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Innoviva, Inc. INVA Total Operating Expenses

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Other financials

Income statement

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Revenue$119.6M+19.3%
Gross profit$90.6M+9.0%
Operating income$50.9M+4.3%
Net income-$83.4M-231%
EPS (diluted)-$1.14-248%

Balance sheet

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Cash & equivalents$570.4M+43.5%
Total debt$269.7M-40.2%
Total equity$1.2B
Total assets$1.7B+27.7%

Cash flow

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Operating cash flow$52.0M+17.9%
CapEx$429.0K
Free cash flow$51.5M+16.9%

Valuation

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Market cap$1.53B+19.7%
Enterprise value$1.22B-8.6%
P/E4.3×-28.7×
P/S3.5×0.0×

Profitability

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Gross margin72.2%-10.9pp
Operating margin36.9%-10.7pp
Net margin81.2%+70.8pp
FCF margin43.1%-11.1pp

Returns & leverage

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Return on equity29.1%
Debt / equity0.2×
Current ratio16×+13.4×

Where this comes from

Reported directly by Innoviva, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

The source filing: Innoviva, Inc.’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:26 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-335235
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Operating expenses:
Selling, general and administrative34,57126,41267,00953,903
Research and development5,1907,98310,43112,379
Total operating expenses39,76134,39577,44066,282
Income from operations50,85548,75189,00990,179
Changes in fair values of equity method investments, net(131,834)13,08225,816(467)
Changes in fair values of equity and long-term investments, net(29,153)11,2804,422(54,019)
Interest and dividend income7,5994,92518,5869,463

Item 1. Financial Statements

FAQ

What is Innoviva, Inc.'s total operating expenses?
Innoviva, Inc. (INVA) reported total operating expenses of $39.76M in Q2 2026.
How has Innoviva, Inc.'s total operating expenses changed year-over-year?
Innoviva, Inc.'s total operating expenses increased by 15.6% year-over-year, from $34.4M to $39.76M.
What is the long-term trend for Innoviva, Inc.'s total operating expenses?
Over 3 years (2021 to 2025), Innoviva, Inc.'s total operating expenses has grown at a 10.6% compound annual growth rate (CAGR), from $106.35M to $143.92M.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.

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