NASDAQ:INVA
Innoviva, Inc.
Innoviva, Inc.'s revenue grew 14.7% in fiscal 2025 to $411.3M while operating margin fell to 39.8%. Free cash flow was $195.8M, 47.6% of revenue, and the diluted share count rose 14.3%.Summary generated from Innoviva, Inc.'s SEC filings. Latest annual report filed Feb 25, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$411.3M
Revenue growth+14.7%
Revenue, 5-yr CAGR+4.1%
Gross margin74.8%
Operating margin39.8%
Net margin65.9%
ROIC17.8%
Return on equity29.1%
Debt / equity0.22
Free cash flow$195.8M
FCF margin47.6%
Share count change+14.3%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 392 | 331 | 310 | 359 | 411 |
| Operating income | 375 | n/a | 114 | 167 | 164 |
| Net income | 369 | 220 | 180 | 23 | 271 |
| Free cash flow | 364 | 202 | 141 | 188 | 196 |
Recent filings
- 4Insider transaction report
Aug 24, 2026 - 4Insider transaction report
Aug 24, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 5, 2026 - 8-KResults of operations and financial condition
Aug 5, 2026 - 8-KDirector or officer change
May 18, 2026 - 10-QQuarterly report for the period ended Mar 31, 2026
May 6, 2026 - 8-KResults of operations and financial condition
May 6, 2026 - 8-KResults of a shareholder vote
May 4, 2026