Innoviva, Inc. (INVA)

Innoviva Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	357.24	271.17	23.39	179.72	220.26	368.84
Depreciation & Amortization	40.42	40.23	39.85	35.71	19.51	13.83
Stock-Based Compensation	12.19	9.45	6.37	5.84	7.35	2.02
Other Adjustments	-186.2	-99.75	126.01	-55.41	-52.26	-4
Change in Receivables	-22.36	-6.95	-2.29	-20	9.79	-16.78
Changes in Inventories	1.89	-12.92	-6.81	-12	0.28	-
Changes in Accounts Payable	-1.37	2.83	-4.59	3.78	0.09	-0.04
Changes in Accrued Expenses	-11.68	-7.59	3.04	-2.44	12.12	-0.26
Changes in Income Taxes Payable	4.78	4.06	41.48	1.73	10.03	-
Changes in Unearned Revenue	2.89	3.14	-0.15	-0.82	-0.76	-
Changes in Other Operating Activities	-6.3	-6.74	-37.62	4.96	-24.69	0.2
Operating Cash Flow	191.49	196.93	188.69	141.06	201.73	363.81
Operating Cash Flow Growth	-4.55%	4.37%	33.76%	-30.07%	-44.55%	16.19%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-2.05	-1.13	-0.27	-0.41	-0.07	-
Sale of Property, Plant & Equipment	0.2	0.01	0.1	-	-	-
Purchases of Intangible Assets	9.37	-9.37	-4	-	-	-
Purchases of Investments	-82	-78.4	-91.89	-97.51	-169.64	-257.25
Proceeds from Sale of Investments	55.67	36.59	75.76	72.5	24.28	21.44
Cash Acquisitions	-	-	-	-	-159.1	-
Proceeds from Business Divestments	-	-	-	-	248.19	-
Other Investing Activities	91.37	92.79	-43.49	-41.34	-0.3	279.53
Investing Cash Flow	23.79	40.5	-63.79	-66.76	-56.63	43.72

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Long-Term Debt Issued	-	-	-	-	252.54	-
Long-Term Debt Repaid	0.03	-0.03	-	-96.2	-165.13	-
Net Long-Term Debt Issued (Repaid)	0.03	-0.03	-	-96.2	87.41	-
Issuance of Common Stock	3.05	13.25	1.47	0.17	0.37	1.17
Repurchase of Common Stock	-56.15	-4.68	-14.92	-75.81	-8.59	-394.21
Net Common Stock Issued (Repurchased)	-53.1	8.58	-13.45	-75.64	-8.22	-393.04
Other Financing Activities	-	-	-	-	-134.76	-59.46
Financing Cash Flow	-42.43	8.55	-13.45	-171.84	-55.57	-452.5

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Cash Flow	172.86	245.98	111.45	-97.54	89.52	-44.96

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	189.44	195.8	188.42	140.65	201.66	363.81
Free Cash Flow Growth	-5.57%	3.92%	33.96%	-30.25%	-44.57%	16.20%
FCF Margin	43.06%	47.60%	52.53%	45.30%	60.86%	92.84%
Free Cash Flow Per Share	2.31	2.31	2.54	1.62	2.12	3.86
Levered Free Cash Flow	385.85	293.03	58.33	114.02	317.84	279.59
Unlevered Free Cash Flow	181.63	213.53	264.27	152.82	175.41	324.45

SEC Filings: 10-K · 10-Q

Data Source: Fiscal.ai Last updated: Aug 5, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 7, 2026

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