Innoviva (INVA) FCF Margin (2011 - 2026)
Innoviva's FCF Margin came in at 43.10% for Q2 2026, down 0.85 percentage points from 43.95% a year earlier but up 7.60 percentage points from the prior quarter.
Innoviva (INVA) FCF Margin (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Innoviva reported FCF Margin of 43.06%, down 11.06 percentage points year-over-year; for FY2025, it came in at 47.60%, down 4.93 percentage points from FY2024.
- FCF Margin carries a five-year change of -45.36 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 52.53% in FY2024 (+7.22 pp), 45.30% in FY2023 (-15.56 pp), 60.86% in FY2022 (-31.98 pp) and 92.84% in FY2021 (-0.12 pp).
- The five-year range for quarterly FCF Margin is 33.59% (Q1 2023) to 108.92% (Q1 2022).
- Year-over-year, FCF Margin has declined for four consecutive quarters, with an average year-over-year change of -6.49 percentage points over the last six quarters.
- The fastest year-over-year change in FCF Margin over five years came in Q3 2021 (a gain of 14.76 percentage points), and the weakest in Q1 2023 (a drop of 75.33 percentage points).
- Business Quant data shows INVA's FCF Margin at 35.50% (Q1 2026), 47.55% (Q4 2025) and 45.09% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 28.82% |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 18.33% |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 26.96% |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | 43.05% |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | 34.72% |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 34.70% |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 44.00% |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 2.01% |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 30.39% |
| 10 | Innoviva | 1.54 Bn | -748.67 Mn | 90.62 Mn | 43.10% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 43.10% |
| Mar 31, 2026 | 35.50% |
| Dec 31, 2025 | 47.55% |
| Sep 30, 2025 | 45.09% |
| Jun 30, 2025 | 43.95% |
| Mar 31, 2025 | 54.85% |
| Dec 31, 2024 | 64.53% |
| Sep 30, 2024 | 54.09% |
| Jun 30, 2024 | 43.76% |
| Mar 31, 2024 | 47.80% |
| Jun 30, 2023 | 47.14% |
| Mar 31, 2023 | 33.59% |
| Jun 30, 2022 | 73.02% |
| Mar 31, 2022 | 108.92% |
| Dec 31, 2021 | 91.36% |
| Sep 30, 2021 | 98.82% |
| Jun 30, 2021 | 83.94% |
| Mar 31, 2021 | 98.35% |
| Dec 31, 2020 | 94.26% |
| Sep 30, 2020 | 84.06% |
Innoviva FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=INVA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "INVA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=INVA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();