INVA
$21.28+0.95%
Innoviva Inc.Stock · HealthcareRussell 2000 · 0.05% of IWMNasdaq Composite · 0.006% of ONEQUS Stock Market · 0.002% of VTIRussell 3000 · 0.002% of IWV
INVA financial statements
The full income statement, balance sheet, and cash-flow statement for Innoviva Inc. (INVA), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 62.6M2024-09 62.6M2024-12 62.7M2025-03 62.8M2025-06 63.0M2025-09 74.8M2025-12 74.1M2026-03 73.8M2026-06 72.2M+15.5% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 411M+14.7% | 359M+15.5% | 310M-6.3% | 331M-15.4% | 392M+16.4% | |
| Gross profit | 308M+3.9% | 296M+20.4% | 246M | — | — | |
| 144M+11.3% | 129M-2.1% | 132M | — | 16.8M+7.0% | ||
| Research & development | 30.6M+124.1% | 13.7M-59.7% | 33.9M-18.1% | 41.4M+7093.1% | 576K-67.8% | |
| Selling, general & administrative | 113M-2.1% | 116M+17.8% | 98.2M+54.6% | 63.5M+292.5% | 16.2M+16.6% | |
| General & administrative | — | — | — | — | 16.2M+16.6% | |
| Amortization of intangibles | 26.3M+1.4% | 25.9M+18.9% | 21.8M+290.3% | 5.58M | 0.00 | |
| Operating income | 164M-1.9% | 167M+46.5% | 114M | — | 375M+16.8% | |
| Interest expense | 16.7M-24.8% | 22.2M+15.9% | 19.2M+21.3% | 15.8M-17.2% | 19.1M+4.0% | |
| Interest & investment income | 21.1M+10.2% | 19.1M+21.0% | 15.8M+148.4% | 6.37M+246.3% | 1.84M+20.7% | |
| Other non-operating income | -2.86M+4.4% | -3.00M+39.7% | -4.97M-47.3% | -3.37M+7.0% | -3.63M-942.0% | |
| Equity-method income | 141M+320.1% | -64.3M-183.0% | 77.4M+147.8% | -162M-291.7% | 84.4M+70.5% | |
| Pre-tax income | 327M+774.2% | 37.4M-80.7% | 194M-32.4% | 287M-35.6% | 445M+25.7% | |
| Income tax | 55.7M+297.9% | 14.0M-2.6% | 14.4M-78.4% | 66.7M-12.8% | 76.4M+26.5% | |
| 271M+1059.2% | 23.4M-87.0% | 180M-16.0% | 214M-19.5% | 266M+18.5% | ||
| Net income to non-controlling interest | — | 0.00 | 0.00-100.0% | 6.34M-93.8% | 103M+48.4% | |
| Net income to common | 271M+1059.2% | 23.4M-87.0% | 180M-16.0% | 214M-19.5% | 266M+18.5% | |
| $3.30+816.7% | $0.36-83.6% | $2.20-7.2% | $2.37-17.4% | $2.87+42.1% | ||
| EPS (basic) | $4.02+986.5% | $0.37-86.5% | $2.75-10.4% | $3.07-5.2% | $3.24+46.6% | |
| Weighted-avg shares (basic) | 67.4M+7.4% | 62.7M-4.1% | 65.4M-6.0% | 69.6M-15.1% | 82.1M-19.0% | |
| Weighted-avg shares (diluted) | 84.8M+14.3% | 74.2M-14.6% | 86.9M-8.8% | 95.2M+1.0% | 94.3M-16.9% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 728M+31.2% | 554M+61.0% | 344M-22.4% | 444M+41.4% | 314M-8.3% | ||
| Cash & equivalents | 551M+80.7% | 305M+57.6% | 194M-33.5% | 291M+44.4% | 202M-18.2% | |
| Short-term investments | — | — | — | — | 0.00 | |
| Inventory | 39.2M+16.2% | 33.7M-17.2% | 40.7M-27.1% | 55.9M | 0.00 | |
| Prepaid expenses | 26.7M+26.9% | 21.1M-2.6% | 21.6M-26.8% | 29.6M+2062.3% | 1.37M-16.6% | |
| Other current assets | 1.64M+149.5% | 656K-84.6% | 4.26M+45.4% | 2.93M+4090.0% | 70.0K | |
| 1.64B+25.7% | 1.30B+4.6% | 1.24B+1.0% | 1.23B+32.9% | 926M-7.3% | ||
| Property, plant & equipment | 1.55M+202.5% | 514K+6.4% | 483K+184.1% | 170K+1316.7% | 12.0K-57.1% | |
| Operating lease right-of-use | 10.9M+345.5% | 2.45M-3.3% | 2.54M-22.3% | 3.27M+3266.0% | 97.0K | |
| Goodwill | 17.9M+0.0% | 17.9M+0.0% | 17.9M-33.0% | 26.7M | 0.00 | |
| Intangible assets | 182M-12.6% | 208M-9.5% | 230M-8.9% | 253M | 0.00 | |
| Long-term investments | 404M+18.4% | 342M-23.1% | 444M+22.1% | 364M-24.8% | 484M+10.4% | |
| Deferred tax assets | 0.00-100.0% | 12.1M | 0.00 | 0.00-100.0% | 17.3M-81.5% | |
| Other non-current assets | 40.7M-1.8% | 41.5M+1169.6% | 3.27M-24.0% | 4.30M+38981.8% | 11.0K-94.9% | |
| 49.7M-78.9% | 236M+519.1% | 38.1M-71.7% | 135M+2224.2% | 5.81M-5.0% | ||
| Accounts payable | 4.97M+132.9% | 2.13M-68.3% | 6.72M+128.5% | 2.94M+10785.2% | 27.0K-59.1% | |
| Deferred revenue | 4.27M+279.2% | 1.13M-11.8% | 1.28M-39.0% | 2.09M | 0.00 | |
| Short-term & current debt | 0.00-100.0% | 192M | 0.00-100.0% | 96.2M | 0.00 | |
| Current lease liability | 418K-73.4% | 1.57M+30.2% | 1.21M-8.3% | 1.32M+1141.5% | 106K | |
| Other current liabilities | — | — | 19.7M-7.1% | 21.2M+2001.8% | 1.01M-28.0% | |
| Long-term debt | 258M+0.6% | 256M-42.6% | 446M+0.5% | 444M+12.5% | 395M+2.4% | |
| Non-current lease liability | 10.9M+821.8% | 1.18M-27.9% | 1.64M-31.2% | 2.38M | 0.00 | |
| Operating lease liability (total) | 11.3M+310.3% | 2.75M-3.2% | 2.84M-23.0% | 3.69M+3383.0% | 106K | |
| Deferred tax liabilities | 31.8M | 0.00-100.0% | 563K-90.2% | 5.77M | 0.00 | |
| Other non-current liabilities | 66.1M+2.8% | 64.3M-10.6% | 71.9M+1.3% | 70.9M | 0.00-100.0% | |
| 1.17B+69.7% | 691M+2.4% | 675M+19.3% | 566M+36.4% | 415M-23.2% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 747K+19.1% | 627K-0.9% | 633K-8.5% | 692K-0.6% | 696K-31.4% | |
| Additional paid-in capital | 903M+30.4% | 692M-36.7% | 1.09B-6.1% | 1.16B-7.9% | 1.26B+0.2% | |
| Retained earnings | 269M+15089.9% | -1.80M+92.9% | -25.2M+87.7% | -205M+55.1% | -456M+36.8% | |
| Treasury stock | — | 0.00-100.0% | 394M+0.0% | 394M+0.0% | 394M | |
| Non-controlling interest | — | — | — | 0.00-100.0% | 111M+63.7% | |
| Total equity incl. non-controlling | 1.17B+69.7% | 691M+2.4% | 675M+19.3% | 566M+7.6% | 526M-13.5% | |
| Total liabilities & equity | 1.64B+25.7% | 1.30B+4.6% | 1.24B+1.0% | 1.23B+32.9% | 926M-7.3% | |
| Common shares issued | 74.6M+19.1% | 62.7M-1.0% | 63.3M-8.5% | 69.2M-0.5% | 69.6M-31.4% | |
| Common shares outstanding | 74.6M+19.1% | 62.7M-1.0% | 63.3M-8.5% | 69.2M-0.5% | 69.6M-31.4% | |
| Shares outstanding (cover) | 74.1M+18.2% | 62.7M-0.9% | 63.2M-7.2% | 68.1M-2.1% | 69.6M-31.4% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 197M+4.4% | 189M+33.8% | 141M-30.1% | 202M-44.6% | 364M+16.2% | ||
| Depreciation & amortization | — | — | — | — | 13.8M-0.1% | |
| Intangible amortization | 26.3M+1.4% | 25.9M+18.9% | 21.8M+290.3% | 5.58M | 0.00 | |
| Share-based compensation | 9.45M+48.3% | 6.37M+9.2% | 5.84M-20.6% | 7.35M+264.3% | 2.02M+18.8% | |
| Deferred income taxes | 43.8M+447.5% | -12.6M-386.8% | 4.40M-82.4% | 25.0M-67.3% | 76.4M+26.5% | |
| Change in receivables | 14.6M+145.4% | 5.94M+17.5% | 5.05M+43.3% | 3.52M | 0.00 | |
| Change in inventory | 12.9M+89.8% | 6.81M-43.3% | 12.0M+4387.1% | -280K | 0.00 | |
| Change in payables | 2.83M+161.8% | -4.58M-221.4% | 3.78M+4006.5% | 92.0K+335.9% | -39.0K-169.6% | |
| 40.5M+163.5% | -63.8M+4.5% | -66.8M-17.9% | -56.6M-229.5% | 43.7M+113.9% | ||
| Capital expenditure | 1.13M+318.9% | 270K-34.3% | 411K+513.4% | 67.0K | 0.00-100.0% | |
| Free cash flow | 196M+3.9% | 188M+34.0% | 141M-30.3% | 202M-44.6% | 364M+16.2% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Proceeds from sale of PP&E | 12.0K-88.1% | 101K | 0.00 | 0.00 | — | |
| Other investing activities | — | — | — | — | -191M-1183.7% | |
| 8.55M+163.6% | -13.5M+92.2% | -172M-209.2% | -55.6M+87.7% | -452M-1419.2% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00-100.0% | 253M | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 2.55M+74.1% | 1.47M+762.4% | 170K-54.1% | 370K-68.3% | 1.17M+168.1% | |
| Common stock repurchased | 4.53M-69.3% | 14.8M-80.5% | 75.7M+790.6% | 8.50M-97.8% | 394M | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net change in cash | 246M+120.7% | 111M+214.3% | -97.5M-208.9% | 89.5M+299.1% | -45.0M-42.2% | |
| Interest paid | 10.4M-0.1% | 10.4M-9.0% | 11.4M-3.0% | 11.7M+18.2% | 9.93M+0.0% | |
| Income taxes paid | 19.1M+62.1% | 11.8M | 0.00-100.0% | 53.9M | 0.00 | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 1.48B+36.2% | 1.09B+5.8% | 1.03B+11.2% | 925M-22.9% | 1.20B-4.5% | |
| P/E | 5.5×-88.3% | 46.5×+125.6% | 20.6×+552.2% | 3.2×-30.0% | 4.5×-19.4% | |
| P/S | 3.6×+18.8% | 3.0×-14.4% | 3.5×+42.9% | 2.5×-19.1% | 3.1×-17.9% | |
| P/B | 1.3×-19.8% | 1.6×-4.0% | 1.6×+13.6% | 1.4×-50.2% | 2.9×+24.4% | |
| P/FCF | 7.6×+31.0% | 5.8×-34.6% | 8.8×+178.1% | 3.2×-3.7% | 3.3×-17.8% | |
| Earnings yield | 18.3%+751.3% | 2.2%-55.7% | 4.9%-84.7% | 31.6%+42.8% | 22.2%+24.0% | |
| FCF yield | 13.2%-23.7% | 17.3%+53.0% | 11.3%-64.0% | 31.5%+3.9% | 30.3%+21.6% | |
| Source filing | 10-K | 10-K | 10-K/A | 10-K | 10-K/A |
About this data
Source: INVA’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all INVA filings on SEC EDGAR → Not investment advice.