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Innoviva, Inc. INVA Equity Method Investment

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$221M+41.7%
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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 inva:EquityMethodInvestment.

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 equity method investment?
Innoviva, Inc. (INVA) reported equity method investment of $351.38M in Q1 2026.
How has Innoviva, Inc.'s equity method investment changed year-over-year?
Innoviva, Inc.'s equity method investment increased by 806.9% year-over-year, from $38.74M to $351.38M.
What is the long-term trend for Innoviva, Inc.'s equity method investment?
Over 3 years (2022 to 2025), Innoviva, Inc.'s equity method investment has grown at a 70.4% compound annual growth rate (CAGR), from $39.15M to $193.73M.
What does equity method investment mean?
This represents the carrying value of investments in entities where the company exercises significant influence but does not have full control. It reflects the company's long-term strategic interest in external healthcare assets or joint ventures. Changes in this balance indicate the company's ongoing commitment to and the performance of its non-consolidated strategic partnerships.