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Innoviva, Inc. INVA Operating margin

Operating margin at other companies

AbbVie logo
AbbVieABBV
24.4%
Insmed logo
InsmedINSM
-140.6%-43.9pp
Ionis Pharmaceuticals logo
Ionis PharmaceuticalsIONS
-33.3%-11.0pp
Ligand Pharmaceuticals logo
Ligand PharmaceuticalsLGND
34.5%+23.0pp
Alkermes logo
AlkermesALKS
12.3%-13.6pp
Royalty Pharma logo
Royalty PharmaRPRX
65.1%-18.9pp

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%

Profitability

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Gross margin73.7%-9.9pp
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

Calculated from Innoviva, Inc.’s reported figures.

Based on trailing twelve months.

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 operating margin?
Innoviva, Inc. (INVA) reported operating margin of 38.1% in Q1 2026.
How has Innoviva, Inc.'s operating margin changed year-over-year?
Innoviva, Inc.'s operating margin decreased by 22.7% year-over-year, from 49.3% to 38.1%.
What is the long-term trend for Innoviva, Inc.'s operating margin?
Over 4 years (2020 to 2025), Innoviva, Inc.'s operating margin has grown at a -19.6% compound annual growth rate (CAGR), from 95.3% to 39.8%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.