Innoviva (INVA) FCF Margin (2011 - 2026)

Innoviva's (INVA) quarterly FCF Margin came in at 35.5% in Q1 2026, down 1935.0% YoY from 1.93% in Q1 2025, and down 25.45% on a QoQ basis from 47.62% in Q3 2025.

Innoviva (INVA) FCF Margin (2011 - 2026) Analysis & Trends

Innoviva (INVA) has 16 years of FCF Margin data on file, last reported at 35.5% in Q1 2026.

  • Quarterly FCF Margin fell 1935.0% year-over-year to 35.5% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 44.38% (down 413.0% YoY) and the FY2025 annual result came in at 47.6%, down 493.0% from the prior year.
  • FCF Margin eased to 35.5% in Q1 2026, from 47.62% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 4408.67% in Q1 2022 to a low of 35.5% in Q1 2026.
  • A 5-year average of 842.44% and a median of 54.85% in 2025 frame the typical range for FCF Margin.
  • Annual changes were most pronounced in 2023 — FCF Margin tumbled 301988 bps — and 2024, when it jumped 9665 bps.
  • Tracing INVA's FCF Margin over 5 years: stood at 72.61% in 2022, then plunged by 34 bps to 47.88% in 2023, then gained by 1 bps to 48.4% in 2024, then retreated by 2 bps to 47.62% in 2025, then dropped by 25 bps to 35.5% in 2026.
  • The last three FCF Margin figures came in at 35.5% (Q1 2026), 47.62% (Q3 2025), and 43.95% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 30.39%
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 13.35%
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn -
4 Revolution Medicines 43.64 Bn 43.64 Bn - -
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 25.68%
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn -77,594.17%
7 Royalty Pharma 33.72 Bn 35.84 Bn - 70.82%
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn 22.62%
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn -22.35%
10 Innoviva 1.54 Bn 968.79 Mn 90.62 Mn 43.10%

Historic Data

Download Data
DateValue
Jun 30, 2026 43.10%
Mar 31, 2026 35.50%
Sep 30, 2025 47.62%
Jun 30, 2025 43.95%
Mar 31, 2025 54.85%
Sep 30, 2024 48.40%
Jun 30, 2024 43.76%
Mar 31, 2024 1,485.45%
Sep 30, 2023 47.88%
Jun 30, 2023 1,350.62%
Mar 31, 2023 1,388.79%
Sep 30, 2022 72.61%
Jun 30, 2022 1,923.61%
Mar 31, 2022 4,408.67%
Sep 30, 2021 93.40%
Jun 30, 2021 3,090.36%
Mar 31, 2021 5,357.13%
Dec 31, 2020 16,920.63%
Sep 30, 2020 84.06%
Jun 30, 2020 101.07%