Innoviva (INVA) Free Cash Flow (2010 - 2026)

Innoviva (INVA) posted Free Cash Flow of $34.8 million for Q1 2026, down 75.38% on a QoQ basis from $141.3 million in Q3 2025, and down 28.44% year-over-year from $48.6 million in Q1 2025.

Innoviva (INVA) Free Cash Flow (2010 - 2026) Analysis & Trends

Innoviva's Free Cash Flow history runs 17 years deep, the most recent figure standing at $34.8 million for Q1 2026.

  • Quarterly Free Cash Flow fell 28.44% year-over-year to $34.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $220.2 million (down 0.61% YoY) and the FY2025 annual result came in at $195.8 million, up 3.92% from the prior year.
  • Free Cash Flow was $34.8 million for Q1 2026 at Innoviva, down from $141.3 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $192.8 million in Q3 2022 and bottomed at $25.7 million in Q1 2023.
  • A 5-year average of $78.5 million and a median of $48.6 million in 2025 frame the typical range for Free Cash Flow.
  • Annual changes were most pronounced in 2023 — Free Cash Flow tumbled 73.85% — and 2024, when it jumped 44.43%.
  • Innoviva's Free Cash Flow stood at $192.8 million in 2022, then slumped by 44.22% to $107.5 million in 2023, then gained by 20.11% to $129.2 million in 2024, then climbed by 9.38% to $141.3 million in 2025, then slumped by 75.38% to $34.8 million in 2026.
  • Business Quant data shows INVA's Free Cash Flow at $34.8 million in Q1 2026, $141.3 million in Q3 2025, and $44.1 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -19.58 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 158.09 Mn
4 NuCana 279.75 Bn 279.75 Bn - -1.53 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.29 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 848.30 Mn
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn -
9 Revolution Medicines 37.78 Bn 37.78 Bn - -354.95 Mn
10 Innoviva 1.57 Bn 969.11 Mn 75.83 Mn 34.79 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 34.79 Mn
Mar 31, 2026 34.79 Mn
Sep 30, 2025 141.30 Mn
Sep 30, 2025 141.30 Mn
Jun 30, 2025 44.07 Mn
Jun 30, 2025 44.07 Mn
Mar 31, 2025 48.62 Mn
Mar 31, 2025 48.62 Mn
Sep 30, 2024 129.18 Mn
Sep 30, 2024 129.18 Mn
Jun 30, 2024 43.72 Mn
Jun 30, 2024 43.72 Mn
Mar 31, 2024 37.05 Mn
Mar 31, 2024 37.05 Mn
Sep 30, 2023 107.55 Mn
Sep 30, 2023 107.55 Mn
Jun 30, 2023 38.18 Mn
Jun 30, 2023 38.18 Mn
Mar 31, 2023 25.65 Mn
Mar 31, 2023 25.65 Mn