INVA · Innoviva, Inc.
What's happening
- INVA is down 1.83% today, trading at $20.91. — Live quote
- Volume today (27,498) is well below its 3-month average of 806,330. (Finnhub fundamentals)
- Reports earnings on 2026-11-11, 20 days away. (Finnhub earnings calendar)
- Last quarter's EPS missed estimates: $-1.14 actual vs. $0.44 estimated (-356.4%). (Finnhub earnings history)
Deterministic template sentences filled in from the same sourced figures shown elsewhere on this page -- not an AI-written summary, no live model call.
Key Statistics
Analyst Recommendations
Aggregate ratings for 2026-10-01 (11 analysts polled by Finnhub) — consensus count.
Performance Overview (Trailing returns vs S&P 500 benchmark)
Earnings Trends (Quarterly EPS Actual vs Estimate)
Valuation Measures & Ratios
Glossary — what these abbreviations mean
- 1. TTM
- Trailing twelve months — the sum of the last four reported quarters, not a calendar year or the single latest quarter.
- 2. EPS
- Earnings per share — net income divided by diluted shares outstanding.
- 3. Beta
- A stock's historical volatility relative to the overall market. Above 1 means it has moved more than the market; below 1, less.
- 4. EV (Enterprise Value)
- Market cap plus total debt minus cash — roughly what it would cost to buy the whole company, debt included.
- 5. Forward P/E
- Price divided by analysts' estimated earnings for the next 12 months, instead of trailing actual earnings.
- 6. PEG Ratio
- P/E divided by expected earnings growth rate. A lower number can indicate a stock is cheap relative to how fast it's expected to grow.
- 7. Price / Book
- Share price divided by book value (assets minus liabilities) per share.
- 8. ROE
- Return on equity — net income divided by shareholders' equity, a measure of how efficiently a company turns equity into profit.
- 9. ROA
- Return on assets — net income divided by total assets, a measure of how efficiently a company turns assets into profit.
- 10. MRQ
- Most recent quarter — the single latest reported period, as opposed to TTM. The Financials section's "Quarterly" view below shows MRQ-style figures.
- 11. YoY
- Year over year — percent change versus the same period one year earlier, used for growth figures like those on Compare cards and the Screener.
Short Interest
Source: FINRA Rule 4560 consolidated short interest, settlement date 2026-09-30. Reported bi-monthly with a reporting lag — not real-time.
Quotes and the 1-day extended-hours chart: Yahoo Finance. Longer historical charts: Alpaca (IEX feed) — real-time but IEX-only volume (~2.5% of consolidated market volume). Fundamentals + earnings: Finnhub.
Price history
Drag horizontally to zoom into a section; use Reset view to restore all observations.
Technical signal summary
Calculating from the latest year of daily price history…
Show Technical Analysis Breakdown ▾ 10 Indicators
Not investment advice — read several signals together.
Indicators None active
History limited by data provider; markers are heuristics, not signals.
Peer and sector context
Balanced evidence
A deterministic summary of sourced facts—not an AI verdict.
Potential strengths
- Revenue growth is 19.2% on the provider's reported measure. Finnhub fundamentals ↗
- Net profit margin is 81.2%. Finnhub fundamentals ↗
- Trailing 52-week price return is +20.2%. Finnhub market metrics ↗
Potential concerns
- Latest SEC filing is Form 4, filed 2026-08-24; review it for current changes and risks. SEC EDGAR ↗
Rule-based facts only; absence from either side is not evidence, and this is not a recommendation.
More on INVA
No accessible free API for these — links go to the source directly.
Financials
Fundamental trends
Visualized from the same SEC figures in the tables below.
Income statement
| Line item | Jun '26 | Mar '26 | Sep '25 | Jun '25 | Mar '25 | Sep '24 | Jun '24 | Mar '24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $119.6M | $98.0M | $107.8M | $100.3M | $88.6M | $89.5M | $99.9M | $77.5M |
| Gross profit | $90.6M | $75.8M | $75.5M | $83.1M | $73.3M | $73.0M | $85.0M | $60.1M |
| Operating income | $50.9M | $38.2M | $34.6M | $48.8M | $41.4M | $43.2M | $54.7M | $25.8M |
| Net income | — | — | — | — | — | — | — | — |
| EPS (diluted) | $-1.14 | $2.22 | $1.08 | $0.77 | $-0.74 | $0.02 | $-0.55 | $0.46 |
| EPS (basic) | $-1.14 | $2.52 | $1.30 | $1.01 | $-0.74 | $0.02 | $-0.55 | $0.58 |
| Operating margin | $43 | $39 | $32 | $49 | $47 | $48 | $55 | $33 |
Balance sheet
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $1.70B | $1.84B | $1.64B | $1.43B | $1.33B | $1.25B | $1.30B | $1.23B |
| Stockholders' equity | $1.23B | $1.34B | $1.17B | — | — | — | $691.2M | — |
| Total current assets | $753.4M | $772.6M | $727.5M | $684.6M | $651.8M | $582.0M | $554.3M | $400.6M |
| Total current liabilities | $47.1M | $36.6M | $49.7M | $48.5M | $246.6M | $234.7M | $236.1M | $223.8M |
| Cash & equivalents | $570.4M | $603.1M | $550.9M | $476.5M | $397.5M | $319.1M | $305.0M | $260.6M |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| Accounts receivable | — | — | — | — | — | — | — | — |
| Inventory | $39.0M | $38.8M | $39.2M | $38.4M | $49.0M | $41.5M | $33.7M | $34.2M |
| Other current assets | $313.0K | $4.4M | $1.6M | $171.0K | $181.0K | $313.0K | $656.0K | $2.0M |
| Marketable securities (non-current) | $441.3M | $413.1M | $404.5M | $343.8M | $297.3M | $291.1M | $341.7M | $434.2M |
| Property, plant & equipment | $2.1M | $2.1M | $1.6M | $1.5M | $451.0K | $483.0K | $514.0K | $544.0K |
| Goodwill | $17.9M | $17.9M | $17.9M | $17.9M | $17.9M | $17.9M | $17.9M | $17.9M |
| Intangible assets | $169.0M | $175.6M | $182.2M | $188.8M | $195.4M | $202.0M | $208.4M | $210.9M |
| Other non-current assets | $39.9M | $40.5M | $40.7M | $41.0M | $41.2M | $41.3M | $41.5M | $2.8M |
| Accounts payable | $4.0M | $6.5M | $5.0M | $6.2M | $5.4M | $4.7M | $2.1M | $4.2M |
| Deferred revenue (current) | $6.0M | $3.7M | $4.3M | $13.6M | $3.1M | $1.0M | $1.1M | $717.0K |
| Short-term debt | — | — | — | — | — | — | — | — |
| Other current liabilities | — | — | — | — | — | — | — | — |
| Long-term debt | $258.5M | $258.1M | $257.7M | $257.4M | $257.0M | $256.7M | $256.3M | $256.0M |
| Other non-current liabilities | $67.3M | $69.1M | $66.1M | $57.4M | $60.0M | $62.0M | $64.3M | $71.4M |
| Common stock & paid-in capital | $727.0K | $738.0K | $747.0K | $748.0K | $630.0K | $628.0K | $627.0K | $626.0K |
| Retained earnings | $372.5M | $456.0M | $269.4M | $105.2M | $15.3M | -$48.4M | -$1.8M | -$22.1M |
| Accumulated other comprehensive income (loss) | — | — | — | — | — | — | — | — |
Cash flow
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $52.0M | $35.3M | $54.5M | $49.7M | $44.1M | $48.6M | $59.2M | $48.7M |
| Investing cash flow | -$55.3M | $37.0M | $23.6M | $18.4M | $33.1M | -$34.7M | -$15.5M | -$5.3M |
| Financing cash flow | -$29.4M | -$20.1M | -$3.7M | $10.8M | $1.2M | $183.0K | $573.0K | $211.0K |
| Free cash flow | $51.5M | $34.8M | $54.5M | $48.6M | $44.1M | $48.6M | $59.2M | $48.4M |
| Capital expenditures | $429.0K | $492.0K | $10.0K | $1.1M | $0 | $0 | $0 | $270.0K |
| Depreciation & amortization | — | — | — | — | — | — | — | — |
| Share-based compensation | $4.7M | $2.6M | $2.5M | $2.4M | $2.4M | $2.1M | $1.7M | $1.6M |
| Deferred income taxes | -$36.1M | $41.0M | $39.8M | $4.9M | -$637.0K | -$240.0K | $2.8M | -$3.4M |
| Change in accounts receivable | $16.8M | -$961.0K | $4.8M | $9.2M | $4.3M | -$3.7M | -$10.2M | $3.8M |
| Change in inventory | $1.0M | $1.3M | $2.6M | -$6.8M | $8.0M | $9.2M | $1.2M | -$633.0K |
| Change in accounts payable | -$2.5M | $1.6M | -$1.3M | $861.0K | $682.0K | $2.6M | -$2.0M | $2.1M |
| Purchases of investments | $25.0M | $10.0M | $11.2M | $15.0M | $0 | $34.7M | $11.5M | $5.0M |
| Sales/maturities of investments | — | — | — | — | — | — | — | — |
| Other investing activities | — | — | — | — | — | — | — | — |
| Share repurchases | $31.1M | $20.2M | $4.5M | $0 | $0 | $0 | $0 | $0 |
| Tax withholding on stock comp | $94.0K | $158.0K | $27.0K | $25.0K | $24.0K | $67.0K | $19.0K | $18.0K |
Income statement
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Revenue | $411.3M | $358.7M | $310.5M | $331.3M | $391.9M |
| Gross profit | $307.7M | $296.2M | $246.0M | — | — |
| Operating income | $163.7M | $166.9M | $113.9M | — | $375.1M |
| EPS (diluted) | $3.30 | $0.36 | $2.20 | $2.37 | $2.87 |
| EPS (basic) | $4.02 | $0.37 | $2.75 | $3.07 | $3.24 |
| Operating margin | $40 | $47 | $37 | — | $96 |
Balance sheet
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Total assets | $1.64B | $1.30B | $1.24B | $1.23B | $926.4M |
| Stockholders' equity | $1.17B | $691.2M | — | $565.8M | $414.7M |
| Total current assets | $727.5M | $554.3M | $344.2M | $443.5M | $313.7M |
| Total current liabilities | $49.7M | $236.1M | $38.1M | $135.0M | $5.8M |
| Cash & equivalents | $550.9M | $305.0M | $193.5M | $291.0M | $201.5M |
| Marketable securities (current) | — | — | — | — | — |
| Accounts receivable | — | — | — | — | — |
| Inventory | $39.2M | $33.7M | $40.7M | $55.9M | $0 |
| Other current assets | $1.6M | $656.0K | $4.3M | $2.9M | $70.0K |
| Marketable securities (non-current) | $404.5M | $341.7M | $444.4M | $363.9M | $483.8M |
| Property, plant & equipment | $1.6M | $514.0K | $483.0K | $170.0K | $12.0K |
| Goodwill | $17.9M | $17.9M | $17.9M | $26.7M | $0 |
| Intangible assets | $182.2M | $208.4M | $230.3M | $252.9M | $0 |
| Other non-current assets | $40.7M | $41.5M | $3.3M | $4.3M | $11.0K |
| Accounts payable | $5.0M | $2.1M | $6.7M | $2.9M | $27.0K |
| Deferred revenue (current) | $4.3M | $1.1M | $1.3M | $2.1M | $0 |
| Short-term debt | — | — | — | — | — |
| Other current liabilities | — | — | $19.7M | $21.2M | $1.0M |
| Long-term debt | $257.7M | $256.3M | $446.2M | $444.2M | $394.7M |
| Other non-current liabilities | $66.1M | $64.3M | $71.9M | $70.9M | $0 |
| Common stock & paid-in capital | $747.0K | $627.0K | $633.0K | $692.0K | $696.0K |
| Retained earnings | $269.4M | -$1.8M | -$25.2M | -$204.9M | -$456.1M |
| Accumulated other comprehensive income (loss) | — | — | — | — | — |
Cash flow
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Operating cash flow | $196.9M | $188.7M | $141.1M | $201.7M | $363.8M |
| Investing cash flow | $40.5M | -$63.8M | -$66.8M | -$56.6M | $43.7M |
| Financing cash flow | $8.6M | -$13.5M | -$171.8M | -$55.6M | -$452.5M |
| Free cash flow | $195.8M | $188.4M | $140.7M | $201.7M | $363.8M |
| Capital expenditures | $1.1M | $270.0K | $411.0K | $67.0K | $0 |
| Depreciation & amortization | — | — | — | — | $13.8M |
| Share-based compensation | $9.5M | $6.4M | $5.8M | $7.3M | $2.0M |
| Deferred income taxes | $43.8M | -$12.6M | $4.4M | $25.0M | $76.4M |
| Change in accounts receivable | $14.6M | $5.9M | $5.1M | $3.5M | $0 |
| Change in inventory | $12.9M | $6.8M | $12.0M | -$280.0K | $0 |
| Change in accounts payable | $2.8M | -$4.6M | $3.8M | $92.0K | -$39.0K |
| Purchases of investments | $60.9M | $59.6M | $65.1M | $0 | $15.9M |
| Sales/maturities of investments | — | — | — | — | — |
| Other investing activities | — | — | — | — | -$191.0M |
| Share repurchases | $4.5M | $14.8M | $75.7M | $8.5M | $394.1M |
| Tax withholding on stock comp | $143.0K | $142.0K | $77.0K | $82.0K | $60.0K |
Source: SEC EDGAR XBRL filings (10-Q/10-K), as originally tagged by the company. Quarterly cash flow is reconstructed by de-cumulating fiscal-year-to-date figures (how cash flow is tagged in 10-Qs); other quarterly lines are reported directly.
Institutional holders
SEC Form 13F filers holding INVA as of the latest reported quarter. 13F only covers investment managers with $100M+ in assets — this is not a complete ownership picture, and does not include insiders (see Recent SEC filings below) or non-13F-eligible holders.
Insider activity
Directors, officers, and 10%+ owners' reported transactions from SEC Form 4. A filing reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR Form 4 filings · checked 25 most recent filings · covers 2025-05-15 to 2026-08-20
Recent transactions
- Most recent: Zhen Marianne (Chief Accounting Officer) — Tax withholding of 1,127 shares on 2026-08-20.
Deterministic template sentences filled in from the SEC Form 4 figures in the tables below -- not an AI-written summary, no live model call.
Insider purchases & sales, last 6 months
Counts only open-market purchases (code P) and sales (code S) — grants, option exercises, tax withholding, and gifts are excluded since they aren't a market buy/sell decision.
Insider roster
| Name | Title | Most Recent Transaction | Date | Shares |
|---|---|---|---|---|
| Zhen Marianne | Chief Accounting Officer | Tax withholding | 2026-08-20 | 1,127 |
| Basso Stephen | Chief Financial Officer | Tax withholding | 2026-08-20 | 558 |
| Raifeld Pavel | Chief Executive Officer | Tax withholding | 2026-08-20 | 1,130 |
| Linden Josephine | Reporting person | Grant / award | 2026-05-18 | 5,733 |
| DiPaolo Mark | Reporting person | Grant / award | 2026-05-04 | 9,786 |
| Schlesinger Sarah J. | Reporting person | Grant / award | 2026-05-04 | 9,786 |
| Small Derek A | Reporting person | Grant / award | 2026-05-04 | 9,786 |
| Haimovitz Jules | Reporting person | Grant / award | 2026-05-04 | 9,786 |
Recent transactions
| Date | Insider | Title | Transaction | Shares | Price |
|---|---|---|---|---|---|
| 2026-08-20 | Zhen Marianne | Chief Accounting Officer | Tax withholding | 1,127 | $21.00 |
| 2026-08-20 | Basso Stephen | Chief Financial Officer | Tax withholding | 558 | $21.00 |
| 2026-08-20 | Raifeld Pavel | Chief Executive Officer | Tax withholding | 1,130 | $21.00 |
| 2026-05-20 | Basso Stephen | Chief Financial Officer | Tax withholding | 559 | $22.24 |
| 2026-05-20 | Raifeld Pavel | Chief Executive Officer | Tax withholding | 1,130 | $22.24 |
| 2026-05-20 | Zhen Marianne | Chief Accounting Officer | Tax withholding | 1,127 | $22.24 |
| 2026-05-18 | Linden Josephine | Reporting person | Grant / award | 5,733 | $0.00 |
| 2026-05-18 | Linden Josephine | Reporting person | Grant / award | 9,461 | $0.00 |
| 2026-05-15 | Basso Stephen | Chief Financial Officer | Grant / award | 1,123 | $0.00 |
| 2026-05-15 | Raifeld Pavel | Chief Executive Officer | Grant / award | 1,123 | $0.00 |
| 2026-05-04 | DiPaolo Mark | Reporting person | Grant / award | 9,786 | $0.00 |
| 2026-05-04 | Raifeld Pavel | Chief Executive Officer | Grant / award | 126,646 | $0.00 |
| 2026-05-04 | Zhen Marianne | Chief Accounting Officer | Grant / award | 12,766 | $0.00 |
| 2026-05-04 | Schlesinger Sarah J. | Reporting person | Grant / award | 9,786 | $0.00 |
| 2026-05-04 | Basso Stephen | Chief Financial Officer | Grant / award | 37,994 | $0.00 |
| 2026-05-04 | Small Derek A | Reporting person | Grant / award | 9,786 | $0.00 |
| 2026-05-04 | Haimovitz Jules | Reporting person | Grant / award | 9,786 | $0.00 |
| 2026-02-20 | Basso Stephen | Chief Financial Officer | Tax withholding | 1,244 | $23.39 |
| 2026-02-20 | Raifeld Pavel | Chief Executive Officer | Tax withholding | 2,986 | $23.39 |
| 2026-02-20 | Zhen Marianne | Chief Accounting Officer | Tax withholding | 2,460 | $23.39 |
| 2025-11-20 | Basso Stephen | Chief Financial Officer | Tax withholding | 237 | $21.16 |
| 2025-11-20 | Zhen Marianne | Chief Accounting Officer | Tax withholding | 992 | $21.16 |
| 2025-11-15 | Basso Stephen | Chief Financial Officer | Grant / award | 604 | $0.00 |
| 2025-11-03 | Basso Stephen | Chief Financial Officer | Grant / award | 27,609 | $18.11 |
| 2025-11-03 | Raifeld Pavel | 10% owner | Grant / award | 110,436 | $18.11 |
| 2025-08-20 | Basso Stephen | Chief Financial Officer | Tax withholding | 237 | $19.95 |
| 2025-08-20 | Zhen Marianne | Chief Accounting Officer | Tax withholding | 991 | $19.95 |
| 2025-05-20 | Zhen Marianne | Chief Accounting Officer | Tax withholding | 992 | $18.78 |
| 2025-05-20 | Basso Stephen | Chief Financial Officer | Tax withholding | 237 | $18.78 |
| 2025-05-15 | Raifeld Pavel | 10% owner | Grant / award | 1,860 | $0.00 |
| 2025-05-15 | Basso Stephen | Chief Financial Officer | Grant / award | 1,353 | $0.00 |
Recent SEC filings
Official company reports and insider transaction filings. Form 4 reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR submissions · updated 2026-10-22 06:30 UTC
| Filed | Form | Report period | Official filing |
|---|---|---|---|
| 2026-08-24 | 4 | 2026-08-20 | View on SEC.gov → |
| 2026-08-24 | 4 | 2026-08-20 | View on SEC.gov → |
| 2026-08-24 | 4 | 2026-08-20 | View on SEC.gov → |
| 2026-08-05 | 10-Q | 2026-06-30 | View on SEC.gov → |
| 2026-08-05 | 8-K | 2026-08-05 | View on SEC.gov → |
| 2026-05-22 | 4 | 2026-05-20 | View on SEC.gov → |
| 2026-05-22 | 4 | 2026-05-20 | View on SEC.gov → |
| 2026-05-22 | 4 | 2026-05-20 | View on SEC.gov → |
| 2026-05-20 | 4 | 2026-05-18 | View on SEC.gov → |
| 2026-05-18 | 8-K | 2026-05-12 | View on SEC.gov → |
| 2026-05-06 | 10-Q | 2026-03-31 | View on SEC.gov → |
| 2026-05-06 | 8-K | 2026-05-06 | View on SEC.gov → |
Recent news
Headlines about INVA (Innoviva, Inc.). Links open the publisher — we don’t host full articles.
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Innoviva Inc (NASDAQ:INVA): A Decent Value Stock With an Undervalued Earnings Profile
ChartMill · 2026-10-20 -
Is Innoviva (INVA) Undervalued On Its IDWeek 2026 Antibiotic Data Update?
Simply Wall Street · 2026-10-20 -
Innoviva Specialty Therapeutics to Present Data Across Infectious Disease Portfolio at IDWeek 2026
Yahoo · 2026-10-19 -
1 week of protest/ Inva Mula: React, tomorrow is too late
cna.al · 2026-10-19 -
Innoviva Stock Price Forecast. Should You Buy INVA?
StockInvest.us · 2026-10-16 -
Do Options Traders Know Something About Innoviva Stock We Don't?
Yahoo · 2026-10-12 -
Is Innoviva (INVA) Undervalued As Zacks Flags Its Value Appeal?
Yahoo · 2026-10-08 -
INVA vs. MRK: Which Stock Is the Better Value Option?
Yahoo · 2026-10-08
No headlines in this category right now — try “All”.