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Innoviva, Inc. INVA Internal Expenses — Research And Development Expense

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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:ResearchAndDevelopmentExpense.

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 internal expenses — research and development expense?
Innoviva, Inc. (INVA) reported internal expenses — research and development expense of $2.64M in Q1 2026.
How has Innoviva, Inc.'s internal expenses — research and development expense changed year-over-year?
Innoviva, Inc.'s internal expenses — research and development expense increased by 95.9% year-over-year, from $1.35M to $2.64M.
What is the long-term trend for Innoviva, Inc.'s internal expenses — research and development expense?
Over 3 years (2022 to 2025), Innoviva, Inc.'s internal expenses — research and development expense has grown at a -30.9% compound annual growth rate (CAGR), from $16.77M to $5.53M.
What does internal expenses — research and development expense mean?
This metric represents the internal costs incurred by the company to support research and development activities within its specific operating segments. It captures the investment directed toward the discovery, clinical development, and regulatory advancement of the company's healthcare and pharmaceutical assets. Monitoring this expense helps investors evaluate the company's commitment to innovation and the sustainability of its product pipeline.