What is Innoviva, Inc.'s change in prepaids?

Innoviva, Inc. (INVA) reported change in prepaids of -$1.88M in Q1 2026.

How has Innoviva, Inc.'s change in prepaids changed year-over-year?

Innoviva, Inc.'s change in prepaids increased by 66.7% year-over-year, from -$5.65M to -$1.88M.

What does change in prepaids mean?

This represents the net change in payments made in advance for goods or services to be received in future periods. An increase in prepaid expenses consumes cash, while a decrease serves as a source of cash. It is a key indicator of working capital management and timing of operational expenditures.

Innoviva, Inc. INVA Change in Prepaids

Change in Prepaids at other companies

ANI PharmaceuticalsANIP

-$2.69M-168%

Immunovant, Inc.IMVT

-$4.31M-128%

Other financials

Income statement

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Revenue$98.0M+10.6%

Gross profit$75.8M+3.4%

Operating income$38.2M-7.9%

Net income$186.6M+501%

EPS (diluted)$2.22+400%

Balance sheet

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Cash & equivalents$603.1M+89.0%

Total debt$269.4M-40.3%

Total equity$1.3B—

Total assets$1.8B+46.4%

Cash flow

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Operating cash flow$35.3M-27.4%

CapEx$492.0K—

Free cash flow$34.8M-28.4%

Valuation

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Market cap$1.74B+51.8%

Enterprise value$1.4B+9.7%

P/E3.5×—

P/S4.1×+1.0×

Profitability

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Gross margin73.7%-9.9pp

Operating margin38.1%-11.2pp

Net margin119.9%+107pp

FCF margin54.1%+5.3pp

Returns & leverage

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Return on equity29.1%—

Debt / equity0.2×—

Current ratio21.1×+18.7×

Where this comes from

Reported directly by Innoviva, Inc. in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInPrepaidExpense.

The official record: Innoviva, Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Innoviva, Inc.'s change in prepaids?: Innoviva, Inc. (INVA) reported change in prepaids of -$1.88M in Q1 2026.
How has Innoviva, Inc.'s change in prepaids changed year-over-year?: Innoviva, Inc.'s change in prepaids increased by 66.7% year-over-year, from -$5.65M to -$1.88M.
What does change in prepaids mean?: This represents the net change in payments made in advance for goods or services to be received in future periods. An increase in prepaid expenses consumes cash, while a decrease serves as a source of cash. It is a key indicator of working capital management and timing of operational expenditures.