Innoviva Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

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 (YoY)	13.75%	14.67%	15.54%	-6.30%	-15.45%	16.35%
Cost of Revenue	84.15	77.38	36.6	42.64	13.79	-
Gross Profit	336.54	333.94	322.11	267.82	317.55	391.87
Selling, General & Admin	118.27	113.32	115.69	98.23	63.54	16.19
Depreciation & Amortization Expenses	26.36	26.28	25.9	21.78	5.58	-
Research & Development	31.45	30.6	13.65	33.92	41.43	0.58
Total Operating Expenses	176.07	170.2	155.25	153.94	110.55	16.76
Operating Income	160.47	163.75	166.87	113.89	207	375.1
Interest Income	15.23	-21.09	-19.14	-15.82	6.37	1.84
Interest Expense	-10.81	16.7	22.21	19.16	-15.79	-19.07
Other Non-Operating Income (Expense)	430.66	164.46	-120.42	93.49	395.95	-94.66
Total Non-Operating Income (Expense)	435.08	160.07	-117.35	96.83	386.53	-111.89
Pretax Income	600.01	326.86	37.39	194.1	286.95	445.28
Provision for Income Taxes	-95.67	-55.7	-14	-14.38	66.69	76.44
Net Income	504.34	271.17	23.39	179.72	213.92	265.85
Minority Interest in Earnings	-	-	-	-	6.34	102.98
Net Income to Common	504.34	271.17	23.39	179.72	213.92	265.85
Net Income Growth	-	1059.22%	-86.98%	-15.99%	-19.53%	18.47%
Shares Outstanding (Basic)	70	67	63	65	70	82
Shares Outstanding (Diluted)	85	85	74	87	95	94
Shares Change (YoY)	24.65%	14.25%	-14.61%	-8.79%	1.00%	-16.95%
EPS (Basic)	7.02	4.02	0.37	2.75	3.07	3.24
EPS (Diluted)	6.01	3.30	0.36	2.20	2.37	2.87
EPS Growth	-	816.67%	-83.64%	-7.17%	-17.42%	42.08%
Shares Outstanding	73.81	74.64	62.67	31.3	69.19	69.57
Free Cash Flow	183.09	195.8	188.42	140.65	201.66	363.81
Free Cash Flow Growth	-6.49%	3.92%	33.96%	-30.25%	-44.57%	16.20%
Free Cash Flow Per Share	2.16	2.31	2.54	1.62	2.12	3.86
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%
Profit Margin	119.88%	65.92%	6.52%	57.89%	66.48%	94.12%
FCF Margin	43.52%	47.60%	52.53%	45.30%	60.86%	92.84%
EBITDA	200.78	203.97	206.72	149.59	226.51	388.94
EBITDA Margin	47.73%	49.59%	57.63%	48.18%	68.36%	99.25%
EBIT	160.47	163.75	166.87	113.89	207	375.1
EBIT Margin	38.14%	39.81%	46.52%	36.68%	62.47%	95.72%
Effective Tax Rate	-15.94%	-17.04%	-37.43%	-7.41%	23.24%	17.17%

Updated May 6, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q