603.09	550.94	304.96	13.52	14.85	10.29
Total Debt	258.1	257.73	448.34	120.37	72.49	37.99
Net Cash (Debt)	344.99	293.21	-143.38	-106.85	-57.64	-27.7
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	4.06	3.46	-1.93	-1.23	-0.61	-0.29

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	183.6	196.93	188.69	141.06	201.73	363.81
Capital Expenditures	-	-1.13	-0.27	-0.41	-0.07	-
Free Cash Flow	183.6	195.8	188.42	140.65	201.66	363.81
Free Cash Flow Growth	-8.32%	3.92%	33.96%	-30.25%	-44.57%	16.20%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	80.00%	81.19%	89.80%	86.27%	95.84%	100.00%
Operating Margin	38.14%	39.81%	46.52%	36.68%	62.47%	95.72%
Pretax Margin	142.63%	79.47%	10.42%	62.52%	86.60%	113.63%
Profit Margin	119.88%	65.92%	6.52%	57.89%	66.48%	94.12%
FCF Margin	43.64%	47.60%	52.53%	45.30%	60.86%	92.84%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 2, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	3.68	6.06	48.19	7.29	5.59	6.01
Forward PE	10.46	9.67	10.91	19.56	9.74	10.07
P/FCF Ratio	8.51	7.62	5.77	3.57	4.55	3.30
PS Ratio	3.68	3.63	3.03	1.62	2.77	3.06